Tombot, Animatronic Tech Venture, Raises Capital to Meet Growing Waitlist
SANTA CLARITA, Calif., October 3, 2022 /PRNewswire/ — Robot-fallenthe innovative hyper-realistic emotional support robot that looks, feels and behaves like a real puppy, today announced a limited-time opportunity for U.S. and international individuals to invest in a increase in community departure September 28, 2022 on Republic – a platform for investors seeking strong growth potential. Scientifically designed to treat symptoms of mental illness, Tombot has been widely covered by media around the world including BBC, Wired, The Oprah Magazine, Forbes. Tombot was selected for Time magazinefrom the prestigious “Best Inventions of 2020” list. The Tombot community has customers and supporters from 86 countries.
Tombot Jennie
Tombot’s mission to create robotic pets that transform the daily lives of individuals, families and communities facing mental health issues is changing the world. Launched in 2017, Tombot aims to be the FDA’s first robotic animal medical device and safety and health monitoring platform to address behavioral, emotional and psychological symptoms associated with dementia, autism, depression, anxiety, PTSD, etc. Tombot puppies have been pre-ordered for applications in hospitals, residential facilities and private homes for those unable to care for a live animal.
Tombot offers a rare opportunity for ordinary people around the world to invest in the transformative business for as little as $249. Tombot’s market potential for robotic pets includes expanding the product line to treat up to 1 billion people with serious mental health issues. Tombot Projects is shipping over 200,000 robots by the end of 2026. Their first product is called “Jennie”, a unique and adorable robot that stimulates emotional attachment.
Jennie’s features include:
- Hyper-realistic appearance and textures
- Artistic design patented by by Jim Henson Creature Shop
- Patent-pending behaviors that mimic a real puppy
- Monitoring and Feedback for the Treatment of Sunset Syndrome
- Sensors including touch, sound, voice commands, motion and light
Transforming the lives of people around the world facing serious mental health issues, Tombot is raising capital through Republic to achieve the following goals:
- Full alpha/beta testing and engineering
- Finalize supply chain contracts and manufacturing preparations
- Fulfill the first 2,500 customer orders
- Reach $60 million in a pre-monetary Series A valuation to scale the business and begin development of our next products
Co-founder and CEO Tom Steven conceived Tombot when her mother’s Alzheimer’s dementia progressed to the point where she could no longer safely care for her dog. Stevens realized that robotic animals could help millions of individuals, families and caregivers struggling with dementia and other conditions: “More than a billion people face serious health issues Since many of these people cannot safely or practically care for a live animal companion, they are missing out on the mental and physical health benefits of human-animal bonding. in 2017 to serve these people,” Stevens said.
In addition to Stevens, Tombot’s leadership team includes co-founder and chief technology officer, Hank Schorzand co-founder and chief operating officer, Jesse Schorz. Tombot’s leadership made an earlier startup one of the largest litigation automation companies in the world. They managed to leave this company by acquisition in 2011.
For more information on investing with Tombot, visit: republic.com/tombot. For the Tombot website, visit: tombot.com, @tombotrobotics for Instagram, and facebook.com/tomborobotics for Facebook.
About Tombot:
Robot-fallen is a social impact company and creator of Jennie – the world’s first hyper-realistic and affordable robotic animal scientifically designed to treat and monitor people with mental health issues. Tombot’s mission is to create robotic animals that transform the daily lives of individuals, families and communities facing health issues. Led by Co-Founder and CEO Tom Steventhe company seeks to become the world leader in medical-grade robotic animals.
About Republic:
Republic is a global fintech company that empowers anyone to invest in anything, anywhere. Republic operates several distinct business lines, including a retail investment platform, a private equity division, and a blockchain advisory practice. The ecosystem of the Republic has been deployed on $1.5 billion in investments, has backed over 600 companies and includes a community of over 2.5M users in 100 countries. Republic is backed by dozens of leading investment firms and financial institutions and its affiliated entities have co-invested with the best names in venture capital and private equity. Founded in 2016, Republic is headquartered in New York City with offices around the world. For more information, visit https://group.republic.com and follow @joinrepublic on Facebook, instagram and Twitter.
Jenna Guarneri
JMG Public Relations
212-206-1645
[email protected]
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