Funding profile · Pediatric rehabilitation robotics

Trexo Robotics

A Mississauga exoskeleton maker with three Form D filings totalling $927,500. The company says it has raised more than $5 million. The filings stop in 2021.

$570,000Sold under Trexo’s own CIK, both 2017 filings combined
$357,500Raised by a Geekdom Fund SPV from 10 investors (Jul 2021)
$5M+Total raised to date, company-reported (Dec 2024)
5 yearsSince the last Form D of any kind naming the company

Data as of September 22, 2026. Company-reported figures are labeled.

Rounds at a glance

When Round Amount Investors Source
Jun 2017 Convertible debt with a right to acquire $120,000 sold of $120,000 2, unnamed Form D
Aug 2017 Convertible debt with a right to acquire $450,000 sold of $450,000 1, unnamed Form D
Before Feb 2019 Techstars NYC, then YC Winter 2019 $720,000 seed, reported Techstars, Y Combinator, unnamed TechCrunch
Jun 2021 SPV: Trexo Robotics 2021 Series of Geekdom Fund Sidecar Series LLC $357,500 sold of $357,500 10 · $5,000 minimum Form D
To Dec 2024 Cumulative, no round named “more than $5 million to date” Declined to disclose further Company to BetaKit
2023 to 2026 Non-dilutive program support Not disclosed Toyota Mobility Foundation and MaRS Mobility Unlimited Hub; OBIO; Hamilton Health Sciences Foundation Partner-stated

What the filings show

Trexo Robotics Inc. · Form D · filed Aug 25, 2017

First sale
Aug 15, 2017
Offered
$450,000, debt plus an option to acquire another security
Sold
$450,000 · $0 remaining
Investors
1 · the whole offering
Exemption
Rule 506(b)
Related persons
Manmeet Singh Maggu (executive officer, director); Rahul Udasi (executive officer, director)
Filing
SEC EDGAR, CIK 0001714326

Trexo Robotics Inc. · Form D · filed Aug 11, 2017

First sale
Jun 24, 2017
Offered
$120,000, debt plus an option to acquire another security
Sold
$120,000 · $0 remaining
Investors
2 · average $60,000
Exemption
Rule 506(b)
Issuer
Ontario corporation, incorporated 2016
Filing
SEC EDGAR, CIK 0001714326

Trexo Robotics 2021 Series of Geekdom Fund Sidecar Series LLC · Form D · filed Jul 23, 2021

First sale
Jun 29, 2021
Type
Pooled investment fund, single-company sidecar, San Antonio
Sold
$357,500 of $357,500 · $5,000 minimum
Investors
10 · average $35,750
Exemption
Rule 506(b)
Related persons
J. Michael Girdley and Michael Spencer Troy, executive officer and director; signed for Riverwalk Capital, LLC as manager
Filing
SEC EDGAR, CIK 0001874336

Reading the filings

  1. The 2017 money was debt, not equity.Both filings check the debt box and the option-to-acquire box, and neither checks equity. That is the signature of convertible notes or SAFEs. $570,000 in, three investor slots, one of them writing the full $450,000 in August.
  2. Angels came in through a Texas sidecar four years later.In June 2021 a Geekdom Fund vehicle raised $357,500 from 10 people at a $5,000 minimum, an average of $35,750. Geekdom is a San Antonio fund, and the filing names its principals, not Trexo’s. Trexo filed nothing of its own for that round.
  3. The Form D record covers a fifth of the reported total.$570,000 plus $357,500 is $927,500 against a company figure of more than $5 million, reported to BetaKit in December 2024. Canadian issuers can sell to Canadian investors without touching Regulation D, so the gap is expected. It also means the public record does not show who owns this company.
  4. Nothing has been filed since July 2021.EDGAR shows two filings under Trexo’s own CIK, both from 2017, and one sidecar from 2021. Five years of commercial growth, a global recall, a warning letter and a 510(k) submission produced no further Form D.
  5. No investor appears on the board.Both 2017 filings list exactly two related persons: the founders. No fund partner or outside director is named in any filing.
  6. The regulatory bill arrived after the revenue.Trexo commercialized in 2017 under a 510(k)-exempt listing, recalled 357 units in 2023, took a warning letter in February 2024, and filed its first 510(k) in December 2025. That put the cost of clearance onto a company already carrying an installed base, with no disclosed financing to pay for it.

Commercial signals

Signal Detail Source type
Regulatory 510(k) K254198 cleared Sep 2, 2026 for patients 12 and older with cerebral palsy. Prior devices were listed as 510(k) exempt and drew a warning letter in Feb 2024. No Health Canada licence appears in MDALL. Public record
Installed base 357 units in commerce at the 2023 recall, across the US and 21 other countries. About 300 units in use per BetaKit in late 2024. Public record
Price $29,900 in 2019, or $899 a month on a 36-month lease. Roughly $35,000 to $40,000 Canadian by late 2024, with a $44,900 list price announced. No US price published for Trexo Theo. Independent
Reimbursement No pre-approved insurance coverage. The US funding page lists insurance, foundations, community fundraising and institutional purchase as the routes families use. Company-stated
Institutional demand Alberta Health Services evaluation through OBIO’s EAHN, then a Trexo Plus placed at McMaster Children’s Hospital in Jan 2026, funded by the hospital foundation. Independent
US launch Trexo Theo sold by reservation with a refundable deposit and a 14-day home trial. The site says shipping begins 2027. Company-stated

What to watch

  • A Form D for whatever financed the 510(k) and the US launch, due within 15 days of a first US sale.
  • Whether the 2027 US shipping date holds, and at what price.
  • Any payer coverage decision for a pediatric powered exoskeleton, the gating item on volume.
  • A close-out letter for the February 2024 warning letter, and termination of recall Z-2236-2023.
  • A second 510(k) covering children under 12, where most of the installed base sits.

The Trexo Robotics story on Healthcare DiscoveryHealthcare Discovery

Related companies

  • AOA Dx: Shared investor: Company Fund. A Denver company reading lipids, gangliosides and proteins out of a tube of blood to find ovarian cancer in women who already have symptoms
  • Revolve Surgical: Also in Medical Devices. A Toronto company building a laparoscopic robot that clamps to the operating table instead of filling the room
  • Perceptive Technologies: Also in Medical Devices. A handheld scanner that sees inside a tooth with infrared light instead of X-rays, and a robot arm that cuts the tooth
  • TYBR Health: Also in Medical Devices. A pourable gel made from cow bone that surgeons spread over a fresh tendon repair so scar tissue cannot glue it in place

Sources

  1. Public recordForm D, Trexo Robotics Inc., CIK 0001714326SEC · Aug 11, 2017
  2. Public recordForm D, Trexo Robotics Inc., CIK 0001714326SEC · Aug 25, 2017
  3. Public recordForm D, Trexo Robotics 2021 Series of Geekdom Fund Sidecar Series LLCSEC · Jul 23, 2021
  4. Public recordEDGAR full text search and CIK submission indexesSEC · Sep 22, 2026
  5. Public recordFDA 510(k) K254198, Trexo TheoFDA · Sep 2, 2026
  6. Public recordWarning letter CMS 673150FDA CDRH · Feb 7, 2024
  7. Public recordClass 2 Device Recall Z-2236-2023FDA · Jul 25, 2023
  8. Public recordActive Licence Listing queries for TrexoHealth Canada MDALL · Sep 22, 2026
  9. IndependentTrexo has helped children take 100 million stepsBetaKit · Dec 2024
  10. IndependentTrexo Robotics gets a Y Combinator boostTechCrunch · Feb 25, 2019
  11. IndependentTrexo Plus at McMaster, and the EAHN evaluationOBIO · 2024 and 2026
  12. CompanyFunding, safety and reservation pagesus.trexorobotics.com · Sep 22, 2026
  13. CompanyFAQ on insurance coverage and pricingtrexorobotics.com · Sep 22, 2026

Compiled from SEC, FDA and Health Canada public records and published reports as of September 22, 2026. Form D notices report offerings under Regulation D; amounts reflect the filing date and may not capture later sales, and a Canadian issuer raising outside the United States may file none at all. Healthcare Venture Capital Fund holds no position in Trexo Robotics. This page is not an offer to sell or a recommendation to buy any security.