[UPDATED] Wearable Tech Startup RxFunction Raises $7.5m Series A

Updated 4/3: CEO Tom Morizio says the A Round was actually $7.5, $1.5m more than previously reported:

“Our intent was to raise $5m and we oversubscribed at $7.5m”

Updated 3/30/2018: New SEC disclosure indicates another $2m.

Original 1/2/2018: Minneapolis wearable prosthetic startup RxFunction is raising $5.77m of debt & equity with $3.95m closed per SEC disclosure.

RxFunctin is known for their wearable technology product Walkasins that uses sensors to improve balance and safety in patients who experience gait, or due to peripheral neuropathy.