DavaRay is getting more than a little bit of help from its friends these days as the medical device startup taps into local entrepreneurial resources to grow.
"We have been focusing on utilizing the MEDC groups, like
Ann Arbor SPARK," says David Arndt, co-founder of
DavaRay.
DavaRay has an office at Ann Arbor SPARK’s Central Incubator in downtown Ann Arbor. The 7-year-old company also graduated from Ann Arbor SPARK's Entrepreneur Boot Camp and is leveraging the coaching resources at the business accelerator. That has allowed DavaRay to nearly triple is sales over the last year and add two people to its current team of 25. It's also looking to export its products overseas in earnest later this year.
DavaRay's principal product is the Nanobeam 940, a proprietary heat dissipation technology that uses light to stimulate the healing process. Specifically its monochromatic LED ray helps soothe chronic pain.
Arndt and his co-founder, David Anderson, launched the business not long after Arndt created a new way to help him cope with chronic back pay. He found relieve in infrared therapy and started making his own products after the company he was using went out of business.
Nanobeam 940 is being used in home healthcare and professional sports team, including by the Detroit Tigers. Check out a video of the Tigers Athletic Trainer talking about the Nanobeam 940
here.
Source: David Arndt, co-founder of DavaRay
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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