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AescapeInsolvent

Aescape was founded in 2017 by Eric Litman and is headquartered in New York City[6]. The company develops AI-guided robotic massage therapy and wellness systems[1], describing its offering as "Intelligent recovery" with precision bodywork that adapts to individual users across sessions[4]. As of its most recent public disclosure, Aescape had delivered over 175,000 sessions across more than 140 locations in the United States, with a 95 percent excellent rating[9]. The company piloted its systems in Equinox clubs in New York City and announced a rollout to 60 Equinox locations nationwide[10]. Aescape raised $30 million in Series A funding in November 2022 led by Valor Siren Ventures and Valor Equity Partners[7], followed by an $83 million strategic funding round in March 2025, bringing total funding to $128 million[8]. The company executed a general assignment for the benefit of creditors on April 3, 2026[12].

Funding

  • Venture, $83M

    with Alumni Ventures, Fifth Wall, Valor Equity Partners

Leadership & org chart

PP3 alumni

Alumni 1 went on to found or lead

Funding history

  • Aescape announced a $30 million Series A on November 16, 2022, led by Valor Siren Ventures and Valor Equity Partners, with participation from Fifth Wall, Alley Robotics Ventures, Crosslink Capital, Alumni Ventures and NBA player Kevin Love.[7]
  • On March 4, 2025 Aescape announced an $83 million strategic funding round led by Valor Equity Partners, bringing total funding to $128 million.[8]

Traction

  • Aescape's website states that it has delivered more than 175,000 sessions across over 140 locations in the United States, with a 95 percent excellent rating.[9]
  • Aescape, Inc. executed a general assignment for the benefit of creditors on April 3, 2026, listing roughly $152.6 million in unsecured debt, after Aescape Recovery, Inc. acquired substantially all assets with a $16.625 million credit bid effective March 5, 2026.[12]

Partnerships

  • Aescape piloted its massage robots in Equinox clubs in New York City and announced a rollout to 60 Equinox locations nationwide.[10]

Status

  • Aescape is in insolvency proceedings: executed a general assignment for the benefit of creditors on April 3, 2026[13]
  • Aescape is in insolvency proceedings: company executed a general assignment for the benefit of creditors on April 3, 2026[14]

Backers

  • Alumni Ventures

    Venture firm billing itself as America largest venture firm for individuals, investing from pre-seed to later stage across AI, healthcare and strategic technology, headquartered in Manchester, New Hampshire with seven offices in the US, UK and Japan.

  • Fifth Wall

    Fifth Wall is an investment firm that manages $3B in commitments and capital under management, having backed approximately 170 startups focused on technology for the built environment, including companies like Opendoor, Procore, and Blend.

  • Valor Equity Partners

    Valor Equity Partners is a private investment firm that invests in technology and technology-enabled companies across sectors including biosciences, transportation, food, and health and wellness. The firm operates growth investments and early-stage investments through its entities including Valor Si

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