About Blackrock Neurotech
Blackrock Neurotech is a Healthcare company based in Salt Lake City (United States) founded in 2008 by Florian Solzbacher and Marcus Gerhardt, and was acquired by Tether in April 2024. Medical devices for neurological therapies are developed. It operates in the Healthcare and Technology sectors. Blackrock Neurotech has raised $22.37 million across 16 funding rounds from investors including HHS, European Union and Tether. Blackrock Neurotech has completed 1 acquisition, including HAHA69. Its chief executive, as recorded, is Marcus Gerhardt. Its website blackrockneurotech.com draws about 35 thousand monthly visits. Its focus areas include Life Sciences, Neurology, Medical Devices and Therapeutic Devices. Its legal entity is BLACKROCK MICROSYSTEMS LLC. Its competitors include Cepheid, Beckman Coulter and Bruker; 1 of its 3 listed competitors has raised funding.
Company details
Blackrock Neurotech developer of medical devices for neurological therapies through life sciences, neurology, developing medical devices, therapeutic devices, neurorehabilitation, and clinic based. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Apps and channels of Blackrock Neurotech
its YouTube channel Blackrock Neurotech has 1.51K subscribers and 25 videos.
Videos from Blackrock Neurotech
The most watched videos on Blackrock Neurotech's YouTube channel, Blackrock Neurotech (1.51K subscribers). Click a video to play it here.
More on Blackrock Neurotech.
Funding Insights of Blackrock Neurotech
Blackrock Neurotech has successfully raised a total of $22.37M across 16 strategic funding rounds. The most recent funding activity was a Series B round of $12.37 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $22.37M
- Total Rounds 16
- Last Round Series B — $12.37M
- First Round $1.06M
(Sep 2009)
- Investors Count 6
Latest 10 of 16 funding rounds of Blackrock Neurotech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2024 | $12.37M | Series B | – | – | – |
| Sep 2023 | $1.49M | Grant | – | – | |
| Aug 2023 | $496,413 | Grant | – | – | |
| May 2021 | $10M | Series A | – | re.Mind Capital | |
| Mar 2021 | $1.29M | Grant | – | – | |
| Jun 2020 | $1.7M | Grant | – | – | |
| Aug 2019 | $1.72M | Grant | – | – | |
| Sep 2016 | $774,483 | Grant | – | – | |
| Jun 2015 | $709,154 | Grant | – | – | |
| Sep 2014 | $222,049 | Grant | – | – |
7 investors in total: 5 institutional and 2 angel.
Investors in Blackrock Neurotech
Blackrock Neurotech has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include HHS, European Union and Tether.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are provided in mental health and brain health sectors. | remind.vc | London, United Kingdom | ||
Public health and human services are overseen by HHS. | 1953 | hhs.gov | ||
Administers health care and support for military personnel and operations. | health.mil | Falls Church, United States | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
USD-backed stablecoins are issued on multiple blockchains by Tether. | 2014 | tether.to | Santa Monica, United States | |
PT Peter Thiel | Co-founder of PayPal, early Facebook investor, influential tech angel investor | unknown_08073300646446a2b | ||
TS Tim Sievers | Angel investor and entrepreneur, co-founder of Razorpay, focused on fintech | unknown_57744436336243848 |
Investor details for Blackrock Neurotech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Blackrock Neurotech
52 people are tracked at Blackrock Neurotech (15 in leadership, 3 in board & advisors, 34 in team).
| Name | Role | Group |
|---|---|---|
Florian Solzbacher | Co-Founder & CSO | Leadership |
Marcus Gerhardt | Co-Founder & CEO | Leadership |
Julia Brown | Head Of Data Strategy & AI | Leadership |
Kristen McIntosh | VP, Business Operations | Leadership |
David Burk | Director, PMO | Leadership |
Rob Franklin | VP, BCI | Leadership |
Sherman Wiebe | Director of European Office | Leadership |
Danny Powell | Vp, BCI Strategy & Business Development | Leadership |
Bryan Satterfield | Director, Operations | Leadership |
Raj Bhandari | VP, Development Electrode | Leadership |
Shehan Jaro | VP, Finance | Leadership |
Bryan Howell | Director | Leadership |
David Hoagland | Chief Operating Officer L Senior Vice President | Leadership |
Thomas Thiele | Chief Financial Officer | Leadership |
Sandeep Negi | Director of Research Electrodes | Leadership |
Christian Angermayer | Co-Chairman | Board & advisors |
Tim Sievers | Co-Chairman | Board & advisors |
Pierre-Emmanuel Gaillardon | Advisor | Board & advisors |
Balaji Srikanthan | Senior Research And Development Engineer | Team |
Erman Turan | Investor | Team |
32 more people are available in the full profile.
Complete people profiles for Blackrock Neurotech
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Investments & Acquisitions by Blackrock Neurotech
Blackrock Neurotech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HAHA69.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
HAHA69 is recognized for providing online slot gaming services. | mind-x.io | Bethesda, United States | 2016 | Apr 2022 | •••• |
Complete acquisition details for Blackrock Neurotech
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Timeline of Blackrock Neurotech
5 dated milestones of Blackrock Neurotech across 16 years, from founding to its latest funding, stage changes and deals.
Competitors of Blackrock Neurotech
Blackrock Neurotech has 3 listed competitors in our database, 1 of them funded. They include Cepheid, Beckman Coulter and Bruker.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cepheid.com | 1996 | Sunnyvale, United States | $19.1M | 1,299 | Developer of molecular diagnostic testing solutions | |
| beckman.com | 1935 | Brea, United States | Provider of products for biomedical testing for R&D, diagnostic and commercial applications | |||
| bruker.com | 1960 | United States | 9,707 | Diversified research instrument systems are manufactured and supplied. |
Detailed competitors of Blackrock Neurotech
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Web traffic of Blackrock Neurotech
The website of Blackrock Neurotech (blackrockneurotech.com) receives about 35K visits a month.
- Monthly visits35K
▼ 1% vs previous month
Websites whose visitors overlap most with Blackrock Neurotech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
neurotechx.com | neurotechx.com | 100% | #1,842,250 | – | |
| neuronexus.com | 85% | 7.8K | #2,725,284 | View details | |
brainmind.org | brainmind.org | 53% | #3,020,265 | – | |
foresight.org | foresight.org | 49% | #861,488 | – | |
| msesupplies.com | 33% | 165.4K | #248,209 | View details |
Top companies in Neurology
3 companies that operate in the same segment as Blackrock Neurotech (Neurology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Immuno-modulatory therapies for dementia and neurodegenerative disorders are developed. | 2013 | San Francisco, California, United States | USD 214.78 M | USD 21.05 M | 211 | |
Developer of therapeutics for psychiatric and neurologic diseases | 2002 | New York, New York, United States | USD 80.87 M | USD 250.31 M | 600 | |
Biologics platform developed for intracellular delivery in rare diseases. | 2016 | Boston, Massachusetts, United States | USD 175.25 M | USD 25.42 M | 183 |
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Related news about Blackrock Neurotech
Complete news archive for Blackrock Neurotech
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Frequently Asked Questions about Blackrock Neurotech
Blackrock Neurotech was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Blackrock Neurotech is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Marcus Gerhardt is the CEO of Blackrock Neurotech, as recorded in our data. They have also founded this company.
Blackrock Neurotech is a funded company, having raised a total of $22.37M across 16 funding rounds to date. The company's 1st funding round was a Grant of $222.05K, raised on Sep 2009.
Blackrock Neurotech developer of medical devices for neurological therapies through life sciences, neurology, developing medical devices, therapeutic devices, neurorehabilitation, and clinic based. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Blackrock Neurotech's top competitors include Cepheid, Bruker and Beckman Coulter.
Blackrock Neurotech has made 1 acquisition, including HAHA69.
Blackrock Neurotech has 7 investors. Key investors include HHS, European Union, Tether, re.Mind Capital, and Peter Thiel.
Blackrock Neurotech operates through Blackrock Microsystems Llc.
Yes. Blackrock Neurotech was acquired by Tether in April 2024.