Cerenion

Oulu, Finland Founded: 2017 • Age: 9 yrs
Provider of AI tools for analysis of brain function in intensive care
Annual revenue - Latest available
Total funding $2.8M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Cerenion

Cerenion is a company based in Oulu (Finland) founded in 2017 by Timo Koskela, Ilkka Juuso, Jukka Kortelainen, and Eero Vayrynen. Cerenion has raised $2.82 million across 3 funding rounds from investors including Icebreaker.vc, Butterfly Ventures and Springvest. Cerenion offers products and services including C-Trend. Cerenion operates in a competitive market with competitors including Ceribell, INBRAIN Neuroelectronics, Mynd Analytics, Inria and BrainScope, among others.

  • Headquarter Oulu, Finland
  • Founders Timo Koskela, Ilkka Juuso, Jukka Kortelainen, Eero Vayrynen
  • Sectors
    Healthcare
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Cerenion Oy
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.82 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.2 M (USD), Seed

    Sep 12, 2019

  • Investors
  • Employee Count
    Not available
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Products & Services of Cerenion

Cerenion offers a comprehensive portfolio of products and services, including C-Trend.

Product name locked
Category locked
Primary

AI-assisted tool for real-time EEG waveform analysis in healthcare.

People of Cerenion

Headcount 1-10
Employee Profiles 8
Employee Profiles
People
Kaisu Sutinen
Sales And Marketing Director
People
Arto Heikkinen
Lead Software Engineer
People
Jukka Kortelainen
Chief Executive Officer
People
Sanna Hosio
Quality And Regulatory Affairs Director

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Funding Insights of Cerenion

Cerenion has successfully raised a total of $2.82M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.2 million completed in September 2019. 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.

Investors in Cerenion

Cerenion has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Icebreaker.vc, Butterfly Ventures and Springvest.

All
Venture Fund
Investor Description Founded Year Domain Location
Seed and early-stage tech investments are targeted in Finland.
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Seed-stage venture capital funding is provided by Butterfly Ventures.
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Springvest is recognized as a leading growth investment service in Finland.
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Investor details for Cerenion

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  • Participation history

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Investments & Acquisitions by Cerenion

Investments
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Investment portfolio details for Cerenion

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  • Transaction dates
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Financial Statements - Cerenion

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Detailed financials for Cerenion

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  • Profit trends
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Cerenion Comparisons

Cerenion Primary company
Description
Provider of AI tools for analysis of brain function in inten...
Location
Oulu, Finland
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Cerenion

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Competitors of Cerenion

Cerenion operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ceribell, INBRAIN Neuroelectronics, Mynd Analytics, Inria and BrainScope, among others.

Company Name Domain Founded year HQ Location Description
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Portable EEG devices for point-of-care seizure diagnosis are provided.
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AI-based neuroelectronic devices for brain disorder detection are developed.
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Provider of reference data and analytic tools for clinicians and researchers in psychiatry.
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Software for brain-computer interfaces and neurosciences is developed.
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Developer of AI-driven EEG platform transforming brain electrical activity into insights
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AI-based EEG analysis is provided for healthcare providers.
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Detailed competitors of Cerenion

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Latest news on Cerenion

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Complete news archive for Cerenion

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Frequently Asked Questions about Cerenion

Cerenion was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Cerenion is headquartered in Oulu, Finland. It is registered at Oulu, North Ostrobothnia, Finland.

Timo Koskela is the current CEO of Cerenion. They have also founded this company.

Cerenion is a funded company, having raised a total of $2.82M across 3 funding rounds to date.

Cerenion was established in 2017 as a spin-off from the University of Oulu in Finland. Technology for measuring brain function in intensive care settings is developed by the company for diagnostic and therapeutic applications. The medical-grade software solution, Cerenion C-Trend, is utilized, integrating standard EEG measurements with machine learning algorithms and artificial intelligence to support clinical decision-making in neurology-focused healthcare. Operations are based in Oulu, Finland.

Cerenion's top competitors include Ceribell, INBRAIN Neuroelectronics and BrainScope.

Cerenion offers C-Trend.

Cerenion has 4 investors. Key investors include Icebreaker.vc, Butterfly Ventures, Springvest, and CapA.

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