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
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Sectors
HealthcareTechnology
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Cerenion Oy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.82 M (USD)
in 3 rounds
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Latest Funding Round
$2.2 M (USD), Seed
Sep 12, 2019
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Investors
Icebreaker.vc
& 3 more
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Employee Count
Employee Count
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Products & Services of Cerenion
Cerenion offers a comprehensive portfolio of products and services, including C-Trend. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-assisted tool for real-time EEG waveform analysis in healthcare.
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $2.2M
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First Round
First Round
(07 Feb 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Seed - Cerenion | Valuation | Springvest | |
| Apr, 2018 | Amount | Seed - Cerenion | Valuation |
investors |
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| Feb, 2018 | Amount | Seed - Cerenion | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Seed and early-stage tech investments are targeted in Finland.
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Founded Year | Domain | Location | |
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Seed-stage venture capital funding is provided by Butterfly Ventures.
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Founded Year | Domain | Location | |
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Springvest is recognized as a leading growth investment service in Finland.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cerenion
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cerenion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cerenion Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Portable EEG devices for point-of-care seizure diagnosis are provided.
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| domain | founded_year | HQ Location |
AI-based neuroelectronic devices for brain disorder detection are developed.
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| domain | founded_year | HQ Location |
Provider of reference data and analytic tools for clinicians and researchers in psychiatry.
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| domain | founded_year | HQ Location |
Software for brain-computer interfaces and neurosciences is developed.
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| domain | founded_year | HQ Location |
Developer of AI-driven EEG platform transforming brain electrical activity into insights
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| domain | founded_year | HQ Location |
AI-based EEG analysis is provided for healthcare providers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cerenion
When was Cerenion founded?
Cerenion was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Cerenion located?
Cerenion is headquartered in Oulu, Finland. It is registered at Oulu, North Ostrobothnia, Finland.
Who is the current CEO of Cerenion?
Timo Koskela is the current CEO of Cerenion. They have also founded this company.
Is Cerenion a funded company?
Cerenion is a funded company, having raised a total of $2.82M across 3 funding rounds to date. The company's 1st funding round was a Seed of $618.8K, raised on Feb 07, 2018.
What does Cerenion do?
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.
Who are the top competitors of Cerenion?
Cerenion's top competitors include Ceribell, INBRAIN Neuroelectronics and BrainScope.
What products or services does Cerenion offer?
Cerenion offers C-Trend.
Who are Cerenion's investors?
Cerenion has 4 investors. Key investors include Icebreaker.vc, Butterfly Ventures, Springvest, and CapA.