CraniUS

Baltimore, United States Founded: 2021 • Age: 5 yrs
Drug delivery systems for brain diseases and disorders are developed.

About CraniUS

CraniUS is a company based in Baltimore (United States) founded in 2021 by Chad Gordon. CraniUS has raised $39.5 million across 4 funding rounds from investors including Maryland.gov, Mumbai Angels and Lumis Partners. CraniUS offers products and services including NeuroPASS. CraniUS operates in a competitive market with competitors including Impel NeuroPharma, Cognos Therapeutics, Cordance Medical, PassPort Technologies and Bionxt, among others.

Operational Areas
Key Metrics
  • Total Equity Funding
    $39.5M (USD)

    in 4 rounds

  • Latest Funding Round
    $19M (USD), Series B

    Jan 2026

  • Investors

Products & Services of CraniUS

CraniUS offers a comprehensive portfolio of products and services, including NeuroPASS.

NeuroPASS
Drug Delivery System

Skull-implantable device for targeted brain disease treatment and drug administration.

Apps and channels of CraniUS

its YouTube channel CraniUS Therapeutics has 12 subscribers.

CraniUS Therapeutics
YouTube 12 subscribers Health & Fitness
Open channel

Funding Insights of CraniUS

CraniUS has successfully raised a total of $39.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $19 million completed in January 2026. 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 $39.5M
  • Total Rounds 4
  • Last Round Series B β€” $19M
  • First Round $500,000

    (Aug 2021)

  • Investors Count 3

All 4 funding rounds of CraniUS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2026$19MSeries B––
–
Jun 2024$1MGrant––
Sep 2022$20MSeries A––
–
Aug 2021$500,000Seed–Mumbai Angels
Valuation history

3 investors in total: 3 institutional.

Investors in CraniUS

CraniUS has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Maryland.gov, Mumbai Angels and Lumis Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage venture investments are facilitated by Mumbai Angels network.
2006mumbaiangels.comMumbai, India
Investment in alternative assets, businesses, and funds in India.
2006lumispartners.comGurugram, India
Access to government programs and development services is facilitated.
–maryland.govUnited States
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Investor details for CraniUS

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  • Round participation
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People of CraniUS

6 people are tracked at CraniUS (5 in leadership, 1 in team).

NameRoleGroup
Chad Gordon
Founder & CMOLeadership
Michael Maglin
CEOLeadership
Natalie Wisniewski
CTO & CPOLeadership
Jack Kent
VP, Strategy & OperationsLeadership
Joshua Schaefer
Senior Director Of Product Development And ManufacturingLeadership
Judy Gonzalez
Marketing And Communications StrategistTeam
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Complete people profiles for CraniUS

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of CraniUS

3 dated milestones of CraniUS across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded CraniUS is founded.
  2. Funding First funding round of $500K.
  3. Funding Latest funding round, Series B, of $19.0M.

Competitors of CraniUS

CraniUS 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 Impel NeuroPharma, Cognos Therapeutics, Cordance Medical, PassPort Technologies and Bionxt, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
impelnp.com2008Seattle, United States$126.83M158
Intranasal delivery technology for CNS diseases is developed.
cognosthx.com2015Los Angeles, United States$5.75M13
Cognos Therapeutics is focused on innovative neurological and oncological treatments.
cordancemedical.com2018Mountain View, United States––
Non-invasive ultrasound device for blood-brain barrier is developed.
passport-tech.com2019San Diego, United States––
Transdermal drug delivery systems are developed using microporation technology.
bionxt.com2018Vancouver, Canada–49
Drug formulations and delivery systems for diseases are developed.
nsgene.dk1999Ballerup, Denmark$5.14M–
Specializes in drug delivery systems and therapeutics for central nervous system diseases.
palyonmedical.com2004New York, United States$24M–
Develops implantable drug delivery systems for central nervous system disorders.
sinontx.com2015Durham, United States––
Nanoparticle-based drug delivery platform for neurological diseases is developed.
release-tx.com2023Geneve, Switzerland$3.88M–
Encapsulated cell therapy devices for CNS diseases are developed.
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Detailed competitors of CraniUS

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
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Verified entity values are shown only after access is granted.

Latest news on Cranius

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Complete news archive for CraniUS

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Similar companies to CraniUS

10 companies that operate in the same segment as CraniUS (Neurology), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Novel biopharmaceutical medicines are developed for unmet medical needs.
2003Dublin, IrelandUSD 265 MUSD 4.27 B2,800
Immuno-modulatory therapies for dementia and neurodegenerative disorders are developed.
2013San Francisco, California, United StatesUSD 214.78 MUSD 21.05 M211
Developer of therapeutics for psychiatric and neurologic diseases
2002New York, New York, United StatesUSD 80.87 MUSD 250.31 M600
Biologics platform developed for intracellular delivery in rare diseases.
2016Boston, Massachusetts, United StatesUSD 175.25 MUSD 25.42 M183
Developer of therapies for the treatment of musculoskeletal disorders
2007Woburn, Massachusetts, United StatesUSD 62 MUSD 85.55 M692
MR-interfaced ultrasound devices for cancer and neurology treatments are provided.
1999Tirat Carmel, Haifa District, IsraelUSD 574.2 M––
AI-driven drug discovery platform for neurological diseases based on patients biomarkers
2019San Francisco, California, United StatesUSD 144.72 M–76
Small molecule drugs for rare diseases are developed.
1998South Plainfield, New Jersey, United StatesUSD 248.1 MUSD 1.73 B939
Developer of small molecule therapeutics for endocrine and CNS disorders
1992San Diego, California, United StatesUSD 10 MUSD 2.86 B1,800
Developer of antibodies to treat complement-mediated neurodegenerative diseases
2011San Francisco, California, United StatesUSD 256 M–100
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Frequently Asked Questions about CraniUS

CraniUS was founded in 2021.

CraniUS is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.

Michael Maglin is the current CEO of CraniUS.

CraniUS is a funded company, having raised a total of $39.5M across 4 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Aug 2021.

CraniUS was founded in 2021 in Baltimore, United States, as a medical technology company. Implantable devices are developed by the company for brain tumor treatment and to address disorders such as Alzheimers and Parkinsons. The flagship product, NeuroPASS, is designed to deliver medication directly to the brain, bypassing the blood-brain barrier with controlled flow rates. Operations focus on innovative drug delivery solutions within the neurotherapeutics sector.

CraniUS's top competitors include Impel NeuroPharma, Cognos Therapeutics and Cordance Medical.

CraniUS offers NeuroPASS.

CraniUS has 3 investors. Key investors include Maryland.gov, Mumbai Angels, and Lumis Partners.

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