About Innodem Neurosciences
Innodem Neurosciences is a company based in Montreal (Canada) founded in 2016.. Innodem Neurosciences has raised $7 million across 2 funding rounds from investors including Morningside. Innodem Neurosciences offers products and services including ETNA™-MS and Pigio™. Innodem Neurosciences operates in a competitive market with competitors including Kernel, MapHabit, Rhaeos, Cognetivity and HitCheck, among others.
- Headquarter Montreal, Canada
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series A
Jan 19, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Innodem Neurosciences
Innodem Neurosciences offers a comprehensive portfolio of products and services, including ETNA™-MS and Pigio™. 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.
Eye-tracking tool for assessing multiple sclerosis progression
Platform for monitoring neurological disorders via gaze analysis
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Funding Insights of Innodem Neurosciences
Innodem Neurosciences has successfully raised a total of $7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in January 2021. 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 2
- Last Round Series A — $6.0M
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First Round
First Round
(19 Feb 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2021 | Amount | Series A - Innodem Neurosciences | Valuation | Morningside |
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| Feb, 2019 | Amount | Seed - Innodem Neurosciences | Valuation |
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| 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 |
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Investors in Innodem Neurosciences
Innodem Neurosciences has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Morningside. 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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Multiple sectors are invested in by Morningside, a VC fund.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Innodem Neurosciences
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Innodem Neurosciences
| 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 |
Innodem Neurosciences Comparisons
Competitors of Innodem Neurosciences
Innodem Neurosciences 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 Kernel, MapHabit, Rhaeos, Cognetivity and HitCheck, 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 |
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Multimodal brain measurement technology is developed for neuromedicine applications.
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| domain | founded_year | HQ Location |
Wearable devices and app are provided for mental disorder support.
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| domain | founded_year | HQ Location |
Noninvasive device developed for CSF monitoring and hydrocephalus management.
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AI based platform offering brain health diagnosis tool for providers
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A mobile app that helps to screen for signs of a concussion
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Innodem Neurosciences
Frequently Asked Questions about Innodem Neurosciences
When was Innodem Neurosciences founded?
Innodem Neurosciences was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Innodem Neurosciences located?
Innodem Neurosciences is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Is Innodem Neurosciences a funded company?
Innodem Neurosciences is a funded company, having raised a total of $7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Feb 19, 2019.
What does Innodem Neurosciences do?
Innodem Neurosciences was founded in 2016 in Montreal, Canada, within the healthcare and AI sector. A software platform named Pigio is offered to support communication for patients with neurological impairments. Eye movements of paralyzed or mentally ill individuals are predicted and monitored through dashboard tools, facilitating interaction. Treatment processes are refined by physicians and healthcare providers using the AI-driven features.
Who are the top competitors of Innodem Neurosciences?
Innodem Neurosciences's top competitors include Kernel, Winterlight Labs and Cognetivity.
What products or services does Innodem Neurosciences offer?
Innodem Neurosciences offers ETNA™-MS and Pigio™.
Who are Innodem Neurosciences's investors?
Innodem Neurosciences has 1 investor. Key investors include Morningside.