About Neofect
Neofect is a company based in San Francisco (United States) founded in 2010 by Scott Kim. It operates as a HealthTech and Direct-to-Consumer (D2C). Neofect has raised $4 million across 2 funding rounds from investors including DSC Investment, SBI Investment Korea and Company K Partners. The company has 49 employees as of December 31, 2024. Neofect offers products and services including Smart Glove, Smart Board, Smart Pegboard, Cognition, and TeleRehab. Neofect operates in a competitive market with competitors including HyperIce, KT Tape, Flint Rehab, Firefly Recover and Neurofit, among others.
- Headquarter San Francisco, United States
- Employees 49 as on 31 Dec, 2024
- Founders Scott Kim
- Stage Public
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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 Neofect Co.,Ltd
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Annual Revenue
$14.31 M (USD)-20.67as on Dec 31, 2024
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Net Profit
-$645.07 K (USD)80.83as on Dec 31, 2024
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EBITDA
-$192.35 K (USD)-168.97as on Dec 31, 2024
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Total Equity Funding
$4 M (USD)
in 2 rounds
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Latest Funding Round
$8.55 M (USD), Post-IPO
Jul 05, 2019
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Investors
DSC Investment
& 2 more
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Employee Count
49
as on Dec 31, 2024
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IPO & Listings of Neofect
Neofect is a publicly listed company on the KRX with ticker symbol 290660 in South Korea, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Neofect
Neofect offers a comprehensive portfolio of products and services, including Smart Glove, Smart Board, Smart Pegboard, Cognition, and TeleRehab.
Used for repetitive movement training in virtual environments.
Designed for unweighted proximal muscle strengthening exercises.
Interactive tool for challenging dexterity, vision, and cognition.
Computerized program for cognitive rehabilitation and training.
HIPAA-compliant platform for remote video conferencing rehabilitation.
People of Neofect
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Funding Insights of Neofect
Neofect has successfully raised a total of $4M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $8.55 million completed in July 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 Neofect
Neofect has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include DSC Investment, SBI Investment Korea and Company K Partners.
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Sector-agnostic VC firm investing in geographies such as South Korea
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Early-stage venture capital is invested primarily in South Korean startups.
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Investor details for Neofect
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Investments & Acquisitions by Neofect
Investment portfolio details for Neofect
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Financial Statements - Neofect
Detailed financials for Neofect
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- Profit trends
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Neofect Comparisons
Peer comparison for Neofect
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Competitors of Neofect
Neofect 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 HyperIce, KT Tape, Flint Rehab, Firefly Recover and Neurofit, among others.
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Internet first brand offering smart devices for physical fitness
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Manufacturer of kinesiology tape and related recovery products. It offers a variety of tapes designed for different needs and activity levels, including options for sensitive skin and specific areas of the body. The product line also includes supporting items such as ice sleeves, pain relief gels, and blister prevention products. The company provides educational resources on proper application techniques and offers a mobile application for further support. The focus is on providing solutions for pain relief, muscle support, and recovery from injuries.
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Developer of stroke rehabilitation systems
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Recovery device for delayed onset muscle soreness is developed.
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Virtual rehabilitation tools are provided to patients and healthcare professionals.
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Detailed competitors of Neofect
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Latest news on Neofect
Complete news archive for Neofect
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Frequently Asked Questions about Neofect
Neofect was founded in 2010 and raised its 1st funding round 5 years after it was founded.
Neofect is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Neofect is a funded company, having raised a total of $4M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Neofect is 49.
Annual revenue of Neofect is $14.31M as on Dec 31, 2024.
Neofect is focused on creating clinically proven neurorehabilitation devices and services for upper extremity recovery. Solutions are offered in the healthcare sector, targeting stroke survivors and patients with motor impairments. Products like Smart Glove, Smart Board, and Smart Pegboard are designed to maximize arm and hand use through gamified training. Remote rehabilitation is supported via the TeleRehab platform. Partnerships with clinical institutions like Stanford Medical Center validate outcomes through trials. Operations span across 34 countries, serving over 3200 hospitals.
Neofect's top competitors include HyperIce, KT Tape and Flint Rehab.
Neofect offers Smart Glove, Smart Board, Smart Pegboard, Cognition, and TeleRehab.
Yes, Neofect is publicly traded on KRX under the ticker symbol 290660.
Neofect has 3 investors. Key investors include DSC Investment, SBI Investment Korea, and Company K Partners.
The ticker symbol of Neofect is 290660 on KRX.