About Neurent Medical
Neurent Medical is a company based in Galway (Ireland) founded in 2015 by Brian Shields and David Townley.. Neurent Medical has raised $35.83 million across 4 funding rounds from investors including EIT Health, Enterprise Ireland and Life Sciences Partners. Neurent Medical offers products and services including NEUROMARK System. Neurent Medical operates in a competitive market with competitors including Pulmonx, Spiration, Gradient Denervation Technologies, Uptake Medical and Emphasys Medical, among others.
- Headquarter Galway, Ireland
- Founders Brian Shields, David Townley
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Sectors
Healthcare
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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 Neurent Medical Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35.83 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
EIT Health
& 6 more
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Employee Count
Employee Count
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Products & Services of Neurent Medical
Neurent Medical offers a comprehensive portfolio of products and services, including NEUROMARK System. 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.
Delivers controlled RF energy to disrupt nasal nerves for rhinitis relief
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Funding Insights of Neurent Medical
Neurent Medical has successfully raised a total of $35.83M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(28 May 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series B - Neurent Medical | Valuation |
investors |
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| Jan, 2021 | Amount | Series B - Neurent Medical | Valuation | Life Sciences Partners , Atlantic Bridge | |
| Jul, 2020 | Amount | Grant - Neurent Medical | 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 Neurent Medical
Neurent Medical has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include EIT Health, Enterprise Ireland and Life Sciences Partners. 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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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Private equity investments in life sciences businesses are managed.
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Founded Year | Domain | Location | |
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Atlantic Bridge is focused on growth equity investments in technology.
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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 Neurent Medical
| 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 - Neurent Medical
| 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 |
Neurent Medical Comparisons
Competitors of Neurent Medical
Neurent Medical 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 Pulmonx, Spiration, Gradient Denervation Technologies, Uptake Medical and Emphasys Medical, 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 |
Developer of smart devices for treating pulmonary diseases
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| domain | founded_year | HQ Location |
IntraBronchial Valve to treat lung disease
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| domain | founded_year | HQ Location |
Endovascular catheter-based technology for pulmonary hypertension treatment is provided.
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| domain | founded_year | HQ Location |
Targeted vapor therapy is developed for endoscopic lung volume reduction.
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| domain | founded_year | HQ Location |
Endobronchial valves for emphysema treatment are developed.
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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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Latest news on Neurent Medical
Frequently Asked Questions about Neurent Medical
When was Neurent Medical founded?
Neurent Medical was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Neurent Medical located?
Neurent Medical is headquartered in Galway, Ireland.
Who is the current CEO of Neurent Medical?
Brian Shields is the current CEO of Neurent Medical. They have also founded this company.
Is Neurent Medical a funded company?
Neurent Medical is a funded company, having raised a total of $35.83M across 4 funding rounds to date.
What does Neurent Medical do?
Neurent Medical was founded in 2015 in Galway, Ireland, within the medical devices sector. A hand-held radio-frequency device for rhinitis treatment has been created, featuring a microelectrode array inserted into the nasal cavity to deliver targeted low-energy RF signals. Autonomic functions in mucosal structures are interrupted by this energy to halt the inflammatory process. An RF generator is also under development by the company.
Who are the top competitors of Neurent Medical?
Neurent Medical's top competitors include Pulmonx, Gradient Denervation Technologies and Spiration.
What products or services does Neurent Medical offer?
Neurent Medical offers NEUROMARK System.
Who are Neurent Medical's investors?
Neurent Medical has 7 investors. Key investors include EIT Health, Enterprise Ireland, Life Sciences Partners, Western Development Commission, and Claret Capital Partners.