Neurive

Founded: 2018 • Age: 8 yrs
Electronic and digital medicines for neurological disorders are developed.
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About Neurive

Neurive is a company founded in 2018 by Jae Jun Song.. Neurive has raised $1.01 million across 2 funding rounds from investors including MAGNA Investment, SL Investment and XL Biotec. Neurive operates in a competitive market with competitors including ONWARD, Nalu Medical, Atlantic Therapeutics, Synchron and Neuronoff, among others.

  • Founders Jae Jun Song
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.01 M (USD)

    in 2 rounds

  • Latest Funding Round
    $846.58 K (USD), Seed

    Sep 26, 2021

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Neurive

Neurive has successfully raised a total of $1.01M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $846.58 thousand completed in September 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 Rounds 2
  • Last Round Seed — $846,575
  • First Round

    (01 Jul 2020)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2021 Amount Seed - Neurive Valuation MAGNA Investment , SL Investment
Jul, 2020 Amount Seed - Neurive Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Neurive

Neurive has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include MAGNA Investment, SL Investment and XL Biotec. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
A multi-asset investment firm based in Abu Dhabi, UAE, is operated.
Founded Year Domain Location
-
Founded Year Domain Location
XL Biotec is engaged in supplying biotechnology research products.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Neurive

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Neurive

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Neurive Comparisons

Employees
+
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Competitors of Neurive

Neurive 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 ONWARD, Nalu Medical, Atlantic Therapeutics, Synchron and Neuronoff, 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
Therapeutic devices for spinal cord injuries are developed and delivered.
domain founded_year HQ Location
Developer of a neurostimulation system for managing intractable chronic pain
domain founded_year HQ Location
Non-invasive wearable devices for pelvic floor strengthening are developed.
domain founded_year HQ Location
Implantable bioelectronics are developed for neurological condition treatments.
domain founded_year HQ Location
Neuromodulation devices are developed to restore and improve organ activity.
domain founded_year HQ Location
Neuromodulation devices for neurological disorders are developed and offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Neurive

Frequently Asked Questions about Neurive

When was Neurive founded?

Neurive was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Who is the current CEO of Neurive?

Jae Jun Song is the current CEO of Neurive. They have also founded this company.

Is Neurive a funded company?

Neurive is a funded company, having raised a total of $1.01M across 2 funding rounds to date. The company's 1st funding round was a Seed of $161.84K, raised on Jul 01, 2020.

What does Neurive do?

Neurive was founded in 2018 as a developer of electronic and digital medicines targeting neurological disorders. Therapeutic devices are provided that employ neuromodulation techniques and AI-driven vagus nerve stimulation. Conditions addressed include tinnitus, depression, anxiety, insomnia, and cognitive dysfunction associated with degenerative brain diseases. Operations focus on innovative treatments within the healthcare technology sector.

Who are the top competitors of Neurive?

Neurive's top competitors include ONWARD, Synchron and Nalu Medical.

Who are Neurive's investors?

Neurive has 4 investors. Key investors include MAGNA Investment, SL Investment, XL Biotec, and Incheon Catholic University.

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