About Neurofit
Neurofit is a company based in Toronto (Canada) founded in 2019 by Alexander Theodorou. It operates as a SaaS (Software-as-a-Service), and HealthTech. Neurofit has raised $20 thousand across 1 funding round from investors including Techstars. Neurofit offers products and services including Neurofit VR and Neurofit Web. Neurofit operates in a competitive market with competitors including Neofect, Zeuron, neuroFit, Neurometry and Advancience, among others.
- Headquarter Toronto, Canada
- Founders Alexander Theodorou
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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 Neurofit Vr 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
$20 K (USD)
in 1 rounds
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Latest Funding Round
$20 K (USD), Seed
Jun 01, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Neurofit
Neurofit offers a comprehensive portfolio of products and services, including Neurofit VR and Neurofit Web. 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.
Immersive rehabilitation experience for improving brain health provided.
Web-based therapy platform for accessible brain health care.
Funding Insights of Neurofit
Neurofit has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in June 2022. 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 1
- Last Round Seed — $20,000
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First Round
First Round
(01 Jun 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Seed - Neurofit | Valuation | Techstars |
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| 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 Neurofit
Neurofit has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. 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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Startups are accelerated globally without sector restrictions through structured programs.
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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 Neurofit
| 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 - Neurofit
| 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 |
Neurofit Comparisons
Competitors of Neurofit
Neurofit 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 Neofect, Zeuron, neuroFit, Neurometry and Advancience, 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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| domain | founded_year | HQ Location |
Smart rehabilitation devices for neurological injuries are developed by Neofect.
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| domain | founded_year | HQ Location |
AI-based gamified digital therapeutics and wearable products for cognitive enhancement
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| domain | founded_year | HQ Location |
Neural health is measured via oculomotor tracking system.
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| domain | founded_year | HQ Location |
Provider of cognitive enhancement gaming applications
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| domain | founded_year | HQ Location |
Provider of game-based rehabilitation software for doctors
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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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Frequently Asked Questions about Neurofit
When was Neurofit founded?
Neurofit was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Neurofit located?
Neurofit is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Neurofit?
Alexander Theodorou is the current CEO of Neurofit. They have also founded this company.
Is Neurofit a funded company?
Neurofit is a funded company, having raised a total of $20K across 1 funding round to date. The company's 1st funding round was a Seed of $20K, raised on Jun 01, 2022.
What does Neurofit do?
Neurofit is established as a digital therapy platform focused on neurological rehabilitation. Solutions are provided for clinicians and educational institutions through gamified activities and real-time progress tracking. The platform is utilized in sectors like healthcare and education, offering tools such as Neurofit VR and Neurofit Web. Immersive and accessible care is delivered to improve brain health and wellness for diverse age groups. Patient progress is monitored via dashboards, and therapy is made engaging with interactive exercises.
Who are the top competitors of Neurofit?
Neurofit's top competitors include Neofect, Neurometry and Zeuron.
What products or services does Neurofit offer?
Neurofit offers Neurofit VR and Neurofit Web.
Who are Neurofit's investors?
Neurofit has 1 investor. Key investors include Techstars.