About Neuromod Devices
Neuromod Devices is a company based in Dublin (Ireland) founded in 2010 by Ross O'Neill.. Neuromod Devices has raised $54.59 million across 9 funding rounds from investors including SVB, European Investment Bank and Kreos Capital. Neuromod Devices offers products and services including Lenire. Neuromod Devices operates in a competitive market with competitors including ADM Tronics, Lenire, MuteButton, SoundCure and Neuromonics, among others.
- Headquarter Dublin, Ireland
- Founders Ross O'Neill
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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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- Legal Name Neuromod Devices Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$54.59 M (USD)
in 9 rounds
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Latest Funding Round
$10.84 M (USD), Series B
Mar 11, 2025
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Investors
SVB
& 6 more
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Employee Count
Employee Count
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Products & Services of Neuromod Devices
Neuromod Devices offers a comprehensive portfolio of products and services, including Lenire. 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.
Bimodal neuromodulation device for tinnitus treatment at home.
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Funding Insights of Neuromod Devices
Neuromod Devices has successfully raised a total of $54.59M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $10.84 million completed in March 2025. 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 9
- Last Round Series B — $10.8M
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First Round
First Round
(29 Sep 2015)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series B - Neuromod Devices | Valuation | Fountain Healthcare Partners , Panakes Partners |
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| Apr, 2023 | Amount | Series B - Neuromod Devices | Valuation | Panakes Partners | |
| Apr, 2023 | Amount | Debt – Venture - Neuromod Devices | 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 Neuromod Devices
Neuromod Devices has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, European Investment Bank and Kreos Capital. 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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Risk capital is provided to life sciences entrepreneurs.
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Founded Year | Domain | Location | |
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Finance and advisory services for infrastructure projects are provided.
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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 Neuromod Devices
| 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 - Neuromod Devices
| 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 |
Neuromod Devices Comparisons
Competitors of Neuromod Devices
Neuromod Devices 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 ADM Tronics, Lenire, MuteButton, SoundCure and Neuromonics, 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 |
Electronic medical devices and components are manufactured by ADM Tronics.
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| domain | founded_year | HQ Location |
Offers medical device for tinnitus relief through sound and stimulation therapy.
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| domain | founded_year | HQ Location |
Neuromodulation to treat tinnitus
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| domain | founded_year | HQ Location |
Offers a medical device for effective tinnitus treatment.
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| domain | founded_year | HQ Location |
Tinnitus relief solutions are developed via patented devices and apps.
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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 Neuromod Devices
Frequently Asked Questions about Neuromod Devices
When was Neuromod Devices founded?
Neuromod Devices was founded in 2010 and raised its 1st funding round 5 years after it was founded.
Where is Neuromod Devices located?
Neuromod Devices is headquartered in Dublin, Ireland.
Who is the current CEO of Neuromod Devices?
Ross O'Neill is the current CEO of Neuromod Devices. They have also founded this company.
Is Neuromod Devices a funded company?
Neuromod Devices is a funded company, having raised a total of $54.59M across 9 funding rounds to date. The company's 1st funding round was a Series B of $16.43M, raised on Sep 29, 2015.
What does Neuromod Devices do?
The company was founded in 2010 in Dublin, Ireland, within the medical devices sector focused on neuromodulation. Treatments for chronic tinnitus and other neurological disorders are delivered through an intra-oral device, Bluetooth headphones, and sound-tongue stimulating systems. Patented bi-modal technology is applied to target these conditions, with operations centered in Europe.
Who are the top competitors of Neuromod Devices?
Neuromod Devices's top competitors include ADM Tronics, Neuromonics and MuteButton.
What products or services does Neuromod Devices offer?
Neuromod Devices offers Lenire.
Who are Neuromod Devices's investors?
Neuromod Devices has 7 investors. Key investors include SVB, European Investment Bank, Kreos Capital, Fountain Healthcare Partners, and Panakes Partners.