About Neuronetics
Neuronetics is a Technology company based in Malvern (United States) founded in 2001. Non-invasive magnetic therapies for psychiatric and neurological disorders are developed. It operates in the Technology and Healthcare sectors. Neuronetics has raised $177.8 million across 8 funding rounds from investors including General Electric, New Leaf Venture Partners and Ascension Ventures. The company has 167 employees. Neuronetics offers products and services including NeuroStar Advanced Therapy System. Its focus areas include Life Sciences, Neurology, Medical Devices and Therapeutic Devices. Its legal entity is NEURONETICS, INC. Its competitors include Freespira, Feel Therapeutics and Cervel; 3 of its 3 listed competitors have raised funding.
Company details
Neuronetics, Inc. was founded in 2001 by The Innovation Factory in Atlanta and is headquartered in Malvern, United States. Non-invasive therapies for psychiatric and neurological disorders are developed using MRI-strength magnetic field pulses. A depression treatment, non-systemic and non-invasive, has been cleared by the FDA for patients unresponsive to prior antidepressants. Operations center on medical device innovation within the healthcare sector, targeting unmet needs in mental health.
- Annual Revenue$15.27 M (USD)2327as on Dec 31, 2024
- Net Profit-$19 K (USD)100as on Dec 31, 2024
- EBITDA-$34.56 M (USD)-13as on Dec 31, 2024
- Total Equity Funding$177.8M (USD)
in 8 rounds
- Latest Funding Round$15M (USD), Series G
Jun 2017
- InvestorsGeneral Electric
& 14 more
- Employee Count167
Products & Services of Neuronetics
Neuronetics offers a comprehensive portfolio of products and services, including NeuroStar Advanced Therapy System.
Non-invasive TMS treatment for depression and comorbid anxiety symptoms.
Funding Insights of Neuronetics
Neuronetics has successfully raised a total of $177.8M across 8 strategic funding rounds. The most recent funding activity was a Series G round of $15 million completed in June 2017. 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 $177.8M
- Total Rounds 8
- Last Round Series G — $15M
- Investors Count 15
All 8 funding rounds of Neuronetics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2017 | $15M | Series G | – | – | |
| Apr 2015 | $34.3M | Series F | – | – | |
| May 2011 | $30M | Series E | – | Polaris Partners, Pfizer Venture Investments | |
| Aug 2009 | $30M | Series D | – | – | |
| Aug 2006 | $35M | Series C | – | – | – |
| Nov 2005 | $17M | Series B | – | – | – |
| Feb 2005 | $16.5M | Series A | – | – | – |
| Aug 2001 | Seed | – | – |
15 investors in total: 15 institutional.
Investors in Neuronetics
Neuronetics has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include General Electric, New Leaf Venture Partners and Ascension Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Strategic investments in healthcare technologies and data innovations. | ascensionventures.org | |||
Early-stage US healthcare investments are made by Accuitive Medical Ventures. | amvpartners.com | Duluth, United States | ||
Early-stage investing in IT and healthcare ventures. | interwest.com | |||
Investments in private tech ecosystem are made by Industry Ventures. | industryventures.com | San Francisco, United States | ||
| patriciaindustries.com | ||||
Limited information is provided about KBL Healthcare Ventures. | kblhealthcare.com | |||
Stage-agnostic investments in US life sciences are managed. | 2005 | nlvpartners.com | New York, United States | |
Early stage VC firm investing in the US | onset.com | Menlo Park, United States | ||
US focused venture capital firm | polarispartners.com | Boston, United States | ||
Life science & tech focused VC firm investing in companies in the US | threearchpartners.com | San Mateo, United States |
Investor details for Neuronetics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Neuronetics
3 dated milestones of Neuronetics across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Neuronetics is founded.
- Funding First funding round.
- Funding Latest funding round, Series G, of $15.0M.
Competitors of Neuronetics
Neuronetics has 3 listed competitors in our database, 3 of them funded. They include Freespira, Feel Therapeutics and Cervel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freespira.com | 2008 | Danville, United States | $48.94M | 25 | Panic disorders are treated via breathing device and mobile app. | |
| feeltherapeutics.com | 2015 | San Francisco, United States | $21.68M | Provider of digital Precision Medicine company leveraging objective data and passive measurement for mental healthcare | ||
| cervel.com | 2008 | Redwood, United States | $23.6M | Treatment-resistant depression is addressed through non-invasive transcranial magnetic stimulation. |
Detailed competitors of Neuronetics
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- Full competitor set
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Web traffic of Neuronetics
The website of Neuronetics (neuronetics.com) receives about 4.2K visits a month and ranks #4,495,661 among all websites worldwide, #4,944 in Alternative and Natural Medicine.
- Monthly visits4.2K
▲ 3.7% vs previous month
- Unique visitors1.7K
per month
- Global rank#4,495,661
among all websites
- Category rank#4,944
Health · Alternative and Natural Medicine
- Bounce rate43%
- Pages per visit1.7
- Average visit25 sec
- DevicesDesktop 39% · Mobile 61%
Websites whose visitors overlap most with Neuronetics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
tmscenterofnewyork.com | tmscenterofnewyork.com | 100% | – | ||
tristatetms.com | tristatetms.com | 96% | – | ||
pemft.com | pemft.com | 88% | – | ||
| neurostar.com | 88% | 23.6K | #1,074,280 | View details | |
tmscenterofcolorado.com | tmscenterofcolorado.com | 84% | #10,183,435 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Neuronetics
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Sensors & Smart Devices
3 companies that operate in the same segment as Neuronetics (Sensors & Smart Devices) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,894 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | |||
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 |
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Related news about Neuronetics
Complete news archive for Neuronetics
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Frequently Asked Questions about Neuronetics
Neuronetics was founded in 2001.
Neuronetics is headquartered in Malvern, United States. It is registered at Malvern, Pennsylvania, United States.
Neuronetics is a funded company, having raised a total of $177.8M across 8 funding rounds to date.
Neuronetics has 167 employees.
Annual revenue of Neuronetics is $15.27M as on Dec 31, 2024.
Neuronetics, Inc. was founded in 2001 by The Innovation Factory in Atlanta and is headquartered in Malvern, United States. Non-invasive therapies for psychiatric and neurological disorders are developed using MRI-strength magnetic field pulses. A depression treatment, non-systemic and non-invasive, has been cleared by the FDA for patients unresponsive to prior antidepressants. Operations center on medical device innovation within the healthcare sector, targeting unmet needs in mental health.
Neuronetics's top competitors include Freespira, Feel Therapeutics and Cervel.
Neuronetics offers NeuroStar Advanced Therapy System.
Neuronetics has 15 investors. Key investors include General Electric, New Leaf Venture Partners, Ascension Ventures, Accuitive Medical Ventures, and InterWest.
Neuronetics operates through Neuronetics, Inc..