NeuroStar

Malvern, United States Founded: 2003 • Age: 23 yrs
Non-invasive TMS therapy is provided for major depressive disorder treatment.
Annual revenue $74.9M Latest available
Total funding $118.7M 7 rounds
Employees 716 Tracked headcount
Investors 13 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About NeuroStar

NeuroStar is a company based in Malvern (United States) founded in 2003. NeuroStar has raised $118.69 million across 7 funding rounds from investors including Pfizer, General Electric and New Leaf Venture Partners. The company has 716 employees as of December 31, 2024. NeuroStar offers products and services including NeuroStar TMS System and NeuroStar Advanced Therapy. NeuroStar operates in a competitive market with competitors including Flow Neuroscience, Magstim, Soterix Medical, Neuroprex and NeuroQore, among others.

  • Headquarter Malvern, United States
  • Employees 716 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Neuronetics, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $74.89 M (USD)
    4.96
    as on Dec 31, 2024
  • Net Profit
    -$43.71 M (USD)
    -44.78
    as on Dec 31, 2024
  • EBITDA
    -$32.49 M (USD)
    -13.81
    as on Dec 31, 2024
  • Total Equity Funding
    $118.69 M (USD)

    in 7 rounds

  • Latest Funding Round
    Not available
  • Investors
    Pfizer

    & 12 more

  • Employee Count
    716

    as on Dec 31, 2024

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IPO & Listings of NeuroStar

NeuroStar is a publicly listed company on the NASDAQ with ticker symbol STIM in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: STIM · Sector: Health technology · USA

Products & Services of NeuroStar

NeuroStar offers a comprehensive portfolio of products and services, including NeuroStar TMS System and NeuroStar Advanced Therapy.

Product name locked
Category locked
Primary

Non-invasive treatment using magnetic pulses for depression relief.

Product name locked
Category locked
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Adjunct treatment for OCD and anxious depression in patients.

People of NeuroStar

Headcount 50-200
Employee Profiles 45
Board Members and Advisors 5
Employee Profiles
People
Keith J. Sullivan
President & CEO
People
Brandon Deluca
Business Development Manager
People
Heather Sherman
Senior Regional Practice Manager
People
Todd Cushman
VP, Business Development

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Board Members and Advisors
people
Rob Cascella
Chairman
people
Megan Rosengarten
Director
people
Wilfred Jaeger
Board Member
people
Glenn Muir
Board Member

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Funding Insights of NeuroStar

NeuroStar has successfully raised a total of $118.69M across 7 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.

Investors in NeuroStar

NeuroStar has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Pfizer, General Electric and New Leaf Venture Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private debt investments are managed for middle-market companies.
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Strategic investments in healthcare technologies and data innovations.
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Early-stage US healthcare investments are made by Accuitive Medical Ventures.
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Investor details for NeuroStar

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by NeuroStar

Investments
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Investment portfolio details for NeuroStar

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - NeuroStar

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Detailed financials for NeuroStar

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  • Profit trends
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Neurostar Comparisons

NeuroStar Primary company
Description
Non-invasive TMS therapy is provided for major depressive di...
Location
Malvern, United States
Founded Year
2003
Annual Revenue
$74.89 M (USD)
Net Profit
-$43.71 M (USD)
EBITDA
-$32.49 M (USD)
Employees
716
As of 2024
Premium access

Peer comparison for NeuroStar

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of NeuroStar

NeuroStar 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 Flow Neuroscience, Magstim, Soterix Medical, Neuroprex and NeuroQore, among others.

Company Name Domain Founded year HQ Location Description
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Provider of a wearable device for stress and anxiety management
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Neurotechnology solutions for EEG, TMS, and tDCS are developed.
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Non-invasive neuromodulation devices for mood disorders are manufactured.
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Wearable devices are developed to modulate tissues for neurological diseases.
Locked Locked Locked
Monophasic rTMS systems for depression treatment are developed by NeuroQore.
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Detailed competitors of NeuroStar

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Neurostar

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Complete news archive for NeuroStar

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about NeuroStar

NeuroStar was founded in 2003 and raised its 1st funding round 6 years after it was founded.

NeuroStar is headquartered in Malvern, United States. It is registered at Malvern, Pennsylvania, United States.

NeuroStar is a funded company, having raised a total of $118.69M across 7 funding rounds to date.

As of Dec 31, 2024, the latest employee count at NeuroStar is 716.

Annual revenue of NeuroStar is $74.89M as on Dec 31, 2024.

NeuroStar was founded in 2003 and is headquartered in Malvern, United States. Operations center on the development of non-drug, non-invasive devices utilizing MRI-strength pulsed magnetic fields for neurorehabilitation. Therapeutic applications target central nervous system disorders, with TMS Therapy serving as an FDA-cleared option for adults with major depressive disorder who have not responded adequately to prior antidepressant treatments.

NeuroStar's top competitors include Flow Neuroscience, Magstim and Neuroprex.

NeuroStar offers NeuroStar TMS System and NeuroStar Advanced Therapy.

Yes, NeuroStar is publicly traded on NASDAQ under the ticker symbol STIM.

NeuroStar has 13 investors. Key investors include Pfizer, General Electric, New Leaf Venture Partners, SLR Investment, and Ascension Ventures.

The ticker symbol of NeuroStar is STIM on NASDAQ.

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