ShiraTronics

Minneapolis, United States Founded: 2019 • Age: 7 yrs
Neuromodulation devices for migraine and chronic disease treatment are developed.
Annual revenue - Latest available
Total funding $107.7M 3 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About ShiraTronics

ShiraTronics is a company based in Minneapolis (United States) founded in 2019. ShiraTronics has raised $107.69 million across 3 funding rounds from investors including LivaNova, Norwest Venture Partners and Seroba Lifesciences. ShiraTronics offers products and services including Neuromodulation Device. ShiraTronics operates in a competitive market with competitors including ElectroCore, eNeura, Cefaly, Salvia BioElectronics and Zosano Pharma, among others.

  • Headquarter Minneapolis, United States
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Shiratronics, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $107.69 M (USD)

    in 3 rounds

  • Latest Funding Round
    $66 M (USD), Series B

    Sep 17, 2024

  • Investors
    LivaNova

    & 10 more

  • Employee Count
    Not available
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Products & Services of ShiraTronics

ShiraTronics offers a comprehensive portfolio of products and services, including Neuromodulation Device.

Product name locked
Category locked
Primary

Implanted device for nerve stimulation to relieve chronic migraine symptoms.

People of ShiraTronics

Headcount 10-50
Employee Profiles 13
Employee Profiles
People
Rob Binney
Chief Executive Officer
People
Fred Ecklund
Vice President Clinical Operations
People
Michael Schultz
Principal Test Engineer
People
Andrew Sowada
Principal Field Clinical Engineer

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Funding Insights of ShiraTronics

ShiraTronics has successfully raised a total of $107.69M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $66 million completed in September 2024. 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 ShiraTronics

ShiraTronics has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include LivaNova, Norwest Venture Partners and Seroba Lifesciences.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Amzak Health is engaged in venture investments in life sciences.
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Investor details for ShiraTronics

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Investments & Acquisitions by ShiraTronics

Investments
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Investment portfolio details for ShiraTronics

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Financial Statements - ShiraTronics

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Detailed financials for ShiraTronics

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Shiratronics Comparisons

ShiraTronics Primary company
Description
Neuromodulation devices for migraine and chronic disease tre...
Location
Minneapolis, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for ShiraTronics

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Competitors of ShiraTronics

ShiraTronics 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 ElectroCore, eNeura, Cefaly, Salvia BioElectronics and Zosano Pharma, among others.

Company Name Domain Founded year HQ Location Description
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Non-invasive vagus nerve stimulation devices are developed for headache treatments.
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Transcranial magnetic stimulation devices for migraine treatment are developed.
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Neurostimulation devices for migraine and headache treatment are provided.
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Bioelectronic solutions for migraines and neurological disorders are developed.
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Develops innovative transdermal drug delivery technologies for various therapeutic applications.
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Detailed competitors of ShiraTronics

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Latest news on Shiratronics

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Complete news archive for ShiraTronics

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Frequently Asked Questions about ShiraTronics

ShiraTronics was founded in 2019.

ShiraTronics is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

ShiraTronics is a funded company, having raised a total of $107.69M across 3 funding rounds to date.

ShiraTronics was founded in 2019 as a spinout from NuXcel and is based in Minneapolis, United States. Focus is placed on the development of implantable neuromodulation devices targeted at migraines and other chronic conditions. Partnerships with entities such as AMZAK, APERTURE, and LivaNova support operations in the medical device sector. Activities center on advancing neuromodulation technologies for therapeutic applications.

ShiraTronics's top competitors include Salvia BioElectronics, ElectroCore and eNeura.

ShiraTronics offers Neuromodulation Device.

ShiraTronics has 11 investors. Key investors include LivaNova, Norwest Venture Partners, Seroba Lifesciences, OSF Ventures, and Amzak Health.

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