About Sofwave Enterprises
Sofwave Enterprises is a company based in Gold Beach (United States) founded in 2003. Sofwave Enterprises has raised $8.4 million across 1 funding round from investors including XT Hi-Tech and Shimon Eckhouse. The company has 126 employees as of December 31, 2024. Sofwave Enterprises offers products and services including Sofwave™ and Pure Impact™. Sofwave Enterprises operates in a competitive market with competitors including Ultherapy, Reziena, CellSound, Sonify Biosciences and Ulvera AI, among others.
- Headquarter Gold Beach, United States
- Employees 126 as on 31 Dec, 2024
- Stage Public
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Sofwave Medical Ltd.
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Annual Revenue
$60.55 M (USD)18.99as on Dec 31, 2024
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Net Profit
-$4.62 M (USD)44.88as on Dec 31, 2024
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EBITDA
-$1.88 M (USD)71.27as on Dec 31, 2024
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Total Equity Funding
$8.4 M (USD)
in 1 rounds
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Latest Funding Round
$8.4 M (USD), Series A
Aug 06, 2019
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Investors
XT Hi-Tech
& 1 more
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Employee Count
126
as on Dec 31, 2024
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IPO & Listings of Sofwave Enterprises
Sofwave Enterprises is a publicly listed company on the TASE with ticker symbol SOFW in Israel, 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.
Products & Services of Sofwave Enterprises
Sofwave Enterprises offers a comprehensive portfolio of products and services, including Sofwave™ and Pure Impact™.
Non-invasive ultrasound for skin lifting, wrinkle reduction, and regeneration.
Electrical stimulation for muscle toning, firming, and strengthening.
People of Sofwave Enterprises
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Funding Insights of Sofwave Enterprises
Sofwave Enterprises has successfully raised a total of $8.4M through 1 strategic funding round. The most recent funding activity was a Series A round of $8.4 million completed in August 2019. 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 Sofwave Enterprises
Sofwave Enterprises has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include XT Hi-Tech and Shimon Eckhouse.
| Investor | Description | Founded Year | Domain | Location |
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Investments in Israeli high-tech startups are managed by XT Hi-Tech.
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Shimon Eckhouse |
Indian angel investor, active in tech and healthcare startups, based in India.
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Investor details for Sofwave Enterprises
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Investments & Acquisitions by Sofwave Enterprises
Investment portfolio details for Sofwave Enterprises
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Financial Statements - Sofwave Enterprises
Detailed financials for Sofwave Enterprises
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Sofwave Enterprises Comparisons
Peer comparison for Sofwave Enterprises
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Competitors of Sofwave Enterprises
Sofwave Enterprises 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 Ultherapy, Reziena, CellSound, Sonify Biosciences and Ulvera AI, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Non-invasive procedure FDA-cleared to lift skin on the neck, chin & brow.
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Anti-aging IoT devices for K-beauty skin treatments are developed.
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Non-invasive ultrasound treatments for facial and body rejuvenation are offered.
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Low-intensity ultrasound device is developed for skin cancer treatment.
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Offers personalized hands-free devices for body contouring, fat reduction, and muscle stimulation treatments.
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Detailed competitors of Sofwave Enterprises
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Latest news on Sofwave Enterprises
Complete news archive for Sofwave Enterprises
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Frequently Asked Questions about Sofwave Enterprises
Sofwave Enterprises was founded in 2003 and raised its 1st funding round 16 years after it was founded.
Sofwave Enterprises is headquartered in Gold Beach, United States. It is registered at Gold Beach, Oregon, United States.
Louis Scafuri is the current CEO of Sofwave Enterprises.
Sofwave Enterprises is a funded company, having raised a total of $8.4M across 1 funding round to date.
As of Dec 31, 2024, the latest employee count at Sofwave Enterprises is 126.
Annual revenue of Sofwave Enterprises is $60.55M as on Dec 31, 2024.
Sofwave Enterprises was founded in 2003 and is headquartered in Gold Beach, United States. Operations focus on the aesthetic medical sector, where ultrasound technology is developed for non-invasive applications. A skin tightening treatment platform has been created, integrating multiple proprietary methods to support enhanced solutions in dermatological procedures. The companys domain is sofwave.com, with Louis Scafuri serving as CEO.
Sofwave Enterprises's top competitors include Ultherapy, Reziena and Sonify Biosciences.
Sofwave Enterprises offers Sofwave™ and Pure Impact™.
Yes, Sofwave Enterprises is publicly traded on TASE under the ticker symbol SOFW.
Sofwave Enterprises has 2 investors. Key investors include XT Hi-Tech, and Shimon Eckhouse.
The ticker symbol of Sofwave Enterprises is SOFW on TASE.