About Soovu
Soovu is a company based in Seattle (United States) founded in 2016 by Peter Dunbar and Chuck Chabal.. Soovu has raised $8.48 million across 5 funding rounds. Soovu offers products and services including Soovu Pain Relief System. Soovu operates in a competitive market with competitors including Theranica, Mainstay Medical, Sooma Oy, SPR Therapeutics and ZetrOZ, among others.
- Headquarter Seattle, United States
- Founders Peter Dunbar, Chuck Chabal
-
Sectors
TechnologyHealthcare
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Soovu Labs, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$8.48 M (USD)
in 5 rounds
-
Latest Funding Round
$500 K (USD), Series A
Feb 16, 2021
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Soovu
Soovu offers a comprehensive portfolio of products and services, including Soovu Pain Relief System. 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.
Delivers pulsed heat for fast, effective chronic pain relief and mobility improvement.
Unlock access to complete
Unlock access to complete
Funding Insights of Soovu
Soovu has successfully raised a total of $8.48M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $500 thousand completed in February 2021. 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 5
- Last Round Series A — $500,000
-
First Round
First Round
(29 Feb 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series A - Soovu | Valuation |
investors |
|
| May, 2019 | Amount | Series A - Soovu | Valuation |
investors |
|
| Jul, 2018 | Amount | Series A - Soovu | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Soovu
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Soovu
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Soovu Comparisons
Competitors of Soovu
Soovu 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 Theranica, Mainstay Medical, Sooma Oy, SPR Therapeutics and ZetrOZ, 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 |
Therapeutic devices for pain management are developed and manufactured.
|
|
| domain | founded_year | HQ Location |
Provider of rehabilitation solutions for patients and doctors
|
|
| domain | founded_year | HQ Location |
Non-invasive neuromodulation therapies
|
|
| domain | founded_year | HQ Location |
Pioneers non-invasive devices for chronic pain relief through medical innovation.
|
|
| domain | founded_year | HQ Location |
Wearable bioelectronic devices for acoustic medicine treatments are developed.
|
|
| domain | founded_year | HQ Location |
Wearable therapeutic fabrics for pain management are offered by Nufabrx.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Soovu
Frequently Asked Questions about Soovu
When was Soovu founded?
Soovu was founded in 2016.
Where is Soovu located?
Soovu is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Soovu a funded company?
Soovu is a funded company, having raised a total of $8.48M across 5 funding rounds to date. The company's 1st funding round was a Series A of $3.18M, raised on Feb 29, 2016.
What does Soovu do?
Drug-free wearable pulsed heat therapy for pain management is developed.
Who are the top competitors of Soovu?
Soovu's top competitors include Theranica, Mainstay Medical and Nufabrx.
What products or services does Soovu offer?
Soovu offers Soovu Pain Relief System.