About Soovu
Soovu is a Technology company based in Seattle (United States) founded in 2016 by Peter Dunbar and Chuck Chabal. Drug-free wearable pulsed heat therapy for pain management is developed. It operates in the Technology and Healthcare sectors. Soovu has raised $8.48 million across 5 funding rounds. Soovu offers products and services including Soovu Pain Relief System. Its focus areas include High Tech, Wearable Technology, Health and Wellness Devices and Chronic Pain. Its legal entity is Soovu Labs, Inc. Its competitors include Theranica, SPR Therapeutics and ZetrOZ; 2 of its 3 listed competitors have raised funding.
- Total Equity Funding$8.48M (USD)
in 5 rounds
- Latest Funding Round$500K (USD), Series A
Feb 2021
Products & Services of Soovu
Soovu offers a comprehensive portfolio of products and services, including Soovu Pain Relief System.
Delivers pulsed heat for fast, effective chronic pain relief and mobility improvement.
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 $8.48M
- Total Rounds 5
- Last Round Series A — $500,000
- First Round $3M
(Feb 2016)
All 5 funding rounds of Soovu 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 |
|---|---|---|---|---|---|
| Feb 2021 | $500,000 | Series A | – | – | – |
| May 2019 | $1.65M | Series A | – | – | – |
| Jul 2018 | $3.18M | Series A | – | – | – |
| Feb 2018 | $150,000 | Seed | – | – | – |
| Feb 2016 | $3M | Seed | – | – | – |
People of Soovu
6 people are tracked at Soovu (5 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Peter Dunbar | Co-Founder & Chief Medical Officer | Leadership |
Chuck Chabal | Co-Founder & Chief Scientific Officer | Leadership |
Allan Stephan | CEO And Co-founder | Leadership |
James Andrews | Vice President Of Sales | Leadership |
Jack Profit | Chief Technology Officer | Leadership |
Mark Freeman | V.p Engineering | Team |
Complete people profiles for Soovu
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Soovu
3 dated milestones of Soovu across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Soovu is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series A, of $500K.
Competitors of Soovu
Soovu has 3 listed competitors in our database, 2 of them funded. They include Theranica, SPR Therapeutics and ZetrOZ.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| theranica.com | 2016 | Bridgewater, United States | $86M | Therapeutic devices for pain management are developed and manufactured. | ||
| sprtherapeutics.com | 2010 | Cleveland, United States | Pioneers non-invasive devices for chronic pain relief through medical innovation. | |||
| zetroz.com | 2009 | Trumbull, United States | $6.78M | 10 | Wearable bioelectronic devices for acoustic medicine treatments are developed. |
Detailed competitors of Soovu
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Web traffic of Soovu
The website of Soovu (soovu.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 5208.4% vs previous month
Top companies in Sensors & Smart Devices
3 companies that operate in the same segment as Soovu (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 Soovu
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Frequently Asked Questions about Soovu
Soovu was founded in 2016.
Soovu is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
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 Seed of $3M, raised on Feb 2016.
Drug-free wearable pulsed heat therapy for pain management is developed.
Soovu's top competitors include Theranica, ZetrOZ and SPR Therapeutics.
Soovu offers Soovu Pain Relief System.
Soovu operates through Soovu Labs, Inc..