About Soterix Medical
Soterix Medical is a company based in New York (United States) founded in 2008 by Abhishek Datta. It operates as a HealthTech, and Direct-to-Consumer (D2C). Soterix Medical offers products and services including High-Definition tDCS (HD-tDCS), Depression tDCS-LTE System, and PainX tDCS System. Soterix Medical operates in a competitive market with competitors including Muse, Flow Neuroscience, HypnoVR, Feel Therapeutics and NeuroStar, among others.
- Headquarter New York, United States
- Founders Abhishek Datta
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Sectors
TechnologyHealthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Soterix Medical Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$956.86 K (USD), Grant
Sep 01, 2021
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Investors
HHS
& 1 more
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Employee Count
Employee Count
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Products & Services of Soterix Medical
Soterix Medical offers a comprehensive portfolio of products and services, including High-Definition tDCS (HD-tDCS), Depression tDCS-LTE System, and PainX tDCS 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.
Advanced non-invasive brain stimulation technology is provided.
Non-invasive treatment for depression is offered in-office.
Non-invasive therapy for fibromyalgia and migraine is provided.
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Funding Insights of Soterix Medical
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $956,857
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First Round
First Round
(01 Aug 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2021 | Amount | Grant - Soterix Medical | Valuation |
investors |
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| Aug, 2021 | Amount | Grant - Soterix Medical | Valuation |
investors |
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| Jun, 2016 | Amount | Grant - Soterix Medical | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Soterix Medical
Soterix Medical has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and National Institute of Neurological Disorders and Stroke. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location | |
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Research on neurological disorders and stroke is conducted and funded.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Soterix Medical
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Soterix Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Soterix Medical Comparisons
Competitors of Soterix Medical
Soterix Medical 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 Muse, Flow Neuroscience, HypnoVR, Feel Therapeutics and NeuroStar, 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 |
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| domain | founded_year | HQ Location |
EEG-powered headbands for meditation and sleep biofeedback are developed.
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Provider of a wearable device for stress and anxiety management
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| domain | founded_year | HQ Location |
Virtual reality therapies for pain and anxiety reduction are developed.
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| domain | founded_year | HQ Location |
Provider of digital Precision Medicine company leveraging objective data and passive measurement for mental healthcare
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| domain | founded_year | HQ Location |
Non-invasive TMS therapy is provided for major depressive disorder treatment.
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| domain | founded_year | HQ Location |
Provider of EEG medical device for major depressive disorder treatment
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Soterix Medical
Frequently Asked Questions about Soterix Medical
When was Soterix Medical founded?
Soterix Medical was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Where is Soterix Medical located?
Soterix Medical is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Soterix Medical?
Abhishek Datta is the current CEO of Soterix Medical. They have also founded this company.
What does Soterix Medical do?
Non-invasive medical treatments for neuropsychiatric and neurological disorders are developed by Soterix Medical. Focus is placed on rehabilitation through advanced neuromodulation technologies like High-Definition tDCS and Limited Total Energy tDCS. Solutions are provided to clinicians and patients across clinical and research sectors. Synergistic technologies are distributed, and services in image analysis and modeling are offered. Applications in defense and space sectors are also explored. Worldwide clinical approvals have been secured, ensuring global reach and impact.
Who are the top competitors of Soterix Medical?
Soterix Medical's top competitors include Muse, NeuroStar and NeuroSigma.
What products or services does Soterix Medical offer?
Soterix Medical offers High-Definition tDCS (HD-tDCS), Depression tDCS-LTE System, and PainX tDCS System.
Who are Soterix Medical's investors?
Soterix Medical has 2 investors. Key investors include HHS, and National Institute of Neurological Disorders and Stroke.