Theranica

Bridgewater, United States Founded: 2016 • Age: 10 yrs
Therapeutic devices for pain management are developed and manufactured.
Annual revenue - Latest available
Total funding $86.0M 4 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Theranica

Theranica is a company based in Bridgewater (United States) founded in 2016 by Slava Barabash. It operates as a HealthTech. Theranica has raised $86 million across 4 funding rounds from investors including Omron, Lightspeed Venture Partners and aMoon. Theranica offers products and services including Nerivio. Theranica operates in a competitive market with competitors including Sooma Oy, Bone Health Technologies, Mainstay Medical, SPR Therapeutics and ZetrOZ, among others.

  • Headquarter Bridgewater, United States
  • Founders Slava Barabash
  • Sectors
    Technology
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Theranica Bio-Electronics Ltd.
Operational Areas
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $86 M (USD)

    in 4 rounds

  • Latest Funding Round
    $45 M (USD), Series C

    Aug 29, 2022

  • Investors
    Omron

    & 7 more

  • Employee Count
    Not available
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Products & Services of Theranica

Theranica offers a comprehensive portfolio of products and services, including Nerivio.

Product name locked
Category locked
Primary

Wearable device for drug-free migraine pain relief.

People of Theranica

Headcount 50-200
Employee Profiles 32
Board Members and Advisors 6
Employee Profiles
People
Lea Turgeman
Social Creator & Community Manager
People
Tim McCarthy
CEO, Theranica USA
People
Micha Ben Chorin
CFO
People
Ahmad Imam
Quality Assurance Engineer

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Board Members and Advisors
people
Todd Sone
Director
people
Shimon Eckhouse
Chairman & Co-Founder
people
Yoni Cheifetz
Director
people
Scott Serota
Director

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Funding Insights of Theranica

Theranica has successfully raised a total of $86M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $45 million completed in August 2022. 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 Theranica

Theranica has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Omron, Lightspeed Venture Partners and aMoon.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments in healthcare are focused on by aMoon.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Early-stage healthcare investments are managed by LionBird venture capital firm.
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Investor details for Theranica

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Theranica

Investments
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Investment portfolio details for Theranica

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Theranica

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Detailed financials for Theranica

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  • Profit trends
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Theranica Comparisons

Theranica Primary company
Description
Therapeutic devices for pain management are developed and ma...
Location
Bridgewater, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Theranica

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Competitors of Theranica

Theranica 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 Sooma Oy, Bone Health Technologies, Mainstay Medical, SPR Therapeutics and ZetrOZ, among others.

Company Name Domain Founded year HQ Location Description
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Non-invasive neuromodulation therapies
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Bone Health Technologies creates a wearable device to treat osteopenia and prevent osteoporosis.
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Provider of rehabilitation solutions for patients and doctors
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Pioneers non-invasive devices for chronic pain relief through medical innovation.
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Wearable bioelectronic devices for acoustic medicine treatments are developed.
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Detailed competitors of Theranica

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Latest news on Theranica

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Complete news archive for Theranica

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Theranica

Theranica was founded in 2016.

Theranica is headquartered in Bridgewater, United States. It is registered at Bridgewater, New Jersey, United States.

Theranica is a funded company, having raised a total of $86M across 4 funding rounds to date.

Advanced digital therapeutics for managing neurological pain diseases are developed by Theranica. Focus is placed on migraine treatment through innovative solutions like remote electrical neuromodulation. Conditioned Pain Modulation (CPM) is harnessed to inhibit pain perception. The healthcare sector is primarily served with safe and affordable technologies.

Theranica's top competitors include Mainstay Medical, Profusa and Nufabrx.

Theranica offers Nerivio.

Theranica has 8 investors. Key investors include Omron, Lightspeed Venture Partners, aMoon, LionBird, and Takoa Invest.

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