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
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Sectors
TechnologyHealthcare
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Email
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Phone
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Website
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Social
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- Legal Name Theranica Bio-Electronics Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$86 M (USD)
in 4 rounds
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Latest Funding Round
$45 M (USD), Series C
Aug 29, 2022
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Investors
Omron
& 7 more
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Employee Count
Employee Count
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Products & Services of Theranica
Theranica offers a comprehensive portfolio of products and services, including Nerivio. 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.
Wearable device for drug-free migraine pain relief.
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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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $45.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series C - Theranica | Valuation | New Rhein | |
| Mar, 2019 | Amount | Series B - Theranica | Valuation | aMoon | |
| Jul, 2017 | Amount | Series A - Theranica | Valuation | Lightspeed Venture Partners |
| 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 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. 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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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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Founded Year | Domain | Location | |
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Early-stage healthcare investments are managed by LionBird venture capital firm.
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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 Theranica
| 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 - Theranica
| 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 |
Theranica Comparisons
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. 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 |
Non-invasive neuromodulation therapies
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| domain | founded_year | HQ Location |
Bone Health Technologies creates a wearable device to treat osteopenia and prevent osteoporosis.
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| domain | founded_year | HQ Location |
Provider of rehabilitation solutions for patients and doctors
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| domain | founded_year | HQ Location |
Pioneers non-invasive devices for chronic pain relief through medical innovation.
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| domain | founded_year | HQ Location |
Wearable bioelectronic devices for acoustic medicine treatments are developed.
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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 Theranica
Frequently Asked Questions about Theranica
When was Theranica founded?
Theranica was founded in 2016.
Where is Theranica located?
Theranica is headquartered in Bridgewater, United States. It is registered at Bridgewater, New Jersey, United States.
Is Theranica a funded company?
Theranica is a funded company, having raised a total of $86M across 4 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Sep 20, 2016.
What does Theranica do?
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.
Who are the top competitors of Theranica?
Theranica's top competitors include Mainstay Medical, Profusa and Nufabrx.
What products or services does Theranica offer?
Theranica offers Nerivio.
Who are Theranica's investors?
Theranica has 8 investors. Key investors include Omron, Lightspeed Venture Partners, aMoon, LionBird, and Takoa Invest.