About XTrodes
XTrodes is a company based in Herzliya (Israel) founded in 2019 by David Rand, Ziv Peremen, Yael Hanein, and Lilah Inzelberg Yifa.. XTrodes has raised $5.5 million across 4 funding rounds from investors including European Union, EIC Fund and WellTech Ventures. XTrodes offers products and services including Smart Skin. XTrodes operates in a competitive market with competitors including Oura, Whoop, Muse, Biotricity and Nyxoah, among others.
- Headquarter Herzliya, Israel
- Founders David Rand, Ziv Peremen, Yael Hanein, Lilah Inzelberg Yifa
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Sectors
TechnologyHealthcare Media & Entertainment
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.5 M (USD)
in 4 rounds
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Latest Funding Round
$2.59 M (USD), Grant
Nov 01, 2023
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Investors
European Union
& 4 more
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Employee Count
Employee Count
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Products & Services of XTrodes
XTrodes offers a comprehensive portfolio of products and services, including Smart Skin. 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.
Patch for collecting real-time electrophysiological data in daily life.
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Funding Insights of XTrodes
XTrodes has successfully raised a total of $5.5M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $2.59 million completed in November 2023. 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 Grant — $2.6M
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First Round
First Round
(02 Mar 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2023 | Amount | Grant - XTrodes | Valuation |
investors |
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| Mar, 2023 | Amount | Grant - XTrodes | Valuation |
investors |
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| Oct, 2021 | Amount | Seed - XTrodes | Valuation | Welltech Ventures , Chartered High Tech |
| 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 |
Investors in XTrodes
XTrodes has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include European Union, EIC Fund and WellTech Ventures. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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WellTech Ventures is focused on investing in wellness technology startups.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 XTrodes
| 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 - XTrodes
| 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 |
Xtrodes Comparisons
Competitors of XTrodes
XTrodes 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 Oura, Whoop, Muse, Biotricity and Nyxoah, 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 |
Health-tracking smart rings and biosensors are developed for biometric monitoring.
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| domain | founded_year | HQ Location |
Provider of a smart wearable device for physical activities monitoring
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| domain | founded_year | HQ Location |
EEG-powered headbands for meditation and sleep biofeedback are developed.
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| domain | founded_year | HQ Location |
Developer of medical remote monitoring solutions that help prevent and manage chronic diseases
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| domain | founded_year | HQ Location |
Provider of a neurostimulation device for obstructive sleep apnea treatments
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Sleep quality is monitored via bedside devices and mobile apps.
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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 Xtrodes
Frequently Asked Questions about XTrodes
When was XTrodes founded?
XTrodes was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is XTrodes located?
XTrodes is headquartered in Herzliya, Israel. It is registered at Herzliya, Central District, Israel.
Who is the current CEO of XTrodes?
Ziv Peremen is the current CEO of XTrodes. They have also founded this company.
Is XTrodes a funded company?
XTrodes is a funded company, having raised a total of $5.5M across 4 funding rounds to date. The company's 1st funding round was a Seed of $4.5M, raised on Mar 02, 2021.
What does XTrodes do?
XTrodes was founded in 2019 in Herzliya, Israel, within the health tech sector. AI-enabled wearables are developed and provided to measure brain electrical activity, supporting mental wellness monitoring. Operations focus on smart devices that track neural signals for users. The company is led by co-founders including Ziv Peremen as CEO, with emphasis on non-invasive neurotechnology applications.
What products or services does XTrodes offer?
XTrodes offers Smart Skin.
Who are XTrodes's investors?
XTrodes has 5 investors. Key investors include European Union, EIC Fund, WellTech Ventures, Jeremy Coller, and Chartered High Tech.