# Neurode

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neurode-pty

- Industry: Medical Devices & Equipment
- Headquarters: Sydney, Australia
- Website: www.neurode.com.au/
- Latest round: Seed (Jun 2, 2021)
- Investors on record: 2

## About

Based in Sydney, Australia, and founded in 2021 by Damian Sofrevski and Nathalie Gouailhardou, Neurode Pty Ltd is a medical device company that operates as a developer of non-invasive wearable devices that improve cognitive performance for people with neurological conditions. In September 2024, Neurode Pty Ltd raised USD 5.3 million in venture funding from various investors.

Neurode is developing a wearable headband designed to treat and monitor ADHD symptoms in a non-invasive, drug-free manner. The headband delivers mild brain stimulation to address underactivity in the frontal cortex associated with ADHD, aiming to improve focus, impulse control, and memory. Additionally, the device tracks brain activity changes over time, allowing users to monitor their progress. The platform includes an AI assistant named Rae, which helps users manage tasks and cope with overwhelm. The device also provides a real-time view of brain activity, offering insights into the effectiveness of the treatment for ADHD symptoms.

The company intends to use the September 2024 funding to enhance its cutting-edge headgear made to help those with ADHD.

## Funding rounds

- Seed, Jun 2, 2021 — SOSV, HAX

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- HAX — Seed