# Neuronetics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neuronetics

- Industry: Medical Devices & Equipment
- Headquarters: Malvern, US
- Website: www.neurostar.com
- Total disclosed funding: $153M
- Latest round: Series G (Jun 1, 2017)
- Investors on record: 15

## About

Founded in 2001 and based in Pennsylvania, US, Neuronetics, Inc. develops and manufactures NeuroStar TMS, a non-invasive therapeutic device for the healthcare industry. In July 2018, Neuronetics, Inc. started trading on the Nasdaq global select market under the ticker symbol STIM.

The company's research and development team offer NeuroStar TMS therapy based upon neuromodulation technology for patients with a major depressive disorder and not benefited from prior antidepressant treatment. The medical device produces MRI-strength magnetic field pulses to stimulate underactive brain areas that result in non-invasive and symptom relief for chronic psychiatric and neurological disorders.

The company generates revenue by commercializing products that improve patients' quality of life who suffer from psychiatric disorders. Neuronetics, Inc.'s revenues increased by USD 9.9 million, or 19 percent, from USD 52.8 million for FY 2018 to USD 62.7 million for FY 2019.

The company plans to continue the clinical trials and use the outcomes registry data to lay the groundwork for future advancements and treatment protocols.

## Funding rounds

- Series G, Jun 1, 2017, $15M — InterWest Partners, Polaris Partners, Three Arch Partners, Industry Ventures, Accuitive Medical Ventures, KBL Healthcare Ventures, ONSET Ventures, New Leaf Venture Partners, Patricia Industries, Ascension Ventures, Pfizer Venture Investments, GE Ventures
- Series F, May 6, 2015, $34M — GE Capital, Equity, InterWest Partners, Polaris Partners, Three Arch Partners, KBL Healthcare Ventures, ONSET Ventures, New Leaf Venture Partners, Patricia Industries, Pfizer Venture Investments
- Series E, May 13, 2011, $30M — InterWest Partners, Quaker Partners Management, Polaris Partners, Three Arch Partners, ONSET Ventures, New Leaf Venture Partners, Patricia Industries, Pfizer Venture Investments
- Series D, Aug 21, 2009, $30M — InterWest Partners, Quaker Partners Management, Three Arch Partners, KBL Healthcare Ventures, ONSET Ventures, New Leaf Venture Partners, Patricia Industries
- Series C, Aug 14, 2006, $35M — InterWest Partners, Quaker Partners Management, Three Arch Partners, KBL Healthcare Ventures, ONSET Ventures, Patricia Industries
- Series B, Mar 31, 2005, $8.5M — InterWest Partners, Three Arch Partners, Accuitive Medical Ventures, ONSET Ventures, Patricia Industries
- Seed, Aug 1, 2001 — Accuitive Medical Ventures, Partisan Management Group

## Investors

- Accuitive Medical Ventures (https://capitalatlas.ai/funds/accuitive-medical-ventures) — Seed, Series B, Series G
- Partisan Management Group (https://capitalatlas.ai/funds/partisan-management-group) — Seed
- InterWest Partners (https://capitalatlas.ai/funds/interwest-partners) — Series B, Series C, Series D, Series E, Series F, Series G
- Three Arch Partners (https://capitalatlas.ai/funds/three-arch-partners) — Series B, Series C, Series D, Series E, Series F, Series G
- ONSET Ventures (https://capitalatlas.ai/funds/onset-ventures) — Series B, Series C, Series D, Series E, Series F, Series G
- Patricia Industries (https://capitalatlas.ai/funds/patricia-industries) — Series B, Series C, Series D, Series E, Series F, Series G
- Quaker Partners Management (https://capitalatlas.ai/funds/quaker-partners-management) — Series C, Series D, Series E
- KBL Healthcare Ventures (https://capitalatlas.ai/funds/kbl-healthcare-ventures) — Series C, Series D, Series F, Series G
- New Leaf Venture Partners (https://capitalatlas.ai/funds/new-leaf-venture-partners) — Series D, Series E, Series F, Series G
- Polaris Partners (https://capitalatlas.ai/funds/polaris-partners) — Series E, Series F, Series G
- Pfizer Venture Investments (https://capitalatlas.ai/funds/pfizer-venture-investments) — Series E, Series F, Series G
- GE Capital, Equity (https://capitalatlas.ai/funds/ge-capital-equity) — Series F
- Industry Ventures (https://capitalatlas.ai/funds/industry-ventures) — Series G
- Ascension Ventures (https://capitalatlas.ai/funds/ascension-ventures) — Series G
- GE Ventures — Series G