Reach Neuro
Latest round
- Seed
Last raised
- Dec 2021
Total raised
- Undisclosed
Investors
- 1
About Reach Neuro
Based in Pennsylvania, US, and co-founded in 2021 by Marc Powell, Marco Caprogrosso, Douglas Weber, and Peter Gerszten, Reach Neuro Inc. provides a device for patients with post-stroke paralysis. As of 2022, the company has begun its first-in-human clinical trials that proved the effectiveness of its therapy. In December 2021, Reach Neuro Inc. The company was also awarded a grant from NIH for over USD 8 million to continue clinical trials. Reach Neuro's team of co-founders and researchers have patented hardware and software devices designed to be implanted into the spine and enable the patient to voluntarily control movement in their arm and hand. The company's treatment is applicable both at the patient's home and in the clinic during physical therapy sessions. From clinical trials, the treatment was shown to increase strength and mobility during physical therapy and improve domestic activities for patients, such as dressing, eating, and bathing. The company generates revenue by manufacturing medical devices that restore movement in people with post-stroke paralysis and other neurological disorders. They are also continuing clinical trials using the grant they received from NIH.
Who invested in Reach Neuro
1 investor across 1 round
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Funding rounds
Seed
Dec 17, 2021
Amount
Undisclosed
Investors
Questions about Reach Neuro
Who invested in Reach Neuro?
Reach Neuro has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Reach Neuro raised?
Reach Neuro has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Reach Neuro last raise money?
Reach Neuro's most recent round on record is a Seed, in Dec 2021.
What does Reach Neuro do?
Based in Pennsylvania, US, and co-founded in 2021 by Marc Powell, Marco Caprogrosso, Douglas Weber, and Peter Gerszten, Reach Neuro Inc.
Where is Reach Neuro headquartered?
Reach Neuro is headquartered in Pittsburgh, US.
Which VCs invest in companies like Reach Neuro?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Reach Neuro's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Seed
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