ShiraTronics

Medical Devices & EquipmentSeries BMinneapolis, USshiratronics.com

Latest round

Series B

Last raised

Sep 2024

Total raised

$52M

Investors

10

About ShiraTronics

ShiraTronics, Inc. specializes in neuromodulation therapies for chronic migraine sufferers. Founded by Lynn Elliott and Mudit Jain, with Lynn Elliott serving as CEO, the company is headquartered in Minneapolis, US.ShiraTronics specializes in the development and provision of innovative neuromodulation therapies specifically designed for individuals suffering from chronic migraine. Their flagship product is a migraine-specific device that is surgically implanted beneath the skin. This device is engineered to deliver continuous stimulation to targeted nerves associated with migraine, with the aim of relieving, interrupting, and preventing chronic migraine symptoms. The company targets patients who have not achieved satisfactory results from traditional medication treatments, focusing on improving their quality of life by alleviating the debilitating effects of chronic migraines.ShiraTronics' revenue is primarily generated through the sale of its investigational neuromodulation devices, which are utilized in clinical settings for patients experiencing chronic migraines. The transaction structure typically involves partnerships with healthcare providers and clinics, where the devices are offered directly to patients under clinical investigation protocols. These transactions are characterized by a direct-to-consumer approach, allowing patients access to the migraine-specific device following thorough consultations and assessments by medical professionals.In September 2024, ShiraTronics, Inc. The company plans to strategically expand into additional international markets following successful clinical outcomes.

Who invested in ShiraTronics

10 investors across 3 rounds

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Funding rounds

  1. Series B

    Sep 17, 2024

    Amount

    $37M

    Investors

    Locked

  2. Series A

    Mar 27, 2020

    Amount

    $1.2M

    Investors

    Locked

  3. Series A

    Oct 23, 2019

    Amount

    $14M

    Investors

    Locked

Questions about ShiraTronics

Who invested in ShiraTronics?

ShiraTronics has 10 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has ShiraTronics raised?

ShiraTronics has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did ShiraTronics last raise money?

ShiraTronics's most recent round on record is a Series B, in Sep 2024.

What does ShiraTronics do?

ShiraTronics is a medical devices & equipment company.

Where is ShiraTronics headquartered?

ShiraTronics is headquartered in Minneapolis, US.

Which VCs invest in companies like ShiraTronics?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at ShiraTronics's stage. Their profiles are linked below.

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