Smart rTMS

Founded in 2015, Smart rTMS Limited specializes in TMS therapy, aimed at alleviating symptoms of mental health conditions. The company is headquartered in London, UK and has undergone no known business pivots or structural changes. Gerard Barnes serves as both the founder and CEO.Smart TMS specializes in Transcranial Magnetic Stimulation (TMS) therapy, which is a non-invasive treatment designed to alleviate symptoms of various mental health conditions such as depression, anxiety, obsessive-compulsive disorder (OCD), and addiction. The therapy functions by stimulating specific brain pathways to promote neural activity and improve mood and cognitive functions. Smart TMS has tailored its offerings to cater to the needs of individuals seeking effective treatment options, providing sessions that typically last 30 minutes and require no hospitalization. The company's services are accessible across multiple locations in the UK and Ireland, targeting a diverse client base that includes individuals struggling with mental health issues, mental health professionals, and private medical insurers supporting treatment costs.Smart TMS generates revenue primarily through direct-to-consumer transactions for its TMS therapy sessions, which involve flexible pricing structures based on the number of treatments needed, typically ranging from 15 to 30 sessions tailored to individual patient requirements. The company engages with private medical insurers to facilitate coverage for its services, expanding access to patients who may otherwise face financial barriers to treatment. By offering free consultations and utilizing a suitability checker on their website, Smart TMS establishes an initial relationship with potential clients, positioning their TMS therapy as a viable solution for mental health recovery. Specific markets targeted for expansion have not been disclosed.

1. Seed

   Oct 8, 2019

   Amount

   $0.7M

   Investors

   Locked

2. Seed

   Jul 26, 2018

   Amount

   $0.4M

   Investors

   Locked