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Bioness - About the company

Bioness is an acquired company based in Ra anana (Israel), founded in 2004. It operates as a Medical devices for rehabilitation of hand and foot function after neurological illnesses. The company has 92 active competitors, including 19 funded and 11 that have exited. Its top competitors include companies like Precision Neuroscience, Blackrock Neurotech and Nexstim.

Company Details

NESS (Neuromuscular Electrical Stimulation Systems) produces medical devices for patients who wish to recover their hand or foot function after neurological illnesses. Foot drop is commonly caused due to Stroke, Multiple Sclerosis, or other central nervous system disorders. Its products include the L300 Foot Drop System for people living with foot drop (drop foot), the L300 Plus System for foot drop plus thigh weakness, and the H200 Hand Rehabilitation System for hand paralysis therapy from Bioness. Its products have both FDA and CE Mark approval. In June 2007, Bioness acquired NESS at a value of $75M in cash and stock.
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Founded Year
2004
Location
Ra anana, Israel
Stage
Acquired
Ranked
Employee Count
197 as on Apr 30, 2026
Similar Companies
Exit Details
Acquired by Bioness (Jun 17, 2007)

Bioness's acquisition details

Bioness got acquired by Bioness on Jun 17, 2007 at an acquisition amount of $*****.
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Bioness's funding and investors

Bioness is a funded company. Bioness has 3 institutional investors.

Bioness' founders and board of directors

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Bioness' employee count trend

Bioness has 197 employees as of Apr 26. Here is Bioness's employee count trend over the years:
Employee count trend for Bioness
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Bioness's Competitors and alternates

Top competitors of Bioness include Precision Neuroscience, Blackrock Neurotech and Nexstim. Here is the list of Top 10 competitors of Bioness, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Precision Neuroscience
Precision Neuroscience
2021, New York City (United States), Series C
Developed of brain-computer interface tool for medical treatment and drug development
$183M
65/100
2nd
Logo for Blackrock Neurotech
Blackrock Neurotech
2008, Salt Lake City (United States), Acquired
Developer of medical devices for neurological therapies
$22.4M
62/100
3rd
Logo for Nexstim
Nexstim
2000, Helsinki (Finland), Public
Provider of noninvasive brain stimulation for rehabilitating stroke patients
$29.7M
52/100
4th
Logo for g.tec
g.tec
1999, Schiedlberg (Austria), Funding Raised
Provider of high-performance brain-computer interfaces and neurotechnologies for invasive and non-invasive recordings
-
51/100
5th
Logo for Helius Medical
Helius Medical
2014, Newtown Square (United States), Public
Developer of neurological rehabilitation medical devices
$391K
51/100
6th
Logo for Synergia Medical
Synergia Medical
2013, Mont Saint Guibert (Belgium), Series B
Developer of an active implantable neurostimulator and contact-less patient monitoring system
$14.2M
47/100
7th
Logo for BIONIK
BIONIK
2010, Toronto (Canada), Public
Provider of assistive and rehabilitation hardware and software solutions
-
47/100
8th
Logo for Minnetronix Medical
Minnetronix Medical
1996, Saint Paul (United States), Acquired
Manufacturer of multiple devices for neurocritical patients
$20M
46/100
9th
Logo for Vielight
Vielight
1995, Toronto (Canada), Funding Raised
Developer of a PDM device for brain and circulatory stimulation
-
46/100
10th
Logo for Endonovo Therapeutics
Endonovo Therapeutics
2011, Los Angeles (United States), Public
Bioelectronic devices and therapies for regenerative medicine
-
44/100
31st
Logo for Bioness
Bioness
2004, Ra anana (Israel), Acquired
Medical devices for rehabilitation of hand and foot function after neurological illnesses
-
30/100
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Bioness's Investments and acquisitions

Bioness has made no investments or acquisitions yet.

FAQs about Bioness

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