When was Brainsway founded?

Brainsway was founded in 2003 and raised its 1st funding round 11 years after it was founded.

Where is Brainsway located?

Brainsway is headquartered in Jerusalem, Israel.

How many employees does Brainsway have?

As of Aug 31, 2026, the latest employee count at Brainsway is 145.

Is Brainsway a funded company?

Brainsway is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Mar 11, 2014.

When was the latest funding round of Brainsway?

Brainsway's latest funding was a $***** Post IPO round on Sep 29, 2024, with participation from 1 investor.

What is the annual revenue of Brainsway?

Annual revenue of Brainsway is less than £1M as on Mar 31, 2023

Where does Brainsway rank among its competitors?

Brainsway ranks 6th amongst 17 active competitors, of which 6 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Magnus, which secured $11.6M in Aug, 2025.

Who are the top competitors of Brainsway?

Brainsway's top competitors include Flow Neuroscience, NeuroStar and Neuronetics. Among them, Magnus secured the most recent funding round in August, 2025.

Brainsway - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Develoepr of noninvasive neurostimulation treatments for mental health disorders. The company uses proprietary technology is Deep TMS, or Deep Transcranial Magnetic Stimulation, which launches a new era in brain disorder treatment. It is used to treat depressive episodes in patients suffering from Major Depressive Disorder.

Website: brainsway.com
Social
Email ID: *****@brainsway.com

Key Metrics

Founded Year

2003

Location

Jerusalem, Israel

Stage

Public

Latest Funding Round

Post IPO, Sep 29, 2024, $*****

Investors

Shavit Capital & 5 more

Ranked

6^th among 17 active competitors

Annual Revenue

£0 - £1M as on Mar 31, 2023

Employee Count

145 as on Aug 31, 2026

Investment & Acquisitions

Neurolief & 4 more

Similar Companies

Flow Neuroscience & 15 more

Exit Details

Public

View Brainsway's full profile

Brainsway is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Brainsway Ltd CIN: 0513890764 , Israel, Active	Jul 11, 2006	$10M - $50M (As on Dec 31, 2023)	-	-
SWAY SOLUTIONS LIMITED CIN: 9414138 , United Kingdom, Active	Jan 29, 2015	£0 - £1M (As on Mar 31, 2023)	1 (As on Mar 31, 2025)

Brainsway got listed on Feb 25, 2010.

Click here to take a look at Brainsway's IPO in detail

Brainsway has raised funding over 4 rounds. Its first funding round was on Mar 11, 2014. Its latest funding round was a Post IPO round on Sep 29, 2024 for $*****. 1 investor participated in its latest round. Brainsway has 6 institutional investors.

Here is the list of recent funding rounds of Brainsway:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 29, 2024	9388410	Post IPO	2487553	3622345	7519288	2550949
Dec 11, 2017	2643838	Post IPO	8833615	1296121	9942982	Fnx & 2 more
Jan 01, 2016	6934580	Grant (prize money)	8290030	7539709	9815398	Europa

Access funding benchmarks and valuations. Sign up today!

View details of Brainsway's funding rounds and investors

Brainsway's employee count trend

Brainsway has 145 employees as of Aug 26. Here is Brainsway's employee count trend over the years:

Uncover Brainsway's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Brainsway include Flow Neuroscience, NeuroStar and Neuronetics. Here is the list of Top 10 competitors of Brainsway, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Flow Neuroscience 2016, Malmo (Sweden), Series A	Provider of a wearable device for stress and anxiety management	$11.9M	Khosla Ventures, HAX & 6 others	61/100
2nd	NeuroStar 2003, Malvern (United States), Public	Provider of a non-drug non-invasive therapeutic devices for neurorehabilitation	$119M	Ascension Ventures, Quaker Partners Management ... & 14 others	60/100
3rd	Neuronetics 2001, Malvern (United States), Series G	Transforming neurohealth with innovative, non-drug TMS therapy for mental health	$178M	Polaris Partners, Pfizer Venture Investments ... & 16 others	60/100
4th	Magnus Medical 2017, Burlingame (United States), Series B	Provider of non invasive neuromodulation system for depression treatment	$65.3M	Red Tree Venture Capital, JAZZ Venture Partners ... & 1 others	54/100
5th	Magstim 1990, Whitland (United Kingdom), Acquired	Developer of EEG, TMS, and tDCS neurotechnology solutions	$32.1M	Finance Wales, 3i Group & 1 others	51/100
6th	Brainsway 2003, Jerusalem (Israel), Public	Develoepr of noninvasive neurostimulation treatments for mental health disorders	-	Shavit Capital, Europa & 4 others	46/100
7th	Soterix Medical 2008, New York City (United States), Funding Raised	Neuromodulation and brain stimulation technology for neuropsychiatric and neurological disorders	-	NINDS, HHS	41/100
8th	Magnus 2020, Burlingame (United States), Series C	Provider of transcranial magnetic stimulation therapy for major depressive disorder	$49M	HHS, Military Health	39/100
9th	Tonic 1991, Farum (Denmark), Unfunded	Manufacturer of transcranial magnetic stimulation (TMS) systems for research and treatment	-	-	39/100
10th	Neuroprex 2012, Santa Clara (United States), Seed	Developer of a wearable device to modulate tissue for neurological diseases	$50K	EIC Fund, Europa & 1 others	32/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Brainsway's competitors? Click here to see the top ones

Brainsway has not made any acquisitions yet. Brainsway has made 5 investments.

Here is the list of latest three $investments:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 30, 2026	Investments	Neurolief	2012	Herzliya (Israel)
Feb 19, 2026	Investments	Brainstim		Vancouver (Canada)
Aug 21, 2025	Investments	Neurolief	2012	Herzliya (Israel)