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Electromedical Technologies - About the company

Electromedical Technologies is a public company based in Phoenix (United States), founded in 2007 by Matthew Wolfson. It operates as an An electrotherapy device that helps reduce and eliminate chronic or acute pain. Electromedical Technologies has raised $105K in funding. The company has 54 active competitors, including 4 funded and 4 that have exited. Its top competitors include companies like SPR, NeuraLace Medical and Remedee Labs.

Company Details

Electromedical Technologies has developed WellnessPro Plus, an electrotherapy device that helps reduce and eliminate chronic or acute pain. It is indicated for headaches, backaches and osteoarthritis pain. It features DeepPulse ION technology for delivering specific frequencies into problem areas. The company has received FDA clearance for its device.
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Email ID
*****@electromedtech.com
Phone Number
+1 **********, +1 **********
Key Metrics
Founded Year
2007
Location
Phoenix, United States
Stage
Public
Total Funding
$105K in 2 rounds
Latest Funding Round
Ranked
Annual Revenue
$1M - $10M as on Dec 31, 2023
Employee Count
14 as on Oct 31, 2026
Similar Companies
Exit Details
Public

Electromedical Technologies's IPO details

Electromedical Technologies got listed on Aug 16, 2019.
Click here to take a look at Electromedical Technologies's IPO in detail
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Electromedical Technologies's funding and investors

Electromedical Technologies has raised a total funding of $105K over 2 rounds. Its first funding round was on Dec 14, 2018. Its latest funding round was a Post IPO round on Feb 23, 2021 for $*****. 1 investor participated in its latest round. Electromedical Technologies has 1 institutional investor.

Here is the list of recent funding rounds of Electromedical Technologies:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 23, 2021
7831730
Post IPO
8717573
6811990
6076216
8025219
Dec 14, 2018
9487925
Seed
3266690
1727298
6035518
3176837
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Electromedical Technologies' founders and board of directors

Founder? Claim Profile
The founders of Electromedical Technologies is Matthew Wolfson.
Here are the details of Electromedical Technologies' key team members:

Electromedical Technologies' employee count trend

Electromedical Technologies has 14 employees as of Oct 26. Here is Electromedical Technologies's employee count trend over the years:
Employee count trend for Electromedical Technologies
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Electromedical Technologies's Competitors and alternates

Top competitors of Electromedical Technologies include SPR, NeuraLace Medical and Remedee Labs. Here is the list of Top 10 competitors of Electromedical Technologies, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SPR
SPR
2008, Cleveland (United States), Acquired
Developer of non-implant peripheral nerve stimulation systems for pain management
$132M
58/100
2nd
Logo for NeuraLace Medical
NeuraLace Medical
2016, San Diego (United States), Seed
Non-invasive neuromodulation for chronic neuropathic pain relief and improved patient outcomes
$5.85M
42/100
3rd
Logo for Remedee Labs
Remedee Labs
2016, Meylan (France), Series A
Developer of endorphin stimulation therapy for pain management
$27.8M
41/100
4th
Logo for Neurometrix
Neurometrix
1996, Woburn (United States), Acquired
Developer of non-invasive medical devices for pain and neurological disorders
$14.6M
38/100
5th
Logo for iTENS
iTENS
1999, Akron (United States), Unfunded
Wireless pain relief device merging technology with TENS therapy
-
-
38/100
6th
An electrotherapy device that helps reduce and eliminate chronic or acute pain
$105K
36/100
7th
Logo for Sublimed
Sublimed
2015, Moirans (France), Series A
Developer of pain management devices
$4.58M
35/100
8th
Logo for Parasym
Parasym
2015, London (United Kingdom), Unfunded
Provider of neurostimulation device
-
-
35/100
9th
Logo for Hollywog
Hollywog
2009, Chattanooga (United States), Unfunded
Pain relief solutions: TENS units, gel pads, and accessories
-
-
34/100
10th
Logo for Terapio
Terapio
2005, Austin (United States), Series A
Medical devices providing TENS therapy for pain relief and muscle stimulation
$9.9M
34/100
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Electromedical Technologies's Investments and acquisitions

Electromedical Technologies has made no investments or acquisitions yet.

Reports related to Electromedical Technologies

Here is the latest report on Electromedical Technologies's sector:

News related to Electromedical Technologies

lockFilter this list
•
Electromedical Provides Update to ShareholdersNewswire•Aug 08, 2024•Electromedical Technologies
•
Electromedical Technologies expects Q4 revenue to be up 79% Y/YSeeking Alpha•Mar 14, 2023•Electromedical Technologies
•
Electromedical Technologies Introduces the WellnessPro Infinity™PR Newswire•Nov 01, 2022•Electromedical Technologies
•
Electromedical Technologies GAAP EPS of -$0.24, revenue of $0.91MSeeking Alpha•Apr 07, 2022•Electromedical Technologies
•
Electromedical Technologies reports Q3 resultsSeeking Alpha•Nov 18, 2021•Electromedical Technologies
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