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Neofect - About the company

Neofect is a public company based in San Francisco (United States), founded in 2010 by Hoyoung Ban and Scott Kim. It operates as a Neurorehabilitation solutions using technology to inspire hope and improve lives. Neofect has raised $4M in funding from DSC Investment and SBI Investment Korea. The company has 24 active competitors, including 6 funded and 2 that have exited. Its top competitors include companies like HyperIce, KT Tape and Flint Rehab.

Company Details

Neurorehabilitation solutions using technology to inspire hope and improve lives. The company offers clinically proven neurorehabilitation devices designed to maximize arm and hand use through engaging and functional gameplay. They provide a range of rehabilitation solutions, including smart gloves, smart boards, and smart pegboards, utilizing virtual reality and interactive technology. Their products cater to both in-clinic and at-home rehabilitation, offering features like remote evaluation, training session creation, gamified training, and results tracking. They also provide a HIPAA-compliant video conferencing platform for remote rehabilitation. The company focuses on improving motor skills, dexterity, vision, and cognition for individuals recovering from stroke and other neurological conditions. They offer resources, support, and reimbursement guidance for healthcare providers and patients. The business model includes both product sales and subscription-based services, leveraging software and technology to deliver innovative rehabilitation solutions.
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Email ID
*****@neofect.com
Phone Number
+1 **********
Registered Address
1432 MAIN ST STE 6,WALTHAM,MA,02451,0
Key Metrics
Founded Year
2010
Location
San Francisco, United States
Stage
Public
Total Funding
$4M in 2 rounds
Latest Funding Round
Ranked
Employee Count
29 as on Apr 30, 2026
Similar Companies
Exit Details
Public

Neofect's IPO details

Neofect got listed on Nov 15, 2018.
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Neofect's funding and investors

Neofect has raised a total funding of $4M over 2 rounds. Its first funding round was on Mar 2015. Its latest funding round was a Post IPO round on Jul 05, 2019 for $*****. 1 investor participated in its latest round. Neofect has 12 institutional investors.

Here is the list of recent funding rounds of Neofect:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 05, 2019
8006595
Post IPO
3848806
9198371
1627544
6854396
Mar 2015
9110921
Series B
6020326
1765793
5852852
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Neofect's founders and board of directors

Founder? Claim Profile
The founders of Neofect are Hoyoung Ban and Scott Kim.
Here are the details of Neofect's key team members:

Neofect's employee count trend

Neofect has 29 employees as of Apr 26. Here is Neofect's employee count trend over the years:
Employee count trend for Neofect
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Neofect's Competitors and alternates

Top competitors of Neofect include HyperIce, KT Tape and Flint Rehab. Here is the list of Top 10 competitors of Neofect, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for HyperIce
HyperIce
2011, Irvine (United States), Series C
Internet first brand offering smart devices for physical fitness
$52.5M
69/100
2nd
Logo for KT Tape
KT Tape
2009, American Fork (United States), Acquired
Manufacturer of kinesiology tape, health products, and related application accessories
-
56/100
3rd
Logo for Neofect
Neofect
2010, San Francisco (United States), Public
Neurorehabilitation solutions using technology to inspire hope and improve lives
$4M
50/100
4th
Logo for Flint Rehab
Flint Rehab
2011, Irvine (United States), Early Stage
Developer of stroke rehabilitation systems
$8M
40/100
5th
Logo for Neurometry
Neurometry
2021, London (United Kingdom), Seed
Provider of cognitive enhancement gaming applications
$284K
-
35/100
6th
Logo for Zeuron
Zeuron
2019, Bengaluru (India), Seed
AI-based gamified digital therapeutics and wearable products for cognitive enhancement
$108K
34/100
7th
Logo for ROPODS
ROPODS
2017, Bengaluru (India), Unfunded
Provider of IoT development services
-
-
33/100
8th
Logo for Neurofit
Neurofit
2019, Toronto (Canada), Seed
Provider of tools for virtual rehabilitation to patients and healthcare professionals
$20K
31/100
9th
Logo for neuroFit
neuroFit
2016, Mountain View (United States), Seed
Oculometric assessment for neural health monitoring, optimization, and performance enhancement
-
31/100
10th
Logo for Firefly Recover
Firefly Recover
2017, Fullerton (United States), Seed
Developer of a recovery device for delayed onset muscle soreness relief
$1M
-
31/100
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Neofect's Investments and acquisitions

Neofect has made no investments or acquisitions yet.

Reports related to Neofect

Here is the latest report on Neofect's sector:

News related to Neofect

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Neofect Launches Companion App for Stroke RehabilitationMedical Product OutsourcingAug 14, 2020Neofect
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