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NeuraLace Medical - About the company

NeuraLace Medical is a seed company based in San Diego (United States), founded in 2016. It operates as a Non-invasive neuromodulation for chronic neuropathic pain relief and improved patient outcomes. NeuraLace Medical has raised $5.85M in funding from FusionX Ventures. The company has 51 active competitors, including 3 funded and 4 that have exited. Its top competitors include companies like SPR, Electromedical Technologies and Remedee Labs.

Company Details

Non-invasive neuromodulation for chronic neuropathic pain relief and improved patient outcomes. They are focused on revolutionizing chronic pain management through its electroceutical platform, offering a non-invasive alternative to traditional methods. Their Axon Therapy mPNS technology uses magnetic peripheral nerve stimulation to recondition the central nervous system, providing long-term relief from post-trauma and post-surgical neuropathic pain. This innovative approach minimizes dependence on opioids and other medications, improving patients' quality of life. The company's technology is FDA-cleared and supported by clinical trial results, demonstrating significant effects in pain reduction. They are dedicated to freeing the world from chronic neuropathic suffering through advanced neuromodulation technology.
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Phone Number
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Key Metrics
Founded Year
2016
Location
San Diego, United States
Stage
Seed
Total Funding
$5.85M in 2 rounds
Latest Funding Round
Ranked
Employee Count
24 as on Jul 31, 2026
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NeuraLace Medical's funding and investors

NeuraLace Medical has raised a total funding of $5.85M over 2 rounds. Its first funding round was on Mar 15, 2017. Its latest funding round was a Seed round on Jun 19, 2019 for $*****. 4 investors participated in its latest round. NeuraLace Medical has 9 institutional investors.

Here is the list of recent funding rounds of NeuraLace Medical:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 19, 2019
8513444
Seed
9875139
5778171
8333364
5163639
Mar 15, 2017
2903885
Seed
2611195
6110970
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NeuraLace Medical's founders and board of directors

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NeuraLace Medical's employee count trend

NeuraLace Medical has 24 employees as of Jul 26. Here is NeuraLace Medical's employee count trend over the years:
Employee count trend for NeuraLace Medical
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NeuraLace Medical's Competitors and alternates

Top competitors of NeuraLace Medical include SPR, Electromedical Technologies and Remedee Labs. Here is the list of Top 10 competitors of NeuraLace Medical, 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
55/100
2nd
An electrotherapy device that helps reduce and eliminate chronic or acute pain
$105K
48/100
3rd
Logo for Remedee Labs
Remedee Labs
2016, Meylan (France), Series A
Developer of endorphin stimulation therapy for pain management
$27.8M
43/100
4th
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
40/100
5th
Logo for Neurometrix
Neurometrix
1996, Woburn (United States), Acquired
Developer of non-invasive medical devices for pain and neurological disorders
$14.6M
38/100
6th
Logo for iTENS
iTENS
1999, Akron (United States), Unfunded
Wireless pain relief device merging technology with TENS therapy
-
-
38/100
7th
Logo for Hollywog
Hollywog
2009, Chattanooga (United States), Unfunded
Pain relief solutions: TENS units, gel pads, and accessories
-
-
36/100
8th
Logo for Sublimed
Sublimed
2015, Moirans (France), Series A
Developer of pain management devices
$4.58M
33/100
9th
Logo for ReBuilder Medical
ReBuilder Medical
2001, Charles Town (United States), Unfunded
ReBuilder Medical: Drug-free pain relief, nerve health restoration solutions
-
-
32/100
10th
Logo for Enso Relief
Enso Relief
2013, San Francisco (United States), Acquired
Develops a wearable neuromodulation device for relief from pain
$120K
32/100
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NeuraLace Medical's Investments and acquisitions

NeuraLace Medical has made no investments or acquisitions yet.

Reports related to NeuraLace Medical

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News related to NeuraLace Medical

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NeuraLace Medical Closes $3 Million Seed RoundSan Diego Business JournalJun 16, 2019NeuraLace Medical
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