Tech Company Financing Transactions
Neuronetics Funding Round
Neuronetics closed a $34 million Series F funding round on 4/27/2015. Backers included GE Ventures and private investors.
Transaction Overview
Company Name
Announced On
4/27/2015
Transaction Type
Venture Equity
Amount
$34,000,000
Round
Series F
Investors
GE Ventures (Leslie Botorff)
Proceeds Purpose
Neuronetics plans to use the proceeds from this latest financing round to broaden treatment accessibility for existing patient populations in need of a non-drug therapy option. The investment will accelerate the expansion of the company's commercial resources in light of the rapidly expanding insurance coverage for patients. It will also be used to fund a new registration study that will investigate the use of NeuroStar TMS Therapy® for the treatment of MDD among adolescents between the ages of 12 and 21 years.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
3222 Phoenixville Pike
Malvern, PA 19355
USA
Malvern, PA 19355
USA
Phone
Website
Email Address
Overview
Neuronetics is focused on successfully developing and commercializing noninvasive therapies to treat significant, chronic psychiatric and neurological disorders. We are committed to working collaboratively with the clinical community to improve care, at reasonable cost, for the many patients suffering from these disorders.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Keith Sullivan
Chief Financial Officer
Peter Donato
Chief Financial Officer
Steve Furlong
VP - Bus. Development
Daniel Guthrie
VP - Bus. Development
Anthony Pui
VP - General Counsel
Andrew Macan
VP - Product Management
Greg Harper
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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