Soovu Overview
- Year Founded
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2014
- Status
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Private
- Employees
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12
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$2.6M
- Investors
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3
Soovu General Information
Description
Developer of a wearable, drug-free pulsed heat technology and coaching system intended to provide fast, effective relief of chronic and musculoskeletal pain. The company's compact wearable thermal neuromodulation device and applications deliver pulses of heat at optimal temperatures for fast and long-lasting relief through a combination of physiological and psychological interventions, enabling healthcare practitioners and individuals to address pain, improve mobility, and support everyday comfort without reliance on medications.
Contact Information
Website
www.soovu.comCorporate Office
- 10115 Greenwood Avenue North
- Suite 121
- Seattle, WA 98133
- United States
Corporate Office
- 10115 Greenwood Avenue North
- Suite 121
- Seattle, WA 98133
- United States
Soovu Timeline
Soovu Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC | 01-Jun-2024 | $2.6M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series A) | 01-Aug-2023 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series A3) | 16-Jul-2021 | Completed | Product In Beta Test | |||
| 4. Early Stage VC (Series A1) | 05-Jul-2018 | Completed | Startup | |||
| 3. Angel (individual) | 23-Feb-2018 | Completed | Startup | |||
| 2. Accelerator/Incubator | 01-Dec-2016 | $1.5M | $1.5M | Completed | Startup | |
| 1. Grant | 01-Jan-2014 | $1.5M | Completed | Startup |
Soovu Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A3 | ||||||||
| Series A2 | ||||||||
| Series A1 | 2,019,629 | $0.000100 | 8% | $1.6 | $1.6 | 1x | $1.6 | 23.39% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Soovu Comparisons
Industry
Financing
Details
Soovu Competitors (5)
One of Soovu’s 5 competitors is Therabody, a Private Equity-Backed company based in Los Angeles, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Therabody | Private Equity-Backed | Los Angeles, CA | ||||
| Avacen Medical | Formerly Accelerator/Incubator backed | Carlsbad, CA | ||||
| Hinge | Formerly VC-backed | New York, NY | ||||
| Johnson & Johnson | Corporation | New Brunswick, NJ | ||||
| Bayer | Corporation | Leverkusen, Germany |
Soovu Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Soovu Patents
Soovu Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4157120-A1 | Systems and methods for thermal fiber stimulation | Inactive | 02-Jun-2020 | ||
| US-20230218432-A1 | Systems and methods for thermal fiber stimulation | Inactive | 02-Jun-2020 | ||
| WO-2021247765-A1 | Systems and methods for thermal fiber stimulation | Inactive | 02-Jun-2020 | ||
| EP-3903402-A1 | Electrical isolation during battery charging of wearable devices | Inactive | 27-Dec-2018 | ||
| EP-3903402-A4 | Electrical isolation during battery charging of wearable devices | Inactive | 27-Dec-2018 | H02J7/731 |
Soovu Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Soovu Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Iaso Ventures | Venture Capital | Minority | ||
| iD Ventures America | Venture Capital | Minority | ||
| National Institutes of Health | Government |
Soovu FAQs
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When was Soovu founded?
Soovu was founded in 2014.
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Where is Soovu headquartered?
Soovu is headquartered in Seattle, WA.
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What is the size of Soovu?
Soovu has 12 total employees.
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What industry is Soovu in?
Soovu’s primary industry is Therapeutic Devices.
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Is Soovu a private or public company?
Soovu is a Private company.
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What is Soovu’s current revenue?
The current revenue for Soovu is .
-
How much funding has Soovu raised over time?
Soovu has raised $16.8M.
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Who are Soovu’s investors?
Iaso Ventures, iD Ventures America, and National Institutes of Health have invested in Soovu.
-
Who are Soovu’s competitors?
Therabody, Avacen Medical, Hinge, Johnson & Johnson, and Bayer are competitors of Soovu.
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