SecondWave Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
18
- Latest Deal Type
-
Series A
- Latest Deal Amount
-
$7M
- Investors
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9
SecondWave General Information
Description
Developer of a clinical-stage medical device designed for treating debilitating or life-threatening diseases. The company's devices use low-intensity focused ultrasound (LiFU) to modulate nerves, cells, and organs deep within the body and provide physicians an alternative to treat illness, enabling patients and their physicians with cost-effective, personalized intervention for chronic conditions to avoid invasiveness.
Contact Information
Website
www.secondwaveus.comCorporate Office
- Minneapolis, MN
- United States
Corporate Office
- Minneapolis, MN
- United States
SecondWave Timeline
SecondWave Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series A) | 22-Oct-2025 | $7M | Completed | Generating Revenue | ||
| 4. Grant | 27-Mar-2024 | Completed | Startup | |||
| 3. Grant | 16-Nov-2023 | Completed | Startup | |||
| 2. Grant | 20-Apr-2021 | $7.4M | Completed | Startup | ||
| 1. Accelerator/Incubator | Completed | Startup |
SecondWave Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A |
SecondWave Comparisons
Industry
Financing
Details
SecondWave Competitors (1)
One of SecondWave’s competitors is ZetrOZ, a Venture Capital-Backed company based in Trumbull, CT.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ZetrOZ | Venture Capital-Backed | Trumbull, CT |
SecondWave Patents
SecondWave Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2026044288-A1 | Determining a location of an obstruction using ultrasound | Pending | 23-Aug-2024 | ||
| US-20260175037-A1 | Implantable neurostimulator device | Pending | 04-Nov-2022 | ||
| WO-2024097917-A1 | Implantable neurostimulator device | Inactive | 04-Nov-2022 | ||
| EP-4178452-A1 | Systems and methods for targeting an organ with ultrasound stimulation for treating inflammation | Pending | 10-Jul-2020 | ||
| EP-4178452-A4 | Systems and methods for targeting an organ with ultrasound stimulation for treating inflammation | Pending | 10-Jul-2020 | A61N7/00 |
SecondWave Signals
SecondWave Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Discovery Capital | Venture Capital | Minority | ||
| Empire State Development | Government | Minority | ||
| Scientific Health Development | Venture Capital | Minority | ||
| Sectoral Asset Management | Venture Capital | Minority | ||
| Treo Ventures | Venture Capital | Minority |
SecondWave Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| secondaries funds | Secondary Buyer | Norwalk, CT |
SecondWave FAQs
-
When was SecondWave founded?
SecondWave was founded in 2019.
-
Where is SecondWave headquartered?
SecondWave is headquartered in Minneapolis, MN.
-
What is the size of SecondWave?
SecondWave has 18 total employees.
-
What industry is SecondWave in?
SecondWave’s primary industry is Therapeutic Devices.
-
Is SecondWave a private or public company?
SecondWave is a Private company.
-
What is the current valuation of SecondWave?
The current valuation of SecondWave is .
-
What is SecondWave’s current revenue?
The current revenue for SecondWave is .
-
How much funding has SecondWave raised over time?
SecondWave has raised $7M.
-
Who are SecondWave’s investors?
Discovery Capital, Empire State Development, Scientific Health Development, Sectoral Asset Management, and Treo Ventures are 5 of 9 investors who have invested in SecondWave.
-
Who are SecondWave’s competitors?
ZetrOZ is a competitor of SecondWave.
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