SecondWave Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 18

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $7M

  • Investors
  • 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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Minneapolis, MN
  • United States
Primary Industry
Therapeutic Devices
Other Industries
Other Devices and Supplies
Corporate Office
  • Minneapolis, MN
  • United States

SecondWave Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view SecondWave’s complete valuation and funding history, request access »

SecondWave Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A
To view SecondWave’s complete cap table history, request access »

SecondWave Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a clinical-stage medical device designed for treating debilitating or life-threatening diseases. The compan
Therapeutic Devices
Minneapolis, MN
18 As of 2026

Trumbull, CT
 
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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
You’re viewing 1 of 1 competitors. Get the full list »

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
To view SecondWave’s complete patent history, request access »

SecondWave Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
You’re viewing 5 of 9 investors. Get the full list »

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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