Theranica
Neuromodulation-based Patch for Migraine Relief
Startup C Health Tech & Life Sciences Est. 2015
Total Raised
$88.1M
C
Last Round
$45M
5 rounds
Investors
10
10 public
Team
5
51-200 employees
Confidence
102/100
News
34
articles
Patents
1
About
Theranica develops advanced, clinically proven, safe and affordable digital therapeutics, addressing some of the world’s most prevalent neurological pain diseases. Theranica is the developer of Nerivio, a fully integrated, self-contained family of therapeutic patches. The patches and other types of wearables in the companys pipeline are controlled by smartphone applications to easily adapt therapy treatments to everyday life. Nerivio Migra is a migraine-relief patch that provides migraine treatment through neuromodulation. Instead of placing electrodes on their head, patients can attach Theranicas clinically tested, wearable patch to their arm and launch a personalized pain-relief program. Theranica combines electrical neurostimulation and neuromuscular stimulation technologies with modern wireless communication and smartphone applications. The company uses these advanced technologies to design and deliver effective products for treating a variety of severe and common medical problems. In May 2019, Theranica won FDA De Novo clearance for its Nerivio Migra device. In June 2019, the company announced the establishment of a wholly owned subsidiary company, Theranica USA, headquartered in Montclair, New Jersey.
Classification
Sector
Health Tech & Life SciencesDigital HealthcareDigital Therapeutics
Core Technology
Semiconductors & ElectronicsWearablesPlatforms & InterfacesMobile
Target Customer
ConsumersDemographics & FamilyWomenTeenagers & Young AdultsHealthcare & Life SciencesHealthcarePatients
Business Model
B2CB2B2C
Tags
mhealthdigital-healthcarewearablenon-invasivemedical-devicesmobile-platformpain-reliefpersonalizationneurologypatientsneuro-stimulationmobile-applicationswellnesswomendigital-therapeuticschronic-patientswomen-health
Funding & Events
Sep 2021
Convertible Debt $1.1M
Infinity Medical
Mar 2019
B Round $35M
Omron Ventures, Corundum Open Innovation, LionBird, Takoa, Lightspeed Venture Partners, aMoon Fund
Jun 2017
A Round $6M
LionBird, Corundum Open Innovation, Lightspeed Venture Partners
Aug 2022
C Round $45M
New Rhein Healthcare Investors (Lead), LionBird, Takoa, aMoon Fund, Corundum Open Innovation, Lightspeed Venture Partners
Aug 2016
Seed $1M
Undisclosed Investor(s), Dr. Shimon Eckhouse
News (34)
Sep 12, 2023 · neuronewsinternational.com
Nerivio announces new study indicating meaningful impact of Nerivio from as early as two weeks
Nov 21, 2022 · techtime.co.il
growth-positive
תרניקה: הוכחנו יעילות מובהקת בטיפול במיגרנות - Techtime - חדשות אלקטרוניקה והייטק
InvestmentCustomers
Aug 29, 2022 · www.prnewswire.com
growth-positive
Theranica Secures $45 Million Series C Funding Round
Investment
Jun 1, 2022 · www.prnewswire.com
growth-positive
Costco Wholesale Corporation Adds Nerivio® to Its Member Prescription Program
CustomersPartners
Oct 25, 2021 · www.jpost.com
growth-positive
https://www.jpost.com/health-and-wellness/mind-and-spirit/us-study-shows-israeli-device-effective-against-chronic-migraines-683010
Customers
Sep 2, 2021 · techtime.co.il
growth-positive
אינפיניטי השקיעה 3.5 מיליון שקל בתרניקה - Techtime - חדשות אלקטרוניקה והייטק
PartnersInvestment
Aug 16, 2021 · www.prnewswire.com
growth-positive
Theranica Announces the Establishment of a Unique Level II HCPCS Code by the Centers for Medicare and Medicaid Services (CMS)
Customers
Jun 21, 2021 · www.prnewswire.com
growth-positive
Peer-Reviewed Study Suggests Nerivio® Effective for Treatment of Acute Menstrual Migraine Headache
Customers
May 27, 2021 · www.israel21c.org
growth-positive
Migraine device wins 2021 MedTech Breakthrough Award
Customers
Mar 2, 2021 · www.prnewswire.com
growth-positive
Nerivio® Drug-free Wearable Surpasses 100,000 Migraine Treatments in the US
CustomersInvestment
Jan 25, 2021 · www.mobihealthnews.com
growth-positive
Theranica's migraine DTx receives FDA clearance for adolescent use
Customers
Sep 17, 2020 · www.prnewswire.com
growth-positive
Largescale Real-World Migraine Study Solidifies Efficacy And Safety of Theranica's Nerivio® Device
Customers
Sep 8, 2020 · www.prnewswire.com
growth-positive
Nerivio® Smartphone-Controlled Wearable for Acute Treatment of Migraine Granted CE Mark for Use in Europe
Customers
Jul 15, 2020 · www.prnewswire.com
growth-positive
Theranica Reports Positive Study Results of Nerivio® for Chronic Migraine Patients
Customers
Jun 1, 2020 · www.prnewswire.com
growth-positive
Theranica Kicks Off Migraine & Headache Awareness Month Rebate Program for Nerivio®, Its FDA-Authorized Migraine Treatment Wearable
Customers
May 18, 2020 · www.prnewswire.com
growth-positive
Theranica Expands Executive Team Amid Growing US Demand for Its FDA-authorized Migraine Treatment Wearable Device
Management ChangesPartnersCustomers
Feb 25, 2020 · www.prnewswire.com
growth-positive
Theranica Expands Accessibility of Nerivio™ to U.S. Migraine Patients Via Partnership With Telemedicine Platform, Cove
PartnersCustomers
Jan 23, 2020 · nocamels.com
growth-positive
Migraine-Zapping Device Developed By Israeli Biomedical Firm Offers Hope For Sufferers
CustomersInvestment
Dec 19, 2019 · nocamels.com
growth-positive
Israeli Firm Theranica, Developer Of Migraine-Zapping Device, Hailed As 2020 'Game-Changer'
Investment
Dec 3, 2019 · www.prnewswire.com
growth-positive
Theranica: Journal of Expert Review of Medical Devices Publishes Profile of Nerivio™
Customers
+ 14 more articles
Details
Product Stage
Released
Employees
51-200
Exact Count
89
District
Center District
Founded
2015
Registrar
515419059
Crunchbase
theranica
Locations
Ha-Omanut St 4, Netanya, Israel
151 Forest St, Montclair, NJ 07042, USA
Links
Website
LinkedIn
Twitter
Facebook
Careers
Admin
Last Update
Sep 21, 2024
Verified by
Yanina Wainscheinker
Claimed
Yes
Missing
markets
Team (5)
Alon Ironi
Co-founder, President & CEO
Founder
Ronen Jashek
Co-Founder, COO
Founder
Slava Barabash
Co-founder, VP R&D
Founder
Eran Porat
CFO
Dagan Harris
VP Clinical and Regulatory Affairs
Internal
Created by
Jenny Sotnik-Talisman (genys30@yahoo.com)
Created
2016-09-21T00:00:00.000Z
Last editor
Yanina Wainscheinker (yanina.wainscheinker@sncentral.org)