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NeuroPace - About the company

NeuroPace is a public company based in Mountain View (United States), founded in 1997. It operates as a Developer of implantable neurostimulation system for epilepsy treatment. NeuroPace has raised $264M in funding from investors like New Enterprise Associates, Technology Partners and InterWest Partners. The company has 19 active competitors, including 4 funded and 4 that have exited. Its top competitors include companies like Cyberonics, Engage Therapeutics and Cadence Neuroscience.

Company Details

Developer of implantable neurostimulation system for epilepsy treatment. The system delivers personalized treatment by responding to abnormal brain activity and provides EEG data to improve patient care. It offers a potential solution for adults with drug-resistant focal epilepsy, aiming to reduce seizures and manage quality of life. The device is intended for patients with localized seizure foci and requires prior diagnostic testing. The company also provides resources and support for patients and healthcare providers.
Key Metrics
Founded Year
1997
Location
Mountain View, United States
Stage
Public
Total Funding
$264M in 6 rounds
Latest Funding Round
Ranked
Annual Revenue
$45.5M as on Dec 31, 2022
Employee Count
184 as on Dec 31, 2024
Similar Companies
Exit Details
Public
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NeuroPace's funding and investors

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NeuroPace has raised a total funding of $264M over 6 rounds. Its first funding round was on 2005. Its latest funding round was a Series E round on Aug 19, 2020 for $69.4M. 4 investors participated in its latest round, lead by Accelmed.

NeuroPace has 15 institutional investors including New Enterprise Associates, Technology Partners and InterWest Partners.

Here is the list of recent funding rounds of NeuroPace:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Aug 19, 2020
$69.4M
Series E
4986043
5009205
Sep 21, 2016
$74M
Series E
4351807
8101595
Jul 01, 2013
$18.1M
Series D
4302079
8176476
-
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NeuroPace's founders and board of directors

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NeuroPace's employee count trend

NeuroPace has 184 employees as of Dec 24. The total employee count is 8.0% more than what it was in Dec 23. Here is NeuroPace's employee count trend over the years:
Employee count trend for NeuroPace
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NeuroPace's Competitors and alternates

Top competitors of NeuroPace include Cyberonics, Engage Therapeutics and Cadence Neuroscience. Here is the list of Top 10 competitors of NeuroPace, ranked by Tracxn score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for NeuroPace
NeuroPace
1997, Mountain View (United States), Public
Developer of implantable neurostimulation system for epilepsy treatment
$264M
61/100
2nd
Logo for Cyberonics
Cyberonics
1987, Houston (United States), Public
Vagus nerve stimulation device for epilepsy and treatment resistant depression
-
-
39/100
3rd
Logo for Engage Therapeutics
Engage Therapeutics
2017, Summit (United States), Acquired
Inhaled drug-device combo as rescue treatment for uncontrolled epileptic seizures
$30.6M
38/100
4th
Logo for Cadence Neuroscience
Cadence Neuroscience
2016, Redmond (United States), Series B
Developer of medical devices for treating neurological disorders
$41M
36/100
5th
Logo for NightWatch
NightWatch
2013, Leiden (Netherlands), Series A
Provider of wearable device for epilepsy seizure detection during sleep
-
25/100
6th
Logo for CerboMed
CerboMed
2005, Erlangen (Germany), Series A
A medical device company which engages in developing neuro therapy solutions.
$2.6M
23/100
7th
Logo for Precisis
Precisis
2002, Heidelberg (Germany), Funding Raised
Portfolio of devices and tools for neurological surgery
-
22/100
8th
Logo for Neurolink
Neurolink
2007, San Antonio (United States), Deadpooled
Drug-device combination for epilepsy
$3.88M
21/100
9th
Logo for OceansBIo
OceansBIo
2021, Changwon (South Korea), Public
Developer of electroceutical devices for epilepsy treatment
-
20/100
10th
Logo for BeaMed
BeaMed
2022, Caesarea (Israel), Unfunded
Developer of light-based surgical tools for tumor and epilepsy treatments
-
-
20/100
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NeuroPace's Investments and acquisitions

NeuroPace has made no investments or acquisitions yet.

Reports related to NeuroPace

Here is the latest report on NeuroPace's sector:

News related to NeuroPace

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Media has covered NeuroPace for a total of 20 events in the last 1 year, 9 of them have been about company updates and 1 about people movement.
NeuroPace Secures Up to $75 Million in Debt Financingaktiencheck.de AGJun 05, 2025NeuroPace, MidCap Financial, CRG
NeuroPace Reports First Quarter 2025 Financial ResultsManilatimesMay 14, 2025NeuroPace
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FAQ's about NeuroPace

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