NeuroTx

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NeuroTx - overview

Established

2015

Location

Seoul, -, South Korea

Primary Industry

Healthcare IT

About

Based in South Korea, NeuroTx is a digital health company specializing in innovative neurotechnology solutions that enhance cognitive and emotional well-being through advanced neurostimulation devices. NeuroTx, founded in 2015 in Seoul, South Korea, develops neurotechnology solutions aimed at improving mental health. The company has completed 1 funding deal and recently secured venture funding from Kakao Ventures. The founder's history is not publicly available.


NeuroTx focuses on developing innovative neurotechnology solutions aimed at enhancing cognitive and emotional well-being. Their core offerings include advanced neurostimulation devices designed to target specific neurological pathways, facilitating improved mental health and cognitive function. These products cater to a variety of end-use cases, such as alleviating symptoms of anxiety and depression, enhancing focus, and promoting overall brain health. The company targets both healthcare providers and individual consumers, offering its products primarily within established markets in North America and parts of Europe.


By employing advanced technology, NeuroTx aims to empower users through improved mental clarity and emotional stability. NeuroTx generates revenue through a direct-to-consumer model, as well as partnerships with healthcare providers. The revenue structure is primarily based on the sale of its neurostimulation devices, which may be complemented by subscription-based access to accompanying digital platforms that provide ongoing support and monitoring. These subscription services allow customers to receive tailored content and updates, enhancing the overall user experience.


Pricing for their flagship products is positioned competitively within the market to attract both private customers and institutional clients, thereby fostering a diverse client base. The combination of direct sales and subscription revenue creates a multifaceted approach to generating consistent financial performance. NeuroTx plans to enhance its product lineup with new neurostimulation devices expected to launch in the upcoming year. The company aims to expand its reach into additional markets across Asia by the end of 2025.


The recent venture funding from Kakao Ventures will be utilized to support these initiatives, including product development and market entry strategies.


Current Investors

Kakao Ventures

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT

Website

www.neurotx.kr/

Verticals

Artificial Intelligence

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

NeuroTx - financials

Fiscal Year EndedDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue (USD)28,000,000----
% Revenue Growth (YoY)-(100.0%)---
EBITDA (USD)-----
Operating Income (USD)(295,808,000)(602,093,000)---
Operating Margin(1056.5%)----
% EBITDA Margin-----
NET Income (USD)(133,856,000)(70,888,000)---
% Net Margin(478.1%)----
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