Companies · Other Health Care

Neuronetics, Inc.

MALVERN · Other Health Care

Diligence memoA one-page analyst read on Neuronetics, Inc. — recommendation, valuation, rhythm, risks.
$118.7M
Total raised · real
6
Rounds
0.4×
Latest step-up
Top 4%
Sector rank · raised
Series B
Latest stage · inferred · Thu Jun 01 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Neuronetics, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the health care sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.74× the median modeled value of Series B Other Health Care companies in 2016–2018 (74 peers) — value vs value, same stage and era.
  • Within the normal band (74% of peer median) for its niche.
Dormant
  • Last raise 9.1 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Health Care

Neuronetics, Inc. is one of 5377 Other Health Care companies tracked from MALVERN. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
22
Investors (latest)
2017-06-01
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BSeries B · 2009-08-20 Raised $30M (real) Modeled valuation $665M (est)$30M$665MSeries B2009Series B · 2011-05-13 Raised $30M (real) Modeled valuation $665M (est)$30M$665MSeries B2011Series B · 2012-12-20 Raised $272K (real) Modeled valuation $6.0M (est)$272K$6.0MSeries B2012Series B · 2014-11-21 Raised $9.1M (real) Modeled valuation $201M (est)$9.1M$201MSeries B2014Series B · 2015-04-24 Raised $34M (real) Modeled valuation $761M (est)$34M$761MSeries B2015Series B · 2017-06-01 Raised $15M (real) Modeled valuation $332M (est)$15M$332MSeries B2017+$30M+$272K+$9.1M+$34M+$15MCumulative $119M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series B$30.0M · 2009
Series B extension$30.0M · 2011
Series B extension$272K · 2012
Series B extension$9.1M · 2014
Series B extension$34.3M · 2015
Series B extension$15.0M · 2017

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$332.3M
Base estimate est.
$35.3M
Conservative case
$1.3B
Upside case
$83.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Series B · modeled $664.6M · 2009-08-202009Series B · modeled $664.6M · 2011-05-13Series B · modeled $6.0M · 2012-12-20Series B · modeled $201.0M · 2014-11-21Series B · modeled $760.9M · 2015-04-24Series B · modeled $332.3M · 2017-06-012017
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
42% low · 78% high
1.36×/yr
Annual markup
1.64×/yr upside case
6.0 yr
Elapsed time used
9.1 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
19 mo
Avg between rounds
$15.3M/yr
Capital velocity
16.9 yr
On record since
2009
First round
6
Rounds on file
How it compares to the market

Benchmarked against 5377 companies in Other Health Care. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 49× above median
This company$118.7M
Sector median$2.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.8× of median
This company$15.0M
Sector median$17.8M
Modeled value — vs sector median (estimate, all stages) 15× above median
This company$332.3M
Sector median$22.1M

Raised more than 97% of sector peers (real $). Modeled value above 91% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #52 of 74.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Podicare Services, Inc. · Series B Raised $40.0M · modeled $886.2M (est)COTA, Inc. · Series B Raised $43.8M · modeled $886.2M (est)Fresenius Medical Care - Meridian Health System, LLC · Series B Raised $39.0M · modeled $863.9M (est)Headspace, Inc. · Series B Raised $115.9M · modeled $860.6M (est)Spine Holdings LLC · Series B Raised $38.4M · modeled $851.6M (est)Chrono Therapeutics Inc. · Series B Raised $51.4M · modeled $833.2M (est)MedCPU, Inc. · Series B Raised $36.6M · modeled $776.2M (est)Capital Funding Bancorp, Inc. · Series B Raised $35.0M · modeled $775.4M (est)Phreesia, Inc. · Series B Raised $83.8M · modeled $753.2M (est)Labconnect Holdings, Inc. · Series B Raised $33.4M · modeled $739.0M (est)Zoonie, LLC · Series B Raised $52.0M · modeled $708.1M (est)Sotera Wireless, Inc. · Series B Raised $98.5M · modeled $705.3M (est)Neuronetics, Inc. (this company) Raised $118.7M · modeled $332.3M (est)Neuronetics, Inc.
CompanyStageRaised · realValue · estvs peer med.
Podicare Services, Inc.Series B$40.0M$886.2M1.98×
COTA, Inc.Series B$43.8M$886.2M1.98×
Fresenius Medical Care - Meridian Health System, LLCSeries B$39.0M$863.9M1.93×
Headspace, Inc.Series B$115.9M$860.6M1.92×
Spine Holdings LLCSeries B$38.4M$851.6M1.90×
Chrono Therapeutics Inc.Series B$51.4M$833.2M1.86×
MedCPU, Inc.Series B$36.6M$776.2M1.73×
Capital Funding Bancorp, Inc.Series B$35.0M$775.4M1.73×
Phreesia, Inc.Series B$83.8M$753.2M1.68×
Labconnect Holdings, Inc.Series B$33.4M$739.0M1.65×
Zoonie, LLCSeries B$52.0M$708.1M1.58×
Sotera Wireless, Inc.Series B$98.5M$705.3M1.58×
Neuronetics, Inc. this companySeries B$118.7M$332.3M0.74×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series B$30.0M2009-08-20$166.7M$664.6M85%
Series B$30.0M2011-05-13$166.7M$664.6M85%
Series B$272K2012-12-20$1.5M$6.0M85%
Series B$9.1M2014-11-21$50.4M$201.0M85%
Series B$34.3M2015-04-24$190.8M$760.9M85%
Series B$15.0M2017-06-01$83.3M$332.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series B$30.0M2009-08-20
    • First recorded raise — entered as Series B.
    • 17 investors on this round.
  2. Series B$30.0M2011-05-13
    • Raised again after 21 mo — slower than the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 22 investors on this round.
  3. Series B$272K2012-12-20
    • Raised 19 mo later, in step with the ~14 mo sector norm.
    • Round 110.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Series B$9.1M2014-11-21
    • Raised again after 23 mo — slower than the ~14 mo sector norm.
    • Round 33.4× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 23 investors on this round.
  5. Series B$34.3M2015-04-24
    • Came back fast: 5 mo vs the ~14 mo sector norm.
    • Round 3.8× larger than the prior — scaling up.
    • 23 investors on this round.
  6. Series B$15.0M2017-06-01
    • Raised again after 25 mo — slower than the ~14 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
    • 22 investors on this round.
Intelligence
2018 ~Q4
Modeled next raise · ~19mo cadence
$15.0M
Modeled next size est.range $15.0M$24.0M
0.4×
Last step-up
$15.3M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
P. Sherrill Neff7 other2014-11
Brian Farley4 other2011-05
DAN SACHS3 other2009-08
Ron Hunt3 other2017-06
Wilfred Jaeger3 other2009-08
Bruce J. Shook2 other2009-08
Gil Kliman2 other2009-08
Leslie Bottorff2 other2009-08
Michael Dale2 other2009-08
P. Sherill Neff2 other2011-05
Christopher Thatcher1 other2017-06
Kevin J. Bitterman1 other2011-05
Liam D. Ratcliffe1 other2014-11
Michael D. Dale1 other2014-11
Sherill P. Neff1 other2009-08
Stephen Campe1 other2017-06
Anthony Pui2017-06
Brian Sherrill Farley2014-11
Cassie Hallberg2017-06
Christopher Sherrill Thatcher2015-04
Greg Harper2017-06
James Breidenstein2009-08
James J. Breidenstein2011-05
Judy J. Ways2011-05
Registry & provenance

Neuronetics, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1227636
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Intact Vascular, Inc.Other Health CareSeries B$86.8M$299.1Mnetwork2 shared operators · same sector · same stage
Vesper Medical, Inc.HealthtechSeries B$22.5M$174.6Mnetwork3 shared operators · same stage
Respicardia, Inc.Other Health CareSeries B$92.4M$443.1Mnetwork1 shared operator · same sector · same stage
Cardionomic, Inc.Other Health CareSeries B$51.7M$76.3Mnetwork1 shared operator · same sector · same stage
Iscience Interventional CorpOther Health CareSeries B$40.3M$61.1Mnetwork1 shared operator · same sector · same stage
Rapid Micro Biosystems, Inc.Other Health CareSeries C$134.6M$1.4Bnetwork1 shared operator · same sector
Sadra Medical, Inc.Other Health CareSeries B$23.0M$88.6Mnetwork1 shared operator · same sector · same stage
LENSAR, Inc.Other Health CareSeries B$119.0M$185.2Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
NeuroPace IncOther Health CareSeries C$1.5B92%
NeuroReserve Inc.Other Health CareSeed$2.4M91%
NeuroVice, Inc.Other Health CarePre-Seed$752K90%
NeuroSave, Inc.Other Health CareSeed$3.7M90%
Neuro Kinetics, Inc.Other Health CareSeed$6.4M90%
NeuroTronik, Inc.Other Health CareSeed$3.0M89%
Neuro-Vascular Research & Design CorpOther Health CarePre-Seed$436K89%
NeuroRescue, Inc.Other Health CarePre-Seed$5.9M89%
Frequently asked
How much funding has Neuronetics, Inc. raised?
Neuronetics, Inc. has raised approximately $118.7M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Neuronetics, Inc.'s estimated valuation?
Provath's modeled valuation for Neuronetics, Inc. is approximately $332.3M (modeled range $35.3M–$1.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Neuronetics, Inc. at?
Neuronetics, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Thu Jun 01.
What does Neuronetics, Inc. do and where is it based?
Neuronetics, Inc. operates in the Other Health Care sector, based in MALVERN.
Explore related

See where Neuronetics, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Neuronetics, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.