NearWave
PrivateLast Round
Seed
Jul 20, 2023
Total Funding Raised
$1.86M
Momentum Score
25 /100
Company Overview
NearWave is a medical technology company that has developed a handheld, non-invasive imaging device to assess vital biomarkers in deep tissue. The device uses near-infrared laser light to measure tissue oxygen saturation and hemoglobin concentrations, with an initial focus on monitoring breast cancer therapy and aiding in early screening. By analyzing tissue composition, the technology aims to quickly determine the effectiveness of treatments like chemotherapy, potentially within a week, rather than the months it currently takes. This allows physicians to make rapid adjustments to a patient's treatment plan, saving them from the side effects of ineffective therapies. The company was founded in 2020 by Roy Stillwell and Professor Thomas O'Sullivan at the University of Notre Dame.
Sector
Healthcare & Life Sciences
Verticals
Medical Devices, Medical Imaging, Medical AI, Precision Medicine
Business Model
B2B
Customer Profile
Hardware Sales, Hardware + Subscription, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
NearWave Comps
Public and private peers based on sector, stage, and business model.
NearWave Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Jul 20, 2023 | ||||
| Pre Seed | Jun 15, 2022 | ||||
| Grant | May 19, 2022 | ||||
| Accelerator | Mar 10, 2022 | ||||
| Pre Seed | Sep 22, 2021 | ||||
Pre Seed | Dec 8, 2020 |
NearWave Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| ASU eSeed Challenge | Grant |
| Elevate Ventures | Pre Seed |
| CANCER FUND | Seed |
| Texas Medical Center | Seed |
| Y Combinator | Pre Seed, Seed, Accelerator |
| Flywheel Fund | Pre Seed, Seed |
| Tampa Bay Wave | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 19, 2026
Monthly visitors grew 33% MoM, reaching 1.3K.
NearWave Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about NearWave's valuation, stock price, and market status.
