SecondWave Systems, Inc.
PrivateLast Round
Series A
Extension
Oct 22, 2025
Total Funding Raised
$14M
Company Overview
SecondWave Systems, Inc. is a medical device company developing a first-of-its-kind noninvasive, wearable ultrasound stimulation platform to treat debilitating or life-threatening inflammatory diseases.
Sector
Healthcare & Life Sciences
Verticals
Medical Devices, Biotechnology, Clinical Trials, Health IoT
Business Model
B2B
Customer Profile
Hardware Sales
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
SecondWave Systems, Inc. Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
SecondWave Systems, Inc. Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A Extension | Oct 22, 2025 | ||||
| Series A | Apr 8, 2025 | ||||
| Grant | Mar 27, 2024 | ||||
| Grant | Apr 20, 2021 |
Key People
Founding team and executive leadership
SecondWave Systems, Inc. Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| State Small Business Credit Initiative (SSBCI) | Series A |
| United States Department of Defense | Grant |
| Scientific Health Development | Series A Extension, Series A |
| Discovery Capital Funding | Series A |
| Sectoral | Series A |
| University of Minnesota | Series A Extension |
| Defense Advanced Research Projects Agency | Grant |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 8, 2025
$7M round completed.
- Mar 27, 2024
$3M grant received from DARPA.
SecondWave Systems, Inc. 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 SecondWave Systems, Inc.'s valuation, stock price, and market status.