Sooma
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | 1.2m | 2.0m | 2.1m |
% growth | (33 %) | 100 % | 25 % | 75 % | 37 % | 67 % | 5 % |
EBITDA | - | (<1m) | (<1m) | <1m | <1m | (<1m) | - |
% EBITDA margin | - | (36 %) | (40 %) | 10 % | 7 % | (21 %) | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
€260k | Seed | ||
€990k | Seed | ||
N/A | Convertible | ||
N/A | N/A | Grant | |
N/A | €350k | Angel | |
* | €1.2m | Early VC | |
* | €1.6m | Grant | |
* | $320k Valuation: $5.9m 2.7x EV/LTM Revenues -12.8x EV/LTM EBITDA | Early VC | |
* | €5.0m | Early VC | |
Total Funding | AUD16.5m |
Related Content
Recent News about Sooma
EditSooma Medical is a healthcare startup focused on providing innovative treatments for depression and chronic pain through brain stimulation therapies. The company operates in the medical technology market and serves a diverse range of clients, including hospitals, clinics, and individual patients. Sooma Medical's therapies are currently utilized in over 30 countries, showcasing their global reach and impact.
The company's business model is centered around the development, production, and distribution of its proprietary brain stimulation devices. These devices are designed to offer a non-invasive, safe, and effective treatment option for psychiatric and neurological disorders. By leveraging scientific research and clinical trials, Sooma Medical ensures that its products meet high standards of efficacy and safety.
Sooma Medical generates revenue through the sale of its brain stimulation devices and associated therapies. The company also offers support and training for healthcare professionals to ensure the optimal use of their products. Additionally, Sooma Medical may engage in partnerships and collaborations with other healthcare providers and research institutions to further expand its market presence and enhance its product offerings.
The company is headquartered in Helsinki, Finland, with its main clinic and production facilities located in the city. Sooma Medical's commitment to high-quality care and its focus on improving the lives of patients suffering from depression and chronic pain are central to its mission and values.
Keywords: brain stimulation, depression treatment, chronic pain relief, medical technology, non-invasive therapy, global healthcare, scientific research, psychiatric disorders, neurological disorders, healthcare innovation.