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Rhaeos Funding & Investors

Rhaeos has developed FlowSense, a noninvasive wearable platform technology initially targeting hydrocephalus, a life threatening neurological condition, that affects over 1M Americans today. This $2B/yr problem is treated with surgically implanted shunts which fail half the time. CT and Xrays are used for diagnosis, but are often inconclusive and expose patients to radiation. There is no easy, inexpensive way to monitor shunts until now. Rhaeos is developing FlowSense, a bandage sized sensor that goes on the skin over shunt to assess flow in the hospital and home. This FDA breakthrough designated class II device is supported by a multidisciplinary team with significant start up experience and multiple regulatory approvals.

rhaeos.com

Total Amount Raised: $19,640,256

Rhaeos Funding Rounds

  • Seed

    $2,200,000

    Seed Investors

    Social Venture Fund
    Lateral Frontiers
    Band of Angels
    Portal Innovations
    Kyto Technology and Life Science
    Creative Ventures
    N.XT Northwestern University
    Cedars-Sinai Accelerator
  • Grant

    $1,500,000

    Grant Investors

    National Institutes of Health (NIH)
  • Series A

    $10,500,000

    Series A Investors

    Steele Foundation for Hope
    Creative Ventures
    Lateral Frontiers
  • Grant

    $4,000,000

    Grant Investors

    NINDS
  • Grant

    $1,190,256

    Grant Investors

    National Science Foundation (NSF)
  • Grant

    $250,000

    Grant Investors

    National Science Foundation (NSF)
Funding info provided by Diffbot.