Rhaeos Funding & Investors
Evanston, IL
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.comTotal Amount Raised: $19,640,256
Rhaeos Funding Rounds
Grant
$1,500,000
Grant Investors
National Institutes of Health (NIH)Series A
$10,500,000
Series A Investors
Steele Foundation for HopeCreative VenturesLateral FrontiersSeed
$2,200,000
Seed Investors
Social Venture FundLateral FrontiersBand of AngelsPortal InnovationsKyto Technology & Life ScienceCreative VenturesN.XT Northwestern UniversityCedars-Sinai AcceleratorGrant
$4,000,000
Grant Investors
National Institute of Neurological Disorders and Stroke (NINDS)Grant
$1,190,256
Grant Investors
National Science Foundation (NSF)Grant
$250,000
Grant Investors
National Science Foundation (NSF)