Rhaeos

📍 Evanston, United States🗓 Founded 2018👥 25 employees💰 Last funded Jan 2021
Medical Equipment Manufacturing🌐 rhaeos.com
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Rhaeos is a VC backed, clinical stage medical device company developing FlowSense, a platform technology and a noninvasive wireless, wearable skin patch that can assess and monitor fluid flow subdermally throughout the body. The company is initially targeting hydrocephalus, a life threatening condition caused by an abnormal accumulation of cerebrospinal fluid (CSF). Implantable shunts, the gold standard treatment, often fail, leading to multiple trips to the emergency room and repeat surgeries. There is no technology available today that can easily assess CSF flow in shunts wirelessly, bedside, and without capital equipment until now with FlowSense. FlowSense, is a proprietary wireless, wearable, and noninvasive sensor that can be mounted on skin overlying the shunt to detect the presence and magnitude of CSF. Its miniaturized, thin construction is similar in size to a bandage, and it is composed primarily of soft, silicone rubber with no hard edges. Data is wirelessly transmitted to a custom designed mobile app. Rhaeos received FDA breakthrough designation for FlowSense, is NIH and NSF funded (>$7.5M), published clinical data in Science and Nature family journals, and is on track for initial market entry in 2024. To date, the company has brought in >$19M in dilutive and non-dilutive financing. Follow on products for other chronic conditions are currently in development.
3
Total investors
1
Early stage
2
Mid stage
0
Late stage
2018
Founded

Investors

3 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
United States
3
Investor activity2020–2021 · investors recorded per year
2020120212
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Rhaeos?
Rhaeos has 3 investors on record on gritt.io, including 1 early-stage backers, 2 mid-stage.
When did Rhaeos last raise funding?
The most recent investment in Rhaeos recorded on gritt.io was in January 2021.
When was Rhaeos founded?
Rhaeos was founded in 2018.
What industry is Rhaeos in?
Rhaeos operates in Medical Equipment Manufacturing. Find similar Medical Equipment Manufacturing investors on gritt.io.
Where is Rhaeos based?
Rhaeos is headquartered in Evanston, United States.