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SecondWave Systems, Inc.

SecondWave Systems, Inc.

Private
Minneapolis, MinnesotaHealthcare & Life Scienceshttps://www.secondwaveus.com/

Last 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

wearable ultrasoundbioelectronic medicinetherapeutic ultrasoundbio-ultrasonic medicineelectroceuticalsnon-invasive stimulationchronic inflammation treatmentmedical devicerheumatoid arthritis treatmentdrug-free therapyneuromodulationdigital medicinehealth iotclinical-stage biotech

Historical Pricing

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SecondWave Systems, Inc. Comparables

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SecondWave Systems, Inc. comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
SetPoint Medical
76%
Attune Neurosciences
75%
Alphabet Inc.
68%

SecondWave Systems, Inc. Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series A ExtensionOct 22, 2025
Series AApr 8, 2025
GrantMar 27, 2024
GrantApr 20, 2021

Key People

Founding team and executive leadership

Anuj Bhardwaj

CEO

Executive Team

Jeff Heyman

Chief Operating Officer

Executive Team

SecondWave Systems, Inc. Investors

Notable investors and investment history

Market signals

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  • Apr 8, 2025

    $7M round completed.

  • Mar 27, 2024

    $3M grant received from DARPA.

SecondWave Systems, Inc. Filings

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SecondWave Systems, Inc. filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about SecondWave Systems, Inc.'s valuation, stock price, and market status.

Is SecondWave Systems, Inc. a public or private company?

SecondWave Systems, Inc. is a private company.

What is the current stock price of SecondWave Systems, Inc.?

SecondWave Systems, Inc. is a private company with no public stock price. No recent secondary market data is available.

How much is SecondWave Systems, Inc. worth (valuation)?

Valuation information for SecondWave Systems, Inc. is not publicly available.

Can I buy SecondWave Systems, Inc. stock?

SecondWave Systems, Inc. shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was SecondWave Systems, Inc.'s last funding round?

SecondWave Systems, Inc.'s most recent funding round was Series A Extension on October 22, 2025.

Who are the main investors in SecondWave Systems, Inc.?

Key investors in SecondWave Systems, Inc. include Treo Ventures.

Will SecondWave Systems, Inc. IPO soon?

No public IPO plans have been announced for SecondWave Systems, Inc..

How can I track SecondWave Systems, Inc. secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor SecondWave Systems, Inc.'s secondary market activity and sign up for updates.

Firmographic Details

HeadquartersMinneapolis, Minnesota
Employee Range17
Year Founded2019
Last FundingOct 22, 2025

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