R
Rhaeos
Innovative noninvasive wearable sensors for real-time monitoring of hydrocephalus patients
About Rhaeos
Rhaeos operates in the medical technology sector, focusing on developing noninvasive wearable sensors designed to monitor hydrocephalus patients in real-time. The company primarily serves healthcare providers, including hospitals and clinics, that treat patients suffering from hydrocephalus, a condition characterized by an accumulation of cerebrospinal fluid within the brain. Rhaeos's core product aims to provide a reliable and efficient method for monitoring shunt function, which is critical for managing hydrocephalus. The company operates on a B2B (business-to-business) model, selling its sensors directly to healthcare institutions. Revenue is generated through the sale of these sensors and potentially through service agreements for ongoing monitoring and data analysis.
Rhaeos's market is primarily in the United States, where approximately 1,000,000 individuals are affected by hydrocephalus. The company is currently in the investigational stage, with products not yet approved by the FDA. However, it has garnered significant attention and accolades, including winning the Gold Award at the MedTech Conference in 2020 and the HealthTECH Startup Competition in 2019.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Evanston, United States
- Employees
- 19
- Open positions
- None listed
- Dealroom signal
- 62.5/100
- Industry
- Health
- Sub-industry
- Medical Devices
- Sector
- Health Tech & Medtech, Spinout, Wearable, DT and LS, science-based
- Technology
- Hardware, Deep Tech, Connected Device
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANTOther financing | Aug 2023 | $0 | — | Undisclosed | ↗ |
| SERIES AOther financing | Feb 2023 | $11M | $42M | Lateral Frontiers · Creative Ventures · Steele Foundation for Hope | ↗ |
Growth signals
Latest recorded traffic for Rhaeos is 1.8K monthly website visits, up 0% over the last three months. Rhaeos's team declined 24% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed10 investors entered at this stage
US National Science Foundation
National Institute of Neurological Disorders and Stroke
NXT Ventures
Portal Innovations
Lateral Frontiers
Creative Ventures
Cedars-Sinai Accelerator- KSKYTO Technology & Life Science
Social Venture Fund
Band of Angels
Series A1 investor entered at this stage
Steele Foundation for Hope
Other known investors9 additional known investors
Northwestern University
University of Illinois Urbana Champaign
gener8tor
Jamie Crouthamel
KidsX
MATTER Health
Nucleate
Small Business Innovation Research
Southwest-Midwest National Pediatric Device Innovation Consortium
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Rhaeos on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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