Synchron, Inc.

Brooklyn, New York

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

Synchron, Inc. is a medical device technology company founded in 2016 by Thomas Oxley, with its headquarters located in New York, New York. The company focuses on developing endovascular brain-computer interface solutions for patients with motor impairments. It acquired SmartStent, an earlier venture by Oxley, and obtained an equity stake in Acquandas to support component manufacturing for its devices. Business/Product Breakdown Synchron, Inc. offers the Stentrode brain-computer interface system, an implantable device deployed through blood vessels in a minimally invasive endovascular procedure to capture and translate brain signals into digital commands without requiring open-brain surgery. The platform includes electrode arrays on a stent-like structure for neural signal detection, integration with external processors for real-time interpretation, and compatibility with devices such as Apple products via Bluetooth protocols for hands-free control of iPads, iPhones, and Vision Pro using Switch Control. Additional features encompass cognitive AI for decoding thought patterns, on-device neural processing enhancements, and support for applications in assistive technology, enabling users with conditions like paralysis to perform tasks such as navigation, app usage, and communication through thought alone.

Keywords

Keywords

Classified

Private

News

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