How Much Did Savonix Raise?
Funding & Key Investors

Savonix, a pioneer in the digital health landscape, has successfully secured a total capital infusion of $16.6M to accelerate its mission of revolutionizing neuro-cognitive assessment. This financial trajectory, marked by a recent strategic investment of $350K, underscores the company's pivotal role in the evolving healthtech ecosystem. By leveraging these resources, Savonix continues to solidify its market position as a critical infrastructure provider for healthcare stakeholders seeking data-driven insights into brain health and cognitive performance.

What is Savonix?

Savonix
SoftwareHealthcare SoftwareHealthcare Services

Founded in 2014 and headquartered in San Francisco, Savonix Inc. operates at the intersection of neurology and digital health. The company has developed a sophisticated, evidence-based digital neuro-cognitive assessment platform that provides healthcare providers, payers, and researchers with actionable data. By digitizing cognitive testing, Savonix replaces traditional, time-intensive clinical evaluations with a scalable, mobile-first solution. This technological shift is essential for improving treatment outcomes and enabling personalized medicine, positioning the firm as a key player in the global digital therapeutics market. The company's platform is designed to integrate seamlessly into existing clinical workflows, ensuring that cognitive health metrics are as accessible as standard vital signs.

How much funding has Savonix raised?

Savonix has raised a total of $16.6M across 3 funding rounds:

2015

Angel/Seed

$1.5M

2019

Series A

$14.7M

2020

Debt

$350K

Angel/Seed (2015): $1.5M with participation from Kickstart Seed Fund

Series A (2019): $14.7M led by Rethink Impact, Fusion Fund, Wavemaker Partners, DEFTA Partners, and DigiTx Partners

Debt (2020): $350K supported by PPP

Key Investors in Savonix

Rethink Impact

Rethink Impact is a venture capital firm that invests in entrepreneurs and technology platforms focused on creating ecosystems of change, specifically targeting leaders who utilize technology to address significant global challenges in healthcare and mental health.

Wavemaker Partners

Wavemaker Ventures is a leading venture capital firm specializing in early-stage investments in Enterprise, Deep Tech, and Sustainability sectors, with a strong focus on driving positive social impact through innovative startups.

DEFTA Partners

DEFTA Partners is a global venture investment firm focusing on innovative technologies in healthcare and information and communication technology, aiming to enhance patient lives through advanced therapeutics and health ICT.

What's next for Savonix?

With the backing of major institutional investors, Savonix is well-positioned to scale its enterprise-level operations and expand its footprint in the global healthcare market. The current funding context suggests a strategic pivot toward broader clinical adoption and the enhancement of its proprietary data analytics engine. As the demand for remote patient monitoring and digital health interventions continues to rise, Savonix is expected to prioritize the integration of its cognitive assessment tools into large-scale health systems and research initiatives. Future growth will likely focus on deepening its evidence base, securing additional regulatory milestones, and expanding its reach to address the growing global burden of cognitive-related health challenges.

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Frequently Asked Questions Regarding Savonix Financial Insights

What are the most recent funding rounds that Savonix has completed, and what were the funding rounds?
Savonix has recently completed 3 funding rounds: Debt on Apr 12, 2020, Series A on Apr 25, 2019, Angel/Seed on Dec 8, 2015.
What is the total amount of funding Savonix has raised to date?
Savonix has raised a total of $16.6M in funding to date.
How many funding rounds has Savonix completed?
Savonix has completed 3 funding rounds.
How much funding did Savonix raise in its most recent funding round?
Savonix raised $350K in its most recent funding round.
Who are the lead investors in Savonix's latest funding round?
The lead investor in Savonix's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Savonix's history?
The largest funding round in Savonix's history was $14.7M.
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