Synchron Stock

synchron.comHealthcare / Medical DevicesFounded: 2016Funding to Date: $118.41MM

Synchron has developed an endovascular brain computer interface that can access every corner of the brain using its natural highways, the blood vessels. Their breakthrough platform launches a new frontier for the treatment of neurological diseases: Neurointerventional Electrophysiology (Neuro EP). This company was founded in 2016 and is headquartered in Brooklyn, NY.

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Private Market Pricing DetailsValuation & Financings

Synchron Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Synchron Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
12/15/2022 Series C-1 $872,072 $xx.xx $400.53MM ARCH Venture Partners, Gates Frontier, Bezos Expeditions, Reliance Digital Health Limited, Greenoaks, Alumni Ventures, Moore Strategic Ventures, Project X, Khosla Ventures, NeuroTechnology Investors, METIS, Forepoint Capital Partners, ID8 Investments, Shanda Group, University of Melbourne
Price per Share
$xx.xx
Shares Outstanding
36,777
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
ARCH Venture Partners, Gates Frontier, Bezos Expeditions, Reliance Digital Health Limited, Greenoaks, Alumni Ventures, Moore Strategic Ventures, Project X, Khosla Ventures, NeuroTechnology Investors, METIS, Forepoint Capital Partners, ID8 Investments, Shanda Group, University of Melbourne
12/15/2022 Series C $74.13MM $xx.xx $400.53MM ARCH Venture Partners, Gates Frontier, Bezos Expeditions, Reliance Digital Health Limited, Greenoaks, Alumni Ventures, Moore Strategic Ventures, Project X, Khosla Ventures, NeuroTechnology Investors, METIS, Forepoint Capital Partners, ID8 Investments, Shanda Group, University of Melbourne
Price per Share
$xx.xx
Shares Outstanding
2,657,210
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
ARCH Venture Partners, Gates Frontier, Bezos Expeditions, Reliance Digital Health Limited, Greenoaks, Alumni Ventures, Moore Strategic Ventures, Project X, Khosla Ventures, NeuroTechnology Investors, METIS, Forepoint Capital Partners, ID8 Investments, Shanda Group, University of Melbourne
06/03/2021 Series B-1 $3.87MM $xx.xx $139.83MM Khosla Ventures, Forepont Capital Partners, ID8 Investments, Shanda Group, General Advance, Subversive Capital, re.Mind Capital, Arani Bose, Thomas Reardon, NeuroTechnology Inestors, METIS, University of Melbourne
Price per Share
$xx.xx
Shares Outstanding
360,658
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Khosla Ventures, Forepont Capital Partners, ID8 Investments, Shanda Group, General Advance, Subversive Capital, re.Mind Capital, Arani Bose, Thomas Reardon, NeuroTechnology Inestors, METIS, University of Melbourne
06/03/2021 Series B $36MM $xx.xx $139.83MM Khosla Ventures, Forepont Capital Partners, ID8 Investments, Shanda Group, General Advance, Subversive Capital, re.Mind Capital, Arani Bose, Thomas Reardon, NeuroTechnology Inestors, METIS, University of Melbourne
Price per Share
$xx.xx
Shares Outstanding
2,849,155
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Khosla Ventures, Forepont Capital Partners, ID8 Investments, Shanda Group, General Advance, Subversive Capital, re.Mind Capital, Arani Bose, Thomas Reardon, NeuroTechnology Inestors, METIS, University of Melbourne
04/04/2017 Series A $3.54MM $xx.xx $14.16MM NeuroTechnology Investors, DARPA
Price per Share
$xx.xx
Shares Outstanding
1,770,224
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
NeuroTechnology Investors, DARPA

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Leadership & Board

Leadership

Thomas Oxley Ph.D
Co-Founder, Chief Executive Officer & Board Member
Nicholas Opie Ph.D
Co-Founder, Chief Technology Officer & Board Member
Amos Meltzer
Chief Legal Officer
Rahul Sharma
Co-Founder & Board Member
J Mocco
Chief Medical Officer
Kurt Haggstrom
Chief Commercial Officer
Connie Rey
Vice President, Clinical Affairs
Gary Castro
Vice President, Finance
Riki Banerjee
Vice President, Research & Development

Board

Alexander Morgan Ph.D
Khosla Ventures
Ari Nowacek Ph.D
ARCH Venture Partners
Martin Dieck
NeuroTechnology Investors
Robert Nelsen
ARCH Venture Partners
Josh Duyan
Artisan Partners

Synchron stock FAQs

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Can you buy Synchron stock?

As Synchron is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Synchron, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Synchron stock?

To invest in a private company like Synchron through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Synchron stock?

Yes, you may sell the Synchron stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Synchron stock?

If you hold private company shares of Synchron – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Synchron on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Synchron a public company?

No, Synchron is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Synchron’s stock price?

Synchron is a privately held company and therefore does not have a public stock price. However, you may access Synchron private market stock price with Forge Data.
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What is Synchron’s stock ticker symbol?

Synchron does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Synchron’s news and media highlights

Brain-computer interface (BCI) developer Synchron today said there were no serious adverse events in its 12-month Command study, which also showed reliable performance of the Stentrode implant. Synchron won FDA breakthrough device designation for the endovascular brain implant in 2020. The Command study is the first investigational device exemption (IDE) trial of a permanently implanted BCI, evaluating safety and efficacy in six patients with severe paralysis.
A 64-year-old named Mark has spent the last year learning how to control devices like his laptop and phone using a brain implant. And thanks to OpenAI, it’s gotten a whole lot easier to do. The neurotech startup Synchron said Thursday it’s using OpenAI’s latest artificial intelligence models to build a new generative chat feature for patients with its brain-computer interface, or BCI. Synchron’s model is designed to help people with paralysis communicate and maintain some independence by controlling smartphones, computers and other devices with their thoughts.
Synchron, the brain-computer interface (BCI) company developing endovascular technology to restore functionality in patients with motor impairment, today announced the launch of a community-centered BCI registry to bring patients, carers and clinicians together to learn how BCI is being designed to provide benefit to people with limited mobility. Synchron’s BCI technology is designed to decipher the neural code of the brain and find new ways to restore motor intent to control digital devices.
Synchron, an endovascular brain-computer interface (BCI) firm, has begun patient enrolment for its COMMAND study. The study will assess the safety and efficacy of the Synchron Switch, a BCI device that helps people with limited mobility operate technology using their thoughts. The device is implanted using a minimally-invasive procedure and the study will evaluate its impact on daily tasks such as texting, emailing, and online shopping.
Updated on: Oct 27, 2024

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