Rune Labs

Rune Labs

Develops software for neuromodulation applications

About

Rune Labs develops software solutions specifically for neuromodulation applications in the healthcare sector. Their software is designed to work with brain-machine interfaces that aim to treat chronic neurological diseases such as Parkinson's, epilepsy, and Alzheimer's. The software helps restore mobility in paralyzed patients, accelerates recovery from strokes, and may enhance cognitive functions and mood control. Unlike many competitors, Rune Labs focuses on providing specialized software that is essential for the operation of neuromodulation devices, catering to medical researchers, healthcare providers, and patients. The company's goal is to advance the treatment options available for chronic neurological conditions and improve the quality of life for affected individuals.

Company Stage

Seed

Employees

51-200

Industries

Biotechnology, Healthcare

Total Funding

$40.1M

Headquarters

San Francisco, null

Founded

2018


Simplify Jobs

Simplify's Take

What believers are saying

  • Increased adoption of wearable tech boosts real-time data collection for neuromodulation therapies.
  • Growing trend of remote patient monitoring drives demand for Rune Labs' platforms.
  • Rise of precision medicine increases need for complex data analytics, a core offering of Rune Labs.

What critics are saying

  • Competition from companies like Kernel and Neuralink may impact Rune Labs' market share.
  • Rapid AI advancements could outpace Rune Labs' current capabilities, affecting competitiveness.
  • Reliance on partnerships with tech giants like Apple poses risks if partnerships are disrupted.

What makes Rune Labs unique

  • Rune Labs integrates AI to enhance personalized treatment plans for neurological disorders.
  • The company collaborates with Apple for real-time symptom tracking via the Apple Watch.
  • Rune Labs' StriveStudy platform enables efficient real-world evidence generation and patient compliance tracking.

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Growth & Insights
Headcount

6 month growth

7%

1 year growth

-4%

2 year growth

-19%

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