PainDrainer

PainDrainer

PainDrainer AB is a Swedish company.

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DateInvestorsAmountRound
-investor investor

€0.0

round
investor

€0.0

round
N/A

€0.0

round
N/A

€0.0

round
*

€854k

Valuation: €4.3m

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR201920202021202220232024
Revenues000000000000000000000000
% growth-----(38 %)
EBITDA000000000000000000000000
Profit000000000000000000000000
% profit margin----(262 %)(381 %)
EV000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000

Source: Company filings or news article

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More about PainDrainer
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Paindrainer AB, founded at Medicon Village in Lund, offers a comprehensive Remote Therapeutic Monitoring (RTM) platform designed for chronic pain management. The platform combines the Paindrainer Care Portal with an evidence-based app, enabling healthcare providers to monitor patients remotely. This service is particularly beneficial for patients experiencing chronic pain, which persists beyond the typical healing period of three to six months. The business model involves collaborating with healthcare providers who have an established relationship with their patients, allowing them to bill for remote monitoring services. Paindrainer's platform has undergone rigorous clinical studies, including collaborations with the University of California San Diego Health, Newton Wellesley Hospital in Boston, and Weill Cornell Medicine in New York, all of which have reinforced its clinical efficacy. The company operates in the healthcare sector, focusing on improving patient outcomes through technology-driven solutions. Revenue is generated through partnerships with healthcare providers who utilize the platform to enhance patient care. Keywords: chronic pain, RTM, healthcare, monitoring, patient-centric, clinical studies, billing, providers, platform, management.

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