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Nexstim

Biotech & Life Sciences · Helsinki, Finland · Founded 2000 · IPO 2014

Nexstim is a medical device company developing “NBS”–a noninvasive, image-guided TMS for brain diagnostics and therapy. MoreLess

Nexstim Plc is a medical technology company specializing in non-invasive brain stimulation (TMS) technology. The company operates primarily in the healthcare sector, serving neurosurgeons and medical professionals who require precise and reliable brain imaging and stimulation solutions. Nexstim's core product is its FDA-cleared TMS technology, which uses advanced 3D imaging to accurately target the electric field (E field) in the brain, providing drug-free therapy for various neurological conditions. The technology is based on decades of scientific research and is designed to offer unmatched accuracy and precision, making it a valuable tool for neurosurgeons and clinicians.

Nexstim generates revenue through the sale of its TMS systems, as well as through service contracts and system upgrades. The company has a strong presence in Europe, with recent orders from Germany and Sweden, and is expanding its market reach globally. Nexstim's business model focuses on continuous innovation and improvement of its technology to meet the evolving needs of the medical community.

The company also engages in research and development to explore new applications for its TMS technology, including risk stratification for patients with functionally eloquent tumors. Nexstim's management team, led by CEO Mikko Karvinen and CFO Joonas Juokslahti, is committed to driving growth and enhancing shareholder value through strategic initiatives and operational excellence.

Keywords: TMS technology, 3D imaging, brain therapy, neurosurgeons, FDA-cleared, non-invasive, drug-free, medical technology, risk stratification, healthcare.

Valuation $77M
Revenue $14M
EBITDA $2.8M
Total funding $10–50M

Company overview

Nexstim company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2000
Headquarters
Helsinki, Finland
Employees
59
Open positions
None listed
Dealroom signal
78.7
client focusb2btechnologyDeep Techsub industryBioTechnologysub industryMedical DevicessectorTradingbusiness modelManufacturingindustryHealthsectorPublishingsectorBiotechnologysectorRetirementsectorNeurologysectorHealth DiagnosticssectorNordic Rising Star 2022sectorHard Tech

Valuation & funding

Nexstim funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITYOther financing May 2026 $4.2M Brainlab · Eiffel Investment Group
POST IPO CONVERTIBLEOther financing Jun 2024 $825K Undisclosed
POST IPO EQUITYOther financing Jun 2018 $1.1M Capricorn Partners
POST IPO EQUITYOther financing Oct 2017 $1.9M Undisclosed
IPOExit Nov 2014 $17M $50M Undisclosed
EARLY VCEquity / VC May 2011 Capricorn Partners
EARLY VCEquity / VC Jan 2011 Lundbeckfonden · Lundbeckfonden Ventures · EQT Life Sciences
EARLY VCEquity / VC Sep 2007 Tesi · EQT Life Sciences · HealthCap
Showing 8 recorded eventsUnlock the complete deal history →

Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $15M +26.7% $2.8M 18% $1.2M 7.9% $622K
2025 $12M +25.6% $1.9M 15.6% $631K 5.2% $622K
2024 $9.6M +20.5% $502K 5.2% −$982K -10.2% $616K
2023 $8M -23.9% −$579K -7.3% $638K
2022 $10M +48.9% $2.1M 19.6%
2021 $7M +55.5% $1.1M 15.7%
2020 $4.5M −$1.1M -24.2%
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Nexstim website traffic

Latest recorded traffic for Nexstim is 6.3K monthly website visits, up 28.6% over the last three months. Nexstim's team grew 7.3% over the past year.

Latest monthly visits6.3K 3-month web change+28.6% 1-year team growth+7.3%
Monthly website visits132 observations · Jun 2015–Jul 2026
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Hiring

Open positions at Nexstim

Current openings linked to this company in Dealroom.

1 distinct opening shownExplore hiring signals →

Comparisons

Nexstim compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Nexstim's talent

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Team profiled 18 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

10 investors on Nexstim's cap table

Sourced from Dealroom's funding and investor records.

Series A 6 investors entered at this stage
HealthCap
Tesi
EQT Life Sciences
Lundbeckfonden
Lundbeckfonden Ventures
Capricorn Partners
Series B+ 2 investors entered at this stage
Brainlab
Eiffel Investment Group
Other known 2 additional known investors
Negma Group
Quest for Growth

Global footprint

Where Nexstim has talent and traffic

Workforce by country
4 countries with
team presence
🇫🇮 Finland75%
🇺🇸 United States16.7%
🇩🇪 Germany5.6%
🇬🇷 Greece2.8%
4 countries shown

In the news

Latest news about Nexstim

Recent press, funding announcements, and product moves mentioning Nexstim — open to read from the original sources.

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Market sentiment

What the market is saying about Nexstim

An AI-synthesized read of the highest-engagement posts about Nexstim on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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