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Flow Neuroscience

Stockholm, SE · Founded 2016 · 40 employees on LinkedIn · 8 known investors

Find your way into Flow Neuroscience

196 people in our graph share verified history with the Flow Neuroscience team — schools, employers, funds. One of them is your warm intro.

Nic Lowdenunlockedknows Erik Rehn · together at Flow Neuroscience (overlapped)
×6knows the team · via Chalmers University of Technology
×4knows the team · via Technische Universität Berlin
knows the team · via Stockholm.AI

Flow develops technology-based mental health solutions to address depression symptoms and wellness. The company serves individuals seeking mental health treatment through science-backed approaches.

Also known as Flow

Founders & leadership

Flow Neuroscience was founded in 2016 by Daniel Månsson and Erik Rehn.

DM
Daniel MånssoninCo-founder
ERErik Rehn
Erik RehninCo-founderCo-founder of Flow Neuroscience, which develops technology-based mental health solutions for depression and wellness using science-backed approaches. His interests include neuromodulation, machine learning, psychology, and neuroscience.
ELErin Lee
Erin LeeinCEO

Investors · 8

Also in the syndicate · 4

HAX (SOSV)Kirin Health Innovation Fund (Kirin Holdings / Global Brain)SchoxSwiss Health Ventures (CSS Group)lead

Company profile

researched Aug 2026

Flow Neuroscience develops a home-use depression treatment combining a transcranial direct current stimulation (tDCS) headset with a companion behavioural therapy app. The treatment is indicated for adults 18 and older with a diagnosis of Major Depressive Disorder and can be used either as a standalone therapy or alongside antidepressant medication. Patients order the headset, follow a guided programme of daily therapy and stimulation sessions through the app, and track symptom change using the MADRS-s scale; clinicians have access to a remote monitoring platform showing patient adherence and outcomes, and can adjust stimulation schedules subject to qualification and training.

The company was co-founded by Daniel Månsson, a clinical psychologist, and Erik Rehn, an engineer/neuroscientist, who met in 2012 while working at the Royal Institute of Technology in Stockholm and launched Flow in January 2016. Månsson served as CEO at the time of the 2021 Series A; Erin Lee joined as CEO in 2022, having previously worked at Google, Uber and Babylon. Flow's clinical approach is advised by psychiatrists from Harvard University, King's College London and Stanford University, including Dr Andrew Nierenberg, Prof Allan Young, Dr Corey Keller and Prof Joan A. Camprodon.

The device is a Class IIa CE-marked medical device approved by the British Standards Institution and tested to IEC 60601 electrical safety standards, with certifications in the UK, EU, Switzerland, Norway, Hong Kong, Brazil and Australia. A US-facing site states the treatment (Flow FL-100) is FDA approved as a first-line home-based neuromodulation treatment without requiring prior medication failure, with US availability planned for September 2026.

Founding story

Daniel Månsson, a clinical psychologist, and Erik Rehn, an engineer, met in 2012 while working at the Royal Institute of Technology in Stockholm, combining backgrounds in clinical psychology, computer networks, computational neuroscience and electrical engineering. They launched Flow in January 2016 with the aim of using science and technology to help people manage depression symptoms and mental wellness.

Business model

Flow sells a hardware headset paired with a companion app directly to consumers, backed by a 30-day money-back guarantee, and also distributes through healthcare channels — private practice clinics and NHS services — supported by a clinician-facing remote monitoring platform, complimentary training, clinical support and demo devices.

Sales of the Flow headset and associated app-delivered treatment programme to individual users, and supply to clinics and NHS services that prescribe or provide the device to patients.

Traction

The company reports use across 14 NHS services with independently published results, pilots in five NHS trusts and NHS Practitioner Health, more than 500 private practice clinics using Flow (a clinician page also cites 300+ clinics globally), over 30,000 real-world users and 900,000 completed stimulation sessions, and real-world evidence drawn from more than 40,000 users.

Latest developments

The EMPOWER trial (Woodham et al., Nature Medicine, 2024), a 10-week double-blind, placebo-controlled randomised study of 173 adults with moderate to severe unipolar depression, reported 57.5% MADRS remission in the active group and a primary-endpoint between-group HDRS-17 difference of -2.3 points in favour of active treatment (p=0.012). The company's US site states that Flow FL-100 is FDA approved and will be available in the US in September 2026, and reports a real-world self-reported side-effect incidence of 4.5% across more than 40,000 users.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Described as the developer of Europe and the UK's only medically approved tDCS device combined with a behavioural therapy app for depression, and as the first and only FDA-approved at-home tDCS treatment for depression on its US site. The company positions the product as filling the treatment gap between medication and psychotherapy.

A drug-free, self-managed treatment usable at home without in-clinic attendance, supported by a published randomised controlled trial in Nature Medicine, regulatory clearances in multiple markets, and a clinician remote-monitoring layer that allows treatment to be integrated into existing care pathways.

Technology

Transcranial direct current stimulation delivered by a wearable headset (Flow FL-100), paired with a smartphone app providing guided behavioural therapy sessions and weekly symptom questionnaires, and a clinician platform for remote monitoring of adherence and outcomes and for customising stimulation schedules. Reported side effects are generally mild and transient, including skin dryness, irritation or redness, transient headache, stinging or burning sensations, and skin burns associated with reused or dried-out electrode pads.

Go-to-market

Direct-to-consumer online ordering with 1-3 working day delivery, plus a clinician channel (hcp.flowneuroscience.com) targeting private practices and NHS trusts, supported by clinician guides, training, demo devices and published NHS service evaluations; a separate US site collects clinician and patient sign-ups ahead of a planned 2026 launch.

Adults aged 18 and over diagnosed with moderate to severe Major Depressive Disorder, either buying directly for home use or treated through clinicians; secondary customers are private psychiatry and psychotherapy clinics and NHS services across primary care, perinatal, crisis and community mental health settings.

Geography

Founded in Sweden (described as Malmö-based in 2021 coverage) with expansion across Europe. The device has been available in the UK and EU since 2019 and is certified in the UK, EU, Switzerland, Norway, Hong Kong, Brazil and Australia. NHS deployments are in the UK, including Leicestershire Partnership NHS Trust and Northamptonshire services. US availability is stated for September 2026.

History

Flow was founded in 2016 and its tDCS device became available in the UK and EU in 2019. In February 2021 the company acquired brain-stimulation start-up Halo for an undisclosed amount, and in August 2021 it raised a Series A led by Khosla Ventures with Swiss Health Ventures (CSS Group) and Zühlke Ventures, intended in part to fund clinical trials and FDA approval for US market entry. Erin Lee became CEO in 2022. The EMPOWER randomised controlled trial results were published in Nature Medicine in 2024, and the company's US site states FDA approval with launch planned for September 2026.

Risks & controversies

Reported device risks include skin dryness, irritation or redness after prolonged use, transient headache, stinging, burning or itching at the stimulation site, and skin burns typically associated with reusing or using dried-out electrode pads; the EMPOWER trial recorded increased reports of skin redness, skin irritation and trouble concentrating in the active group. The company states Flow has not been tested as a standalone treatment for anxiety and does not recommend it for anxiety without co-occurring depression, and notes that some users may not respond to treatment. Several headline efficacy figures derive from company real-world data rather than controlled trials.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 202640
NHS services that have used FlowJan 202614 services
NHS trusts running Flow pilotsJan 20265 trusts
Patients in NHS crisis service reporting decrease in depressive symptomsMar 202380%
Private practice clinics offering FlowJan 2026500 clinics
Real-world Flow usersJan 202630,000 users
Real-world users (clinical improvement dataset)Apr 202514,383 users
Real-world users cited in US safety dataJan 202540,000 users
Reduction in reported suicidal ideation in real-world crisis care evaluationJan 2024up to 75% reduction
Self-reported incidence of side effects (real-world evidence)Jan 20254.5%
Stimulation sessions completedJan 2026900,000 sessions
Trial participants in remission at 10 weeks (MADRS)Jan 202457.5%
Users reporting clinical improvement within 3 weeks (MADRS-s, real-world data)Apr 202577%
Users reporting reduced feelings of unease after 3 weeksApr 202566%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 2

by search overlap

Companies competing with Flow Neuroscience for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 6

launches, deals, and filings
Sep 2026
Planned US market availability

Flow Treatment will be available in the US in September 2026, per the company's US website, which is collecting clinician and patient sign-ups.

source ↗

Jan 2026
FDA approval of Flow FL-100 for at-home tDCS treatment of depression

Company US site states Flow Treatment (Flow FL-100) is an FDA-approved first-line home-based neuromodulation treatment for patients 18 and older with moderate to severe Major Depressive Disorder, as monotherapy or adjunct, without requiring prior medication failure.

source ↗

Jan 2024
EMPOWER randomised controlled trial published in Nature Medicine

Woodham et al., Nature Medicine (2024): 10-week double-blind, placebo-controlled randomised superiority trial in 173 adults with moderate to severe unipolar depression; MADRS remission 57.5% (p=0.002, OR 3.26, NNT=4) and primary endpoint HDRS-17 between-group difference of -2.3 points favouring active treatment (p=0.012).

source ↗

Jan 2022
Erin Lee joins as CEO

Erin Lee joined Flow as CEO in 2022, having previously worked at Google, Uber and Babylon. Co-founder Daniel Månsson had served as CEO at the time of the 2021 Series A.

source ↗

Aug 2021
Series A of over €7.9 million / $9 million led by Khosla Ventures

Oversubscribed Series A led by Khosla Ventures, CSS Group through Swiss Health Ventures and Zühlke Ventures, with participation from Kirin Holdings' Kirin Health Innovation Fund (led by Global Brain), SOSV's HAX and patent firm Schox. Proceeds earmarked for more patient-specific treatment, expansion of self-managed solutions to other mental health disorders such as anxiety, and preparing for US market entry through clinical trials and FDA approval.

$9M source ↗

Feb 2021
Flow Neuroscience acquires brain stimulation start-up Halo

Flow Neuroscience acquired fellow brain stimulation start-up Halo for an undisclosed amount.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Flow Neuroscience do?
Swedish medtech company selling a medically approved at-home tDCS brain-stimulation headset and therapy app for depression.
Who founded Flow Neuroscience?
Flow Neuroscience was founded by Daniel Månsson, Erik Rehn in 2016.
Who are Flow Neuroscience's investors?
Flow Neuroscience's investors include Global Brain, JAZZ Venture Partners, Khosla Ventures, naturalX Health Ventures.
Where is Flow Neuroscience headquartered?
Flow Neuroscience is headquartered in Stockholm, SE.