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Neurolutions

Van Nuys, US · Delaware corporation · 102 employees on LinkedIn · 4 known investors

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Neurolutions makes IpsiHand, an FDA-cleared brain-computer interface system for at-home motor rehabilitation of chronic stroke survivors with arm and hand weakness. The system pairs a non-invasive EEG headset, a thought-controlled wireless handpiece, and a tablet to guide and track therapy.

BiotechDigital HealthHealthtechMedical Devices

Founders & leadership

ELEric Leuthardt
Eric LeuthardtCo-Founder, Chief Scientific Officer, and Board MemberEric Leuthardt is a physician-innovator and Director of the Center for Innovation in Neuroscience and Technology at Washington University, with extensive experience in medical technology, neurotechnology entrepreneurship, and brain-computer interface development; he holds numerous patents and publications in neuroscience and has founded companies including Neurolutions.
LPLeo Petrossian
Leo PetrossianChief Executive Officer and Board DirectorLeo Petrossian is a MedTech executive who has led multiple neurotechnology and brain-computer interface companies through FDA authorization, CMS reimbursement, and commercialization, with background spanning non-invasive BCI therapy, AI-enabled medical devices, and digital health.

Board

YT
Yuanwei TaiBoard director
KRKevin Reilly
Kevin ReillyBoard MemberManaging Director and Head of MedTech Investments at Ally Bridge Group
FKFred Khosravi
Fred KhosraviExecutive ChairmanChairman & Co-Founder at Tulavi Therapeutics
SV
Stavros VizirgianakisBoard director
AS
Amarpreet SawhneyBoard director

Investors · 4

Excelestar Ventureslisted by Excelestar VenturesAndover

How we know: Excelestar Ventures's portfolio page · Not right? Tell us

Ally Bridge GroupreportedNew York

How we know: funding news · Not right? Tell us

Amed VenturesreportedLewes

How we know: funding news · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$26.5M disclosed across 1 round · 2025

▶$26.5MraisedMar 2025 · 9 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Leo PetrossianExecutive Officer, Director
  • Yuanwei TaiDirector
  • Kevin ReillyDirector
  • Stavros VizirgianakisDirector
  • Amarpreet SawhneyDirector
  • Fred KhosraviDirector
  • Eric LeuthardtDirector
Offering amount
$42.8M
Amount sold
$26.5M
First sale
Feb 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

3 people who came through Neurolutions went on to found or lead other companies.

Eric LeuthardtDirectorFounded Inner Cosmos +2Jeff GambleProduct Engineering ConsultantFounded Rezilient HealthLeo PetrossianExecutive Officer, DirectorFounded Neural Analytics

Related companies · 2

MedscapeMedscape is an online platform providing medical news, clinical information, and continuing education resources to physicians and healthcare professionals globally. The platform offers CME courses, drug and disease information, and patient education across multiple specialties.
OsmosisOsmosis is a US health education platform of short-form medical videos and learning tools, acquired by Elsevier.

Companies working in the same space as Neurolutions.

In the news

About Us - Neurolutionsneurolutions.com · Jan 2025

Frequently asked questions

What does Neurolutions do?
Neurolutions makes IpsiHand, an FDA-cleared brain-computer interface system for at-home motor rehabilitation of chronic stroke survivors with arm and hand weakness. The system pairs a non-invasive EEG headset, a thought-controlled wireless handpiece, and a tablet to guide and track therapy.
Who founded Neurolutions?
Neurolutions was founded by Eric Leuthardt.
Who are Neurolutions's investors?
Neurolutions's investors include BioGenerator Ventures, Excelestar Ventures, Ally Bridge Group, Amed Ventures.
How much funding has Neurolutions raised?
Neurolutions has disclosed $26.5M raised across 1 round.
Where is Neurolutions headquartered?
Neurolutions is headquartered in Van Nuys, US.