Parasonic
Parasonic is an Israeli hardware startup developing an ultrasonic comb to kill lice and eggs in one short treatment. As of the interview, it had not yet sold any units, had completed a clinical trial, and planned an over-the-counter launch with a comb priced at tens of dollars and disposable refills at a few dollars each. The company had raised about $2.2 million and was raising another $2 million with a five-person engineering team.
Lice have developed resistance to chemical treatments, so the founders built an ultrasonic comb that kills lice and their eggs in a single few-minute treatment without relying on chemicals.
Similar Companies
Plunge
$10.0M/moPlunge is a hardware company that manufactures and sells at-home cold plunge devices. Founded in 2020 by Ryan Duey and Michael after their brick-and-mortar float therapy and sauna businesses were impacted by COVID, the company grew from $270k in first-year revenue to $120M+ ARR in four years. Their success is driven by influencer gifting, organic word-of-mouth, and highly efficient paid advertising (7-10x ROAS on Facebook and Google).
Hive Blockchain
$2.5M/moHive Blockchain is a digital currency mining company founded by Harry Pochgranti that validates cryptocurrency transactions on blockchain networks, primarily Ethereum. The company went public on the TSX Venture Exchange in September 2017, raising $17 million on day one followed by additional equity raises totaling approximately $200 million Canadian by end of 2017. As of Q1 2018, Hive operates mining facilities in Iceland and Sweden with a $30 million annualized run rate revenue.
Seven Dreamers
$1.5M/moSeven Dreamers, founded in 2011 by PhD chemist Sheen Sakane, sells a high-end automated carbon fiber golf shaft (priced $1,800 to $120,000) and a disposable nasal airway device for snoring and sleep apnea. The company reported about $35 million in consolidated 2016 sales, raised over $75 million, and was launching the Landroid laundry-folding robot. The host estimated combined monthly revenue of about $1.5 million in January 2017.
Collective
$1.0M/moCollective raised $50M in funding to compete with HR and business management platforms like Rippling and ZenBusiness. The company has achieved approximately $1M MRR, indicating strong product-market fit and growth trajectory in the HR/business operations space.
Event SaaS
$500k/moEvent SaaS is a SaaS platform that has achieved significant growth, reaching $6M in annual recurring revenue with 100% year-over-year growth. The company raised $28M in funding at a $128M valuation, demonstrating strong market traction and investor confidence.
AI-extracted from the linked source. Monthly revenue can include one-time sales or donations, and may describe a later stage than the first-customer story.