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Allevion Therapeutics, Inc. logo

Allevion Therapeutics, Inc.

Irvine, CA
LAST FUNDING
$1.5M
Series A

Discover Allevion Therapeutics’ Allevx™ Smart-Band, a wearable device designed to reduce movement-related disorders due to Essential Tremor.

Funding history

RoundAmount
Series A$1.5M
SEC Form D filed
Mar 26, 2024·Jul 14, 2021

About Allevion Therapeutics, Inc.

How much funding has Allevion Therapeutics, Inc. raised?

Allevion Therapeutics, Inc. has raised $1.5M in total funding. The most recent round was Series A.

Where is Allevion Therapeutics, Inc. headquartered?

Allevion Therapeutics, Inc. is headquartered in Irvine, CA.

What does Allevion Therapeutics, Inc. do?

Discover Allevion Therapeutics’ Allevx™ Smart-Band, a wearable device designed to reduce movement-related disorders due to Essential Tremor.

What problem does Allevion Therapeutics, Inc. solve?

Essential tremor causes uncontrollable shaking that impairs daily tasks like eating, writing, and working, and up to half of patients don't respond to prescription medications.

What's Allevion Therapeutics, Inc.'s solution?

Allevion makes Allevx, a smart wrist-worn wearable that delivers non-invasive neuromodulation therapy to the wrist's nerves to reduce hand tremor.

What makes Allevion Therapeutics, Inc. different?

The device is patented, requires no calibration, works on both wrists, needs only 20-minute sessions, and provides real-time tremor assessment and analysis.

What makes Allevion Therapeutics, Inc. notable?

Founded by Shawn Moaddeb, who also founded venture firm Adventus Ventures; the company's wearable neuromodulation device has drawn backing from investors including Adventus Ventures, RMD Partners, and OnFace SDC.

Leadership

Neal Hermanowicz
Executive Officer
Shahram Moaddeb
Executive Officer, Director, Promoter
Pintoo Shah
Executive Officer
Dan Dearen
Director
Shinya Miike
Director
Mahmood Razavi
Director
Roy Tanaka
Director
Jack Wang
Director
Randy Werneth
Director
Industry
Healthcare
HQ
Irvine, CA
Raised
$1.5M
Stage
Series A
❝ Cite this page

Free to use in articles, research, and reference works. Stable URL, will not change. Data on this page last updated September 3, 2026.

MLA
"Allevion Therapeutics, Inc.: Funding & Investors." SoCal.Startups, September 3, 2026, https://socalstartups.io/companies/allevion-therapeutics-inc. Accessed September 28, 2026.
APA
SoCal.Startups. (2026). Allevion Therapeutics, Inc.: Funding & Investors. Retrieved September 28, 2026, from https://socalstartups.io/companies/allevion-therapeutics-inc
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