Note: Electrocore's revenues are gauged from an analysis of company filings.
Electrocore has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.
December 5, 2017
Complete list of funding rounds and total amounts in the Company Report
Electrocore's Income Statement (based on Industry Averages)
$ Millions (Industry Average)
Electrocore Revenue (Sales)
Cost of Goods Sold
Salaries and wages
Other Operating Expenses
Total Operating Expenses
EBIT (Earnings Before Interest and Taxes)
Trademark applications show the products and services that Electrocore is developing and marketing.
Electrocore's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets.
Trademarks may include brand names, product names, logos and slogans.
GAMMACORE SAPPHIRE Medical devices/apparatus, namely, nerve and/or muscle tissue stimulators; medical devices for treating diseases and disorders, by electrically stimulating or modulating nerve and/or muscle tissue
GAMMACARE Insurance consulting and information services, namely, providing information in the fields of understanding health insurance coverage, copay issues, and reimbursement options, and assisting with copay issues
ACTIVATE RELIEF FROM THE OUTSIDE IN Medical devices/apparatus, namely, nerve and/or muscle tissue stimulators; medical devices for treating diseases and disorders, by electrically stimulating or modulating nerve and/or muscle tissue
Patent applications show Electrocore's intellectual property,
its current capabilities and future direction.
Electrocore has applied for 97 patents since 2009.
Electrocore's most recent patent was filed in June 2017 for Systems And Methods For Vagal Nerve Stimulation.In a device, system and method for electrical stimulation of the vagus nerve to treat or prevent disorders in a patient, the device comprises a handheld device having one or more electrode interfaces for contacting the outer skin surface of a patient, and a power source and a signal generator coupled to the electrode/interfaces for applying one or more electrical impulses to a deep nerve within the patient, such as the vagus nerve. In certain embodiments, the device further comprises a filter situated in series between the signal generator and the electrode/interfaces for filtering out undesired high frequency components of the electrical impulses to create a cleaner, smoother signal. The filter may comprise an electrically conductive medium and/or a low-pass filter between the signal generator and the electrode/interface.
Complete list of patent applications
Determine whether Electrocore grew or shrank during the last recession. This is useful in estimating the
financial strength and credit risk of the company.
Compare how recession-proof Electrocore is relative to the industry overall.
While a new recession may strike a particular industry, measuring the
industry and company's robustness during the last recession estimates its ability to weather future recessions.
Market Share of Competition: Electrocore vs. Largest Competitors
A competitive analysis shows these companies are in the same general field as Electrocore, even though they may not compete head-to-head.
These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies.
Competitive advantage comes from offering better pricing or superior products/service.
These companies are similar in business line and location to Electrocore.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
These companies are in the same general field as Electrocore and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.