General Information

(Note: We are a bioelectronic device company delivering non-invasive neuromodulation products for treatment of inflammatory conditions. Bioelectronic medicine, also referred to as electroceuticals or neuromodulation, is the treatment of disease and conditions by preferentially activating electrical functions of the body to modify central or peripheral nerve activity.)

Tivic Health Systems, Inc. is a commercial-phase bioelectronic medicine company focused on inflammation. Our first product, ClearUP® Sinus Relief (“ClearUP”), is a patented handheld device that uses ultra-low current electrical waves to relieve symptoms of sinus and nasal inflammation. ClearUP is a US FDA Class II and EU Class IIa medical device that has received three regulatory clearances: (US FDA 510(k) number K182025, US FDA De Novo number DEN200006 and EU CE Mark Certificate number CE 704687). ClearUP consistently gets high ratings from consumers across multiple sales platforms.

McKinsey & Co estimates that bioelectronic medicine “represents a multibillion dollar opportunity even with modest penetration.” Bioelectronic medicine treats disease and conditions by modulating the electrical signals carried along various nerve pathways. The field grew out of the multi-billion-dollar neuromodulation industry and relied, historically, on implantable devices (e.g. pacemakers, spinal implants, deep brain stimulators). We have shown that ClearUP, a non-invasive bioelectronic therapy, can safely and comfortably deliver therapeutic benefits with a favorable safety profile. 

We have brought bioelectronic medicine to the home treatment market for nasal allergies, sinus infections, chronic sinusitis, cold and flu. ClearUP is sold through major on-line retail channels (Amazon.com, Walmart, Walgreens, Best Buy and Tivic Health) with over 500 4- and 5-star reviews.

Note: Tivic Health Systems reported an accumulated deficit of $15.82 million since its inception in September 2016, the prospectus says.

(Note: Tivic Health Systems upsized its IPO at pricing on Nov. 10, 2021, by pricing 3 million shares, up from 2.73 million in the prospectus, at $5.00 – the low end of its $5-to-$6 price range – to raise $15 million.)

Employees: 8
Founded: 2016
Contact Information
Address 750 MENLO AVE. #200 MENLO PARK CA 94025
Phone Number (888) 276-6888
Web Address http://www.tivichealth.com/
Financial Information
Market Cap $27.24mil
Revenues $1.28 mil (last 12 months)
Net Income $-5.89 mil (last 12 months)
IPO Profile
Symbol TIVC
Exchange NASDAQ
Shares (millions): 3.0
Price range $5.00 - $5.00
Est. $ Volume $15.0 mil
Manager / Joint Managers ThinkEquity
CO-Managers -
Expected To Trade: 11/11/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change