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Saluda Medical logo — The Evoke® System is now fully FDA approved

Saluda Medical

The Evoke® System is now fully FDA approved

Founded 2011 United States Bloomington, United States 483 employees Venture round Total: $413.00M Health Care, Medical Devices

General Information

Company Name Saluda Medical
Founded Year 2011
Location United States Bloomington, United States
Employees 483
Industries Health Care, Medical Devices
Funding Stage Venture round
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About Saluda Medical

Saluda Medical is a Health Care startup that has gained attention with its innovative neuromodulation therapies. The company's flagship product, the Evoke® System, has received full FDA approval and is poised to transform the treatment of debilitating neurological disorders. The system's unique closed-loop technology, which instantly reads, records, and responds to the nerves' stimulation, has shown superior results compared to open-loop systems. The impressive 12-month and 24-month results from the EVOKE Study have been published in renowned medical journals, setting new standards for long-term pain relief and improved quality of life. Saluda Medical, founded in 2013 and headquartered in United States, has recently secured a significant $150.00M Venture Round investment from leading investors including TPG Capital, Redmile Group, Wellington Management, Action Potential VC, and Fidelity. With commercial availability in the EU and upcoming launch in the U.S., Saluda Medical is positioned for significant growth and impact in the field of neuromodulation. More information about the company and its products can be found at www.saludamedical.com.

Business keywords: Neuromodulation, Neuroscience, Medical Technology, Spinal Cord Stimulation, Chronic Pain, FDA Approval, Closed-Loop Technology, ECAP, Pain Management, Research and Development, Healthcare Innovation, Clinical Trials, Regulatory Approval, Pain Relief

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $150.00M 5
Redmile Group Wellington Management Fidelity
Redmile Group, Wellington Management +3
13 Apr 2023
Venture Round $125.00M 3
Redmile Group T. Rowe Price Fidelity
Redmile Group, T. Rowe Price +1
02 Mar 2022
Venture Round $75.00M 2
Redmile Group Boston Scientific
Redmile Group, Boston Scientific
28 Jun 2019
Debt Financing Undisclosed 1
Medtronic
27 Jun 2019
Series D $53.00M 2
Medtronic, Action Potential Venture Capital
30 May 2017
Series B $10.00M 1
BioScience Managers Limited
20 Feb 2015

Saluda Medical Alternatives & Competitors

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Saluda Medical vs
Nalu Medical, Inc.
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Saluda Medical vs
Spinal Modulation
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FAQ About Saluda Medical

The Evoke® System is now fully FDA approved
Saluda Medical was founded in 2011.
Saluda Medical is headquartered in Bloomington, United States.
Saluda Medical operates in Health Care and Medical Devices. Its work centres on Neuromodulation, Neuroscience, Medical Technology and Spinal Cord Stimulation.
Saluda Medical has approximately 483 employees.
Saluda Medical has completed 6 funding rounds, raising a total of $413.00M. The latest funding stage is Venture round.
Top alternatives and competitors to Saluda Medical include Nalu Medical, Inc., Sana Health, Spinal Modulation, CardiaCare , Curonix. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Saluda Medical and Nalu Medical, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Saluda Medical, https://bouncewatch.com/company/saluda-medical, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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