Founded Year

2011

Stage

Series G - II | Alive

Total Raised

$502.65M

Last Raised

$100M | 3 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+25 points in the past 30 days

About Saluda Medical

Saluda Medical focuses on neuromodulation therapies within the healthcare sector, specializing in advanced closed-loop technologies for treating neurological disorders. The company's flagship product, the Evoke System, is a spinal cord stimulation device that utilizes ECAP-controlled closed-loop technology to manage chronic intractable pain, including conditions associated with failed back surgery syndrome and various types of leg and back pain. The Evoke System has been subjected to clinical trials. It was founded in 2011 and is based in Minneapolis, Minnesota.

Headquarters Location

9401 James Avenue South Suite 132

Minneapolis, Minnesota, 55431,

United States

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Research containing Saluda Medical

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Saluda Medical in 2 CB Insights research briefs, most recently on Jul 26, 2023.

Expert Collections containing Saluda Medical

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Saluda Medical is included in 1 Expert Collection, including Digital Health.

D

Digital Health

11,305 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

Saluda Medical Patents

Saluda Medical has filed 138 patents.

The 3 most popular patent topics include:

  • neurophysiology
  • neurotechnology
  • implants (medicine)
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/9/2021

11/12/2024

Neurophysiology, Neurotechnology, Neuroscience, Neurological disorders, Implants (medicine)

Grant

Application Date

11/9/2021

Grant Date

11/12/2024

Title

Related Topics

Neurophysiology, Neurotechnology, Neuroscience, Neurological disorders, Implants (medicine)

Status

Grant

Latest Saluda Medical News

Saluda Medical Announces Presentation of New Clinical Data at the 2025 NANS Annual Meeting

Feb 5, 2025

News provided by Share this article Presentations Included First Human Data on EVA™, Saluda's Automated SCS Programming Platform MINNEAPOLIS, Feb. 5, 2025 /PRNewswire/ -- Saluda Medical, Inc., a pioneer in the development and commercialization of a novel neuromodulation platform designed to transform the lives of patients with chronic neurological conditions, today announced the presentation of new clinical data at the 2025 North American Neuromodulation Society (NANS) Annual Meeting, held from January 30 – February 1, 2025, in Orlando, FL. Data from 11 total abstracts and four oral presentations, two of which received the "Top Oral Abstract" award, underscore the significance of objective neurophysiological measurements in spinal cord stimulation (SCS) with evoked compound action potential (ECAP) dose-controlled closed-loop therapy, and the potential clinical benefits of Saluda Medical's recently FDA-approved automated patient programming platform, EVA™. Highlights from EVA™ Automated Programming Abstract: "Novel Automated Platform to Upgrade SCS Programming Experience from Subjective to Objective: Results from a Prospective, Dose-Controlled Closed-loop Clinical Study," by Ajay Anthony, MD: 94% of all programming sessions using the automated programming platform successfully generated a closed-loop program <13-minute median time to generate each patient-specific automated program ≥90% of patients were satisfied or very satisfied with the automated programming platform experience Highlights from "Top Oral Abstracts": "ECAP Study Premiere: Real-World IDE Study Showing Relationship between Physiologic ECAP Biomarkers and Pain Outcomes," by Jason Pope, MD: The ECAP IDE Study builds on the EVOKE IDE Study and represents the largest SCS study executed in a real-world cohort of 220 patients Real-world data demonstrated profound improvement (≥2 MCIDs) across all pain subgroups in the study including pain associated with Failed Back Surgery Syndrome, Non-Surgical Back Pain, Complex Regional Pain Syndrome, Diabetic Peripheral Neuropathy, and Upper Limb Pain "Characterizing Spinal Cord Neurophysiology Using ECAP Dose-Controlled Closed-Loop SCS," by Harold Nijhuis, MD: First SCS study to objectively characterize differences in cervical and thoracic spinal neurophysiology Significantly higher cervical SCS sensitivity may increase the risk of over- and under-stimulation when using open-loop SCS Precise dosing on a pulse-pulse basis using an ECAP dose-controlled closed-loop SCS may be necessary for durable long-term outcomes in the cervical spine "Saluda is driving a pivotal moment in SCS, where advanced neurophysiological data and automation are redefining the standard of care," said Jim Schuermann, President and CEO of Saluda Medical. "We believe the next generation of SCS is here, and it's built on the foundation of objective science, precision, and personalized therapy that will continue to elevate patient care for years to come." "What stands out to me about these results is the newfound clarity in understanding the relationship between ECAP biomarkers and pain outcomes," said Dr. Jason Pope, MD, Founder and CEO of Evolve Restorative Center. "This real-world data from the largest SCS IDE study gives us confidence that tailored therapy with the Evoke System can significantly improve pain relief across multiple patient etiologies we treat in our practices. This kind of personalized, biomarker-driven therapy is leading to other breakthroughs such as predicting responders and non-responders to therapy and automation of programming to achieve the best relief for our patients." The recognition of the Evoke® System at the 2025 NANS Annual Meeting highlights Saluda's commitment to advancing the field of neuromodulation through cutting-edge science and innovation. By combining real-world clinical evidence, objective biomarkers, and automation. Saluda is empowering clinicians to deliver more precise, personalized, and effective therapies for patients with chronic pain. These achievements underscore Saluda Medical's leadership in redefining SCS and its unwavering dedication to improving the lives of millions of patients. About Saluda Medical Saluda Medical is a commercial-stage medical device company focused on developing treatments for chronic neurological conditions using its novel neuromodulation platform. The Company's closed-loop, dose-control platform senses and measures neural responses to stimulation and automatically adjusts therapy based on real-time neurophysiological feedback. The Company's first product, the Evoke® System, is indicated as an aid in the management of chronic intractable pain of the trunk and/or limbs, including unilateral or bilateral pain associated with failed back surgery syndrome, intractable low back pain, and leg pain, and is designed to treat chronic neuropathic pain by providing spinal cord stimulation (SCS) therapy that senses and measures neural activation to optimize therapy and reduce patient and clinician burden. 12-month results from the EVOKE study, the first and only prospective, multi-center, parallel-arm, double-blind, randomized controlled pivotal study with a voluntary crossover arm in SCS, that demonstrated clinically superior pain relief to open-loop therapy, were published in The Lancet Neurology, 24-month results were published in JAMA Neurology, and 36-month data, that demonstrated sustained pain relief, were published in Regional Anesthesia and Pain Medicine. To learn more, including risks and important safety information, visit  www.saludamedical.com/us/safety/ . Saluda and Evoke are registered trademarks owned by Saluda Medical Pty Ltd. Investor Contacts:

Saluda Medical Frequently Asked Questions (FAQ)

  • When was Saluda Medical founded?

    Saluda Medical was founded in 2011.

  • Where is Saluda Medical's headquarters?

    Saluda Medical's headquarters is located at 9401 James Avenue South, Minneapolis.

  • What is Saluda Medical's latest funding round?

    Saluda Medical's latest funding round is Series G - II.

  • How much did Saluda Medical raise?

    Saluda Medical raised a total of $502.65M.

  • Who are the investors of Saluda Medical?

    Investors of Saluda Medical include Redmile Group, Action Potential Venture Capital, Fidelity Investments, T. Rowe Price, Wellington Management and 9 more.

  • Who are Saluda Medical's competitors?

    Competitors of Saluda Medical include Nevro.

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Micron Medical

Micron Medical specializes in minimally invasive medical devices for pain management and neuromodulation. The company offers products like the MiniStim PNS System, which provides non-drug pain therapy through wireless neurostimulation technology. These devices are designed to treat chronic pain in various parts of the body, including the knee, hip, and SI joint, and are used in clinical studies to explore treatment options for conditions like Diabetic Peripheral Neuropathy. Micron Medical was formerly known as StimGuard. It was founded in 2019 and is based in Boca Raton, Florida.

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SPR Therapeutics

SPR Therapeutics specializes in pain management solutions within the medical device industry. The company offers the SPRINT PNS System, a non-permanent, minimally invasive treatment designed to provide long-term relief from chronic and acute pain through peripheral nerve stimulation. It primarily serves the healthcare sector, offering solutions to both physicians and patients dealing with pain management. It was founded in 2010 and is based in Cleveland, Ohio.

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Mainstay Medical focuses on innovative medical device solutions in the healthcare sector. The company offers a restorative neurostimulation therapy called ReActiv8, designed to treat mechanical chronic low back pain by stimulating the muscles that support the lumbar spine. This therapy aims to provide a non-invasive solution to improve stability and reduce pain for patients suffering from persistent back discomfort. It was founded in 2008 and is based in San Diego, California.

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NeuroSigma operates as a bioelectronics company that focuses on developing medical devices for neurological and neuropsychiatric disorders. Its main product, the Monarch eTNS System, is a non-invasive device designed to treat pediatric Attention Deficit Hyperactivity Disorder (ADHD) through external trigeminal nerve stimulation. It is primarily used in the home setting under caregiver supervision during sleep. It was founded in 2008 and is based in Los Angeles, California.

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