Neuspera Medical Raises $23 Million in Series D Financing led by Vertex Ventures HC and Treo Ventures
Jul 15, 2024•over 1 year ago
Amount Raised
$23 Million
Round Type
series d
Investors
Olympus Innovation VenturesWindham Venture PartnersAction Potential Venture CapitalTreo VenturesVertex Ventures Hc
Description
Neuspera Medical, Inc., a neuromodulation company, has closed its Series D funding round, raising $23 million. The round was led by Vertex Ventures HC and Treo Ventures, with participation from Action Potential Venture Capital, Windham Venture Partners, Olympus Innovation Ventures, and another strategic investor. The funding will support the expected U.S. Food and Drug Administration (FDA) premarket approval (PMA) of the Neuspera System, designed to provide relief from urinary urge incontinence (UUI), a symptom of overactive bladder (OAB).
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech