Saluda Medical, Inc. raised $100 million in a funding round led by Redmile Group to advance the commercialization of the Evoke® System.
Amount Raised
$100 Million
Round Type
Funding Round
BloomingtonManufacturingMobileHealth CareInvestors
Description
Saluda Medical, Inc. announced the closing of a $100 million financing led by Redmile Group, with participation from several existing and new investors. The funds will primarily be used to commercialize the Evoke® System, a novel closed-loop, dose-control spinal cord stimulation system for managing chronic pain.
Quick answer
Saluda Medical raised $100 Million in a Funding Round round, dated January 11, 2025. Investors: T. Rowe Price Associates, Action Potential Venture Capital, Redmile Group, T. Rowe Price Associates, Inc., Fidelity Management & Research Company, Tpg Life Sciences Innovation, Wellington Management and Piper Heartland Healthcare Capital. Saluda Medical is based in Bloomington, Minnesota, United States.
- How much did Saluda Medical raise?
- Saluda Medical raised $100 Million in a Funding Round round on January 11, 2025.
- Who invested in Saluda Medical?
- T. Rowe Price Associates, Action Potential Venture Capital, Redmile Group, T. Rowe Price Associates, Inc., Fidelity Management & Research Company, Tpg Life Sciences Innovation, Wellington Management and Piper Heartland Healthcare Capital are named as investors in this round.
- What does Saluda Medical do?
- Saluda Medical is a global company revolutionizing the field of neuromodulation with an emerging portfolio of therapies driven by advanced closed-loop technologies designed to treat debilitating neurological disorders.
- Where is Saluda Medical based and how big is it?
- Saluda Medical is based in Bloomington, Minnesota, United States. Fundz records about 483 employees.
- Who are the decision-makers at Saluda Medical?
- Fundz holds 4 contacts at Saluda Medical, including the CEO and Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mobile and Manufacturing around the same time
Companies in the same sectors as Saluda Medical that raised within 45 days of this round, from Fundz verified event records.
- QDI Systems raised $7.9M (Funding Round) on February 24, 2025.
- Germitec raised $30M (Funding Round) on February 12, 2025.
- Disa Technologies raised $15M on February 11, 2025.
- Wicked Sheets raised $2.1M (Series A) on February 11, 2025.
- Laclarée raised $3.6M (Seed) on February 7, 2025.
- Phlow raised $31M on January 31, 2025.
Who to call at Saluda Medical, and when
A new round usually means Saluda Medical is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Saluda Medical raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Saluda Medical, from your own LinkedIn network
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Related People
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