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SPR Therapeutics Raises $85M in Additional Funding

PRIVATEFeb 02, 2024

Amount Raised

$85 Million

Round Type

Funding Round

ClevelandBiotechnologyHealthcareHealth CareMedicalMedical Device

Investors

SLR Capital PartnersMutual Capital PartnersRC CapitalRevelation Partners

Description

SPR Therapeutics raised $85m in financing, including $25m in Series D-1 insider equity and a $60m debt facility. The equity financing was led by Revelation Partners, SPR’s lead investor of the Series D equity financing, and incumbent investors, RC Capital and Mutual Capital Partners. The debt facility was provided by SLR Capital Partners. The company intends to use the funds to capitalize on commercial momentum, customer demand, and market opportunity to expand its sales representation in additional U.S

Quick answer

SPR Therapeutics raised $85 Million in a Funding Round round, dated February 2, 2024. Investors: SLR Capital Partners, Mutual Capital Partners, RC Capital and Revelation Partners. SPR Therapeutics is based in Cleveland, Ohio, United States.

How much did SPR Therapeutics raise?
SPR Therapeutics raised $85 Million in a Funding Round round on February 2, 2024.
Who invested in SPR Therapeutics?
SLR Capital Partners, Mutual Capital Partners, RC Capital and Revelation Partners are named as investors in this round.
What does SPR Therapeutics do?
SPR Therapeutics is a Cleveland, OH-based private medical device company focused on treating pain and improving the quality of life for patients managing acute or chronic pain.
Where is SPR Therapeutics based and how big is it?
SPR Therapeutics is based in Cleveland, Ohio, United States. Fundz records about 380 employees.
Who are the decision-makers at SPR Therapeutics?
Fundz holds 1 contact at SPR Therapeutics, including the Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare and Medical around the same time

Companies in the same sectors as SPR Therapeutics that raised within 45 days of this round, from Fundz verified event records.

  • Tenon Medical raised $2.6M (Seed) on February 20, 2024.
  • Procyrion raised $58M (Series E) on February 5, 2024.
  • ConKay Medical Systems raised $1.8M (Seed) on March 18, 2024.
  • ConKay Medical Systems raised $1.8M (Seed) on March 18, 2024.
  • Spineart raised $21M (Convertible Note) on March 18, 2024.
  • Sooma Medical raised $5.4M (Funding Round) on March 12, 2024.

Who to call at SPR Therapeutics, and when

A new round usually means SPR Therapeutics is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day SPR Therapeutics raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at SPR Therapeutics, from your own LinkedIn network

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Company Information

Company

SPR Therapeutics

Location

22901 MILLCREEK BOULEVARD

Cleveland, Ohio, United States

About

SPR Therapeutics is a Cleveland, OH-based private medical device company focused on treating pain and improving the quality of life for patients managing acute or chronic pain.

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Related People

1 contact
Verified contactsJosh B., Executive OfficerSee plans and pricing
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SPR Therapeutics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.