About Nalu Medical
Nalu Medical is a company based in Carlsbad (United States) founded in 2014 by Keegan Harper was acquired by Boston Scientific in October 2025.. Nalu Medical has raised $230.97 million across 4 funding rounds from investors including Boston Scientific, MVM Partners and Runway Growth Capital. Nalu Medical offers products and services including Nalu Neurostimulation System, Peripheral Nerve Stimulation, and Spinal Cord Stimulation. Nalu Medical operates in a competitive market with competitors including Saluda Medical, ONWARD, Atlantic Therapeutics, Myoscience and Synchron, among others.
- Headquarter Carlsbad, United States
- Founders Keegan Harper
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Nalu Medical, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$230.97 M (USD)
in 4 rounds
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Latest Funding Round
$115.06 M (USD), Series E
Dec 21, 2023
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Investors
Boston Scientific
& 11 more
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Employee Count
Employee Count
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Acquired by
Boston Scientific
(Oct 17, 2025)
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Products & Services of Nalu Medical
Nalu Medical offers a comprehensive portfolio of products and services, including Nalu Neurostimulation System, Peripheral Nerve Stimulation, and Spinal Cord Stimulation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Uses electrical impulses to manage chronic pain signals effectively.
Targets nerves to reduce intractable pain through implanted technology.
Interrupts pain signals in the spinal cord for long-term relief.
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Funding Insights of Nalu Medical
Nalu Medical has successfully raised a total of $230.97M across 4 strategic funding rounds. The most recent funding activity was a Series E round of $115.06 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series E — $115.1M
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First Round
First Round
(08 Jul 2015)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series E - Nalu Medical | Valuation | Novo Holdings | |
| Oct, 2022 | Amount | Debt – Conventional - Nalu Medical | Valuation |
investors |
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| Feb, 2022 | Amount | Series B - Nalu Medical | Valuation | MVM , Gilde Healthcare |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nalu Medical
Nalu Medical has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Boston Scientific, MVM Partners and Runway Growth Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and venture capital fund focused on the healthcare sector
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Founded Year | Domain | Location | |
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Private equity and venture captial firm focused on healthcare sectors
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Founded Year | Domain | Location | |
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Private equity investments in healthcare companies are managed.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nalu Medical
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nalu Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nalu Medical Comparisons
Competitors of Nalu Medical
Nalu Medical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Saluda Medical, ONWARD, Atlantic Therapeutics, Myoscience and Synchron, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of neuromodulation platform measuring biomarkers for chronic neurological condition treatment
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| domain | founded_year | HQ Location |
Therapeutic devices for spinal cord injuries are developed and delivered.
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| domain | founded_year | HQ Location |
Non-invasive wearable devices for pelvic floor strengthening are developed.
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| domain | founded_year | HQ Location |
Technology-driven dermatological products are developed and commercialized.
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| domain | founded_year | HQ Location |
Implantable bioelectronics are developed for neurological condition treatments.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nalu Medical
Frequently Asked Questions about Nalu Medical
When was Nalu Medical founded?
Nalu Medical was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Nalu Medical located?
Nalu Medical is headquartered in Carlsbad, United States. It is registered at Carlsbad, California, United States.
Is Nalu Medical a funded company?
Nalu Medical is a funded company, having raised a total of $230.97M across 4 funding rounds to date. The company's 1st funding round was a Series B of $104M, raised on Jul 08, 2015.
What does Nalu Medical do?
Developer of a neurostimulation system for managing intractable chronic pain. The company offers Nalu neurostimulation system which is a micro-implantable pulse generator is used for Spinal Cord Stimulation and Peripheral Nerve Stimulation. The device uses gentle electrical impulses to interrupt pain signals.
Who are the top competitors of Nalu Medical?
Nalu Medical's top competitors include Saluda Medical, ONWARD and Synchron.
What products or services does Nalu Medical offer?
Nalu Medical offers Nalu Neurostimulation System, Peripheral Nerve Stimulation, and Spinal Cord Stimulation.
Who are Nalu Medical's investors?
Nalu Medical has 12 investors. Key investors include Boston Scientific, MVM Partners, Runway Growth Capital, Novo Holdings, and Gilde Healthcare.