About Neuros Medical
Neuros Medical is a company based in Cleveland (United States) founded in 2008 by Jon Snyder.. Neuros Medical has raised $145.2 million across 15 funding rounds from investors including Boston Scientific, EQT and Case Western Reserve University. The company has 28 employees as of December 31, 2021. Neuros Medical offers products and services including Altius System and Altius Patient Controller. Neuros Medical operates in a competitive market with competitors including Saluda Medical, Nalu Medical, Myoscience, Biowave and Alpha-Stim, among others.
- Headquarter Cleveland, United States
- Employees 28 as on 31 Dec, 2021
- Founders Jon Snyder
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Neuros 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
$145.2 M (USD)
in 15 rounds
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Latest Funding Round
$56 M (USD), Series D
Jul 09, 2025
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Investors
Boston Scientific
& 19 more
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Employee Count
28
as on Dec 31, 2021
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Products & Services of Neuros Medical
Neuros Medical offers a comprehensive portfolio of products and services, including Altius System and Altius Patient Controller. 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.
Implanted electrical stimulation device for managing chronic post-amputation pain.
Handheld controller for on-demand pain relief activation by patients.
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Funding Insights of Neuros Medical
Neuros Medical has successfully raised a total of $145.2M across 15 strategic funding rounds. The most recent funding activity was a Series D round of $56 million completed in July 2025. 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 15
- Last Round Series D — $56.0M
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First Round
First Round
(17 Mar 2009)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series D - Neuros Medical | Valuation | EQT |
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| Sep, 2023 | Amount | Series B - Neuros Medical | Valuation |
investors |
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| Dec, 2022 | Amount | Debt – Conventional - Neuros Medical | Valuation |
investors |
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| 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 Neuros Medical
Neuros Medical has secured backing from 20 investors, including venture fund and institutional investors. Prominent investors backing the company include Boston Scientific, EQT and Case Western Reserve University. 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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PE, VC, and single family office focused on multiple sectors
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Founded Year | Domain | Location | |
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VC firm that focuses on early stage investments in the US
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Founded Year | Domain | Location | |
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A healthcare-focused investment firm supporting innovative company growth.
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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 Neuros 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 - Neuros 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 |
Neuros Medical Comparisons
Competitors of Neuros Medical
Neuros 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, Nalu Medical, Myoscience, Biowave and Alpha-Stim, 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 |
Developer of a neurostimulation system for managing intractable chronic pain
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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 |
Neuromodulation devices are developed for pain therapy management.
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| domain | founded_year | HQ Location |
Non-drug electrotherapy devices for pain and anxiety are developed.
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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 Neuros Medical
Frequently Asked Questions about Neuros Medical
When was Neuros Medical founded?
Neuros Medical was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Neuros Medical located?
Neuros Medical is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Who is the current CEO of Neuros Medical?
David Veino is the current CEO of Neuros Medical.
Is Neuros Medical a funded company?
Neuros Medical is a funded company, having raised a total of $145.2M across 15 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $8.23M, raised on Mar 17, 2009.
How many employees does Neuros Medical have?
As of Dec 31, 2021, the latest employee count at Neuros Medical is 28.
What does Neuros Medical do?
Neuros Medical, a medical device company, is focused on developing neurostimulation therapies. Their device delivers high-frequency stimulation to sensory nerves in the peripheral nervous system to block chronic pain. The system consists of an electrode (also known as a lead) placed around a peripheral nerve and powered by a pacemaker-size generator. The companys platform technology, Nerve Block provides patients with the elimination of chronic pain and spasticity in a variety of applications including neuromaresidual limb pain with potential applications in cancer pain, diabetic neuropathy, cerebral palsy, multiple sclerosis, and stroke. The technology is patented and is awaiting FDA approval. It also offers the Neuros Altius System which consists of an implantable generator with an integrated rechargeable battery, cuff electrode, and external devices for performing neurostimulation procedures.
Who are the top competitors of Neuros Medical?
Neuros Medical's top competitors include Saluda Medical, Nalu Medical and Myoscience.
What products or services does Neuros Medical offer?
Neuros Medical offers Altius System and Altius Patient Controller.
Who are Neuros Medical's investors?
Neuros Medical has 20 investors. Key investors include Boston Scientific, EQT, Case Western Reserve University, M7holdings, and USVP.