About Relievant Medsystems
Relievant Medsystems is a company based in Redwood City (United States) founded in 2004 was acquired by Boston Scientific in September 2023.. Relievant Medsystems has raised $273.05 million across 10 funding rounds from investors including Boston Scientific, Canaan and Ally Bridge Group. Relievant Medsystems offers products and services including Intracept Procedure and Clinical Trials Services. Relievant Medsystems operates in a competitive market with competitors including Nevro, ATEC Spine, Vertos Medical, Paradigm Spine and Si-Bone, among others.
- Headquarter Redwood City, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Relievant Medsystems, 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
$273.05 M (USD)
in 10 rounds
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Latest Funding Round
$50 M (USD), Series G
Mar 20, 2023
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Investors
Boston Scientific
& 12 more
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Employee Count
Employee Count
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Acquired by
Boston Scientific
(Sep 19, 2023)
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Products & Services of Relievant Medsystems
Relievant Medsystems offers a comprehensive portfolio of products and services, including Intracept Procedure and Clinical Trials Services. 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.
Minimally invasive treatment for vertebrogenic low back pain relief.
Provides evidence-based analysis for pain management solutions.
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Funding Insights of Relievant Medsystems
Relievant Medsystems has successfully raised a total of $273.05M across 10 strategic funding rounds. The most recent funding activity was a Series G round of $50 million completed in March 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 10
- Last Round Series G — $50.0M
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First Round
First Round
(20 Jul 2006)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series G - Relievant Medsystems | Valuation | Ally Bridge Group | |
| Oct, 2020 | Amount | Series F - Relievant Medsystems | Valuation | Vensana Capital , Lightstone Ventures | |
| Jun, 2018 | Amount | Series E - Relievant Medsystems | Valuation | Endeavour Vision |
| 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 Relievant Medsystems
Relievant Medsystems has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Boston Scientific, Canaan and Ally Bridge Group. 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 hedge fund investments in healthcare are managed.
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Founded Year | Domain | Location | |
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Endeavour Vision is focused on transformative healthcare technology investments.
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Founded Year | Domain | Location | |
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Investments in medical technology are made by Vensana Capital.
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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 Relievant Medsystems
| 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 - Relievant Medsystems
| 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 |
Relievant Medsystems Comparisons
Competitors of Relievant Medsystems
Relievant Medsystems 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 Nevro, ATEC Spine, Vertos Medical, Paradigm Spine and Si-Bone, 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 |
Provider of high-frequency spinal cord stimulation implants
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| domain | founded_year | HQ Location |
Treatment solutions for spine disorders are developed.
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| domain | founded_year | HQ Location |
Minimally invasive treatments for lumbar spinal stenosis are developed.
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| domain | founded_year | HQ Location |
Stabilization devices for healthcare are manufactured by the company.
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| domain | founded_year | HQ Location |
Minimally invasive titanium implants for sacroiliac joint disorders 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 Relievant Medsystems
Frequently Asked Questions about Relievant Medsystems
When was Relievant Medsystems founded?
Relievant Medsystems was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Where is Relievant Medsystems located?
Relievant Medsystems is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Is Relievant Medsystems a funded company?
Relievant Medsystems is a funded company, having raised a total of $273.05M across 10 funding rounds to date. The company's 1st funding round was a Series E of $58M, raised on Jul 20, 2006.
What does Relievant Medsystems do?
Relievant Medsystems was founded in 2004 and is based in Redwood City, United States. Operations focus on the medical devices sector, where solutions are created for patients with chronic vertebrogenic low back pain. The Intracept System is utilized to deliver targeted energy into the spine, thereby blocking pain signal transmission from the basivertebral nerve. Development and distribution occur within the healthcare technology field.
Who are the top competitors of Relievant Medsystems?
Relievant Medsystems's top competitors include Nevro, Paradigm Spine and ATEC Spine.
What products or services does Relievant Medsystems offer?
Relievant Medsystems offers Intracept Procedure and Clinical Trials Services.
Who are Relievant Medsystems's investors?
Relievant Medsystems has 13 investors. Key investors include Boston Scientific, Canaan, Ally Bridge Group, Endeavour Vision, and Vensana Capital.