Saluda Medical

Bloomington, United States Founded: 2010 • Age: 16 yrs
Developer of neuromodulation platform measuring biomarkers for chronic neurological condition treatment
Annual revenue - Latest available
Total funding $530.0M 9 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Saluda Medical

Saluda Medical is a company based in Bloomington (United States) founded in 2010. Saluda Medical has raised $530 million across 9 funding rounds from investors including Fidelity Investments, Medtronic and Boston Scientific. Saluda Medical offers products and services including Evoke System and SmartLoop Technology. Saluda Medical operates in a competitive market with competitors including Myoscience, Nalu Medical, Neuros Medical, Biowave and Alpha-Stim, among others.

  • Headquarter Bloomington, United States
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Saluda Medical Inc
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $530 M (USD)

    in 9 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Oct 30, 2025

  • Investors
  • Employee Count
    Not available
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IPO & Listings of Saluda Medical

Saluda Medical is a publicly listed company on the ASX with ticker symbol SLD in Australia. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: ASX · Ticker: SLD · Sector: · Australia

Products & Services of Saluda Medical

Saluda Medical offers a comprehensive portfolio of products and services, including Evoke System and SmartLoop Technology.

Product name locked
Category locked
Primary

Device for closed-loop spinal cord stimulation to treat chronic pain.

Product name locked
Category locked
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Technology that adjusts neural stimulation based on patient responses.

People of Saluda Medical

Headcount 50-200
Employee Profiles 144
Employee Profiles
People
Reed Deer
Territory Manager
People
Tim Kamphausen
Clinical Specialist
People
Deandre Gilbert
Senior Territory Manager
People
Brian Movrin
Senior Supply Chain Manager Australia

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Funding Insights of Saluda Medical

Saluda Medical has successfully raised a total of $530M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in October 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.

Investors in Saluda Medical

Saluda Medical has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Fidelity Investments, Medtronic and Boston Scientific.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Fund of funds focused on pre-seed and seed-stage companies
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Stage-agnostic investments in US life sciences are pursued.
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BioScience Managers is engaged in healthcare investment and innovation.
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Investor details for Saluda Medical

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  • Investor domains
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Investments & Acquisitions by Saluda Medical

Investments
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Investment portfolio details for Saluda Medical

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Financial Statements - Saluda Medical

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Detailed financials for Saluda Medical

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Saluda Medical Comparisons

Saluda Medical Primary company
Description
Developer of neuromodulation platform measuring biomarkers f...
Location
Bloomington, United States
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Saluda Medical

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Competitors of Saluda Medical

Saluda 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 Myoscience, Nalu Medical, Neuros Medical, Biowave and Alpha-Stim, among others.

Company Name Domain Founded year HQ Location Description
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Technology-driven dermatological products are developed and commercialized.
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Developer of a neurostimulation system for managing intractable chronic pain
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High-frequency neurostimulation therapies for chronic neuropathic pain are developed.
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Neuromodulation devices are developed for pain therapy management.
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Non-drug electrotherapy devices for pain and anxiety are developed.
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Detailed competitors of Saluda Medical

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Latest news on Saluda Medical

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Complete news archive for Saluda Medical

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Frequently Asked Questions about Saluda Medical

Saluda Medical was founded in 2010 and raised its 1st funding round 2 years after it was founded.

Saluda Medical is headquartered in Bloomington, United States. It is registered at Bloomington, Indiana, United States.

Jim Schuermann is the current CEO of Saluda Medical.

Saluda Medical is a funded company, having raised a total of $530M across 9 funding rounds to date.

Founded in 2010 and headquartered in Bloomington, United States, Saluda Medical operates in the neuromodulation sector. A system is provided that measures and records neural activation characteristics for treating chronic neurological conditions, particularly pain. Stimulation levels are quantified against clinician-defined targets, with continuous comparisons and automatic adjustments to maintain consistent activation. Evoked Compound Action Potentials are utilized to enhance therapy precision.

Saluda Medical's top competitors include Nalu Medical, Myoscience and Neuros Medical.

Saluda Medical offers Evoke System and SmartLoop Technology.

Yes, Saluda Medical is publicly traded on ASX under the ticker symbol SLD.

Saluda Medical has 11 investors. Key investors include Fidelity Investments, Medtronic, Boston Scientific, TPG, and T. Rowe Price.

The ticker symbol of Saluda Medical is SLD on ASX.

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