About SetPoint Medical
SetPoint Medical is a company based in Santa Clarita (United States) founded in 2006.. SetPoint Medical has raised $363.17 million across 13 funding rounds from investors including Medtronic, Boston Scientific and Norwest Venture Partners. The company has 46 employees as of December 31, 2022. SetPoint Medical offers products and services including Neuroimmune Modulation Device and RESET-RA Study Platform. SetPoint Medical operates in a competitive market with competitors including ONWARD, Harmonic Bionics, Boomerang Medical, CyMedica Ortho and Intelligent Implants, among others.
- Headquarter Santa Clarita, United States
- Employees 46 as on 31 Dec, 2022
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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 Setpoint Medical Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$363.17 M (USD)
in 13 rounds
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Latest Funding Round
$115 M (USD), Series F
Mar 27, 2025
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Investors
Medtronic
& 25 more
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Employee Count
46
as on Dec 31, 2022
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Products & Services of SetPoint Medical
SetPoint Medical offers a comprehensive portfolio of products and services, including Neuroimmune Modulation Device and RESET-RA Study Platform. 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.
Electrical stimulation platform to regulate inflammation in autoimmune diseases
System for testing neuroimmune treatments in rheumatoid arthritis patients
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Funding Insights of SetPoint Medical
SetPoint Medical has successfully raised a total of $363.17M across 13 strategic funding rounds. The most recent funding activity was a Series F round of $115 million completed in March 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 13
- Last Round Series F — $115.0M
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First Round
First Round
(26 May 2009)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series F - SetPoint Medical | Valuation |
investors |
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| Jan, 2023 | Amount | Series E - SetPoint Medical | Valuation | Norwest Venture Partners , Viking Global Investors | |
| Jan, 2023 | Amount | Debt – Conventional - SetPoint Medical | Valuation |
investors |
| 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 SetPoint Medical
SetPoint Medical has secured backing from 26 investors, including venture fund and institutional investors. Prominent investors backing the company include Medtronic, Boston Scientific and Norwest Venture Partners. 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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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Founded Year | Domain | Location | |
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Private investment firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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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 SetPoint 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 - SetPoint 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 |
Setpoint Medical Comparisons
Competitors of SetPoint Medical
SetPoint 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 ONWARD, Harmonic Bionics, Boomerang Medical, CyMedica Ortho and Intelligent Implants, 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 |
Therapeutic devices for spinal cord injuries are developed and delivered.
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| domain | founded_year | HQ Location |
Robotic solutions for upper body rehabilitation are provided.
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| domain | founded_year | HQ Location |
Bioelectronic devices are developed for autoimmune disease treatment.
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| domain | founded_year | HQ Location |
Neuromuscular electrical stimulation platform to prevent Muscle atrophy after orthopedic surgeries
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| domain | founded_year | HQ Location |
Develops smart implants to accelerate and monitor bone growth in orthopedics.
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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 Setpoint Medical
Frequently Asked Questions about SetPoint Medical
When was SetPoint Medical founded?
SetPoint Medical was founded in 2006 and raised its 1st funding round 3 years after it was founded.
Where is SetPoint Medical located?
SetPoint Medical is headquartered in Santa Clarita, United States. It is registered at Santa Clarita, California, United States.
Is SetPoint Medical a funded company?
SetPoint Medical is a funded company, having raised a total of $363.17M across 13 funding rounds to date. The company's 1st funding round was a Series E of $80M, raised on May 26, 2009.
How many employees does SetPoint Medical have?
As of Dec 31, 2022, the latest employee count at SetPoint Medical is 46.
What does SetPoint Medical do?
SetPoint Medical was founded in 2006 and is based in Santa Clarita, United States. Focus is placed on the development of implantable neuromodulation devices targeted at inflammatory conditions, including Crohns Disease and rheumatoid arthritis. Operations center on advancing bioelectronic medicine within the medical device sector. Clinical trials for Crohns Disease are presently being conducted, with emphasis on therapeutic applications for autoimmune disorders.
Who are the top competitors of SetPoint Medical?
SetPoint Medical's top competitors include ONWARD, Harmonic Bionics and Boomerang Medical.
What products or services does SetPoint Medical offer?
SetPoint Medical offers Neuroimmune Modulation Device and RESET-RA Study Platform.
Who are SetPoint Medical's investors?
SetPoint Medical has 26 investors. Key investors include Medtronic, Boston Scientific, Norwest Venture Partners, GSK, and Revelation Partners.