About SetPoint Medical
SetPoint Medical is a Healthcare company based in Santa Clarita (United States) founded in 2006. Implantable neuromodulation devices are developed for inflammatory diseases. 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. SetPoint Medical offers products and services including Neuroimmune Modulation Device and RESET-RA Study Platform. Its focus areas include Life Sciences, Immunology, Medical Devices and Orthopedics. Its legal entity is SETPOINT MEDICAL CORPORATION. Its competitors include Harmonic Bionics, Boomerang Medical and CyMedica Ortho; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Santa Clarita, United States
- Employees 46
- SectorsHealthcare
- Website setpointmedical.com
- Social LinkedIn X
- Legal Name Setpoint Medical Corporation
- Total Equity Funding$363.17M (USD)
in 13 rounds
- Latest Funding Round$115M (USD), Series F
Mar 2025
- InvestorsMedtronic
& 25 more
- Employee Count46
Products & Services of SetPoint Medical
SetPoint Medical offers a comprehensive portfolio of products and services, including Neuroimmune Modulation Device and RESET-RA Study Platform.
Electrical stimulation platform to regulate inflammation in autoimmune diseases
System for testing neuroimmune treatments in rheumatoid arthritis patients
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 $363.17M
- Total Rounds 13
- Last Round Series F — $115M
- First Round $4M
(May 2009)
- Investors Count 26
Latest 10 of 13 funding rounds of SetPoint Medical with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2025 | $115M | Series F | – | – | – |
| Jan 2023 | $80M | Series E | – | Norwest Venture Partners, Viking Global Investors | |
| Jan 2023 | Debt – Conventional | – | – | ||
| Jul 2021 | $35M | Debt – Conventional | – | – | |
| Jan 2021 | $64.41M | Series E | – | New Enterprise Associates | |
| Sep 2019 | $15.75M | Series D | – | – | – |
| Aug 2017 | $30M | Series D | – | – | |
| Mar 2017 | Series C | – | – | ||
| Sep 2015 | $15.11M | Series C | – | – | |
| Aug 2013 | $30.61M | Series B | – | Medtronic, GSK | – |
26 investors in total: 26 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors. | 1961 | nvp.com | Menlo Park, United States | |
Private investment firm focused on multiple sectors | vikingglobal.com | Greenwich, United States | ||
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Stage-agnostic investments in US life sciences are pursued. | actionpotentialvc.com | Palo Alto, United States | ||
Venture capital and private equity investment firm | morgenthaler.com | Portola Valley, United States | ||
| shangbaycapital.com | ||||
Venture capital is provided to biomedical technology startups. | cataliocapital.com | New York, United States | ||
| cittacapital.com | ||||
Early-stage life science ventures are supported by SVE Capital. | 2020 | sve-capital.com | Palo Alto, United States | |
Topspin Consumer Partners is engaged in private equity investments focused on consumer brands. | topspincp.com | Mamaroneck, USA |
Investor details for SetPoint Medical
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of SetPoint Medical
40 people are tracked at SetPoint Medical (15 in leadership, 6 in board & advisors, 19 in team); the tracked headcount is 46.
| Name | Role | Group |
|---|---|---|
Dan Ward | Director, Program Management | Leadership |
Melissa Evangelista | Director, Clinical Affairs | Leadership |
Yaakov Levine | VP of Research | Leadership |
John Long | VP, Operations | Leadership |
Ankit Shah | VP of Marketing | Leadership |
David Chernoff | Chief Medical Officer | Leadership |
Kevin Wilkin | VP of Quality | Leadership |
Bill Calle | VP, Product Development | Leadership |
Amy Derosier | VP, Clinical Affairs | Leadership |
Murthy Simhambhatla | CEO | Leadership |
Nichole Greetis | Director, Quality Assurance | Leadership |
Ashley Waterstone | Director Of Marketing And Clinical Excellence | Leadership |
Rohan Seth | CFO | Leadership |
Lauren Dibiase Corso | Associate Director, Clinical Operations | Leadership |
Erik Styacich | Vice President Of Sales | Leadership |
Steve Winick | Director | Board & advisors |
William Dai | Director | Board & advisors |
Allan Will | Chairman | Board & advisors |
Josh Makower | Director | Board & advisors |
Hank Plain | Director | Board & advisors |
20 more people are available in the full profile.
Complete people profiles for SetPoint Medical
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of SetPoint Medical
3 dated milestones of SetPoint Medical across 19 years, from founding to its latest funding, stage changes and deals.
- Founded SetPoint Medical is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Series F, of $115.0M.
Competitors of SetPoint Medical
SetPoint Medical has 3 listed competitors in our database, 3 of them funded. They include Harmonic Bionics, Boomerang Medical and CyMedica Ortho.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| harmonicbionics.com | 2016 | Austin, United States | $12.92M | Robotic solutions for upper body rehabilitation are provided. | ||
| boomerangmedical.com | 2021 | Mountain View, United States | $35M | Bioelectronic devices are developed for autoimmune disease treatment. | ||
| cymedicaortho.com | 2013 | Phoenix, United States | $32.83M | 14 | Neuromuscular electrical stimulation platform to prevent Muscle atrophy after orthopedic surgeries |
Detailed competitors of SetPoint Medical
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of SetPoint Medical
The website of SetPoint Medical (setpointmedical.com) receives about 9.4K visits a month.
- Monthly visits9.4K
▼ 4.6% vs previous month
Websites whose visitors overlap most with SetPoint Medical. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| testsource.com | 100% | View details | |||
rheumatologyadvisor.com | rheumatologyadvisor.com | 92% | #417,216 | – | |
| massdevice.com | 91% | #435,992 | View details | ||
| bostonscientific.com | 91% | 738.5K | #88,615 | View details | |
| pharmacyonesource.com | 64% | 149.4K | #184,263 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for SetPoint Medical
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Immunology & Cancer Therapeutics
3 companies that operate in the same segment as SetPoint Medical (Immunology & Cancer Therapeutics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
mRNA-based therapeutics for diseases including cancer and infections are developed. | 2010 | Cambridge, Massachusetts, United States | USD 2.78 B | USD 1.94 B | 5,800 | |
Targeted and immune-oncology drugs for cancer treatment are developed. | 2010 | Cambridge, Massachusetts, United States | USD 172 M | |||
Immuno-modulatory therapies for dementia and neurodegenerative disorders are developed. | 2013 | San Francisco, California, United States | USD 214.78 M | USD 21.05 M | 211 |
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Related news about Setpoint Medical
Complete news archive for SetPoint Medical
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- Brand-specific news history
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Frequently Asked Questions about SetPoint Medical
SetPoint Medical was founded in 2006 and raised its 1st funding round 3 years after it was founded.
SetPoint Medical is headquartered in Santa Clarita, United States. It is registered at Santa Clarita, California, United States.
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 B of $30.61M, raised on May 2009.
SetPoint Medical has 46 employees.
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.
SetPoint Medical's top competitors include Harmonic Bionics, Boomerang Medical and CyMedica Ortho.
SetPoint Medical offers Neuroimmune Modulation Device and RESET-RA Study Platform.
SetPoint Medical has 26 investors. Key investors include Medtronic, Boston Scientific, Norwest Venture Partners, GSK, and Revelation Partners.
SetPoint Medical operates through Setpoint Medical Corporation.