Saluda Medical
PublicLast Round
IPO Announced
Dec 5, 2025
Est. Valuation
$433.04M
Total Funding Raised
$684.6M
Company Overview
Saluda Medical is a medical device company that develops and commercializes closed-loop neuromodulation therapies for the treatment of chronic neurological conditions.
Sector
Information Technology
AI Layer
Non-AI
Keywords
spinal cord stimulationSCSclosed-loop stimulationneuromodulationneuromod techclosed-loop neuromodchronic pain managementneurostimulationEvoked Compound Action PotentialsECAPsimplantable medical deviceintractable pain treatmentmedical device hardwarefailed back surgery syndrome
Saluda Medical Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Saluda Medical Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| IPO Announced | Dec 5, 2025 | ||||
| VC Round | Nov 12, 2025 | ||||
| VC Round | Jan 10, 2025 | ||||
| Series F | Apr 13, 2023 | ||||
| VC Round | Mar 2, 2022 | ||||
Series E | Jun 28, 2019 |
Key People
Founding team and executive leadership
Saluda Medical Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Redmile Group | IPO, Series F, VC Round, Series E |
| BioScience Managers | Series B, Series F |
| Heartland Healthcare Capital | VC Round |
| Action Potential Venture Capital | VC Round, Series F, Series D |
| Fidelity Management & Research Company | VC Round, IPO, Series F |
| NSW Medical Device Fund | Grant |
| Bell Potter Securities | IPO |
Saluda Medical Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Firmographic Details
HeadquartersArtarmon, New South Wales
Employee Range476
Year Founded2011
Last FundingDec 5, 2025