O
ONWARD Medical
Biotech & Life Sciences · Eindhoven, Netherlands · Founded 2014 · IPO 2021
Neurotechnology enabling recovery after spinal cord injury MoreLess
ONWARD is a pioneering startup that operates in the medical technology sector, specifically focusing on spinal cord injury therapies. The company is comprised of a multidisciplinary team of scientists, engineers, and physicians, all united by a common goal: to develop innovative therapies that can significantly improve the lives of people living with spinal cord injuries.
ONWARD's flagship product is the ARC Therapy, a groundbreaking technology that uses targeted, programmed stimulation of the spinal cord to restore movement in individuals with spinal cord injuries. This investigational device, which is not yet available for commercial use, has shown potential benefits beyond restoring movement, including improved bladder control, sexual function, and blood pressure regulation.
The company's business model is based on the development and eventual commercialization of its proprietary ARC Therapy. It generates revenue through the licensing of its intellectual property, developed in partnership with leading global neuroscience research institutions such as the Swiss Federal Institute of Technology, Lausanne University Hospital, the University of Louisville, and Caltech.
ONWARD's target market includes individuals with spinal cord injuries, as well as healthcare providers and institutions that treat these patients. The company's long-term financial prospects are promising, given the significant unmet need for effective therapies in this area and the potential for its technology to revolutionize the treatment of spinal cord injuries.
Keywords: Medical Technology, Spinal Cord Injury, ARC Therapy, Intellectual Property, Licensing, Healthcare Providers, Neuroscience Research, Treatment Revolution, Neuroprosthesis, Locomotor Deficits.
Company overview
ONWARD Medical company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2014
- Headquarters
- Eindhoven, Netherlands
- Employees
- 205
- Open positions
- 5
- Dealroom signal
- 84.5
Valuation & funding
ONWARD Medical funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| PRIVATE PLACEMENT NON VC✓Other financing | Apr 2026 | $45M | — | EQT Life Sciences | ↗ |
| PRIVATE PLACEMENT NON VC✓Other financing | Oct 2025 | $58M | — | Ottobock | ↗ |
| PRIVATE PLACEMENT NON VC✓Other financing | Oct 2024 | $55M | — | Ottobock | ↗ |
| GRANT✓Other financing | Sep 2024 | $1.1M | — | Reeve Foundation | ↗ |
| POST IPO DEBT✓Debt | Jul 2024 | $57M | — | Runway Growth Capital | ↗ |
| PRIVATE PLACEMENT VC✓Equity / VC | Mar 2024 | Undisclosed | ↗ | ||
| GRANTOther financing | Jun 2022 | European Commission | ↗ | ||
| IPO✓Exit | Oct 2021 | Undisclosed | — | ||
| EARLY VC✓Equity / VC | Apr 2021 | Verve Ventures · Invest-NL · Wellington Partners · Inkef | — | ||
| GRANT✓Other financing | Apr 2019 | Undisclosed | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
Growth signals
ONWARD Medical website traffic
Latest recorded traffic for ONWARD Medical is 25K monthly website visits, up 19% over the last three months. ONWARD Medical's team grew 6.8% over the past year.
Hiring
Open positions at ONWARD Medical
Current openings linked to this company in Dealroom.
Comparisons
ONWARD Medical compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
ONWARD Medical's talent
Source: Dealroom Talent Intelligence.
Investors
19 investors on ONWARD Medical's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.












Global footprint
Where ONWARD Medical has talent and traffic
team presence
In the news
Latest news about ONWARD Medical
Recent press, funding announcements, and product moves mentioning ONWARD Medical — open to read from the original sources.
Market sentiment
What the market is saying about ONWARD Medical
An AI-synthesized read of the highest-engagement posts about ONWARD Medical on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See ONWARD Medical’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.













