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Saluda Medical
Health Tech & Medtech · Sydney, Australia · Founded 2013 · IPO 2025
Dedicated to improving the lives of people by providing personalized, responsive, and efficient neuromodulation therapy (spinal cord stimulation ) MoreLess
Saluda Medical is a pioneering healthcare startup that operates in the field of neuromodulation, specifically spinal cord stimulation (SCS). The company has developed a unique technology that measures the spinal cord's physiological response to stimulation, using Evoked Compound Action Potentials (ECAPs). ECAPs are electrical signals generated by the nervous system, and Saluda's technology allows for the first time, an objective measurement of these signals in the spinal cord.
The company's primary product is the Evoke® System, which uses ECAPs to provide smart neuromodulation therapy. This system listens and responds to each patient's unique neural signature, providing a more personalized and effective treatment. The Evoke® System has shown clinical superiority in a double-blinded, randomized clinical trial, demonstrating enduring patient outcomes.
Saluda Medical's business model revolves around providing this innovative technology to clinicians and healthcare providers. By offering a more objective and accurate measure of neural activation, the company empowers clinicians to provide more consistent pain relief to their patients. This is particularly important as neural activation is the mechanism that drives pain inhibition.
In terms of future potential, Saluda's proprietary SmartLoop™ technology could have broad applications in the field of neuromodulation, including therapies such as vagal nerve, sacral nerve, and deep brain stimulation. This suggests that the company has a significant growth potential in the expanding market of neuromodulation therapies.
Keywords: Neuromodulation, Spinal Cord Stimulation, Evoked Compound Action Potentials, Evoke® System, Neural Activation, Pain Relief, SmartLoop™ Technology, Healthcare Providers, Clinicians, Neural Signature.
Company overview
Saluda Medical company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2013
- Headquarters
- Sydney, Australia
- Employees
- 482
- Open positions
- 15
- Dealroom signal
- 72.1
Valuation & funding
Saluda Medical funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO DEBTDebt | Jun 2026 | $25M | — | Perceptive Advisors | ↗ |
| IPOOther financing | Dec 2025 | $65M | $501M | Undisclosed | ↗ |
| LATE VCOther financing | Dec 2025 | $149M | $501M | Undisclosed | ↗ |
| LATE VCOther financing | Jan 2025 | $100M | $750M | Wellington Management · The Rise Fund (TPG) · Action Potential Venture Capital · Piper Heartland Healthcare Capital | ↗ |
| LATE VCOther financing | Apr 2023 | $150M | $600M | Action Potential Venture Capital · T. Rowe Price · TPG · Fidelity Investments | ↗ |
| GROWTH EQUITY VCOther financing | Mar 2022 | Redmile Group · Fidelity Investments | ↗ | ||
| LATE VCOther financing | Jun 2019 | Redmile Group · Boston Scientific · PneumRx | — | ||
| SERIES DOther financing | May 2017 | Action Potential Venture Capital | — | ||
| SERIES BOther financing | Feb 2015 | BioScience Managers Limited | — | ||
| SPINOUTOther financing | Jan 2013 | CSIRO | — |
Growth signals
Saluda Medical website traffic
Latest recorded traffic for Saluda Medical is 7.1K monthly website visits, down 12.3% over the last three months. Saluda Medical's team declined 1% over the past year.
Hiring
Open positions at Saluda Medical
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Comparisons
Saluda Medical compared with similar companies
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Talent graph
Saluda Medical's talent
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Global footprint
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In the news
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Market sentiment
What the market is saying about Saluda Medical
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