Nalu Medical - About the company
Nalu Medical is an acquired company based in Carlsbad (United States), founded in 2014 by Keegan Harper. It operates as a Developer of a neurostimulation system for managing intractable chronic pain. Nalu Medical has raised $231M in funding from investors like Gilde Healthcare, MVM and Novo Holdings. The company has 92 active competitors, including 23 funded and 12 that have exited. Its top competitors include companies like ElectroCore, Saluda Medical and Synchron.
Company Details
Developer of a neurostimulation system for managing intractable chronic pain. The company offers Nalu neurostimulation system which is a micro-implantable pulse generator is used for Spinal Cord Stimulation and Peripheral Nerve Stimulation. The device uses gentle electrical impulses to interrupt pain signals.
- Website
- nalumed.com
- Email ID
- *****@nalumed.com
- Phone Number
- +1 **********
- Registered Address
- 2320 Faraday Avenue Suite 100, Carlsbad, CA 92008, US
Key Metrics
Founded Year
2014
Location
Carlsbad, United States
Stage
Acquired
Total Funding
$231M in 4 rounds
Latest Funding Round
Investors
Ranked
5th among 92 active competitors
Employee Count
231 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Boston Scientific (Oct 17, 2025)
Legal entities associated with Nalu Medical
Nalu Medical is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Nalu Medical, Inc CIN: 20228004685 , United States, Active | Oct 13, 2022 | - | 227 (As on Dec 31, 2024) | - |
Nalu Medical's acquisition details
Nalu Medical got acquired by Boston Scientific on Oct 17, 2025 at an acquisition amount of $*****.
Click here to take a look at Nalu Medical's acquisition in detail
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Nalu Medical's funding and investors
Nalu Medical has raised a total funding of $231M over 4 rounds. Its first funding round was on Jul 08, 2015. Its latest funding round was a Series E round on Dec 21, 2023 for $*****. 10 investors participated in its latest round. Nalu Medical has 11 institutional investors.
Here is the list of recent funding rounds of Nalu Medical:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 21, 2023 | 8876863 | Series E | 9407642 | 8997053 | 3414058 | 9270274 |
Oct 25, 2022 | 5713245 | Conventional Debt | 5267773 | 6229973 | 3373080 | |
Feb 17, 2022 | 3954356 | Series B | 1051657 | 3038899 |
View details of Nalu Medical's funding rounds and investors
Nalu Medical's founders and board of directors
Founder? Claim ProfileThe founders of Nalu Medical is Keegan Harper.
Here are the details of Nalu Medical's key team members:
- Keegan Harper: Founder of Nalu Medical. They serve on the board of 1 company.Contact Info: 1 email address
Nalu Medical's Board of Directors
Nalu Medical's board has 19 active members. Geoff Pardo, William Burke, Eric Snyder, Keegan Harper, Shahzad Malik, Lee Hartley, Victor Tong, Robert Mittendorff, Hugo Harrod, Allen Meacham, Michael J. Partsch, Thomas A. West, Alexander AuWerter, William J. Dawson, Jonathan Ruais, Jeffrey Swiecki, Scott Murano, Bick Sellers and Juliet Bakker are independent board members.Here is the list of Nalu Medical's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 2y 6m | |
dhassxt | Independent board member | - | Current | 1y 4m |
qupcsew | Independent board member | - | Current | 6y 1m |
lvcljey | Independent board member | - | Current | 7y 7m |
dupef{z | Independent board member | - | Current | 7y 9m |
ypitvcy | Independent board member | - | Current | 6y 5m |
jcrpdyu | Independent board member | - | Current | 1y 8m |
kxji{ii | Independent board member | - | Current | 3y 7m |
zgjyrbi | Independent board member | - | Current | 3y 7m |
vqsqcmn | Independent board member | - | Current | 2y 3m |
zxjdzkv | Independent board member | - | Current | 2y 6m |
aszdwcy | Independent board member | - | Current | 5y 4m |
ijfs{qg | Independent board member | - | Current | 3y 1m |
wibdobz | Independent board member | - | Current | 7y 8m |
sxwetqw | Independent board member | - | Current | 6y 6m |
prkbbxb | Independent board member | - | Current | 4y 8m |
csxsy{s | Independent board member | - | Current | 4y 6m |
zsrwkwp | Independent board member | - | Current | 6y 2m |
alzyjdr | Independent board member | - | Current | 9y 7m |
View details of Nalu Medical's Founder profiles and Board Members
Nalu Medical's employee count trend
Nalu Medical has 231 employees as of Jul 26. Here is Nalu Medical's employee count trend over the years:
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Nalu Medical's Competitors and alternates
Top competitors of Nalu Medical include ElectroCore, Saluda Medical and Synchron. Here is the list of Top 10 competitors of Nalu Medical, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ElectroCore 2005, Basking Ridge (United States), Public | Developer of non-invasive vagus nerve stimulation devices | $161M | 70/100 | |
2nd | Saluda Medical 2010, Bloomington (United States), Public | Developer of neuromodulation platform measuring biomarkers for chronic neurological condition treatment | $530M | 66/100 | |
3rd | Synchron 2016, Brooklyn (United States), Series D | Developer of implantable bioelectronics for the treatment of neurological conditions | $345M | 62/100 | |
4th | ONWARD 2014, Eindhoven (Netherlands), Public | Developer of a therapeutic device for spinal cord injuries | $35M | 61/100 | |
5th | Nalu Medical 2014, Carlsbad (United States), Acquired | Developer of a neurostimulation system for managing intractable chronic pain | $231M | 61/100 | |
6th | Neurovalens 2013, Belfast (United Kingdom), Series A | Developer of non-invasive neurostimulation products | $26.1M | 57/100 | |
7th | BlueWind Medical 2010, Herzliya (Israel), Series B | Developer of neurostimulation device for the treatment of overactive bladder | $112M | 54/100 | |
8th | SpineX 2018, Los Angeles (United States), Seed | Developer of a medical device for neurological conditions | - | 52/100 | |
9th | Subsense 2022, Covina (United States), Seed | Developer of non-surgical brain-computer interfaces using biocompatible nanoparticles | $27M | 48/100 | |
10th | Atlantic Therapeutics 2013, Oranmore (Ireland), Acquired | Developer of a non-invasive wearable device for pelvic floor strengthening and nerve stimulation products | $70.6M | 48/100 |
Looking for more details on Nalu Medical's competitors? Click here to see the top ones
Nalu Medical's Investments and acquisitions
Nalu Medical has made no investments or acquisitions yet.
Reports related to Nalu Medical
Here is the latest report on Nalu Medical's sector:
News related to Nalu Medical
Media has covered Nalu Medical for a total of 4 events in the last 1 year, 1 of them has been about company updates.
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Boston Scientific announces an agreement to acquire Nalu MedicalTecnomedicina•Oct 17, 2025•Nalu Medical, Boston Scientific
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Trinity Capital Inc. Provides $50 Million in Growth Funding to Nalu MedicalFinancial Times•Sep 16, 2025•Trinity Capital, Nalu Medical
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Nalu Medical Achieves National Payer Milestone with Aetna Coverage for PNS TherapyBusiness Wire•Jul 16, 2025•Nalu Medical, Aetna
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Nalu PNS System Significantly Reduces Healthcare-Related Costs in Chronic Pain PatientsBusiness Wire•Jan 08, 2025•Nalu Medical
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Nalu Medical: $85 Million Raised To Develop Non-Pharmacologic Solutions For Chronic Neuropathic PainPulse 2.0•Mar 09, 2024•Nalu Medical, B Capital, Gilde Healthcare, MVM and 8 others
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Nalu Medical, Inc. Announces $65 Million Equity Financing to Advance Treatment for Chronic Neuropathic PainWvnews•Jan 03, 2024•Nalu Medical, Novo Holdings, Gilde Healthcare, MVM and 7 others
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