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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.
Social
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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
Ranked
Employee Count
231 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Boston Scientific (Oct 17, 2025)

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:lockFilter this list
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
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Nalu Medical's founders and board of directors

Founder? Claim Profile
The founders of Nalu Medical is Keegan Harper.
Here are the details of Nalu Medical's key team members:

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
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Independent board member
-
Current
1y 4m
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Independent board member
-
Current
6y 1m
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Independent board member
-
Current
7y 7m
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Independent board member
-
Current
7y 9m
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Independent board member
-
Current
6y 5m
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Independent board member
-
Current
1y 8m
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Independent board member
-
Current
3y 7m
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Independent board member
-
Current
3y 7m
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Independent board member
-
Current
2y 3m
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Independent board member
-
Current
2y 6m
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Independent board member
-
Current
5y 4m
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Independent board member
-
Current
3y 1m
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Independent board member
-
Current
7y 8m
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Independent board member
-
Current
6y 6m
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Independent board member
-
Current
4y 8m
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Independent board member
-
Current
4y 6m
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Independent board member
-
Current
6y 2m
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Independent board member
-
Current
9y 7m

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:
Employee count trend for Nalu Medical
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ElectroCore
ElectroCore
2005, Basking Ridge (United States), Public
Developer of non-invasive vagus nerve stimulation devices
$161M
70/100
2nd
Logo for Saluda Medical
Saluda Medical
2010, Bloomington (United States), Public
Developer of neuromodulation platform measuring biomarkers for chronic neurological condition treatment
$530M
66/100
3rd
Logo for Synchron
Synchron
2016, Brooklyn (United States), Series D
Developer of implantable bioelectronics for the treatment of neurological conditions
$345M
62/100
4th
Logo for ONWARD
ONWARD
2014, Eindhoven (Netherlands), Public
Developer of a therapeutic device for spinal cord injuries
$35M
61/100
5th
Logo for Nalu Medical
Nalu Medical
2014, Carlsbad (United States), Acquired
Developer of a neurostimulation system for managing intractable chronic pain
$231M
61/100
6th
Logo for Neurovalens
Neurovalens
2013, Belfast (United Kingdom), Series A
Developer of non-invasive neurostimulation products
$26.1M
57/100
7th
Logo for BlueWind Medical
BlueWind Medical
2010, Herzliya (Israel), Series B
Developer of neurostimulation device for the treatment of overactive bladder
$112M
54/100
8th
Logo for SpineX
SpineX
2018, Los Angeles (United States), Seed
Developer of a medical device for neurological conditions
-
52/100
9th
Logo for Subsense
Subsense
2022, Covina (United States), Seed
Developer of non-surgical brain-computer interfaces using biocompatible nanoparticles
$27M
48/100
10th
Logo for Atlantic Therapeutics
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
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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

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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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FAQs about Nalu Medical

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