When was Relievant Medsystems founded?

Relievant Medsystems was founded in 2004 and raised its 1st funding round 2 years after it was founded.

Where is Relievant Medsystems located?

Relievant Medsystems is headquartered in Redwood City, United States.

Who is the current CEO of Relievant Medsystems?

Alex diNello of Relievant Medsystems.

How many employees does Relievant Medsystems have?

As of Jun 30, 2026, the latest employee count at Relievant Medsystems is 192.

Is Relievant Medsystems a funded company?

Relievant Medsystems is a funded company, having raised a total of $273M across 10 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jul 20, 2006.

When was the latest funding round of Relievant Medsystems?

Relievant Medsystems' latest funding was a $***** Series G round on Mar 20, 2023, with participation from 7 investors.

Where does Relievant Medsystems rank among its competitors?

Relievant Medsystems ranks 23rd amongst 243 active competitors, of which 58 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was WISE, which secured $34.8M in Jun, 2026.

Who are the top competitors of Relievant Medsystems?

Relievant Medsystems' top competitors include Si-Bone, Paradigm Spine and ATEC Spine. Among them, WISE secured the most recent funding round in June, 2026.

Relievant Medsystems - 2026 Company Profile, Team, Funding & Competitors

Relievant Medsystems is an acquired company based in Redwood City (United States), founded in 2004. It operates as a Developer of medical devices for patients suffering from chronic vertebrogenic low back pain. Relievant Medsystems has raised $273M in funding from investors like New Enterprise Associates, Endeavour Vision and Lightstone Ventures. The company has 243 active competitors, including 58 funded and 63 that have exited. Its top competitors include companies like Si-Bone, Paradigm Spine and ATEC Spine.

Company Details

Developer of medical devices for patients suffering from chronic vertebrogenic low back pain. The company offers Intracept System that delivers targeted energy into the spine and blocks the transmission of pain signals from the basivertebral nerve.

Key Metrics

Founded Year

2004

Location

Redwood City, United States

Stage

Acquired

Total Funding

$273M in 10 rounds

Latest Funding Round

Series G, Mar 20, 2023, $*****

Investors

New Enterprise Associates & 11 more

Ranked

23^rd among 243 active competitors

Employee Count

192 as on Jun 30, 2026

Similar Companies

Si-Bone & 337 more

Exit Details

Acquired by Boston Scientific (Sep 19, 2023)

View Relievant Medsystems' full profile

Relievant Medsystems is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Relievant Medsystems, Inc. CIN: 3831611 , United States, Active		-	9 (As on Dec 31, 2009)	-

Relievant Medsystems got acquired by Boston Scientific on Sep 19, 2023 at an acquisition amount of $*****.

Click here to take a look at Relievant Medsystems's acquisition in detail

Relievant Medsystems has raised a total funding of $273M over 10 rounds. Its first funding round was on Jul 20, 2006. Its latest funding round was a Series G round on Mar 20, 2023 for $*****. 7 investors participated in its latest round. Relievant Medsystems has 12 institutional investors.

Here is the list of recent funding rounds of Relievant Medsystems:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 20, 2023	4818568	Series G	4517090	1639406	9983554	4786370
Oct 22, 2020	6695292	Series F	4186308	6338160	8045146	Endeavour Vision & 3 more
Jun 21, 2018	3278399	Series E	4395567	6856976	Endeavour Vision	Richard King Mellon Foundation & 4 more

Access funding benchmarks and valuations. Sign up today!

View details of Relievant Medsystems's funding rounds and investors

Relievant Medsystems' employee count trend

Relievant Medsystems has 192 employees as of Jun 26. Here is Relievant Medsystems's employee count trend over the years:

Employee count trend for Relievant Medsystems

Uncover Relievant Medsystems' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Relievant Medsystems include Si-Bone, Paradigm Spine and ATEC Spine. Here is the list of Top 10 competitors of Relievant Medsystems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Si-Bone 2008, San Jose (United States), Public	Titanium implant fixation system	$103M	Skyline Ventures, Arboretum Ventures & 10 others	64/100
2nd	Paradigm Spine 2005, New York City (United States), Acquired	Manufacturer of stabilization devices for the healthcare industry	$142M	Athyrium Capital Management, HealthCor Partners ... & 6 others	63/100
3rd	ATEC Spine 1990, San Diego (United States), Public	Developer of treatment solutions for spine disorders	-	Deerfield, Armistice Capital & 12 others	62/100
4th	LimiFlex 2008, San Carlos (United States), Series C	Developer of spinal implants for treating spinal stenosis	$25.3M	Scientific Health Development, Doorga & 2 others	61/100
5th	Accelus 2016, Palm Beach Gardens (United States), Series D	Provider of spine surgery robot systems for healthcare industries	$20.8M	Concord Health Partners, Symbiotic Capital ... & 4 others	60/100
6th	MiRus 2015, Marietta (United States), Series D	Developer of rhenium-based implants for spine surgeries	$1.56B	Mammoth, Boston Scientific	60/100
7th	Spineart 2005, Plan les Ouates (Switzerland), Series B	Developer of orthopedic implants and minimally invasive instruments	$139M	Ernst Göhner, Gimv & 2 others	59/100
8th	WISE 2011, Milan (Italy), Series D	Provider of solutions for neuromodulation and neuromonitoring	$91.4M	Principia SGR, CDP Venture Capital & 12 others	59/100
9th	Spineology 1997, St. Paul (Canada), Late Stage	Developer of minimally invasive spinal surgery devices	$79.6M	SV Health Investors, Horizon & 6 others	58/100
10th	Companion Spine 2020, New York City (United States), Series A	Developer of medical devices for spine treatment and therapies	$68.6M	Viscogliosi Brothers, IRDI Capital Investissement ... & 2 others	55/100
23rd	Relievant Medsystems 2004, Redwood City (United States), Acquired	Developer of medical devices for patients suffering from chronic vertebrogenic low back pain	$273M	Endeavour Vision, New Enterprise Associates ... & 10 others	49/100