SetPoint Medical - About the company
SetPoint Medical is a series F company based in Santa Clarita (United States), founded in 2006. It operates as a Developer of implantable neuromodulation devices for inflammatory diseases. SetPoint Medical has raised $388M in funding from investors like New Enterprise Associates, Morgenthaler and Medtronic, with a current valuation of $*****. The company has 27 active competitors, including 4 funded and 4 that have exited. Its top competitors include companies like ONWARD, Fesia Technology and Bioness.
Company Details
Developer of implantable neuromodulation devices for inflammatory diseases. It offers the SetPoint System which is a a small, wireless, implantable device that stimulates the vagus nerve activating the body’s innate pathways to reduce inflammation and restore immunologic balance.
- Website
- setpointmedical.com
- Registered Address
- Valencia, California
Key Metrics
Founded Year
2006
Location
Santa Clarita, United States
Stage
Series F
Total Funding
$388M in 13 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 27, 2025
Investors
Ranked
1st among 27 active competitors
Employee Count
127 as on Sep 30, 2026
Legal entities associated with SetPoint Medical
SetPoint Medical is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Setpoint Medical Corporation CIN: 204513487 , United States, Active | Mar 09, 2006 | - | 73 (As on Dec 31, 2024) | - |
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SetPoint Medical's funding and investors
SetPoint Medical has raised a total funding of $388M over 13 rounds. Its first funding round was on May 26, 2009. Its latest funding round was a Series F round on Mar 27, 2025 for $*****. 9 investors participated in its latest round. SetPoint Medical has 34 institutional investors.
Here is the list of recent funding rounds of SetPoint Medical:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 27, 2025 | 4000033 | Series F | 1569107 | 2666463 | 1694794 | 5476444 |
Jan 18, 2023 | 1694104 | Series E | 5259293 | 6819657 | 1166781 | |
Jan 18, 2023 | 2186907 | Venture Debt | 9303946 | 2083685 | 5189765 |
View details of SetPoint Medical's funding rounds and investors
SetPoint Medical's founders and board of directors
Founder? Claim ProfileSetPoint Medical's employee count trend
SetPoint Medical has 127 employees as of Sep 26. Here is SetPoint Medical's employee count trend over the years:
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SetPoint Medical's Competitors and alternates
Top competitors of SetPoint Medical include ONWARD, Fesia Technology and Bioness. Here is the list of Top 10 competitors of SetPoint Medical, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SetPoint Medical 2006, Santa Clarita (United States), Series F | Developer of implantable neuromodulation devices for inflammatory diseases | $388M | 66/100 | |
2nd | ONWARD 2014, Eindhoven (Netherlands), Public | Developer of a therapeutic device for spinal cord injuries | $35M | 63/100 | |
3rd | Fesia Technology 2016, San Sebastian (Spain), Acquired | Provider of functional electrical stimulation devices for the rehabilitation of individuals | - | 50/100 | |
4th | Bioness 2004, Los Angeles (United States), Acquired | Functional electrical stimulation systems, robotic systems for CNS disorders and orthopedic injuries. | - | 44/100 | |
5th | CyMedica Ortho 2013, Phoenix (United States), Series A | At-home muscle strengthening therapy for lasting knee pain relief | $32.8M | 37/100 | |
6th | Yrobot 2004, Cambridge (United States), Seed | Provider of network access management and security filtering services | - | 36/100 | |
7th | Restorative Therapies 2004, Baltimore (United States), Funding Raised | Integrated FES therapies for neurological impairments, improving mobility and recovery | - | 33/100 | |
8th | Articulate Labs Dallas (United States), Seed | Developer of wearable knee rehabilitation device | $20K | 32/100 | |
9th | KAT Innovation 2018, Montreal (Canada), Unfunded | Developer of medical devices for osteoporosis and chronic kidney disease | - | - | 31/100 |
10th | Niveus Medical 2008, Palo Alto (United States), Deadpooled | Expired domain marketplace with powerful insights and professional trust | $5.48M | 27/100 |
Looking for more details on SetPoint Medical's competitors? Click here to see the top ones
SetPoint Medical's Investments and acquisitions
SetPoint Medical has made no investments or acquisitions yet.
Reports related to SetPoint Medical
Here is the latest report on SetPoint Medical's sector:
News related to SetPoint Medical
Media has covered SetPoint Medical for a total of 5 events in the last 1 year, 3 of them have been about company updates.
•
SetPoint Medical Presents 24-Month Data Showing Sustained Clinical Benefit of SetPoint System for Rheumatoid ArthritisPR Newswire•Nov 09, 2026•SetPoint Medical
•
Pilot Study Underway to Evaluate Neuroimmune Modulation Treatment for Multiple SclerosisMedical Product Outsourcing•Jul 15, 2026•SetPoint Medical
•
St. John's Regional Medical Center Becomes First in California to Offer Revolutionary Rheumatoid Arthritis DevicePR Newswire•Mar 11, 2026•SetPoint Medical, Dignity Health
•
Landmark RESET-RA Study Published in Nature Medicine Demonstrates Durable Efficacy and Safety of the SetPoint System for Rheumatoid ArthritisBusiness Wire•Jan 05, 2026•SetPoint Medical
•
SetPoint Medical Announces CMS Transitional Pass-Through Payment Approval for the SetPoint System, the Breakthrough Neuroimmune Modulation PlatformBusiness Wire•Nov 24, 2025•SetPoint Medical
•
Rheumatoid arthritis filled her life with pain. This implant set her free : Shotshttps://www.realnewshub.com/•Sep 22, 2025•SetPoint Medical
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SetPoint Medical Raises $140M to Commercialize Rheumatoid Arthritis TherapyHIT Consultant•Aug 12, 2025•SetPoint Medical, Ally Bridge Group, Elevage Medical Technologies, Norwest Venture Partners and 3 others
•
SetPoint Medical Receives FDA Approval for Rheumatoid Arthritis TherapyBusiness Wire•Jul 31, 2025•SetPoint Medical
•
SetPoint Medical has filed a notice of an exempt offering of securities to raise $114,999,987.54 in New Equity Investment.https://www.intelligence360.news/•Apr 23, 2025•SetPoint Medical
•
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