Saluda
IPOHomepage - Saluda Medical US
Public · Macquarie Park, Australia · Founded 2011 · $375.0M raised
- Headquarters
- Macquarie Park
- Founded
- 2011
- Business Model
- B2B
- Website
- saludamedical.com
- Total Funding
- $375.0M
- Last Round
- $100.0M Growth EquityJan 2025
- Rounds
- 5
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Saluda Medical develops the Evoke® System, the world's first closed-loop spinal cord stimulation (SCS) platform for chronic pain treatment. Founded in 2011 in Australia, the company pioneered Evoked Compound Action Potential (ECAP) sensing technology that objectively measures the spinal cord's neural response to stimulation and automatically adjusts therapy on every pulse — replacing open-loop guesswork with precise, biomarker-driven neuromodulation. The Evoke System received FDA premarket approval in 2022 and the EVA automated programming platform launched in the US in 2025. With over $664M raised and clinical results published in The Lancet Neurology and JAMA Neurology, Saluda is redefining the standard of care for intractable chronic pain of the trunk and limbs.
Summary
Saluda is a Biotech company based in Macquarie Park, Australia, founded in 2011. It has raised $375.0M in total across 5 rounds, most recently a $100.0M Growth Equity round in Jan 2025. Investors include Wellington Management, Redmile Group and Boston Scientific Corporation.
Tech & App Stack
3 technologies & apps tracked
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Funding & Exit History
Dec 2025
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Funding: Series A through Growth Equity. Amounts, valuations, and investors where available.
Investors
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