Nevro

Medical Devices & EquipmentSeries CRedwood City, USnevro.com

Latest round

Series C

Last raised

Mar 2013

Total raised

$140M

Investors

11

About Nevro

Nevro Corp.Founded in 2006 and headquartered in Redwood City, US, Nevro Corp. focuses on developing innovative spinal cord stimulation systems.P. Morgan serving as joint bookrunners.Nevro Corp. specializes in innovative spinal cord stimulation (SCS) systems, particularly through its flagship product, HFX AdaptivAI™. This advanced system integrates artificial intelligence with evidence-based practices to provide responsive pain relief for patients experiencing chronic pain conditions, such as non-surgical back pain and painful diabetic neuropathy. Released with a focus on individualized patient care, HFX AdaptivAI™ utilizes real-time data insights and proactive remote monitoring to adapt treatment based on patient feedback and pain management progress. The company primarily serves healthcare providers, including pain management specialists and neurosurgeons, as well as directly impacting patients seeking relief from chronic pain.Nevro Corp. generates revenue through the sale of its SCS systems, including the HFX AdaptivAI™ and related components that support chronic pain management.13 mn. The transaction structure typically involves direct sales to healthcare providers and institutions, with potential ongoing revenue from product consumables and support services.Nevro Corp. is strategically focused on launching its upcoming products, including extensions to the HFX AdaptivAI™ line, which are anticipated to enhance the treatment options for chronic pain management. The company is also planning to expand into new geographic markets, particularly targeting regions in Europe and Australia by 2025.

Who invested in Nevro

11 investors across 5 rounds

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Funding rounds

  1. Series C

    Mar 7, 2013

    Amount

    $48M

    Investors

    Locked

  2. Series B

    Jul 15, 2011

    Amount

    $59M

    Investors

    Locked

  3. Series A

    Aug 26, 2008

    Amount

    $22M

    Investors

    Locked

  4. Series A

    Dec 4, 2006

    Amount

    $5.5M

    Investors

    Locked

  5. Seed

    Jun 1, 2006

    Amount

    $5.5M

    Investors

    Locked

Questions about Nevro

Who invested in Nevro?

Nevro has 11 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Nevro raised?

Nevro has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Nevro last raise money?

Nevro's most recent round on record is a Series C, in Mar 2013.

What does Nevro do?

Nevro is a medical devices & equipment company.

Where is Nevro headquartered?

Nevro is headquartered in Redwood City, US.

Which VCs invest in companies like Nevro?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Nevro's stage. Their profiles are linked below.

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