Intracept by Boston Scientific

General Information
Company Name
Intracept by Boston Scientific
Founded Year
2006
Location (Offices)
Minneapolis, United States +2
Founders / Decision Makers
Number of Employees
206
Industries
Biotechnology, Health Care
Funding Stage
Series G
Social Media

Intracept by Boston Scientific - Company Profile

Relievant Medsystems, Inc., founded in 2006 and headquartered in the United States, is a leading medical device company in the biotechnology and healthcare industries, with offices in Minneapolis, MN, and Sunnyvale, CA. The company focuses on developing innovative solutions to enhance the quality of life for millions of patients suffering from chronic vertebrogenic low back pain. Its flagship product, the Intracept® System, is a minimally invasive procedure that delivers targeted energy into the spine, effectively blocking the transmission of pain signals from the basivertebral nerve. This pioneering approach provides spine surgeons and interventional spine physicians with a clinically proven method for long-lasting pain relief. The company recently secured a substantial $50.00M Series G investment on 27th March 2023, attracting support from prominent investors including New Enterprise Associates, Canaan Partners, Lightstone Ventures, Morgenthaler Ventures, Ally Bridge Group, Endeavour Vision, and Vensana Capital. This sizable investment underscores strong investor confidence in Relievant Medsystems' innovative technology and its potential to revolutionize the treatment of chronic vertebrogenic low back pain, addressing a significant unmet medical need in the healthcare market. With its compelling value proposition and support from reputable investors, Relievant Medsystems is well-positioned for growth and continued impact in the healthcare industry.

Taxonomy: medical device, spine, chronic pain, minimally invasive, interventional spine, vertebrogenic low back pain, pain relief, spine surgeons, nervous system, innovation

Funding Rounds & Investors of Intracept by Boston Scientific (9)

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Funding Stage Amount No. Investors Investors Date
Series G $50.00M 7 27 Mar 2023
Series F $70.00M 6 29 Oct 2020
Series E $58.00M 5 RK Mellon 26 Jun 2018
Series D $36.00M 4 11 Oct 2016
Debt Financing $1.50M - 22 Dec 2015

View All 9 Funding Rounds

Latest News of Intracept by Boston Scientific

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