Stratus Medical

Nimbus® Advancing RF Technology for the Treatment of Pain®

General Information
Company Name
Stratus Medical
Founded Year
2019
Location (Offices)
Magnolia, United States +1
Founders / Decision Makers
Number of Employees
29
Industries
Health Care
Funding Stage
Debt Financing
Social Media

Stratus Medical - Company Profile

Stratus Medical, founded in 2020, is a pioneering health care startup based in the United States. Specializing in advancing RF technology for the treatment of pain, the company's flagship product, Nimbus®, has gained substantial industry attention. Nimbus® RF Multitined Expandable Electrode, along with its RF Generator and Probe, is designed for radiofrequency (RF) heat lesion procedures to provide patients with efficient pain relief. MedVenture Health and Wasatch Ventures recently injected $3.50M in debt financing into the company on 01 August 2023. This investment signifies a vote of confidence from prominent entities within the industry. Stratus Medical's impressive track record includes 27 issued patents and FDA clearance (class II), as well as CE marking (class IIb). With over 150,000 patient treatments across various countries, Stratus Medical is making a substantial impact in the field of chronic pain management. The company also markets complementary technology, such as Vesta®, Nimbus Probe, and Nimbus Disposable Probe, while engaging in multiple exciting development projects. This recent investment is testament to the potential of Stratus Medical's innovative approach to addressing chronic pain, signaling a promising future for the company.

Taxonomy: RF Technology, Pain Management, Medical Device, Interventional Pain Management, RF Ablation, Chronic Pain, Medical Technology

Funding Rounds & Investors of Stratus Medical (5)

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Funding Stage Amount No. Investors Investors Date
Debt Financing $3.50M 2 Wasatch Ventures 01 Aug 2023
Debt Financing $3.00M 2 Wasatch Ventures 11 Nov 2022
Debt Financing $3.00M 1 15 Jul 2021
Series A $5.76M 1 15 Jan 2020
Debt Financing $1.00M - 15 Jan 2020

Latest News of Stratus Medical

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No recent news or press coverage available for Stratus Medical.

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