Startup
Sector:
MedTech
SetPoint Medical
completed $115 million Series D Round funding. Investors include
Elevage Medical Technologies (lead), Ally Bridge Group (lead), Norwest Venture Partners, New Enterprise Associates, Morgenthaler, Euclidean Capital, Catalio Capital Management, Action Potential Venture Capital, SPRIG Equity, Ascendum Capital, ShangBay Capital, Viking Global Investors.
"We are pleased to share these strategic milestones underpinning our commitment to a successful and seamless market launch for the SetPoint System in select U.S. markets this year, with broader national expansion in 2026," added Murthy V. Simhambhatla, Ph.D., CEO of SetPoint Medical. "We are thrilled to welcome an outstanding group of new investors to our exceptional syndicate."
About
SetPoint Medical is a commercial-stage medical technology company dedicated to improving care for people living with chronic autoimmune diseases. The company’s FDA-approved SetPoint System is the first neuroimmune modulation therapy available for people living with rheumatoid arthritis (RA), offering a novel, device-based alternative for those who do not respond to or cannot tolerate biologic or targeted drug therapies. SetPoint’s proprietary integrated neurostimulation platform is designed to activate innate anti-inflammatory pathways in the vagus nerve to reduce inflammation and restore immunologic setpoint. With a vision to redefine the care of autoimmune conditions, SetPoint is also planning to evaluate its platform technology for other conditions including multiple sclerosis and Crohn’s disease.
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