Last deal

$46M

Amount

Venture - Series Unknown

Stage

27.03.2023

Date

3

all rounds

$269.55M

Total amount

date founded

Financing round

General

About Company
Relievant provides low-risk therapy to alleviate back pain.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2006

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The Minneapolis and Sunnyvale-based medical device company, Relievant, has developed the Intracept® System, a minimally invasive procedure that uses radio-frequency energy to block pain signals from the basivertebral nerve and provide durable pain relief for chronic vertebrogenic low back pain. Founded in 2006, Relievant aims to improve the quality of life for millions of patients suffering from back pain by providing spine surgeons and interventional spine physicians with a new way to treat their patients.
Contacts

Contact Email

Phone number

Social url

Similar Companies
945
Zenflow

Zenflow

Zenflow offers a better solution for men suffering from BPH symptoms.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Location

South San Francisco, CA, USA

total rounds

6

total raised

$56.07M
DFine

DFine

DFine is a medical device company that provides innovative therapy for managing compression fractures of the spine.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Location

San Jose, CA, USA

total rounds

8

total raised

$129.84M
NxThera

NxThera

NxThera develops medical technologies to treat endourology conditions, including BPH.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical, Medical Device

Location

Maple Grove, MN, USA

total rounds

8

total raised

$123.49M
TherOx

TherOx

TherOx is a medical device company that elevates the standard of care for heart attack patients.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Medical

Location

Irvine, CA, USA

total rounds

7

total raised

$87.08M
M&A Details
1

Acquired by

Boston Scientific

announced date

19.09.2023

price

$850M

Financials

Funding Rounds
9
3

Number of Funding Rounds

$269.55M

Money Raised

Their latest funding was raised on 27.03.2023. Their latest investor Canaan Partners. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Ally Bridge Group

Ally Bridge Group

Ally Bridge Group is a global healthcare-focused investment group.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Finance

Location

Hong Kong Island, Hong Kong

count Of Investments

75

count Of Exists

4
Vensana Capital

Vensana Capital

Vensana Capital is a healthcare-focused venture capital investment firm with a focus on medical technology breakthroughs.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Health Care, Venture Capital, Financial Services

Location

Minneapolis, MN, USA

count Of Investments

22

count Of Exists

3
Endeavour Vision

Endeavour Vision

Endeavour Vision is a private equity firm that invests in growth-stage MedTech and digital health companies.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Location

Geneva, Switzerland

count Of Investments

64

count Of Exists

13
Co-Investors
Investors
11
2

Number of lead investors

11

Number of investors

Investor 
Lead 
Round 
Partners 
No
Series E, Venture - Series Unknown
No
Venture - Series Unknown
Yes
Venture - Series Unknown
Canaan Partners

Canaan Partners

Canaan Partners is an early stage venture capital firm.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Menlo Park, CA, USA

count Of Investments

620

count Of Exists

138
Vensana Capital

Vensana Capital

Vensana Capital is a healthcare-focused venture capital investment firm with a focus on medical technology breakthroughs.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Health Care, Venture Capital, Financial Services

Location

Minneapolis, MN, USA

count Of Investments

22

count Of Exists

3
Ally Bridge Group

Ally Bridge Group

Ally Bridge Group is a global healthcare-focused investment group.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Finance

Location

Hong Kong Island, Hong Kong

count Of Investments

75

count Of Exists

4
Kevin Reilly

Kevin Reilly

Kevin became a member of the board of directors in 2017. He is a Vice President for CRG, which he joined in 2014. Kevin’s primary focus at CRG is identifying and assessing new investment opportunities and managing/operating existing portfolio companies. Kevin has been particularly active within medical devices, amongst other healthcare sectors, and specifically spine and orthopedic investments. Prior to CRG, Kevin worked within Stifel’s Healthcare Investment Banking Group – focusing on raising capital for healthcare companies, through IPOs, follow-on equity and credit offerings. He also advised on numerous M&A transactions totaling to several billion dollars in transaction value. Kevin graduated from the Robert H. Smith School of Business at the University of Maryland with a Bachelor of Science in Finance and Information Systems.

current job

CRG
CRG

People

Founders
4
Richard Pellegrino
Richard Pellegrino

Richard Pellegrino

Rich Pellegrini is the Sr. Product Manager for IoT at iBasis and is an experienced veteran in the telecommunications industry. Rich is co-founder of the iBasis Global Access for Things solution and was instrumental in establishing iBasis’ IoT strategy upon joining the company. He is responsible for iBasis’ IoT Product definition and Partner strategy. Prior to iBasis, Rich held product and strategy roles at AT&T, NMS Communications and General Dynamics C4 Systems.

current job

iBasis
iBasis

organization founded

1

Richard Pellegrino

Rex Peters

Founder & Chief Operating Officer at Relievant Medsystems.

current job

Relievant Medsystems
Relievant Medsystems

organization founded

1

Rex Peters

Samit Patel
Samit Patel

Samit Patel

current job

Relievant Medsystems
Relievant Medsystems

organization founded

1

Samit Patel

Jim Peacock
Jim Peacock

Jim Peacock

Jim Peacock is the CEO at Nocira.

current job

NOCIRA
NOCIRA

organization founded

2

Jim Peacock

Employee Profiles
25

Tyler Binney

President & CEO

Neil Sasaki

Principal engineer

Vera Gattenberger

Project coordinator

Brian Brekke

Territory manager

Brad Guess

Territory manager

Hmcc Bryenne Albright

Senior commercial events coordinator

Bryenne Albright

Senior commercial events coordinator

Patrick Lyon

Vice President, Marketing

Activity

Recent News
7
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month