Mainstay Medical Overview
- Year Founded
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2008

- Status
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Private
- Employees
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154

- Latest Deal Type
-
Series B
- Latest Deal Amount
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$121M
- Investors
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13
Mainstay Medical General Information
Description
Operator of a medical device company intended to develop therapies for chronic low back pain. The company offers FDA-approved restorative treatment for mechanical chronic low back pain that helps restore muscle control and improve function in the lumbar spine, enabling patients to improve their quality of life.
Contact Information
Website
www.mainstaymedical.comCorporate Office
- 2159 India Street
- Suite 200
- San Diego, CA 92101
- United States
Corporate Office
- 2159 India Street
- Suite 200
- San Diego, CA 92101
- United States
Mainstay Medical Timeline
Mainstay Medical Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
13. Later Stage VC (Series B) | 26-Feb-2024 | $121M | Completed | Generating Revenue | ||
12. Debt - General | 09-Sep-2022 | Completed | Generating Revenue | |||
11. General Corporate Purpose | 20-Apr-2021 | Completed | Generating Revenue | |||
10. Later Stage VC | 16-Feb-2021 | Completed | Generating Revenue | |||
9. 2PO | 31-Oct-2019 | Completed | Generating Revenue | |||
8. PIPE | 15-Feb-2018 | Completed | Generating Revenue | |||
7. PIPE | 15-May-2017 | Completed | Clinical Trials - Phase 1 | |||
6. PIPE | 17-Jun-2016 | Completed | Clinical Trials - Phase 1 | |||
5. IPO | 29-Apr-2014 | $24.9M | $73.5M | Completed | Clinical Trials - Phase 1 | |
4. Later Stage VC | 03-Apr-2014 | $21.8M | $48.6M | Completed | Generating Revenue |
Mainstay Medical Comparisons
Industry
Financing
Details
Mainstay Medical Competitors (15)
One of Mainstay Medical’s 15 competitors is Advanced Bionics, a Formerly VC-backed company based in Valencia, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Advanced Bionics | Formerly VC-backed | Valencia, CA | ||||
Nalu Medical | Venture Capital-Backed | Carlsbad, CA | ||||
Kardium | Venture Capital-Backed | Burnaby, Canada | ||||
CardioFocus | Venture Capital-Backed | Marlborough, MA | ||||
Nvision | Venture Capital-Backed | San Antonio, TX |
Mainstay Medical Patents
Mainstay Medical Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20230398346-A1 | Fatigue-resistant electrostimulation leads and methods of use thereof | Pending | 09-Jun-2022 | ||
US-20230302274-A1 | Systems and methods for extracting an electrode lead | Pending | 22-Mar-2022 | ||
AU-2020200328-A1 | Systems and methods for enhancing function of spine stabilization muscles associated with a spine surgery intervention | Pending | 31-Jan-2019 | ||
ES-2874126-T3 | Systems to restore muscle function in the lumbar spine and kits for its implantation | Active | 05-Jul-2016 | ||
EP-3481493-A1 | Systems and methods for restoring muscle function to the lumbar spine and kits for implanting same | Active | 05-Jul-2016 | A61N1/0558 |
Mainstay Medical Signals
Mainstay Medical Investors (13)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Gilde Healthcare | Venture Capital | Minority | ||
KCK MedTech | Venture Capital | Minority | ||
Perceptive Advisors | Venture Capital | Minority | ||
Viking Global Investors | Asset Manager | Minority | ||
Ally Bridge Group | PE/Buyout | Minority |
Mainstay Medical ESG
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
Rank
Percentile

Healthcare
Industry
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Medical Devices
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Mainstay Medical FAQs
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When was Mainstay Medical founded?
Mainstay Medical was founded in 2008.
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Where is Mainstay Medical headquartered?
Mainstay Medical is headquartered in San Diego, CA.
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What is the size of Mainstay Medical?
Mainstay Medical has 154 total employees.
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What industry is Mainstay Medical in?
Mainstay Medical’s primary industry is Therapeutic Devices.
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Is Mainstay Medical a private or public company?
Mainstay Medical is a Private company.
-
What is Mainstay Medical’s current revenue?
The current revenue for Mainstay Medical is
. -
How much funding has Mainstay Medical raised over time?
Mainstay Medical has raised $457M.
-
Who are Mainstay Medical’s investors?
Gilde Healthcare, KCK MedTech, Perceptive Advisors, Viking Global Investors, and Ally Bridge Group are 5 of 13 investors who have invested in Mainstay Medical.
-
Who are Mainstay Medical’s competitors?
Advanced Bionics, Nalu Medical, Kardium, CardioFocus, and Nvision are some of the 15 competitors of Mainstay Medical.
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