Mainstay Medical Overview

  • Year Founded
  • 2008

Year Founded

  • Status
  • Private

  • Employees
  • 154

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $121M

  • Investors
  • 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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 2159 India Street
  • Suite 200
  • San Diego, CA 92101
  • United States
+1 (877)
Primary Industry
Therapeutic Devices
Vertical(s)
Corporate Office
  • 2159 India Street
  • Suite 200
  • San Diego, CA 92101
  • United States
+1 (877)

Mainstay Medical Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view Mainstay Medical’s complete valuation and funding history, request access »

Mainstay Medical Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a medical device company intended to develop therapies for chronic low back pain. The company offers FDA-app
Therapeutic Devices
San Diego, CA
154 As of 2025

Valencia, CA
 

Carlsbad, CA
 
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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
You’re viewing 5 of 15 competitors. Get the full list »

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
To view Mainstay Medical’s complete patent history, request access »

Mainstay Medical Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
You’re viewing 5 of 13 investors. Get the full list »

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

Rank

Percentile

Medical Devices

Subindustry

Rank

Percentile

To view Mainstay Medical’s complete esg history, request access »

Mainstay Medical FAQs

  • When was Mainstay Medical founded?

    Mainstay Medical was founded in 2008.

  • Where is Mainstay Medical headquartered?

    Mainstay Medical is headquartered in San Diego, CA.

  • What is the size of Mainstay Medical?

    Mainstay Medical has 154 total employees.

  • What industry is Mainstay Medical in?

    Mainstay Medical’s primary industry is Therapeutic Devices.

  • 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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