Tech Company Financing Transactions

Nevro Funding Round

Nevro secured a $48 million Series C investment round on 3/7/2013. Investors included Novo Ventures, Accuitive Medical Ventures and Bay City Capital.

Transaction Overview

Company Name
Nevro
Announced On
3/7/2013
Transaction Type
Venture Equity
Amount
$48,000,000
Round
Series C
Investors

Novo Ventures (Lead Investor)

Accuitive Medical Ventures (John Deedrick)

Bay City Capital (Nathan Pliam)

Covidien Ventures

Johnson & Johnson Development Corporation (Rami Elghandour)

Mayo Medical Ventures

MPM Capital (James Scopa)

New Enterprise Associates

Three Arch Partners (William Harrington)

Proceeds Purpose
The funds will be used to sponsor the ongoing U.S. pivotal clinical study, invest in clinical evidence for new indications and support the company's international and U.S. commercialization plans.

Company Information

Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
1800 Bridge Pkwy.
Redwood City, CA 94065
USA
Phone
(650) 251-0005
Website
www.nevro.com
Email Address
[email protected]
Overview
Nevro (NYSE: NVRO) was established with the vision of providing unprecedented pain relief to those suffering from low back pain and other challenging types of chronic pain. Over 1.5 billion people suffer from chronic pain worldwide1, and back pain is the leading cause of disability for people under 45 years old.2
Profile
Nevro LinkedIn Company Profile
Social Media
Nevro Company Twitter Account
Company News
Nevro News
Facebook
Nevro on Facebook
YouTube
Nevro on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Keith Grossman
  Keith Grossman LinkedIn Profile  Keith Grossman Twitter Account  Keith Grossman News  Keith Grossman on Facebook
Chief Financial Officer
Rod MacLeod
  Rod MacLeod LinkedIn Profile  Rod MacLeod Twitter Account  Rod MacLeod News  Rod MacLeod on Facebook
Chief Medical Officer
David Caraway
  David Caraway LinkedIn Profile  David Caraway Twitter Account  David Caraway News  David Caraway on Facebook
Controller
Richard Carter
  Richard Carter LinkedIn Profile  Richard Carter Twitter Account  Richard Carter News  Richard Carter on Facebook
VP - General Counsel
Kashif Rashid
  Kashif Rashid LinkedIn Profile  Kashif Rashid Twitter Account  Kashif Rashid News  Kashif Rashid on Facebook
VP - R & D
Christofer Christoforou
  Christofer Christoforou LinkedIn Profile  Christofer Christoforou Twitter Account  Christofer Christoforou News  Christofer Christoforou on Facebook

 

 

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We record all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 

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