FundedIQ
Health Care

Nalu Medical: Funding, Investors & Team (Oct 2026)

Nalu Medical is a startup that specializes in creating various medical devices. Their goal is to enhance and update the technology within these devices, ultimately leading to a better quality of life for individuals. One of their innovations is the Nalu neurostimulation system, a small, implantable device that generates pulses without the need for a battery. This device has received FDA clearance for the treatment of chronic pain through both Spinal Cord Stimulation (SCS) and Peripheral Nerve Stimulation (PNS). Nalu Medical was established in 2014 and is located in Carlsbad, California.

nalumed.com LinkedIn Carlsbad, United States 101-250 employees
Health Care Medical Medical Device B2B B2C
Total raised
$219M
Rounds
3
Latest
Undisclosed round
Sep 2025

Nalu Medical has raised $219M across 3 funding rounds on record, the most recent an undisclosed round of $50.0M announced in Sep 2025.

That round is above the $4.9M median round size for Health Care companies tracked on FundedIQ over the last two years.

Nalu Medical Company Profile and Key Stats

Total funding raised
$219M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$50.0M in Sep 2025
Employees
101-250
reported band
Headquarters
Carlsbad, United States

Latest funding round on record: Sep 2025.

Nalu Medical Funding Rounds

Date
Round
Amount
Undisclosed round
$50.0M
Series E
$65.0M
Undisclosed round
$104M

Nalu Medical raised $104M in an undisclosed round announced in Feb 2022.

1.9 years later, a Series E of $65.0M was announced in Jan 2024.

1.7 years later, an undisclosed round of $50.0M was announced in Sep 2025.

Nalu Medical Founders and Leadership Team

Name
Role
Contact
Daniel Pivonka
Founder
Locked
Earl Fender
CEO
Locked
Thomas A. West
—
Locked

Contact details for the Nalu Medical team: 3 of 3 have an email address on file, 1 has a LinkedIn profile.

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Nalu Medical Funding Compared to Other Health Care Startups

Segment
Companies
Median round
3,659
$4.9M
30,234
$7.6M

Nalu Medical's latest round of $50.0M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.

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Nalu Medical Funding FAQs

What does Nalu Medical do?

Nalu Medical is a startup that specializes in creating various medical devices. Their goal is to enhance and update the technology within these devices, ultimately leading to a better quality of life for individuals. One of their innovations is the Nalu neurostimulation system, a small, implantable device that generates pulses without the need for a battery. This device has received FDA clearance for the treatment of chronic pain through both Spinal Cord Stimulation (SCS) and Peripheral Nerve Stimulation (PNS). Nalu Medical was established in 2014 and is located in Carlsbad, California.

How much funding has Nalu Medical raised?

Nalu Medical has raised $219M across 3 rounds on record. The most recent is an undisclosed round of $50.0M announced in Sep 2025.

When did Nalu Medical last raise funding?

Nalu Medical's most recent funding round on record is an undisclosed round of $50.0M, announced in Sep 2025.

Who founded Nalu Medical?

FundedIQ lists Daniel Pivonka (Founder) at Nalu Medical.

Who is the CEO of Nalu Medical?

Earl Fender is listed as CEO at Nalu Medical.

Where is Nalu Medical headquartered?

Nalu Medical is based in Carlsbad, California, United States.

How many employees does Nalu Medical have?

Nalu Medical is in the 101-250 employee band.

How does Nalu Medical's funding compare to other Health Care startups?

Nalu Medical's latest round of $50.0M is above the $4.9M median round size for Health Care companies on FundedIQ across 3,659 tracked companies over the last two years.

About FundedIQ's Nalu Medical Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Nalu Medical is left off this page rather than filled in.

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