SetPoint Medical
Surgical Instruments & Devices · Biomedical Engineering
$289.9Mtotal raised · 6 rounds on record
1open role
$115.5Mlatest round · Venture round · Mar 2025 · 19 mo ago
3backers · Lightstone Ventures, NEA
Overview
TRANSFORM THE TREATMENT OF RHEUMATOID ARTHRITIS. The convergence of extraordinary advances in immunology, neuroscience, and engineering have resulted in the development of an entirely new treatment approach for rheumatoid arthritis: Neuroimmune Modulation.
Funding and backers
Total raised
$289.9M
6 rounds on record
Latest round
$115.5M
Venture round · Mar 2025 · 19 mo ago
Team
73
US Form 5500 (plan participants) · Dec 2024
Hiring now
5
+3 posted in 30 days
Backers
3
Lightstone Ventures, NEA
The money's age
Due for its next round
19 months since the last round · and hiring
Momentum
39/100
hiring for its size, in the news
Last sign of life
1 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Mar 27, 2025
Raised a round Venture round $115.5M · SEC Form D
Jun 11, 2023
New executive SetPoint Medical Appoints Rohan Seth as Chief Financial Officer · businesswire.com
Jan 19, 2023
Took on debt financing $65M · Nasdaq
Oct 30, 2020
Raised a round Venture round $64.4M · SEC Form D
Sep 4, 2019
Took on debt financing $15.7M · SEC Form D
Aug 13, 2018
New executive SetPoint Medical Appoints Murthy Simhambhatla as President and Chief Executive Officer · businesswire.com
Aug 28, 2017
Raised a round Venture round $30M
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Mar 2025 | $115.5M | — | SEC Form D |
| Debt Financing | Jan 2023 | $65M | — | Nasdaq |
| Venture round | Jan 2023 | $80M | — | SEC Form D |
| Venture round | Oct 2020 | $64.4M | — | SEC Form D |
| Debt Financing | Sep 2019 | $15.7M | — | SEC Form D |
| Venture round | Aug 2017 | $30M | — | fiercebiotech.com |
Registers and programsofficial lists and records that name the company
| Legal entity | SetPoint Medical Corp | SEC Form D |
Founders and leadersfrom filings, registers and the company's site
Murthy SimhambhatlaExecutive Officer, DirectorSEC Form D
David ChernoffExecutive OfficerSEC Form D
Rohan SethExecutive OfficerSEC Form D
Backed byfrom the funds' portfolios and accelerator catalogs
Lightstone Ventures 
NEA 
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Jobs
$115k – $150k per year · In office · 2+ years exp · Bachelor's Degree · Valencia
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Salary insights
Compensation ranges based on this company's open jobs
Median
$160k
Typical range
$80k – $175k
Open positions
4
3
Jobs
Junior
33.3%
Middle
33.3%
Staff
33.3%
| Level | Jobs | Median | Typical range |
|---|---|---|---|
| Junior | 1 | $80k | $80k |
| Middle | 1 | $175k | $175k |
| Staff | 1 | $150k | $150k |
Highest paying role
CRM Excellence Manager
$175k
Normalized to USD per year
Visa sponsorship
0
H-1B filings in 12 months
1
Open roles in United States
In the register as SETPOINT MEDICAL CORPORATION, Valencia, CA (+1 more)
Other sponsors in the same field
DEKA Research & Development 12 filingsAndromeda Surgical 1 filings
Medtronic 251 filings
Boston Scientific 106 filings
See 1 open role Alert me
US Department of Labor · latest filing Jun 4, 2025 · Visa details by country
Growth
Hiring Momentum
27/100
Slowing
Open positions
4
0 opened / 0 closed in 30 days
Median time-to-fill
28 days
faster than 48% of the market
ATS activity
Every ~7 hours
Today
Hiring Dynamics
0%
Hiring Focus
The percentage next to each role is its share of the company's job openings over the last 90 days; the arrow shows the shift versus the previous period.
Finance
29% ▼
Operations
29% ▲
Leadership
14% ▼
HR
14% ▲
Marketing
14% ▲
Financials
Total raised
$370.7M
Latest round
Venture - Series Unknown
Funding rounds
6
People
Murthy Simhambhatla
Executive Officer, Director
David Chernoff
Executive Officer
Rohan Seth
Executive Officer
Joe Biller
Director
Steven Winick
Director
Allan Will
Director
Hank Plain
Director
Juan-Pablo Mas
Director
Josh Makower
Director
Alan Will
Director
Colin Morrison
Director
William Dai
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data
Tech stack
Technologies named in job postings at SetPoint Medical over the last 12 months, by layer, with the share of postings for each.
Technologies in use
3
Postings analysed
5
Stack modernity
57/100
Developer tools
Microsoft Excel
Practices & domains
ISO 13485
NIST AI RMF
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Connections
List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors
Click a company to open it. Dashed lines are likely connections. The second step of the network is part of the Pro plan.
Owner
Same company
Same group
Likely
News
Global Neurosciences Institute Performs First SetPoint System Procedures in Southern New Jersey
FDA-approved neuroimmune modulation therapy is now available to eligible adults living with rheumatoid arthritis across Southern New Jersey, Delaware, and Eastern Pennsylvania. VALENCIA, Calif., September 28, 2026 - Global Neurosciences Institute (GNI), a
Read more
Report
SetPoint System Used for First Time in Pacific Northwest to Treat Patients with Rheumatoid Arthritis in Clinical Practice
Access to the first and only FDA-approved neuroimmune modulation therapy for rheumatoid arthritis continues to grow across the United States VALENCIA, Calif. - September 16, 2026 - SetPoint Medical, a commercial-stage medical technology company dedicated
Read more
Report
First Patient in Minnesota Treated with SetPoint System for Rheumatoid Arthritis
Milestone expands patient access to FDA-approved neuroimmune modulation therapy across Rochester and Minneapolis-Saint Paul metropolitan areas. VALENCIA, Calif. - September 01, 2026 - SetPoint Medical, a commercial-stage medical technology company dedicat
Read more
Report
A New Hope for Rheumatoid Arthritis Patients
Medicine in America podcast: A New Hope for Rheumatoid Arthritis Patients The post A New Hope for Rheumatoid Arthritis Patients appeared first on SetPoint Medical.
Read more
Report
Vagal Nerve Stimulation for Rheumatoid Arthritis a Year After Approval: Where Do Things Stand? MedScape
One year after the first vagus nerve stimulation device was approved for rheumatoid arthritis, patient interest is strong and providers in eight states are able to offer the therapy, but insurance coverage remains a hurdle. Read More The post Vagal Nerve
Read more
Report
Impact Of Vagus Nerve-mediated Neuroimmune Modulation On Structural Joint Protection In RA
The post Impact Of Vagus Nerve-mediated Neuroimmune Modulation On Structural Joint Protection In RA appeared first on SetPoint Medical.
Read more
Report
Vagus Nerve-Mediated Neuroimmune Modulation Translating Scientific Discovery to Therapeutic Approach
The post Vagus Nerve-Mediated Neuroimmune Modulation Translating Scientific Discovery to Therapeutic Approach appeared first on SetPoint Medical.
Read more
Report
New vitamin-sized device giving hope to rheumatoid arthritis patients Spectrum News
According to the National Library of Medicine, rheumatoid arthritis (RA) affects about 1.3 million adults in the U.S. - some put the number closer to 1.5 million. RA is an autoimmune, chronic, progressive inflammatory disease where the immune system mista
Read more
Report
Arthritis & Osteoporosis Consultants of the Carolinas Treats First Patient in North Carolina with the SetPoint System, a Device-based Treatment for Rheumatoid Arthritis
Milestone marks expansion of FDA-approved neuroimmune modulation therapy into Southeast VALENCIA, Calif. - June 29, 2026 - SetPoint Medical, a commercial-stage medical technology company dedicated to improving care for people living with chronic autoimmun
Read more
Report
This San Antonio woman is the first in Texas to receive new rheumatoid arthritis implant San Antonio Report
For nearly four decades, San Antonio resident Susan Perry struggled to manage the chronic pain from her rheumatoid arthritis, an autoimmune disease that occurs when the immune system mistakenly attacks the body's tissues and joints. Perry, now 69, was dia
Read more
Report
Show more news
Offices
Where the company hires and what each office is for
Cities
2
Hiring now
1
Countries
1
Busiest office
Valencia
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Headquarters
Builds here
Office with open vacancies
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Valencia
United States
HQ
3 open roles 6 posted in 90 days 500-1000 est. staff $133k Avg Salary
hires for Leadership, HR, Operations
Rye
United States
Regional office
SetPoint Medical
25101 Rye Canyon Loop, Valencia, CA 91355