Mainstay Medical

Mainstay Medical

MSTY
Dublin, Ireland· Est.
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Private Company

Total funding raised: $105M

Founded: 2008HQ: Dublin, Ireland

Overview

Mainstay Medical is a commercial-stage medical device company with a mission to transform the treatment of chronic low back pain through its proprietary Restorative Neurostimulation™ platform. Its core achievement is the development and regulatory approval of the ReActiv8® system, which received FDA De Novo clearance in 2021 and CE Mark in 2016, establishing a new therapeutic category. The company's strategy is built on generating robust, long-term clinical evidence to drive physician adoption and secure reimbursement, targeting a vast and underserved patient population. Mainstay is now focused on scaling commercial operations in the US and Europe to capture this significant market opportunity.

Chronic PainNeuroscience

Technology Platform

Restorative Neurostimulation™ platform, an implantable system that delivers electrical pulses to re-activate and rehabilitate the multifidus muscle to treat chronic low back pain.

Funding History

4
Total raised:$105M
Series D$45M
Series C$30M
Series B$20M
Series A$10M

Company Timeline

2008Founded

Founded in Dublin, Ireland

2018Series C

Series C: $30.0M

2020Series D

Series D: $45.0M