ONWARD Medical

ONWARD Medical

ONWD.BR
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Private Company

Total funding raised: $92M

Market Cap: $227.7MFounded: 2014Employees: 100-250HQ: Eindhoven, Netherlands

Overview

ONWARD Medical is a commercial-stage medical device company with a mission to enable people with spinal cord injury to enjoy life through its ARC neurostimulation platform. Its lead product, the ARC EX System, is FDA-cleared and CE-marked to improve hand and arm function, supported by pivotal trial data published in Nature Medicine. The company's strategy leverages a dual-platform approach—non-invasive and implantable—to address a wide spectrum of SCI-related deficits, including mobility, blood pressure regulation, and bladder control, positioning it at the forefront of a transformative shift in neurological rehabilitation.

Spinal Cord InjuryNeurological Disorders

Technology Platform

The ARC platform delivers targeted, programmed electrical stimulation to the spinal cord via non-invasive (transcutaneous) and implantable (epidural) systems to modulate neural circuits and restore motor, sensory, and autonomic functions.

Funding History

3
Total raised:$92M
IPOUndisclosed
Series C$60M
Series B$32M

Company Timeline

2014Founded

Founded in Eindhoven, Netherlands

2020Series B

Series B: $32.0M

2021IPO

Initial Public Offering

2021Series C

Series C: $60.0M