Checkpoint Surgical, Inc., a Cleveland OH-based medical device company with proprietary neurostimulation technology for nerve protection and repair, raised $16M in equity funding.
The round was led by River Cities Capital with participation from Mutual Capital Partners, JumpStart NEXT Fund, First Analysis, and several other investors.
The company intends to use the funds for sales force expansion and multiple new product launches, including the recently acquired NeuroShield nerve wrap, as well as continue to conduct research and development activities.
Led by President & CEO Len Cosentino, Checkpoint Surgical is a medical device company that works alongside surgeons to advance the science and practice of peripheral nerve care through research, education and innovative product development. Its nerve stimulation devices inform intraoperative decision making to allow surgeons to safely and effectively protect, assess and repair motor nerves during surgery.
FinSMEs
24/08/2021