What Stratus Medical does

Stratus Medical LLC is a privately held medical device company founded in 2019 and headquartered in Magnolia, Texas, that develops and commercializes radiofrequency (RF) ablation technologies for the treatment of chronic pain. Its flagship product, the NIMBUS RF Multitined Expandable Electrode, is an FDA 510(k)-cleared and CE-marked device that creates lesion volumes more than 2.5x larger than conventional 18-gauge protruding electrodes, with volumes validated up to 601 mm3 via MRI. The portfolio also includes the Vesta RF Cannula, NIMBUS Probes in reusable nitinol and disposable stainless steel variants (50mm, 100mm, and 150mm lengths), a 100+ page hardcover textbook on RFA technique, and physician-facing clinical evidence and distance learning programs. Stratus is also developing the Stratus RF Generator and the Neurovasis Basivertebral Nerve Ablation (BVNA) system for vertebrogenic low back pain, both of which are pre-FDA clearance.

Stratus generates revenue through one-time hardware sales of cleared RF electrodes and cannulas to interventional pain physicians, anesthesiologists, physiatrists, and the hospitals and ambulatory surgery centers where they perform procedures. Pricing is not publicly disclosed and is governed by U.S. federal law restricting sale to or on the order of a physician. Go-to-market combines direct U.S. field sales with exclusive international distribution partnerships, including Osteotec for the United Kingdom (April 2026) and additional distributors across Europe, Australia, and Brazil; physician education is delivered via webinars, medical conferences (WAPMU, IPSS, ASPN, ASIPP, Sociedad Española del Dolor), clinical compendium publications, and a branded textbook.

As of early 2026, the company reports over $5 million in annual operating revenue, having posted 212% revenue growth from 2020 to 2023. It raised a $10 million Series B led by Wasatch Health Partners in February 2026, on top of a prior $25 million convertible debt facility, giving it a stated capital runway of more than $35 million. The company holds a 37-patent portfolio spanning U.S. and international jurisdictions and was ranked #483 on Deloitte's Technology Fast 500 in 2024, #45 on Fortune's America's Most Innovative Companies in 2026, and recognized on Pepperdine's Most Fundable Companies (2024) and the Houston Business Journal Top 300 Private Companies (2025).

Name

Stratus Medical

Legal name

Stratus Medical LLC

Website

https://stratusmedical.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Stratus Medical is a Texas-based private medical device company that develops and sells FDA-cleared radiofrequency ablation electrodes (NIMBUS) and cannulas (Vesta) to interventional pain physicians and hospitals for chronic pain treatment, with the Stratus RF Generator and a basivertebral nerve ablation (BVNA) system in development.

Ownership category

akta.pro rank

Product category

Pain Management Medical Devices

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Surgical and Medical Instrument Manufacturing (339112), Surgical Appliance and Supplies Manufacturing (339113)

SIC

Electromedical & Electrotherapeutic Apparatus (3845), Surgical & Medical Instruments & Apparatus (3841), Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)

akta.pro primary industry

Energy-Based Surgical Devices (Electrosurgery, RF, Ultrasonic, Laser) (HLAHADAC)

akta.pro secondary industries

Pain Medicine (Interventional/Neuropathic Pain) (HLAKAIAM), Pain Management (Spine & Musculoskeletal) (HLAKALAM)

Keywords

• Radiofrequency ablation devices
• Pain management devices
• Interventional pain electrodes
• Chronic pain treatment
• Medical electrode systems

Headquarters

HQ city

Magnolia

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Marketing or Sales, Operations, Personnel, Supply Chain

Revenue model

1. Medical Device Sales: Sale of radiofrequency ablation devices including NIMBUS RF Multitined Expandable Electrode, Vesta RF Cannula, and NIMBUS Probes. Products are sold to physicians and hospitals for use in pain management procedures. FDA 510(k) cleared and CE marked products available globally.
2. Educational Materials: Sale of educational materials including a comprehensive 100+ page hardcover textbook covering radiofrequency ablation techniques using the NIMBUS Multitined Expandable Electrode.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Stratus Medical develops and sells radiofrequency ablation (RFA) medical devices for chronic pain treatment, with the NIMBUS RF Multitined Expandable Electrode as its flagship product. The portfolio includes the NIMBUS electrode, NIMBUS Probes (reusable nitinol and disposable stainless steel variants in 50mm, 100mm, and 150mm lengths), and the Vesta RF Cannula. The company is also developing the Stratus RF Generator and the Neurovasis Basivertebral Nerve Ablation (BVNA) system for vertebrogenic low back pain.

Product overview

Stratus Medical is a medical device company that offers a unified portfolio of radiofrequency (RF) ablation products for chronic pain treatment. The core offering centers on the NIMBUS® RF Multitined Expandable Electrode system, which includes the NIMBUS electrode, NIMBUS Probe (available in reusable nitinol and disposable stainless steel variants in 50mm, 100mm, and 150mm lengths), and the Vesta RF Cannula. The company is also developing the Stratus RF Generator and Neurovasis BVNA system as next-generation technologies targeting vertebrogenic back pain. These products work together as an integrated RF ablation platform enabling physicians to perform procedures across the spine, sacrum, knee, hip, and other joint areas.

Differentiator

Problem solved

Functional benefit

Brands

• NIMBUS: NIMBUS RF Multitined Expandable Electrode - flagship product for radiofrequency ablation treatment of chronic pain
• Vesta
• NIMBUS Probe

Products and services

• NIMBUS RF Multitined Expandable Electrode The flagship radiofrequency ablation electrode that creates a large volume lesion (more than 2.5x the lesion volume of 18g protruding electrodes, validated up to 601 mm3 via MRI). It enables both perpendicular and down-the-beam placement and is used for chronic pain treatment in the spine, sacrum, knee, hip, and other areas of the body. Targeted at interventional pain physicians, anesthesiologists, and physiatrists performing RFA procedures.
• NIMBUS Probe RF probe designed for use with the NIMBUS electrode system, available in both reusable nitinol and disposable stainless steel variants in 50mm, 100mm, and 150mm lengths for radiofrequency ablation procedures.
• Vesta RF Cannula RF cannula designed to work with the NIMBUS system for radiofrequency ablation procedures, intended for interventional pain physicians and pain management facilities.
• Stratus Medical RF Generator Radiofrequency generator under development to power the NIMBUS electrode system for RFA treatments. Not yet FDA cleared as of available evidence.
• Neurovasis Basivertebral Nerve Ablation (BVNA) System Technology targeting the basivertebral nerve for treatment of vertebrogenic low back pain, intended for patients suffering from chronic pain affecting over 5 million people in the U.S. Currently under development with clinical trials planned.

Quantifiable outcome

• 2.5x lesion volume compared to 18g protruding electrode
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• OsteoteccoreChannel Partner/ Reseller/ Distributor · 16 April 2026Osteotec, a UK-based manufacturer and distributor of specialized medical devices headquartered in Newbury, entered into an exclusive distribution agreement with Stratus Medical to supply the US company's portfolio of radiofrequency (RF) technologies for pain management across the United Kingdom. Under the agreement, Osteotec distributes Stratus Medical's flagship NIMBUS RF Multitined Expandable Electrode and additional RF solutions, strengthening Osteotec's portfolio of advanced interventional and surgical solutions. The partnership provides Stratus Medical with access to the UK market through Osteotec's established relationships within public and private healthcare settings.
• MBA Surgical EmpowermentminorChannel Partner/ Reseller/ Distributor · 30 May 2025Stratus Medical supported MBA Surgical Empowerment's work at the 21st Congress of the Sociedad Española del Dolor held at the Palacio de Ferias y Congresos de Málaga, España, May 28th-30th. Will Pankey, VP of Sales at Stratus Medical, attended to support MBA's activities at the event. MBA operates as a distribution partner for Spanish market.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Boston Scientific: Acquired Relievant Medsystems (Intracept BVNA) in 2023 and Cosman RF ablation in 2015, directly competing in both vertebrogenic nerve ablation and conventional RF pain electrodes. As a multi-billion-dollar interventional pain player, it is the most consequential incumbent Stratus will face in both its current and pipeline markets.
• Abbott: Sells NeuroTherm and other RF generators and electrodes for interventional pain management. Comparable because it offers overlapping RFA capital equipment and disposable electrodes sold to the same pain physician customer base.
• Medtronic: Markets radiofrequency generators and pain management devices (e.g., for facet and SI joint denervation). Competes with Stratus in conventional RFA hardware and disposables sold to interventional pain specialists and hospitals.
• Stryker: Sells interventional pain products including RF ablation equipment through its Instruments and Spine divisions. A larger incumbent with overlapping capital equipment, electrodes, and procedural consumables used by pain physicians.
• Merit Medical Systems: Manufactures and sells radiofrequency ablation generators and electrodes across multiple specialties including pain management. Comparable in product category (RF generators + disposable electrodes) and in selling motion to interventional pain physicians.

Direct peers

• Avanos Medical: Dedicated interventional pain management company (formerly Halyard/Codman pain franchise) selling RF generators and electrodes. Directly competes with NIMBUS on chronic pain RFA consumables in the same physician and ASC customer segment.
• Relievant Medsystems: Developer of the Intracept basivertebral nerve ablation system for vertebrogenic low back pain, now owned by Boston Scientific. The single most direct competitor to Stratus's Neurovasis BVNA pipeline product in the same target indication and patient population.

Emerging players

• Saluda Medical: Developer of the Evoke closed-loop spinal cord stimulation system for chronic neuropathic pain. Competes for the same pain physician's procedural slots and hospital budgets with an alternative neuromodulation modality to RF ablation.
• Mainstay Medical: Commercializes the ReActiv8 restorative neurostimulation system for chronic mechanical low back pain. Comparable as a growth-stage neuromodulation device company targeting adjacent chronic pain indications.
• Curonix: Develops peripheral nerve stimulation (PNS) systems for chronic pain. Comparable as a smaller, privately held neuromodulation device company competing for the same interventional pain specialist's procedural volume.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/stratusmedicalllc
• LinkedInlinkedin.com/company/stratusmedical
• Instagraminstagram.com/stratus.med/?hl=en
• Xx.com/stratusmed

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds6 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stratus Medical