NDI Medical

NDI Medical, established in 2002 and based in Cleveland, Ohio, operates as a medical device incubator specializing in neurostimulation technologies. The company is dedicated to developing high-growth enterprises that aim to address significant unmet health needs. NDI Medical's team comprises experienced entrepreneurs, scientists, and physician advisors, along with experts in clinical and regulatory affairs, product development, quality assurance, and finance. By focusing on innovative neuro-device technologies, NDI Medical seeks to advance the field of medical devices and improve therapeutic outcomes for patients.

Les Vinney

Managing Director

4 past transactions

Checkpoint Surgical

Series C in 2015
Checkpoint Surgical Inc., established in 2009 and headquartered in Cleveland, Ohio, specializes in manufacturing neuro devices for surgeons. Their primary products are CHECKPOINT 9094 and CHECKPOINT 9394, both designed to locate, identify, and evaluate motor nerve tissue and muscle function during complex surgical procedures. These devices cater to various applications such as head and neck surgeries, hand and extremities procedures, targeted muscle re-innervation, orthopedic oncology and trauma, and plastic reconstruction. The company sells its products through a network of distributors in the United States, aiming to enhance patient outcomes by providing surgeons with precise nerve stimulation and monitoring equipment.

SPR Therapeutics

Series A in 2013
SPR Therapeutics is a medical device company that develops and commercializes peripheral nerve stimulation (PNS) therapies for pain management. It focuses on non-narcotic, reversible treatments for acute and chronic pain, including post-surgical pain and neuropathic pain, as well as phantom limb and musculoskeletal pain. The SMARTPATCH PNS system provides short-term, minimally invasive nerve stimulation to relieve pain, and the portfolio includes the Micropulse implantable PNS system for longer-term therapy and Smartpatch MicroLead, a coiled-wire lead designed to promote rapid tissue ingrowth. Founded in 2009 and headquartered in Cleveland, Ohio, with additional locations in the Research Triangle area and Minneapolis, SPR Therapeutics aims to offer safe, effective, and affordable pain relief as an alternative to opioids and invasive procedures.

Deep Brain Innovations

Seed Round in 2012
Deep Brain Innovations is a medical device company that develops deep brain stimulation (DBS) systems for treating Parkinson's disease. Its DBS technology targets specific brain regions to relieve motor symptoms while reducing power consumption, potentially enabling smaller, longer-lasting implants and fewer surgical replacements. The company focuses on optimizing DBS therapy to improve efficiency and durability of implanted neurostimulation systems, helping clinicians deliver precise, energy-efficient brain stimulation. Founded in 2012 and based in Cleveland, Ohio, Deep Brain Innovations aims to provide effective, long-lasting DBS delivery that lowers patient risk and healthcare costs.

Checkpoint Surgical

Series B in 2012
Checkpoint Surgical Inc., established in 2009 and headquartered in Cleveland, Ohio, specializes in manufacturing neuro devices for surgeons. Their primary products are CHECKPOINT 9094 and CHECKPOINT 9394, both designed to locate, identify, and evaluate motor nerve tissue and muscle function during complex surgical procedures. These devices cater to various applications such as head and neck surgeries, hand and extremities procedures, targeted muscle re-innervation, orthopedic oncology and trauma, and plastic reconstruction. The company sells its products through a network of distributors in the United States, aiming to enhance patient outcomes by providing surgeons with precise nerve stimulation and monitoring equipment.
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