/Companies

SANUWAVE Health

NASDAQ: SNWV

Eden Prairie, US · Nevada corporation

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Sanuwave develops FDA-cleared wound care technology that delivers ultrasound through a saline mist to promote tissue healing. Its products serve clinicians and patients managing chronic and acute wounds.

Founders & leadership

PS
Peter SteganoExecutive
AW
Andrew WalkoExecutive
PS
Peter SorensenExecutive
ICIulian Cioanta
Iulian CioantaExecutiveIulian Cioanta has over 25 years of experience in medical device and biotechnology development across urology, cardiology, orthopedics, and wound care, including roles as project manager, R&D director, and executive officer at companies ranging from startups to large corporations, and holds 121 issued patents. He has led product development, regulatory submissions, and clinical trials for FDA-regulated Class I, II, and III medical devices, and previously spent 8 years in academic research.
LE
Lisa E. SundstromExecutive
JC
Joseph ChiarelliExecutive
BJ
Barry J. JenkinsExecutive
MFMorgan Frank
Morgan FrankChief Executive Officer, Chairman of the BoardMorgan Frank is Chief Executive Officer and Chairman of SANUWAVE Health, which develops FDA-cleared ultrasound-based wound care technology. He has experience as an investor and board member across small companies and ventures.
DCDaniel Coyle
Daniel CoyleChief Operating Officer

Board

KA
Kevin A. Richardson, IIBoard director
JF
John F. NemelkaBoard director
KA
Kevin A RichardsonBoard director

Reported raises · per SEC filings

Form D private placements

$70.2M disclosed across 13 rounds · 2013–2024

▶$1.8MraisedJul 2024 · 9 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter SteganoExecutive Officer
  • Andrew WalkoExecutive Officer
  • A. Michael StolarskiDirector
  • Morgan C. FrankDirector, Executive Officer
  • Peter SorensenExecutive Officer
  • Jeff BlizardDirector
  • Kevin A. Richardson IIDirector
  • Ian MillerDirector
  • James TylerDirector
  • Iulian CioantaExecutive Officer
Offering amount
$1.8M
Amount sold
$1.8M
First sale
Jun 2024
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.6MraisedFeb 2024 · 19 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Iulian CioantaExecutive Officer
  • Toni RinowExecutive Officer
  • Andrew WalkoExecutive Officer
  • Kevin A. Richardson IIDirector, Executive Officer
  • Morgan C. FrankDirector, Executive Officer
  • Peter SteganoExecutive Officer
  • A. Michael StolarskiDirector
  • Ian MillerDirector
  • Jeff BlizardDirector
  • James TylerDirector
Offering amount
$4.6M
Amount sold
$4.6M
First sale
Jan 2024
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.9MraisedJan 2024 · 15 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • James TylerDirector
  • Jeff BlizardDirector
  • A. Michael StolarskiDirector
  • Toni RinowExecutive Officer
  • Peter SteganoExecutive Officer
  • Kevin A. Richardson IIDirector, Executive Officer
  • Ian MillerDirector
  • Morgan C. FrankDirector, Executive Officer
  • Andrew WalkoExecutive Officer
  • Iulian CioantaExecutive Officer
Offering amount
$1.9M
Amount sold
$1.9M
Finders' fees
$36.3K
Placement agents
Founding Asset Management Limited
First sale
Dec 2023
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3MraisedAug 2023 · 17 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • James TylerDirector
  • Toni RinowExecutive Officer
  • Morgan FrankDirector, Executive Officer
  • Iulian CioantaExecutive Officer
  • Ian MillerDirector
  • Peter SteganoExecutive Officer
  • Andrew WalkoExecutive Officer
  • Jeff BlizardDirector
  • A. Michael StolarskiDirector
  • Kevin A Richardson IIDirector, Executive Officer
Offering amount
$3M
Amount sold
$3M
Finders' fees
$70.9K
Placement agents
Founding Asset Management Limited
First sale
Jul 2023
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.2MraisedMay 2023 · 11 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Lisa SundstromExecutive Officer
  • A. Michael StolarskiDirector
  • Jeff BlizardDirector
  • Toni RinowExecutive Officer
  • Morgan FrankDirector
  • Kevin Richardson IIDirector, Executive Officer
  • James TylerDirector
  • Iulian CioantaExecutive Officer
  • Ian MillerDirector
  • Peter SteganoExecutive Officer
Offering amount
$1.2M
Amount sold
$1.2M
First sale
May 2023
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4MraisedDec 2022 · 32 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • John SchlechtwegExecutive Officer
  • Kevin Richardson IIExecutive Officer, Director
  • Peter StegagnoExecutive Officer
  • A. Michael StolarskiDirector
  • Lisa SundstromExecutive Officer
  • Jeff BlizardDirector
  • Jim TylerDirector
  • Iulian CioantaExecutive Officer
  • Toni RinowExecutive Officer
  • Ian MillerDirector
Offering amount
$4M
Amount sold
$4M
First sale
Nov 2022
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$16.2MraisedAug 2022 · 46 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ian MillerDirector
  • Iulian CioantaExecutive Officer
  • Toni RinowExecutive Officer
  • John SchlechtwegExecutive Officer
  • Kevin Richardson IIExecutive Officer, Director
  • Peter StegagnoExecutive Officer
  • Lisa SundstromExecutive Officer
  • Jim TylerDirector
  • A. Michael StolarskiDirector
  • Jeff BlizardDirector
Offering amount
$16.2M
Amount sold
$16.2M
Sales commissions
$1.1M
Placement agents
The Benchmark Company, LLC
First sale
Aug 2022
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$24.7MraisedAug 2020 · 46 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Iulian CioantaExecutive Officer
  • Lisa A SundstrumExecutive Officer
  • Maj-Britt KaltoftDirector
  • Kevin RichardsonExecutive Officer
  • Michael A StolarskiDirector
  • Thomas PriceDirector
  • John F NemelkaDirector
  • Alan L RubinoDirector
  • Peter StegagnoExecutive Officer
Offering amount
$24.7M
Amount sold
$24.7M
Sales commissions
$3.2M
Placement agents
LAKE STREET CAPITAL MARKETS, LLC, H.C.WAINWRIGHT & CO., LLC
First sale
Aug 2020
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does SANUWAVE Health do?
Sanuwave develops FDA-cleared wound care technology that delivers ultrasound through a saline mist to promote tissue healing. Its products serve clinicians and patients managing chronic and acute wounds.
How much funding has SANUWAVE Health raised?
SANUWAVE Health has disclosed $70.2M raised across 13 rounds.
Where is SANUWAVE Health headquartered?
SANUWAVE Health is headquartered in Eden Prairie, US.