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NDI

Venture capital

Cleveland · Seed–Series A · 14 people tracked

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Investment thesis

NDI invests exclusively in innovative neurodevice technologies designed to restore lost neurological function, prevent neurological damage, and reduce the painful effects of disease and injury. As a hybrid venture capital and commercialization firm, it provides capital to identify and develop technologies, launch and grow companies, and take them through to successful exits.

Invests inBiotechHardwareHealthtechMedical DevicesClevelandGlobalNorth AmericaUnited States

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
HQ
Cleveland, Ohio, US
Instruments
Equity
Founded
2002
Tracked investments
4

Team · 14 people

from the firm's website & public directories
Hunter Peckham· Portfolio Advisory Board, Ph.D.

Member of NDI's portfolio advisory board.

Michael Hausman· Portfolio Advisory Board, M.D.

Member of NDI's portfolio advisory board.

Raymond Rackley· Portfolio Advisory Board, M.D.

Member of NDI's portfolio advisory board.

Sandip Vasavada· Portfolio Advisory Board, M.D.

Member of NDI's portfolio advisory board.

What they invest in

from 3 of 4 portfolio companies

Healthtech ×3Biotech ×1Medical Devices ×1

HQs:United States×3

Investments · 4 tracked

founders shown can be your intro path

By year:2019 · 12015 · 12 dated

SPR Therapeuticssprtherapeutics.comin𝕏Jul 2015

HealthtechCleveland, US

Maria E. Bennett(Executive Officer, Director)Josh Boggs(Executive Officer)Mark Stulz(Executive Officer)Marilyn A. Eisele(Executive Officer)

BoardLes C. Vinney(Director)

Board seatGeoffrey B. Thrope· per SEC Form D

Checkpoint Surgicalcheckpointsurgical.comin

Checkpoint Surgical develops intraoperative nerve stimulation devices, biomaterial implants, and surgical instruments for peripheral nerve and tendon surgery.

BiotechHealthtechMedical DevicesCleveland, US

Marilyn A. Eisele(Executive Officer)Kevin M. Scanlan(Executive Officer)Donald Hubbard(Executive Officer)

BoardTracy Marshbanks(Director)Geoffrey B. Thrope(Executive Officer, Director)Leonard M. Cosentino(Executive Officer, Director)

Deep Brain Innovationsdeepbraininnovations.comMay 2019

HealthtechCleveland, US

Leonard Cosentino(Executive Officer, Director)

BoardWarren M. Grill(Executive Officer, Director)Geoffrey B. Thrope(Executive Officer, Director)

SPRINT PNS System

Peripheral nerve stimulation system for multiple pain management indications.

Frequently asked questions

What stage does NDI invest at?
NDI invests at the Seed, Series A stages.
What sectors does NDI focus on?
NDI focuses on Biotech, Hardware, Healthtech, Medical Devices.
Where is NDI located?
NDI is headquartered in Cleveland, US.

Images

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