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What smart money is saying about Sanuwave HealthUnited States flag

SNWV · Healthcare · Medical - Devices · Market cap $220M

4 funds in our archive have pitched Sanuwave Health — most recently Cedar Grove in March 2026.

Company profile

SANUWAVE Health, Inc., a shock wave technology company, researches, develops, and commercializes noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications in the United States and internationally. Its shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of tissue, musculoskeletal, and vascular structures. The company's lead regenerative product is the dermaPACE device for treating diabetic foot ulcers. Its portfolio of healthcare products and product candidates activate biologic signaling and angiogenic responses, including new vascularization and microcirculatory improvement, which helps to restore the body's normal healing processes and regeneration. The company also focuses on applying its Pulsed Acoustic Cellular Expression technology in wound healing, orthopedic, plastic/cosmetic, and cardiac conditions. In addition, it offers UltraMIST, non-contact and non-thermal ultrasound therapy device used to treat diabetic foot ulcers, pressure ulcers, venous leg ulcers, deep tissue pressure injuries, and surgical wounds; and orthoPACE system to treat tendinopathies and acute and nonunion fractures. The company was founded in 2005 and is headquartered in Suwanee, Georgia.

Fund coverage · 4 theses

  • Cedar Grove
    March 2026

    Sanuwave Health offers an ultrasound wound-care device poised to benefit from CMS policy shifts, a refinancing, and a long runway.

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  • Deep Sail Capital
    December 2025

    Sanuwave Health, Inc. is a specialty medical device company leveraging a high-margin recurring model, strong IP and leadership, and favorable reimbursement tailwinds to drive multi-year growth at an attractive valuation.

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  • Infuse AM
    December 2025

    Sanuwave sells a razor-and-blades UltraMist wound-care device, is led by a capital-allocation savvy CEO, and offers >30% growth with improved debt terms at a reasonable ~18x forward EBIT.

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  • SRK Capital
    September 2025

    Sanuwave Health, Inc. is experiencing rapid growth with a 51% revenue increase, a new national sales force, and an imminent Nasdaq uplisting, making its shares an attractive investment opportunity.

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