AxioMed
Latest round
- Series D
Last raised
- May 2012
Total raised
- $54M
Investors
- 9
About AxioMed
Founded in 2001 in Malden, US, AxioMed LLC focuses on spinal health solutions and has undergone several strategic developments. The CEO and founder’s detailed background is not publicly available.AxioMed's primary offerings are advanced viscoelastic spinal disc replacements, specifically designed to address degenerative disc disease. Their core products, including the Freedom® Lumbar Disc, Freedom® Cervical Disc, and Freedom® Lateral Lumbar Disc, utilize a proprietary silica-based viscoelastic material that closely mimics the natural human disc's biomechanical properties. These devices are engineered for flexibility and support, assisting patients in achieving pain relief and restoring normal spinal function. The discs have been implanted in over 800 patients across North America, Europe, Australia, and Jamaica, with a focus on enhancing patient outcomes in spinal health.AxioMed generates revenue through direct sales of its viscoelastic spinal disc replacements to healthcare providers and hospitals engaged in orthopedic and spinal surgeries. The business model is structured around B2B transactions, where medical institutions purchase the Freedom® products to treat patients with degenerative conditions. The flagship Freedom® Lumbar Disc, along with other specialized offerings, is sold within markets in the USA, Europe, Australia, and Jamaica, reflecting the company's commitment to expanding its reach.AxioMed's strategy for future growth includes the development of new products, with a focus on enhancing its smart disc replacement technologies.025 mn, will support these initiatives. The company plans to expand its market presence beyond current regions, targeting new healthcare markets in Asia and South America by 2025, aiming to improve accessibility to its advanced spinal health solutions.
Who invested in AxioMed
9 investors across 7 rounds
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Funding rounds
Series D
May 22, 2012
Amount
$5M
Investors
Series D
Feb 10, 2012
Amount
$4.2M
Investors
Series D
Jun 29, 2011
Amount
$3.2M
Investors
Series D
Jul 19, 2010
Amount
$15M
Investors
Series C
Dec 31, 2009
Amount
$6.4M
Investors
Series B
Feb 23, 2005
Amount
$18M
Investors
Series A
Jan 1, 2003
Amount
$2.8M
Investors
Questions about AxioMed
Who invested in AxioMed?
AxioMed has 9 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AxioMed raised?
AxioMed has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did AxioMed last raise money?
AxioMed's most recent round on record is a Series D, in May 2012.
What does AxioMed do?
Founded in 2001 in Malden, US, AxioMed LLC focuses on spinal health solutions and has undergone several strategic developments.
Where is AxioMed headquartered?
AxioMed is headquartered in Malden, US.
Which VCs invest in companies like AxioMed?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at AxioMed's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series D
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