Cartiva
Latest round
- Series E
Last raised
- Jan 2017
Total raised
- $23M
Investors
- 2
About Cartiva
Cartiva, Inc. develops innovative solutions for joint health, focusing on osteoarthritis treatments.Founded in 2011, Cartiva, Inc. is based in Alpharetta, US, and specializes in joint health solutions. The company was acquired in August 2018 by Wright Medical Group, Inc. for USD 435 mn in cash, with the transaction completed in October 2018. Eman Magdy is the founder, with a history in developing medical devices.Cartiva is primarily focused on the development and commercialization of innovative solutions for joint health, specifically targeting osteoarthritis. The company's flagship product, the Cartiva Synthetic Cartilage Implant (SCI), is designed to restore joint function and relieve pain in patients suffering from hallux rigidus, a form of degenerative arthritis in the big toe. Released to the market in 2016, the SCI mimics the properties of natural cartilage, allowing for better mobility compared to traditional treatments.Cartiva generates revenue primarily through the sale of its synthetic cartilage implants, operating a direct-to-consumer model that facilitates transactions with healthcare providers and surgical centers. Their business structure includes partnerships with orthopedic surgical practices, where the implants are purchased and subsequently used in surgeries.Cartiva, Inc. The company is focused on developing new orthopedic solutions that will be launched in the upcoming years. Additionally, Cartiva aims to enter new markets, specifically targeting expansion in Europe and Asia by 2025. The acquisition by Wright Medical Group, Inc. is expected to facilitate these growth initiatives, providing the necessary resources and strategic direction to enhance their market presence.
Who invested in Cartiva
2 investors across 4 rounds
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Questions about Cartiva
Who invested in Cartiva?
Cartiva has 2 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cartiva raised?
Cartiva has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Cartiva last raise money?
Cartiva's most recent round on record is a Series E, in Jan 2017.
What does Cartiva do?
Cartiva is a medical devices & equipment company.
Where is Cartiva headquartered?
Cartiva is headquartered in Alpharetta, US.
Which VCs invest in companies like Cartiva?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Cartiva's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series E
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