# Cayenne Medical

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cayenne-medical

- Industry: Medical Devices & Equipment
- Headquarters: Scottsdale, US
- Website: www.cayennemedical.com
- Total disclosed funding: $45M
- Latest round: Series D (Feb 13, 2012)
- Investors on record: 4

## About

Cayenne Medical, Inc. is a medical device company focused on developing innovative solutions for orthopedic surgery, particularly in sports medicine, addressing various musculoskeletal injuries with advanced technology.Founded in 2005 in Scottsdale, US, Cayenne Medical is dedicated to providing solutions for orthopedic procedures. The company, originally established by Heber Crockett, was acquired by Zimmer Biomet in May 2016. Since its inception, Cayenne Medical has engaged in 9 deals, with the most recent funding round occurring on April 25, 2016, which raised USD 5.00 mn, amounting to the total funds raised of USD 5.00 mn.Cayenne Medical offers a range of orthopedic medical devices specializing in sports medicine. Their product portfolio includes innovative suture anchors, arthroscopic devices, and fixation systems for treating conditions such as rotator cuff tears and knee ligament injuries. These products support various surgical techniques and are designed for orthopedic surgeons, hospitals, and surgical centers across North America, Europe, and Asia.Cayenne Medical generates its revenue through direct sales to healthcare providers, emphasizing a business-to-business model. The company supplies essential surgical instruments and implants for orthopedic procedures, including flagship products for arthroscopic surgery. They also provide educational services to healthcare professionals to enhance patient outcomes.Cayenne Medical plans to leverage recent funding to accelerate the development of new products aimed at enhancing orthopedic surgical solutions. The company is focusing on expanding its market reach into Europe and Asia by 2025, aiming to establish a stronger presence in these regions. Following the acquisition by Zimmer Biomet, Cayenne is poised to utilize the support and resources from its parent company to drive its growth initiatives.

## Funding rounds

- Series D, Feb 13, 2012, $10M — Fletcher Spaght Ventures, Split Rock Partners, MB Venture Partners, Patricia Industries
- Series D, Jun 21, 2010, $5.9M — Split Rock Partners, MB Venture Partners, Patricia Industries
- Series C, Mar 6, 2008, $15M — Split Rock Partners, MB Venture Partners, Patricia Industries
- Series B, Feb 6, 2007, $9.5M — Split Rock Partners, MB Venture Partners
- Series A, Mar 12, 2006, $4.3M — Split Rock Partners

## Investors

- Split Rock Partners (https://capitalatlas.ai/funds/split-rock-partners) — Series A, Series B, Series C, Series D
- MB Venture Partners (https://capitalatlas.ai/funds/mb-venture-partners) — Series B, Series C, Series D
- Patricia Industries (https://capitalatlas.ai/funds/patricia-industries) — Series C, Series D
- Fletcher Spaght Ventures (https://capitalatlas.ai/funds/fletcher-spaght-ventures) — Series D