# CoAlign Innovations

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coalign-innovations

- Industry: Medical Devices & Equipment
- Headquarters: Brisbane, US
- Website: www.coalign.com
- Total disclosed funding: $4M
- Latest round: Series A (Jun 30, 2009)
- Investors on record: 1

## About

CoAlign Innovations Inc. focuses on developing advanced medical technologies, especially in spinal surgery. Their innovative solutions enhance surgical outcomes and address the critical needs of healthcare providers.CoAlign Innovations Inc., founded in 2007, operates from Brisbane, US, specializing in medical technology for spinal surgeries. In June 2009, they secured USD 1.00 mn in Series A funding from Alloy Ventures, marking a pivotal point in their growth. The company has not undergone significant operational changes and has completed three deals since its inception.CoAlign Innovations Inc. specializes in innovative medical technologies aimed at spinal surgery. Their key offerings include interbody fusion devices utilizing Tritanium, a proprietary titanium material designed to optimize bone in-growth. These products, including the Tritanium PL Cage, are utilized in various spinal procedures such as Anterior Cervical Discectomy and Fusion (ACDF) and Anterior Lumbar Interbody Fusion (ALIF), serving healthcare institutions globally.CoAlign Innovations Inc. generates revenue through direct sales of its advanced medical devices to healthcare providers, notably hospitals and surgical centers. Their B2B model is strengthened by contracts that ensure a consistent supply of high-quality products like the Tritanium PL Cage, reflecting the costs associated with advanced technology and materials.CoAlign Innovations Inc. plans to leverage their recent funding of USD 1.00 mn raised in June 2009 to develop new products and expand into additional markets. The funding will support the design and launch of innovative devices aimed at enhancing spinal surgery outcomes. The company targets growth in North America and Asia-Pacific regions, with plans to enter these markets by 2012.

## Funding rounds

- Series A, Jun 30, 2009, $1M — Alloy Ventures
- Series A, Nov 8, 2007, $3M — Alloy Ventures

## Investors

- Alloy Ventures (https://capitalatlas.ai/funds/alloy-ventures) — Series A