# Expanding Orthopedics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/expanding-orthopedics

- Industry: Medical Devices & Equipment
- Headquarters: Or Akiva, Israel
- Website: www.xortho.com
- Total disclosed funding: $15M
- Latest round: Series B (Aug 29, 2008)
- Investors on record: 3

## About

Expanding Orthopedics Inc. specializes in innovative orthopedic solutions, focusing on advanced spinal technologies to improve patient outcomes and enhance surgical procedures.Founded in 2001 and headquartered in Or Akiva, Israel, Expanding Orthopedics Inc. develops orthopedic devices. The company was acquired by CoreLink, LLC, a portfolio company of The Stephens Group, in June 2018 for undisclosed financial terms. The company has executed a total of 3 deals, with the latest funding round being a Series B, raising USD 2.00 mn, which brought the total amount raised to USD 2.00 mn and a current valuation of USD 34.34 mn.Expanding Orthopedics Inc. focuses on developing and commercializing advanced orthopedic solutions, particularly in spinal technologies. Their flagship offerings include innovative spinal implants designed to enhance surgical outcomes and improve patient recovery. The company caters to healthcare professionals and institutions seeking reliable and effective orthopedic solutions.The revenue model for Expanding Orthopedics Inc. is based on the sale of specialized orthopedic implants and devices. Each transaction typically involves significant pricing agreements, with a strong emphasis on direct sales to hospitals and surgical centers. The company focuses on secure and efficient transaction processes, ensuring satisfaction for medical professionals seeking quality products.Expanding Orthopedics Inc. plans to leverage its recent funding from the Series B round, announced in June 2018, to enhance its product development and expand its market reach. The company is working on introducing several new orthopedic products designed to improve surgical efficiency, with launches targeted for late 2023 into 2024. Additionally, the company aims to grow its presence in North America and Europe, where there is a high demand for advanced orthopedic technologies.

## Funding rounds

- Series B, Aug 29, 2008, $15M — Triathlon Medical Partners, Medica Venture Partners, MB Venture Partners

## Investors

- Triathlon Medical Partners (https://capitalatlas.ai/funds/triathlon-medical-partners) — Series B
- Medica Venture Partners (https://capitalatlas.ai/funds/medica-venture-partners) — Series B
- MB Venture Partners (https://capitalatlas.ai/funds/mb-venture-partners) — Series B