Lanx
Latest round
- Series C
Last raised
- May 2013
Total raised
- $49M
Investors
- 6
About Lanx
Lanx, Inc.Founded in 2003 and headquartered in Westminster, US, Lanx, Inc. provides essential identification solutions. The company was acquired by Biomet, Inc. in October 2013, which is part of a portfolio managed by Blackstone Group, Goldman Sachs Merchant Banking Division, Kohlberg Kravis Roberts, and TPG. The acquisition was completed in November 2013. Dan Gladney serves as the CEO of Lanx, Inc.Lanx, Inc. specializes in providing high-quality lanyards, badge holders, and various accessories designed for identification protection. The core product offerings serve to keep identification badges, Common Access Cards (CAC), and other forms of ID readily visible and accessible. Targeting a diverse clientele including government entities and corporations, the company ensures that their products meet specific demands across the United States.Lanx, Inc. generates revenue primarily through direct sales of lanyards and related accessories to both individual consumers and business clients. The firm operates on a B2B model, providing bulk orders for organizations, as well as a direct-to-consumer approach for individual purchases. Transactions typically involve single purchases or volume orders, with structured pricing plans that reflect the quantity and type of products ordered. The firm accepts Government Purchase Cards, allowing tax-exempt transactions for government customers, contributing to a steady revenue stream.Lanx, Inc. plans to expand its product line by designing new lanyards and accessories tailored for enhanced security and functionality, with expected launches in 2024. The company aims to penetrate additional markets, specifically targeting international clientele in Europe and Asia by late 2024.
Who invested in Lanx
6 investors across 4 rounds
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Questions about Lanx
Who invested in Lanx?
Lanx has 6 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 Lanx raised?
Lanx has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Lanx last raise money?
Lanx's most recent round on record is a Series C, in May 2013.
What does Lanx do?
Lanx is a medical devices & equipment company.
Where is Lanx headquartered?
Lanx is headquartered in Westminster, US.
Which VCs invest in companies like Lanx?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Lanx's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series C
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