OrthoSpin
Latest round
- Series B
Last raised
- Mar 2020
Total raised
- $5M
Investors
- 2
About OrthoSpin
Founded in 2014 in Yoqneam, Israel, OrthoSpin Ltd. focuses on orthopedic innovations. In November 2021, DePuy Synthes Inc.50 mn.OrthoSpin Ltd. specializes in the development and provision of advanced orthopedic solutions, primarily focusing on the MAXFRAME AUTOSTRUT™ System. This innovative system is designed to facilitate complex bone deformity corrections and limb lengthening procedures through a minimally invasive approach. The system integrates precision engineering with user-friendly features, allowing healthcare professionals to execute surgical techniques effectively while enhancing patient outcomes. Targeted primarily at orthopedic surgeons, hospitals, and clinics, OrthoSpin's devices are utilized in various regions including North America, Europe, and parts of Asia, catering to patients with specific orthopedic needs.OrthoSpin Ltd. generates revenue through direct sales and partnerships with healthcare facilities and orthopedic practitioners. The transactional structure is based on unit sales of their flagship MAXFRAME AUTOSTRUT™ System, which may include initial purchase agreements and potential ongoing service agreements for maintenance and support. These transactions typically involve B2B interactions, where hospitals and clinics procure the systems for use in surgical procedures. The pricing strategy is aligned with the high-value, specialized nature of their products, reflecting the advanced technology and clinical support provided.Moving forward, OrthoSpin Ltd. The company aims to expand into new markets in Asia and Europe by 2023, increasing its global footprint.
Who invested in OrthoSpin
2 investors across 1 round
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Funding rounds
Series B
Mar 31, 2020
Amount
$5M
Investors
Questions about OrthoSpin
Who invested in OrthoSpin?
OrthoSpin has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has OrthoSpin raised?
OrthoSpin has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did OrthoSpin last raise money?
OrthoSpin's most recent round on record is a Series B, in Mar 2020.
What does OrthoSpin do?
Founded in 2014 in Yoqneam, Israel, OrthoSpin Ltd.
Where is OrthoSpin headquartered?
OrthoSpin is headquartered in Yoqneam, Israel.
Which VCs invest in companies like OrthoSpin?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back medical devices & equipment companies at OrthoSpin's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series B
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