# Pivot Medical

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

- Industry: Medical Devices & Equipment
- Headquarters: Sunnyvale, US
- Website: www.pivotmedical.com
- Total disclosed funding: $34M
- Latest round: Series C (Oct 28, 2011)
- Investors on record: 5

## About

Pivot Medical, Inc. is a medical technology company focused on developing advanced solutions for orthopedic and sports medicine applications, enhancing surgical procedures through innovative products.Founded in 2007 in Sunnyvale, US, Pivot Medical, Inc. specializes in orthopedic solutions. In February 2014, the company was acquired by Stryker Corporation. The details of the acquisition were not disclosed. The company has completed six deals, with its most recent funding round being a Series C, raising USD 32.39 mn led by Adams Street Partners. The company has a current valuation of USD 39.16 mn.Pivot Medical, Inc. offers advanced medical technology products targeted at orthopedic surgeons and healthcare facilities. Their key offerings include the Iconix Knotless all-suture anchor, known for its small size and enhanced fixation capability, and the Iconix HA+ all-suture anchor for improved bony integration. Additionally, their Knotilus+ system features a versatile knotless anchor portfolio while the AlphaVent suture anchor platform provides various sizes and materials for diverse sports medicine applications.Pivot Medical, Inc. generates revenue through the sale of its advanced orthopedic devices. Their main revenue sources stem from direct sales of products like the Iconix Knotless all-suture anchor and Knotilus+ system, primarily sold to healthcare providers and institutions. This business model fosters long-term partnerships, ensuring ongoing customer relationships that drive repeat purchases.Following its acquisition by Stryker Corporation in February 2014, Pivot Medical, Inc. plans to leverage its resources for developing new products and expanding into new geographic markets. The company aims to introduce innovative orthopedic solutions tailored for specific surgical needs. With the recent capital raised in the Series C round, Pivot Medical is expected to invest in research and development initiatives to enhance its product offerings and strengthen its market presence.

## Funding rounds

- Series C, Oct 28, 2011, $32M — Adams Street Partners, Delphi Ventures, Montreux Equity Partners, Ivy Capital Partners
- Series A, Jan 31, 2007, $2M — Frazier Healthcare Partners

## Investors

- Frazier Healthcare Partners (https://capitalatlas.ai/funds/frazier-healthcare-partners) — Series A
- Adams Street Partners (https://capitalatlas.ai/funds/adams-street-partners) — Series C
- Delphi Ventures (https://capitalatlas.ai/funds/delphi-ventures) — Series C
- Montreux Equity Partners (https://capitalatlas.ai/funds/montreux-equity-partners) — Series C
- Ivy Capital Partners (https://capitalatlas.ai/funds/ivy-capital-partners) — Series C