# Spineology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spineology

- Industry: Medical Devices & Equipment
- Headquarters: St. Paul, US
- Website: www.spineology.com
- Total disclosed funding: $1.5M
- Latest round: Series B (Aug 15, 2008)
- Investors on record: 1

## About

Spineology Inc., based in the US, specializes in developing innovative spinal implant solutions, notably the OptiMesh® expandable interbody implant, designed to enhance surgical outcomes in spine procedures.Founded in 1997 in St. Paul, US, Spineology Inc. focuses on developing spinal implant solutions. The company has secured venture funding, including a recent round led by SV Health Investors, raising USD 25.00 mn. Brian Snider and John Booth serve as CEOs, overseeing operations and strategic initiatives.Spineology Inc. specializes in innovative spinal implant solutions, with its flagship product being the OptiMesh® expandable interbody implant. This device allows dynamic conformance to a patient’s specific endplate morphology while expanding to provide one of the largest implant footprints available. The OptiMesh is primarily used in lumbar fusion surgeries, addressing conditions such as degenerative disc disease and spinal instability by restoring disc height, achieving alignment goals, and promoting robust fusion. Additionally, the company offers products under the OptiLIF® brand for minimally invasive surgical applications, catering to various approaches including open, minimally invasive (MIS), and endoscopic techniques, distributed across North America, Europe, and select regions in Asia.Spineology generates revenue through direct sales of its surgical implants and associated instruments, targeting surgical facilities and healthcare providers involved in spine surgery. The company operates on a B2B model, establishing partnerships with hospitals and surgical centers. Each transaction typically involves the sale of the OptiMesh and ancillary products, with pricing reflecting the complexity of the surgical procedure. The diverse applications of the OptiMesh and OptiLIF® products ensure steady demand while enhancing patient outcomes, supported by a focus on advanced technology and clinical validation.In August 2024, Spineology Inc. raised USD 25.00 mn in venture funding led by SV Health Investors, with participation from 1315 Capital and RC Capital. The funding will be allocated to support overall business development and enhance research and development initiatives. The company plans to expand its product offerings with new designs while targeting growth in new markets, although specific geographic regions have not been disclosed.

## Funding rounds

- Series B, Aug 15, 2008, $1.5M — Affinity Capital Management

## Investors

- Affinity Capital Management (https://capitalatlas.ai/funds/affinity-capital-management) — Series B