# Woven Orthopedic Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/woven-orthopedic-technologies

- Industry: Medical Devices & Equipment
- Headquarters: Manchester, US
- Website: www.wovenorthopedics.com
- Total disclosed funding: $8.6M
- Latest round: Series A (Apr 22, 2016)
- Investors on record: 3

## About

Woven Orthopedic Technologies, LLC specializes in orthopedic solutions, focusing on the innovative Ogmend® Implant Enhancement System, designed for stable screw fixation in orthopedic surgeries.Woven Orthopedic Technologies, LLC was founded in 2013 and is based in Manchester, US. The company specializes in developing advanced orthopedic products, particularly the Ogmend® Implant Enhancement System. Brandon Bendes, the founder, has a background in orthopedic technology. The company raised USD 5.43 mn in venture funding on June 28, 2018, targeting hospitals and surgical centers as primary customers.Woven Orthopedics specializes in innovative orthopedic solutions, primarily through the Ogmend® Implant Enhancement System. This product is designed to ensure stable screw fixation, meeting critical needs in orthopedic surgeries. Its clientele includes healthcare professionals, hospitals, and surgical centers in the US and select international markets.The revenue model for Woven Orthopedics is based on direct sales of the Ogmend® Implant Enhancement System to healthcare facilities. Transactions are conducted as B2B engagements, with a pricing structure that often involves bulk orders, ensuring consistent revenue as clients restock surgical supplies. This approach fosters long-term partnerships with medical institutions, contributing to customer loyalty and repeat business.Woven Orthopedic Technologies aims to launch new products, including enhancements to the Ogmend® system, by 2024. The company plans to expand into international markets, particularly in Europe and Asia, by 2025. The recent funding of USD 5.43 mn will be utilized to support product development and market expansion initiatives.

## Funding rounds

- Series A, Apr 22, 2016, $8.6M — Keiretsu Forum, Tech Coast Angels, Astia Angels

## Investors

- Keiretsu Forum — Series A
- Tech Coast Angels — Series A
- Astia Angels (https://capitalatlas.ai/funds/astia-angels) — Series A