Ceterix

Menlo Park, United States Founded: 2010 • Age: 16 yrs Acquired By Smith & Nephew
Novel suture passers for arthroscopic orthopedic surgery are developed.

About Ceterix

Ceterix is a Healthcare company based in Menlo Park (United States) founded in 2010, and was acquired by Smith & Nephew in December 2018. Novel suture passers for arthroscopic orthopedic surgery are developed. Ceterix has raised $73.88 million across 4 funding rounds from investors including SVB, Smith & Nephew and Oxford Finance. The company has 63 employees. Ceterix offers products and services including OxiSelectâ„¢ Assay Kits, Antibodies, Recombinant Proteins, and Cell Culture Reagents. Its focus areas include Life Sciences, Surgical Instruments, Surgical Access and Closure and Surgical Sutures. Its legal entity is CETERIX ORTHOPAEDICS, INC. Its competitors include SentreHEART, Tepha and SuturTek Incorporated; 3 of its 3 listed competitors have raised funding.

Company details

Ceterix Orthopaedics was founded in 2010 and is headquartered in Menlo Park, United States. Surgical tools for arthroscopic procedures in the orthopedic sector are developed by the company, with a focus on enabling stitches in tight joint spaces while safeguarding nerves, arteries, and cartilage. The NovoStitch suture passer is utilized for soft tissue suturing in hip and shoulder surgeries. FDA clearance for a suture cartridge was obtained in August 2018.

  • Headquarters Menlo Park, United States
  • Employees 63
  • Stage Acquired
  • Sectors
    Healthcare
  • Website ceterix.com
  • Social LinkedIn X
  • Acquired by Smith & Nephew (Dec 2018)
  • Legal Name Ceterix Orthopaedics, Inc
Key Metrics
  • Total Equity Funding
    $73.88M (USD)

    in 4 rounds

  • Latest Funding Round
    $23.04M (USD), Series C

    Dec 2016

  • Investors
    SVB

    & 6 more

  • Employee Count
    63
  • Acquired by

Products & Services of Ceterix

Ceterix offers a comprehensive portfolio of products and services, including OxiSelect™ Assay Kits, Antibodies, Recombinant Proteins, and Cell Culture Reagents.

OxiSelect™ Assay Kits
Oxidative Stress Assays

Kits for measuring reactive oxygen species and lipid peroxidation

Antibodies
Research Reagents

Antibodies for detecting proteins in biological samples

Recombinant Proteins
Biotech Products

Proteins for cell biology and biochemistry research

Cell Culture Reagents
Laboratory Supplies

Reagents to support cell growth and analysis

Funding Insights of Ceterix

Ceterix has successfully raised a total of $73.88M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $23.04 million completed in December 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $73.88M
  • Total Rounds 4
  • Last Round Series C — $23.04M
  • First Round $19.5M

    (Jan 2013)

  • Investors Count 6

All 4 funding rounds of Ceterix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2016$23.04MSeries C––
–
May 2015$35MDebt – Conventional––
Apr 2014$31.34MSeries B––
Jan 2013$19.5MSeries B––
Valuation history

7 investors in total: 7 institutional.

Investors in Ceterix

Ceterix has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Smith & Nephew and Oxford Finance.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
CRG is recognized as a premier healthcare investment partner.
crglp.comHouston, United States
Venture capital firm managing investments in biotechnology and pharmaceuticals since 1999.
versantventures.com
Venture capital fund backed incubator focused on the healthcare startups
5amventures.comSan Francisco, United States
Venture debt firm focused on the life sciences sector
2002oxfordfinance.comAlexandria, United States
Private equity and venture capital fund focused on the healthcare sector
novoholdings.dkHellerup, Denmark
Banking services are provided to innovative companies, investors, and individuals.
1983svb.comSanta Clara, United States
Manufacturer of knee, hip and shoulder joint replacements
1856smith-nephew.comLondon, United Kingdom
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Investor details for Ceterix

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People of Ceterix

162 people are tracked at Ceterix (86 in leadership, 12 in board & advisors, 64 in team); the tracked headcount is 63.

NameRoleGroup
Deepak Nath
CEOLeadership
Ram Subbu
International Distribution DirectorLeadership
Anne-Françoise Nesmes
CFOLeadership
Mizanu Kebede
Chief Quality & Regulatory Affairs OfficerLeadership
Paul Connolly
President of Global OperationsLeadership
Elga Lohler
Chief Human Resources OfficerLeadership
Vasant Padmanabhan
President of Research & DevelopmentLeadership
Alison Parkes
Chief Compliance OfficerLeadership
Brad Cannon
President of Orthopaedics, Sports Medicine & ENT & AmericasLeadership
Douglas Wickstead
Sr. Director Program ManagerLeadership
Rohit Kashyap
President Advanced Wound Management & Global Commercial OperationsLeadership
Veronica Apostolico
Vice President, Internal Communication And Employee EngagementLeadership
Carlos Rodriguez
Chief Technical ArchitectLeadership
Lori Fontaine
Vice President, Global Clinical Strategy - Orthopaedics, Sports Medicine & ENTLeadership
David Nygren
VP AWM Growth OpportunitiesLeadership
Graeme Dilley
Global Category Director (professional Services) And Sourcing & Contracting Team LeadLeadership
Elizabeth Bennert
Director, Gct+e Curriculum Lead Sports Medicine + ENTLeadership
Ryan Emery
Vice President, Medical Education, OrthopaedicsLeadership
Khilola Shukurova
Vice President Marketing, EMEA (orthopaedic Reconstruction, Sports Medicine, Wound Management)Leadership
Chip Elias
Vice President Bio Tissue - US West AreaLeadership

142 more people are available in the full profile.

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Complete people profiles for Ceterix

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Timeline of Ceterix

4 dated milestones of Ceterix across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ceterix is founded.
  2. Funding First funding round of $19.5M.
  3. Funding Latest funding round, Series C, of $23.0M.
  4. Exit Acquired by Smith & Nephew.

Competitors of Ceterix

Ceterix has 3 listed competitors in our database, 3 of them funded. They include SentreHEART, Tepha and SuturTek Incorporated.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sentreheart.com2005Redwood, United States$69.02M
Suture-based devices for soft tissue closure are developed.
tepha.com1998Lexington, United States$36.31M51
Absorbable biomaterials for medical sutures and meshes are developed.
suturtek.com1993Chelmsford, United States$1.4M
Suturing devices are supplied for open and minimally invasive surgery.
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Detailed competitors of Ceterix

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Top companies in Medical Equipment & Supplies

3 companies that operate in the same segment as Ceterix (Medical Equipment & Supplies) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Robotic waterjet system for prostate tissue removal is developed.
2009Redwood City, California, United StatesUSD 348.84 MUSD 308.05 M756
Robotic microsurgical systems for endoscopy are developed.
2007Redwood City, California, United StatesUSD 733.62 M91
Injectable packaging, containment, and delivery solutions are manufactured.
1923Exton, Pennsylvania, United StatesUSD 3.07 B10,600
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Related news about Ceterix

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Frequently Asked Questions about Ceterix

Ceterix was founded in 2010 and raised its 1st funding round 3 years after it was founded.

Ceterix is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.

Ceterix is a funded company, having raised a total of $73.88M across 4 funding rounds to date. The company's 1st funding round was a Series B of $19.5M, raised on Jan 2013.

Ceterix has 63 employees.

Ceterix Orthopaedics was founded in 2010 and is headquartered in Menlo Park, United States. Surgical tools for arthroscopic procedures in the orthopedic sector are developed by the company, with a focus on enabling stitches in tight joint spaces while safeguarding nerves, arteries, and cartilage. The NovoStitch suture passer is utilized for soft tissue suturing in hip and shoulder surgeries. FDA clearance for a suture cartridge was obtained in August 2018.

Ceterix's top competitors include SentreHEART, Tepha and SuturTek Incorporated.

Ceterix offers OxiSelectâ„¢ Assay Kits, Antibodies, Recombinant Proteins, and Cell Culture Reagents.

Ceterix has 7 investors. Key investors include SVB, Smith & Nephew, Oxford Finance, CRG, and Versant Ventures.

Ceterix operates through Ceterix Orthopaedics, Inc.

Yes. Ceterix was acquired by Smith & Nephew in December 2018.

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