About Cresco
Cresco is a company based in Utrecht (Netherlands) founded in 2021.. Cresco offers products and services including Spring Distraction System. Cresco operates in a competitive market with competitors including ApiFix, SpineGuide Technologies and Thinks Works, among others.
- Headquarter Utrecht, Netherlands
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
InSpine
& 1 more
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Employee Count
Employee Count
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Products & Services of Cresco
Cresco offers a comprehensive portfolio of products and services, including Spring Distraction System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Dynamic device for scoliosis correction with continuous distraction in children.
Funding Insights of Cresco
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Seed - Cresco | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cresco
Cresco has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include InSpine and Utrecht Holdings Seed Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment fund focused on science-based startups in various sectors.
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Founded Year | Domain | Location | |
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InSpine is engaged in distributing spinal surgery solutions in Netherlands.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cresco
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cresco
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cresco Comparisons
Competitors of Cresco
Cresco operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ApiFix, SpineGuide Technologies and Thinks Works, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An internal brace implant is developed for scoliosis correction.
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| domain | founded_year | HQ Location |
Medical devices for scoliosis treatment are developed.
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| domain | founded_year | HQ Location |
Develops flexible scoliosis treatment systems for adolescents with real-time monitoring.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cresco
When was Cresco founded?
Cresco was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Cresco located?
Cresco is headquartered in Utrecht, Netherlands.
Who is the current CEO of Cresco?
Dennis Magermans is the current CEO of Cresco.
What does Cresco do?
Cresco was founded in 2021 in Utrecht, Netherlands, within the medical device sector. Surgical spinal therapies targeted at scoliosis treatment are developed by the company. The Spring Distraction System, comprising a line of dynamic implant systems, is provided to integrate with posterior pedicle screw fixation. Operations focus on innovative solutions for spinal conditions, with activities centered in Europe.
Who are the top competitors of Cresco?
Cresco's top competitors include ApiFix, SpineGuide Technologies and Thinks Works.
What products or services does Cresco offer?
Cresco offers Spring Distraction System.
Who are Cresco's investors?
Cresco has 2 investors. Key investors include InSpine, and Utrecht Holdings Seed Fund.