About Inovedis
Inovedis is a company based in Eden Prairie (United States) founded in 2019 by Stefan Welte. Inovedis has raised $4 million across 1 funding round from investors including RENOLIT, High-Tech Gründerfonds and MBG. Inovedis offers products and services including SINEFIX Implant System. Inovedis operates in a competitive market with competitors including Miach Orthopaedics, RevBio, Dimension Inx, PolyNovo and Nanochon, among others.
- Headquarter Eden Prairie, United States
- Founders Stefan Welte
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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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- Legal Name Inovedis Gmbh
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$403.09 K (USD)19.31as on Mar 31, 2022
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Net Profit
$26.11 K (USD)-14.87as on Mar 31, 2022
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EBITDA
$31.2 K (USD)28.43as on Mar 31, 2022
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Series A
Oct 04, 2023
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Investors
RENOLIT
& 3 more
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Employee Count
Not available
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Products & Services of Inovedis
Inovedis offers a comprehensive portfolio of products and services, including SINEFIX Implant System.
Device simplifies rotator cuff repair by improving fixation and reducing complications.
Funding Insights of Inovedis
Inovedis has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in October 2023. 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.
Investors in Inovedis
Inovedis has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include RENOLIT, High-Tech Gründerfonds and MBG.
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Early-stage investments are made in high-tech startups by HTGF.
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Venture capital firm focused on small and mid-sized companies
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Start-up BW is supported as an initiative for entrepreneurship in Baden-Württemberg.
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Investor details for Inovedis
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Investments & Acquisitions by Inovedis
Investment portfolio details for Inovedis
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Financial Statements - Inovedis
Detailed financials for Inovedis
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Inovedis Comparisons
Peer comparison for Inovedis
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Competitors of Inovedis
Inovedis 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 Miach Orthopaedics, RevBio, Dimension Inx, PolyNovo and Nanochon, among others.
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Bio-engineered surgical implants for connective tissue repair are developed.
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Synthetic adhesives for bone and dental repair are developed.
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3D biomaterials are provided for regenerative medicine applications.
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Developer of biodegradable temporising matrix for treating traumatic wounds
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3D-printed implants are developed for treating joint injuries.
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Gel4Med is focused on developing bioinspired medical solutions.
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Detailed competitors of Inovedis
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Latest news on Inovedis
Complete news archive for Inovedis
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Frequently Asked Questions about Inovedis
Inovedis was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Inovedis is headquartered in Eden Prairie, United States. It is registered at Eden Prairie, Minnesota, United States.
Stefan Welte is the current CEO of Inovedis. They have also founded this company.
Inovedis is a funded company, having raised a total of $4M across 1 funding round to date.
Annual revenue of Inovedis is $403.09K as on Mar 31, 2022.
Inovedis was founded in 2019 and is headquartered in Eden Prairie, United States. Operations focus on the medical device sector, where surgical implants for tendon healing are developed. The SINEFIX Implant System is provided to support rotator cuff repair procedures. Patient outcomes are targeted for improvement through simplified surgical techniques. Leadership includes co-founders Stefan Welte and Lukas Floß.
Inovedis's top competitors include RevBio, Miach Orthopaedics and Nurami Medical.
Inovedis offers SINEFIX Implant System.
Inovedis has 4 investors. Key investors include RENOLIT, High-Tech Gründerfonds, MBG, and Start-up BW.