About Lanx
Lanx is a company based in Broomfield (United States) founded in 2003 was acquired by Biomet in October 2013. It operates as a B2C, and B2B. Lanx has raised $16.1 million across 2 funding rounds from investors including Credit Suisse and Biomet. Lanx offers products and services including Flight-Line Lanyard, RFID Smart Card Holder w/Lanyard, and Waterproof Card Holder w/Lanyard. Lanx operates in a competitive market with competitors including Nevro, ATEC Spine, Vertos Medical, Paradigm Spine and Relievant Medsystems, among others.
- Headquarter Broomfield, United States
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Sectors
ConsumerTechnology
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Phone
*********
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Website
*********
- Legal Name Lanx, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.1 M (USD)
in 2 rounds
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Latest Funding Round
$15.09 M (USD), Series C
Apr 19, 2013
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Investors
Credit Suisse
& 1 more
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Employee Count
Employee Count
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Acquired by
Biomet
(Oct 07, 2013)
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Products & Services of Lanx
Lanx offers a comprehensive portfolio of products and services, including Flight-Line Lanyard, RFID Smart Card Holder w/Lanyard, and Waterproof Card Holder w/Lanyard. 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.
Lanyard for secure identification in flight-line environments.
Holder with lanyard for protecting RFID cards.
Waterproof holder with lanyard for card protection.
Funding Insights of Lanx
Lanx has successfully raised a total of $16.1M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $15.09 million completed in April 2013. 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 Total Funding
- Total Rounds 2
- Last Round Series C — $15.1M
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First Round
First Round
(10 Oct 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2013 | Amount | Series C - Lanx | Valuation | Credit Suisse |
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| Oct, 2012 | Amount | Seed - Lanx | Valuation |
investors |
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| 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 Lanx
Lanx has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Credit Suisse and Biomet. 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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Wealth management, asset management, and investment banking services are offered.
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Founded Year | Domain | Location | |
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Orthopedic surgical and non-surgical products are designed and distributed.
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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 Lanx
| 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 - Lanx
| 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 |
Lanx Comparisons
Competitors of Lanx
Lanx 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 Nevro, ATEC Spine, Vertos Medical, Paradigm Spine and Relievant Medsystems, 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 |
Provider of high-frequency spinal cord stimulation implants
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| domain | founded_year | HQ Location |
Treatment solutions for spine disorders are developed.
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| domain | founded_year | HQ Location |
Minimally invasive treatments for lumbar spinal stenosis are developed.
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| domain | founded_year | HQ Location |
Stabilization devices for healthcare are manufactured by the company.
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| domain | founded_year | HQ Location |
Developer of medical devices for patients suffering from chronic vertebrogenic low back pain
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| domain | founded_year | HQ Location |
Minimally invasive titanium implants for sacroiliac joint disorders are developed.
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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 Lanx
When was Lanx founded?
Lanx was founded in 2003 and raised its 1st funding round 9 years after it was founded.
Where is Lanx located?
Lanx is headquartered in Broomfield, United States. It is registered at Broomfield, Colorado, United States.
Is Lanx a funded company?
Lanx is a funded company, having raised a total of $16.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.01M, raised on Oct 10, 2012.
What does Lanx do?
Lanyards Xpress provides a variety of lanyards, badge holders, and accessories to secure and display identification badges. Based in San Angelo, TX, USA, they serve government and general customers through online sales, including custom options and tax-exempt transactions for official purchases. Their products ensure visibility and accessibility for IDs like CAC cards.
Who are the top competitors of Lanx?
Lanx's top competitors include Nevro, Paradigm Spine and ATEC Spine.
What products or services does Lanx offer?
Lanx offers Flight-Line Lanyard, RFID Smart Card Holder w/Lanyard, and Waterproof Card Holder w/Lanyard.
Who are Lanx's investors?
Lanx has 2 investors. Key investors include Credit Suisse, and Biomet.
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