About Lanx
Lanx is a Consumer company based in Broomfield (United States) founded in 2003, and was acquired by Biomet in October 2013. It sells lanyards, badge holders, and accessories for identification protection. It operates on a B2C and B2B model in Consumer and Technology sectors. 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. Its focus areas include Accessories, Identification, Lanyards and Business Services. Its legal entity is Lanx, Inc. Its competitors include Nevro, ATEC Spine and Vertos Medical; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Total Equity Funding$16.1M (USD)
in 2 rounds
- Latest Funding Round$15.09M (USD), Series C
Apr 2013
- InvestorsCredit Suisse
& 1 more
- Acquired byBiomet
(Oct 2013)
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.
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 $16.1M
- Total Rounds 2
- Last Round Series C — $15.09M
- First Round $1.01M
(Oct 2012)
- Investors Count 1
All 2 funding rounds of Lanx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2013 | $15.09M | Series C | – | Credit Suisse | – |
| Oct 2012 | $1.01M | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in Lanx
Lanx has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Credit Suisse and Biomet.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Wealth management, asset management, and investment banking services are offered. | 1856 | credit-suisse.com | Zurich, Switzerland | |
Orthopedic surgical and non-surgical products are designed and distributed. | 1977 | biomet.com | Warsaw, United States |
Investor details for Lanx
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Timeline of Lanx
4 dated milestones of Lanx across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Lanx is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series C, of $15.1M.
- Exit Acquired by Biomet.
Competitors of Lanx
Lanx has 3 listed competitors in our database, 2 of them funded. They include Nevro, ATEC Spine and Vertos Medical.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nevro.com | 2006 | Menlo Park, United States | $154.1M | 1,215 | Provider of high-frequency spinal cord stimulation implants | |
| atecspine.com | 1990 | San Diego, United States | 839 | Treatment solutions for spine disorders are developed. | ||
| vertosmed.com | 2005 | Aliso Viejo, United States | $177.75M | 140 | Minimally invasive treatments for lumbar spinal stenosis are developed. |
Detailed competitors of Lanx
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Top companies in Fashion & Lifestyle Products
3 companies that operate in the same segment as Lanx (Fashion & Lifestyle Products) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Internet first brand offering eyewear for men and women | 2010 | New York, New York, United States | USD 572.57 M | USD 871.9 M | 2,854 | |
Cowboy boots, western wear, and workwear are retailed by BootBarn. | 1978 | Irvine, California, United States | USD 2.25 B | 10,400 | ||
Internet first brand offering apparel wear for men and women | 1981 | New York, New York, United States | USD 3.47 B | 14,200 |
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Frequently Asked Questions about Lanx
Lanx was founded in 2003 and raised its 1st funding round 9 years after it was founded.
Lanx is headquartered in Broomfield, United States. It is registered at Broomfield, Colorado, United States.
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 2012.
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.
Lanx's top competitors include Nevro, ATEC Spine and Vertos Medical.
Lanx offers Flight-Line Lanyard, RFID Smart Card Holder w/Lanyard, and Waterproof Card Holder w/Lanyard.
Lanx has 2 investors. Key investors include Credit Suisse, and Biomet.
Lanx operates through Lanx, Inc..
Yes. Lanx was acquired by Biomet in October 2013.