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.
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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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 |
|---|---|---|---|---|
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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 |
Investments & Acquisitions by Lanx
Financial Statements - Lanx
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.
| 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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Latest news on Lanx
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 10, 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, Paradigm Spine and ATEC Spine.
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.