About MatOrtho
MatOrtho is a company based in Leatherhead (United Kingdom) founded in 2010 by Mike Tuke.. MatOrtho has raised $9.42 million across 2 funding rounds from investors including Connection Capital. MatOrtho offers products and services including ADEPT® Hip Resurfacing System and SAIPH® Knee System. MatOrtho operates in a competitive market with competitors including OrthAlign, Axial3D, Cartiva, Shoulder Innovations and Biorad Medisys, among others.
- Headquarter Leatherhead, United Kingdom
- Founders Mike Tuke
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Matortho Limited
- Date of Incorporation 22 Jul, 2010
- Jurisdiction LEATHERHEAD, SURREY, UNITED KINGDOM
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Annual Revenue
$13.36 M (USD)14as on Dec 31, 2023
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Net Profit
$-2.44 M (USD)-10as on Dec 31, 2023
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EBITDA
$-2.75 M (USD)5as on Dec 31, 2023
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Total Equity Funding
$9.42 M (USD)
in 2 rounds
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Latest Funding Round
$9.42 M (USD), Series A
Jun 18, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of MatOrtho
MatOrtho offers a comprehensive portfolio of products and services, including ADEPT® Hip Resurfacing System and SAIPH® Knee 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.
Provides hip resurfacing for improved mobility and long-term outcomes.
Offers knee replacement for natural stability and reduced complications.
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Funding Insights of MatOrtho
MatOrtho has successfully raised a total of $9.42M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9.42 million completed in June 2021. 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 A — $9.4M
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First Round
First Round
(01 Feb 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2021 | Amount | Series A - MatOrtho | Valuation |
investors |
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| Feb, 2014 | Amount | Grant - MatOrtho | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 MatOrtho
MatOrtho has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Connection Capital. 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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Provides access to private equity, debt, and funds for high-net-worth individuals.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by MatOrtho
| 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 - MatOrtho
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Matortho Comparisons
Competitors of MatOrtho
MatOrtho 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 OrthAlign, Axial3D, Cartiva, Shoulder Innovations and Biorad Medisys, 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 |
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| domain | founded_year | HQ Location |
Knee and hip alignment devices and technology
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| domain | founded_year | HQ Location |
Provider of cloud-based 3D-printed medical models and surgical guides
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Synthetic cartilage implants are developed for osteoarthritis treatment.
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| domain | founded_year | HQ Location |
Total shoulder replacement solutions based on glenoid technology are provided.
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| domain | founded_year | HQ Location |
Medical devices for orthopaedic, neurovascular, and endovascular procedures are manufactured.
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Developer of medical device for orthopedic diseases
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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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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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Latest news on Matortho
Frequently Asked Questions about MatOrtho
When was MatOrtho founded?
MatOrtho was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Where is MatOrtho located?
MatOrtho is headquartered in Leatherhead, United Kingdom.
Is MatOrtho a funded company?
MatOrtho is a funded company, having raised a total of $9.42M across 2 funding rounds to date. The company's 1st funding round was a Grant of $404.85K, raised on Feb 01, 2014.
What is the annual revenue of MatOrtho?
Annual revenue of MatOrtho is $13.36M as on Dec 31, 2023.
What does MatOrtho do?
MatOrtho was founded in 2010 and is based in Leatherhead, United Kingdom. Orthopedic implants are developed for joint replacement applications in the medical device sector. Products include the SAIPH knee system as a second-generation medial ball-and-socket design, the original medial rotation knee, BOX total ankle replacement, proximal interphalangeal joint replacement, total metacarpophalangeal implant, and ADEPT hip resurfacing system. Operations emphasize targeted implant solutions for orthopedic needs.
Who are the top competitors of MatOrtho?
MatOrtho's top competitors include OrthAlign, Axial3D and Biorad Medisys.
What products or services does MatOrtho offer?
MatOrtho offers ADEPT® Hip Resurfacing System and SAIPH® Knee System.
Who are MatOrtho's investors?
MatOrtho has 1 investor. Key investors include Connection Capital.