About Nextremity Solutions
Nextremity Solutions is a company based in Warsaw (United States) founded in 2006 by Lon S Weiner and Stuart D Katchis was acquired by Medartis in March 2022. Nextremity Solutions has raised $22.1 million across 4 funding rounds from investors including Medartis and Rockport Venture Partners. The company has 75 employees as of December 31, 2021. Nextremity Solutions has completed 1 acquisition, including Lakeland Tech. Nextremity Solutions offers products and services including Axi+Line Proximal Bunion Correction System, PiroVue Gastrocnemius Recession System, Arcus Staple System, MSP Metatarsal Shortening System, and Nextra Hammertoe Correction System. Nextremity Solutions operates in a competitive market with competitors including Treace Medical Concepts, Bioretec, Loci Orthopaedics, IlluminOss Medical and Stanmore Implants, among others.
- Headquarter Warsaw, United States
- Employees 75 as on 31 Dec, 2021
- Founders Lon S Weiner, Stuart D Katchis
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Medartis, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$22.1 M (USD)
in 4 rounds
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Latest Funding Round
$3 M (USD), Series C
May 01, 2015
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Investors
Medartis
& 1 more
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Employee Count
75
as on Dec 31, 2021
- Investments & Acquisitions
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Acquired by
Medartis
(Mar 07, 2022)
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Products & Services of Nextremity Solutions
Nextremity Solutions offers a comprehensive portfolio of products and services, including Axi+Line Proximal Bunion Correction System, PiroVue Gastrocnemius Recession System, Arcus Staple System, MSP Metatarsal Shortening System, and Nextra Hammertoe Correction System.
Device for correcting proximal bunion deformities surgically.
System for performing gastrocnemius muscle recession procedures.
Staple system for orthopedic fixation in foot surgeries.
Tool for metatarsal shortening in corrective surgeries.
System for hammertoe deformity corrections.
Funding Insights of Nextremity Solutions
Nextremity Solutions has successfully raised a total of $22.1M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $3 million completed in May 2015. 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 Nextremity Solutions
Nextremity Solutions has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Medartis and Rockport Venture Partners.
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Metal implants for orthopedic fracture fixation are developed and marketed.
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Investor details for Nextremity Solutions
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Investments & Acquisitions by Nextremity Solutions
Nextremity Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lakeland Tech.
Investment portfolio details for Nextremity Solutions
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Custom manufacturing products, implants, tools, and dies are provided.
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Complete acquisition details for Nextremity Solutions
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Financial Statements - Nextremity Solutions
Detailed financials for Nextremity Solutions
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Nextremity Solutions Comparisons
Peer comparison for Nextremity Solutions
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Competitors of Nextremity Solutions
Nextremity Solutions 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 Treace Medical Concepts, Bioretec, Loci Orthopaedics, IlluminOss Medical and Stanmore Implants, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Orthopedic foot and ankle correction systems are developed and offered.
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Provider of bioabsorbable, bioactive and drug-releasing surgical implants
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Thumb implant for thumb base arthritis
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Minimally invasive orthopedic systems for bone fracture stabilization are developed.
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Modular implants for limb sparing and complex primary and revision joint replacement
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Metal implants for orthopedic fracture fixation are developed and marketed.
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Detailed competitors of Nextremity Solutions
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Latest news on Nextremity Solutions
Complete news archive for Nextremity Solutions
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Frequently Asked Questions about Nextremity Solutions
Nextremity Solutions was founded in 2006 and raised its 1st funding round 5 years after it was founded.
Nextremity Solutions is headquartered in Warsaw, United States.
Nextremity Solutions is a funded company, having raised a total of $22.1M across 4 funding rounds to date.
As of Dec 31, 2021, the latest employee count at Nextremity Solutions is 75.
Nextremity Solutions was founded in 2006 and is based in Warsaw, United States. Orthopedic products focused on extremity musculoskeletal applications are developed by the company. The i3 Strategic platform is utilized to create customized solutions based on orthopedic specifications. Additional systems include the Stratum foot plating system with anatomic locking plates, the InCore Lapidus system for tarsometatarsal fusion, and the AxiLine system for proximal bunion correction.
Nextremity Solutions's top competitors include Treace Medical Concepts, Loci Orthopaedics and Bioretec.
Nextremity Solutions offers Axi+Line Proximal Bunion Correction System, PiroVue Gastrocnemius Recession System, Arcus Staple System, MSP Metatarsal Shortening System, and Nextra Hammertoe Correction System.
Nextremity Solutions has made 1 acquisition, including Lakeland Tech.
Nextremity Solutions has 2 investors. Key investors include Medartis, and Rockport Venture Partners.