About Nextremity Solutions
Nextremity Solutions is a Healthcare company based in Warsaw (United States) founded in 2006 by Lon S Weiner and Stuart D Katchis, and was acquired by Medartis in March 2022. Extremity musculoskeletal orthopedic products are developed and customized. Nextremity Solutions has raised $22.1 million across 4 funding rounds from investors including Medartis and Rockport Venture Partners. The company has 75 employees. 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. Its focus areas include Life Sciences, Orthopedics, Medical Devices and Therapies. Its legal entity is MEDARTIS, INC. Its competitors include Treace Medical Concepts, IlluminOss Medical and Atreon Orthopedics; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Warsaw, United States
- Employees 75
- Founders Lon S Weiner, Stuart D Katchis
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website nextremity.com
- Social LinkedIn X Facebook
- Acquired by Medartis (Mar 2022)
- Legal Name Medartis, Inc.
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.
- Total Funding $22.1M
- Total Rounds 4
- Last Round Series C — $3M
- First Round $2.5M
(Apr 2011)
- Investors Count 1
All 4 funding rounds of Nextremity Solutions 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 |
|---|---|---|---|---|---|
| May 2015 | $3M | Series C | – | – | – |
| Jul 2013 | $10M | Series C | – | Rockport Venture Partners | – |
| Aug 2012 | $6.6M | Series B | – | – | – |
| Apr 2011 | $2.5M | Series A | – | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| rockportventure.com | ||||
Metal implants for orthopedic fracture fixation are developed and marketed. | 1997 | medartis.com | Basel, Switzerland |
Investor details for Nextremity Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Nextremity Solutions
2 people are tracked at Nextremity Solutions (2 in leadership); the tracked headcount is 75.
| Name | Role | Group |
|---|---|---|
Lon S Weiner | Co-Founder & Director | Leadership |
Stuart D Katchis | Co-Founder & Director | Leadership |
Complete people profiles for Nextremity Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Nextremity Solutions
Nextremity Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lakeland Tech.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Custom manufacturing products, implants, tools, and dies are provided. | lakelandtech.com | Warsaw, United States | 1986 | Feb 2020 | •••• |
Complete acquisition details for Nextremity Solutions
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Nextremity Solutions
5 dated milestones of Nextremity Solutions across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Nextremity Solutions is founded.
- Funding First funding round of $2.5M.
- Funding Latest funding round, Series C, of $3.0M.
- Acquisition Acquires Lakeland Tech.
- Exit Acquired by Medartis.
Competitors of Nextremity Solutions
Nextremity Solutions has 3 listed competitors in our database, 3 of them funded. They include Treace Medical Concepts, IlluminOss Medical and Atreon Orthopedics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| treace.com | 2013 | Ponte Vedra Beach, United States | $15M | 516 | Orthopedic foot and ankle correction systems are developed and offered. | |
| illuminoss.com | 2007 | East Providence, United States | $62.47M | 21 | Minimally invasive orthopedic systems for bone fracture stabilization are developed. | |
| atreonortho.com | 2016 | Hilliard, United States | $3.83M | Scaffold-based products are developed for soft tissue injury repair. |
Detailed competitors of Nextremity Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Nextremity Solutions
The website of Nextremity Solutions (nextremity.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▲ 39.8% vs previous month
Top companies in Orthopedics
3 companies that operate in the same segment as Nextremity Solutions (Orthopedics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of high-frequency spinal cord stimulation implants | 2006 | Menlo Park, California, United States | USD 154.1 M | USD 353.08 M | 1,215 | |
Developer of therapies for the treatment of musculoskeletal disorders | 2007 | Woburn, Massachusetts, United States | USD 62 M | USD 85.55 M | 692 | |
Antibody-siRNA complexes are developed for cancer treatment. | 2012 | San Diego, California, United States | USD 142.54 M | USD 10.9 M | 391 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Nextremity Solutions
Complete news archive for Nextremity Solutions
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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. The company's 1st funding round was a Series A of $2.5M, raised on Apr 2011.
Nextremity Solutions has 75 employees.
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, Atreon Orthopedics and IlluminOss Medical.
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.
Nextremity Solutions operates through Medartis, Inc..
Yes. Nextremity Solutions was acquired by Medartis in March 2022.