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
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Phone
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Website
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Social
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- Legal Name Medartis, Inc.
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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. 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.
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 Total Funding
- Total Rounds 4
- Last Round Series C — $3.0M
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First Round
First Round
(29 Apr 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2015 | Amount | Series C - Nextremity Solutions | Valuation |
investors |
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| Jul, 2013 | Amount | Series C - Nextremity Solutions | Valuation | Rockport Venture Partners |
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| Aug, 2012 | Amount | Series B - Nextremity Solutions | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 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. 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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Metal implants for orthopedic fracture fixation are developed and marketed.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nextremity Solutions
Nextremity Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lakeland Tech. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Custom manufacturing products, implants, tools, and dies are provided.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Financial Statements - Nextremity Solutions
| 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 |
Nextremity Solutions Comparisons
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. 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 |
Orthopedic foot and ankle correction systems are developed and offered.
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| domain | founded_year | HQ Location |
Provider of bioabsorbable, bioactive and drug-releasing surgical implants
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| domain | founded_year | HQ Location |
Thumb implant for thumb base arthritis
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| domain | founded_year | HQ Location |
Minimally invasive orthopedic systems for bone fracture stabilization are developed.
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| domain | founded_year | HQ Location |
Modular implants for limb sparing and complex primary and revision joint replacement
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| domain | founded_year | HQ Location |
Metal implants for orthopedic fracture fixation are developed and marketed.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nextremity Solutions
Frequently Asked Questions about Nextremity Solutions
When was Nextremity Solutions founded?
Nextremity Solutions was founded in 2006 and raised its 1st funding round 5 years after it was founded.
Where is Nextremity Solutions located?
Nextremity Solutions is headquartered in Warsaw, United States.
Is Nextremity Solutions a funded company?
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 B of $6.6M, raised on Apr 29, 2011.
How many employees does Nextremity Solutions have?
As of Dec 31, 2021, the latest employee count at Nextremity Solutions is 75.
What does Nextremity Solutions do?
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.
Who are the top competitors of Nextremity Solutions?
Nextremity Solutions's top competitors include Treace Medical Concepts, Loci Orthopaedics and Bioretec.
What products or services does Nextremity Solutions offer?
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.
How many acquisitions has Nextremity Solutions made?
Nextremity Solutions has made 1 acquisition, including Lakeland Tech.
Who are Nextremity Solutions's investors?
Nextremity Solutions has 2 investors. Key investors include Medartis, and Rockport Venture Partners.