NovaBone

Alachua, United States Founded: 2002 • Age: 24 yrs Acquired By Halma
Bone graft substitutes are developed for orthopedic and dental surgeries.

About NovaBone

NovaBone is a Healthcare company based in Alachua (United States) founded in 2002, and was acquired by Halma in January 2020. Bone graft substitutes are developed for orthopedic and dental surgeries. The company has 3 employees. NovaBone offers products and services including NovaBone Putty, Orthopedics Products, and Dental Products. Its focus areas include Life Sciences, Orthopedics, Medical Devices and Therapies. Its legal entity in India is Novabone Products Private Limited (U51397KA2012PTC062127). Its competitors include MiMedx Group, EpiBone and Theradaptive; 2 of its 3 listed competitors have raised funding.

Company details

NovaBone develops bone graft substitutes to fulfill the needs of orthopedic and dental surgeons. It is a calcium phospho-silicate composed of elements naturally occurring in the body and it accelerates natural bone growth. The technology, osteostimulation, involves an ionic release of Si, Ca and phosphate ions results in the stimulation a family of genes that are known to be critical to repair and regeneration of bone tissue.

  • Headquarters Alachua, United States
  • Employees 3
  • Stage Acquired
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website novabone.com
  • Social LinkedIn
  • Acquired by Halma (Jan 2020)
  • Legal Name Novabone Products Private Limited
  • Date of Incorporation 18 Jan, 2012
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Key Metrics
  • Indian entity revenue
    ₹4,988

    FY 2025 · -29% YoY

  • Indian entity net loss
    -₹30.6 Lakh

    FY 2025 · -61388% margin

  • Indian entity EBITDA
    -₹28.8 Lakh

    FY 2025 · -57752% margin

  • Latest Funding Round
    $145.51K (USD), Grant

    Jan 2010

  • Investors
    Halma

    & 1 more

  • Employee Count
    3
  • Acquired by
    Halma

    (Jan 2020)

Products & Services of NovaBone

NovaBone offers a comprehensive portfolio of products and services, including NovaBone Putty, Orthopedics Products, and Dental Products.

NovaBone Putty
Bone Graft Material

Material for filling osseous defects in orthopedic and dental surgeries

Orthopedics Products
Medical Devices

Devices supporting bone healing in orthopedic applications

Dental Products
Biomaterials

Products for dental procedures like implants and grafting

Funding Insights of NovaBone

  • Total Rounds 2
  • Last Round Grant β€” $145,511
  • First Round $145,511

    (Nov 2009)

  • Investors Count 1

All 2 funding rounds of NovaBone with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2010$145,511Grant––
Nov 2009$145,511Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in NovaBone

NovaBone has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Halma and National Science Foundation.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
A government-backed foundation providing seed-stage investments to support small businesses.
1950nsf.govArlington, United States
Safety, health, and environmental technologies are developed and supplied internationally.
1894halma.comAmersham, United Kingdom
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Investor details for NovaBone

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Board of directors of Novabone Products Private Limited (NovaBone)

Novabone Products Private Limited is the primary company behind NovaBone. The board of Novabone Products Private Limited currently have 4 directors; the longest-serving is Radhika, appointed in 2012. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Radhika
DIN 05147461
Director18 Jan 201214 yrs 9 moNovabone Products Private Limited
Katta Narayanaiah Aswathanarayanagupta
DIN 07965460
Director16 Oct 20179 yrsNovabone Products Private Limited
Susheela Aswath Katta
DIN 09093769
Director05 Mar 20215 yrs 7 moNovabone Products Private Limited
Sunitha Bagepalli Ashwathanarayana
DIN 11537635
Additional Director13 Feb 20268 moNovabone Products Private Limited

Financials of NovaBone

Figures of Novabone Products Private Limited, the primary company behind NovaBone, for FY 2025. Revenue was ₹4,988 (-29% year on year). Net loss was -₹30.6 Lakh (-61388% margin). EBITDA was -₹28.8 Lakh (-57752% margin). Revenue has grown at a compounded annual rate of +118% over three years and -85% over five years.

  • ₹4,988Revenue · FY 2025 · -29% YoY
  • -₹30.6 LakhNet loss · -61388% margin
  • -₹28.8 LakhEBITDA · -57752% margin
  • ₹1.7 LakhPaid-up capital
  • 3Employees (provident fund records)
  • +118%Revenue CAGR, 3 years
  • -85%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Novabone Products Private Limited are on its company page.

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Detailed financial statements for NovaBone

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Timeline of NovaBone

4 dated milestones of NovaBone across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded NovaBone is founded.
  2. Funding First funding round of $146K.
  3. Funding Latest funding round, Grant, of $146K.
  4. Exit Acquired by Halma.

Competitors of NovaBone

NovaBone has 3 listed competitors in our database, 2 of them funded. They include MiMedx Group, EpiBone and Theradaptive.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mimedx.com1985Marietta, United States735
Regenerative biomaterial products and bioimplants for wound, surgical, sports medicine and orthopedics
epibone.com2013Brooklyn, United States$48.63M
Developer of stem cells to regrow damaged bones
theradaptive.com2004Boston, United States$32.2M21
Therapeutic delivery platform is developed for orthopedic clinical indications.
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Detailed competitors of NovaBone

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Web traffic of NovaBone

The website of NovaBone (novabone.com) receives about 1.4K visits a month.

  • Monthly visits
    1.4K

    ▼ 40.4% vs previous month

Top companies in Orthopedics

3 companies that operate in the same segment as NovaBone (Orthopedics) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of high-frequency spinal cord stimulation implants
2006Menlo Park, California, United StatesUSD 154.1 MUSD 353.08 M1,215
Developer of therapies for the treatment of musculoskeletal disorders
2007Woburn, Massachusetts, United StatesUSD 62 MUSD 85.55 M692
Antibody-siRNA complexes are developed for cancer treatment.
2012San Diego, California, United StatesUSD 142.54 MUSD 10.9 M391
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Related news about Novabone

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Frequently Asked Questions about NovaBone

NovaBone was founded in 2002 and raised its 1st funding round 7 years after it was founded.

NovaBone is headquartered in Alachua, United States. It is registered at Alachua, Florida, United States.

NovaBone has 3 employees.

The primary company behind NovaBone, Novabone Products Private Limited, reported revenue of β‚Ή4,988 for FY 2025, down 29% year on year.

NovaBone develops bone graft substitutes to fulfill the needs of orthopedic and dental surgeons. It is a calcium phospho-silicate composed of elements naturally occurring in the body and it accelerates natural bone growth. The technology, osteostimulation, involves an ionic release of Si, Ca and phosphate ions results in the stimulation a family of genes that are known to be critical to repair and regeneration of bone tissue.

NovaBone's top competitors include EpiBone, Theradaptive and MiMedx Group.

NovaBone offers NovaBone Putty, Orthopedics Products, and Dental Products.

NovaBone has 2 investors. Key investors include Halma, and National Science Foundation.

NovaBone operates through Novabone Products Private Limited.

Yes. NovaBone was acquired by Halma in January 2020.

The legal entities of NovaBone currently have 4 directors, including Radhika, Susheela Aswath Katta, Katta Narayanaiah Aswathanarayanagupta and others.

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