Onicorp

Boston, United States Founded: 1997 • Age: 29 yrs Acquired By GE Healthcare
MRI systems for extremity imaging are developed and marketed.
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About Onicorp

Onicorp is a company based in Boston (United States) founded in 1997 was acquired by GE Healthcare in October 2009.. Onicorp has raised $28 million across 5 funding rounds from investors including GE Healthcare, Hospital for Special Surgery and Ziegler Meditech Equity Partners. Onicorp operates in a competitive market with competitors including Trice Medical, Edge Surgical, OrthoScan, Bone Index Finland and Rosenbot Technology, among others.

  • Headquarter Boston, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $28 M (USD)

    in 5 rounds

  • Latest Funding Round
    $457.15 K (USD), Debt – Convertible

    Sep 01, 2008

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    GE Healthcare

    (Oct 21, 2009)

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Funding Insights of Onicorp

Onicorp has successfully raised a total of $28M across 5 strategic funding rounds. The most recent funding activity was a Debt – Convertible round of $457.15 thousand completed in September 2008. 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 Rounds 5
  • Last Round Debt – Convertible — $457,148
  • First Round

    (26 Aug 2003)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2008 Amount Debt – Convertible - Onicorp Valuation

investors

Jun, 2007 Amount Series C - Onicorp Valuation

investors

May, 2007 Amount Debt – Convertible - Onicorp Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Onicorp

Onicorp has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include GE Healthcare, Hospital for Special Surgery and Ziegler Meditech Equity 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
PE firm investing in the US
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Onicorp

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Onicorp

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Onicorp Comparisons

Employees
+
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Competitors of Onicorp

Onicorp 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 Trice Medical, Edge Surgical, OrthoScan, Bone Index Finland and Rosenbot Technology, 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
domain founded_year HQ Location
Needle-based visualization devices for orthopedic diagnostics are developed.
domain founded_year HQ Location
Digital depth gauges for orthopedic bone measurements are supplied.
domain founded_year HQ Location
Mini C-arms for orthopedic imaging are developed by OrthoScan.
domain founded_year HQ Location
Ultrasound-based POC device for osteoporosis screening is developed.
domain founded_year HQ Location
Robotic surgical systems for orthopedic treatments are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Onicorp

Frequently Asked Questions about Onicorp

When was Onicorp founded?

Onicorp was founded in 1997 and raised its 1st funding round 6 years after it was founded.

Where is Onicorp located?

Onicorp is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Is Onicorp a funded company?

Onicorp is a funded company, having raised a total of $28M across 5 funding rounds to date. The company's 1st funding round was a Debt – Convertible of $5.54M, raised on Aug 26, 2003.

What does Onicorp do?

Developer and marketer of dedicated purpose MRI systems for extremity imaging. Its products include MSK-Extreme, a musculoskeletal extremity scanner that provides the imaging of the hand, wrist, elbow, foot, ankle, and knee. The company serves hospitals, imaging centers, and orthopedic practices in the United States and Canada. It sells its products in Austria, Belgium, Brazil, the Caribbean, Denmark, Finland, Germany, Luxembourg, the Netherlands, Norway, Portugal, Spain, the United Kingdom, and Venezuela through distributors. The company was formerly known as ONI and changed its name to ONI Medical Systems in January, 2004.

Who are the top competitors of Onicorp?

Onicorp's top competitors include Edge Surgical, Trice Medical and Echolight Medical.

Who are Onicorp's investors?

Onicorp has 6 investors. Key investors include GE Healthcare, Hospital for Special Surgery, Ziegler Meditech Equity Partners, Galen Partners, and Ivy Capital Partners.

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