Orpyx

Calgary, Canada Founded: 2010 • Age: 16 yrs
Wearable sensor insoles are developed for neuropathy and athletic monitoring.
Annual revenue - Latest available
Total funding $25.6M 3 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Orpyx

Orpyx is a company based in Calgary (Canada) founded in 2010 by Marcel Groenland and Breanne Everett. Orpyx has raised $25.61 million across 3 funding rounds from investors including Perceptive Advisors, Aphelion Capital and Thin Air Labs. Orpyx offers products and services including Sensory Insole System, Provider Dashboard, and Remote Patient Monitoring. Orpyx operates in a competitive market with competitors including Dexcom, mySugr, Levels, Biolinq and Indigo, among others.

  • Headquarter Calgary, Canada
  • Founders Marcel Groenland, Breanne Everett
  • Sectors
    Healthcare
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Orpyx Medical Technologies Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $25.61 M (USD)

    in 3 rounds

  • Latest Funding Round
    $20 M (USD), Series B

    Sep 24, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of Orpyx

Orpyx offers a comprehensive portfolio of products and services, including Sensory Insole System, Provider Dashboard, and Remote Patient Monitoring.

Product name locked
Category locked
Primary

Wearable insole that monitors pressure and temperature to prevent foot ulcers.

Product name locked
Category locked
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Tool for tracking patient data and insights in diabetes management.

Product name locked
Category locked
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Program offering virtual coaching and data analysis for diabetes care.

People of Orpyx

Headcount 50-200
Employee Profiles 23
Board Members and Advisors 9
Employee Profiles
People
Erin Eastick
Product Manager
People
Robin Biagioni
Director, People & Culture
People
Cyndi Primerano
Account Executive - Clinical Solutions
People
Emily Matijevich
Senior Director, Clinical And Applied Research

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Board Members and Advisors
people
Brock Liden
Advisor
people
Matthew Garoufalis
Advisor
people
Jeffrey Lehrman
Advisor
people
Barry Allen
Director

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Funding Insights of Orpyx

Orpyx has successfully raised a total of $25.61M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in September 2024. 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 Orpyx

Orpyx has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Perceptive Advisors, Aphelion Capital and Thin Air Labs.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Health-tech companies are targeted for venture capital investments.
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Tech and life sciences focused VC firm investing in geographies such as the US
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Thin Air Labs is engaged in venture capital and startup support services.
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Investor details for Orpyx

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Investments & Acquisitions by Orpyx

Investments
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Investment portfolio details for Orpyx

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Financial Statements - Orpyx

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Detailed financials for Orpyx

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Orpyx Comparisons

Orpyx Primary company
Description
Wearable sensor insoles are developed for neuropathy and ath...
Location
Calgary, Canada
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Orpyx

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Competitors of Orpyx

Orpyx 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 Dexcom, mySugr, Levels, Biolinq and Indigo, among others.

Company Name Domain Founded year HQ Location Description
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Wearable glucose monitoring patches are provided for real-time data tracking.
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Gamified apps for diabetes management and therapy are provided.
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Wearable devices for metabolic health insights are provided.
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Wearable biosensor platform for real-time diabetes monitoring is provided.
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Parking management and mobility solutions are provided by Indigo.
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Continuous glucose monitoring system is provided for blood sugar levels.
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Detailed competitors of Orpyx

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Latest news on Orpyx

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Complete news archive for Orpyx

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Frequently Asked Questions about Orpyx

Orpyx was founded in 2010 and raised its 1st funding round 10 years after it was founded.

Orpyx is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.

Breanne Everett is the current CEO of Orpyx. They have also founded this company.

Orpyx is a funded company, having raised a total of $25.61M across 3 funding rounds to date.

Wearable devices for neuropathy patients and athletes. It develops a sensor-based product, Orpyx SI, the sensory insoles with remote patient monitoring allows users to manage and prevent diabetic foot ulcers and limb loss through advanced foot sensor technology and real-time analytics. The insoles can fit above the shoe and capture pressure data from the users feet. The pressure data is then wirelessly transmitted from the shoe inserts to a smartwatch. The smartwatch alerts the user at extreme pressure levels to modify their behaviour and avoid damage. The device can be used to track neuropathy and is FDA cleared. Other product lines include SurroSense Rx system, Orpyx LogR solution and SurroGai Rx system.

Orpyx's top competitors include Dexcom, Levels and Veri.

Orpyx offers Sensory Insole System, Provider Dashboard, and Remote Patient Monitoring.

Orpyx has 8 investors. Key investors include Perceptive Advisors, Aphelion Capital, Thin Air Labs, InterGen, and Relentless Venture Fund.

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