About ORTHOCON
ORTHOCON is a company based in Irvington (United States) founded in 2005 was acquired by Abyrx in April 2013.. ORTHOCON has raised $27.16 million across 2 funding rounds from investors including Canaan, Abyrx and BB Biotech Ventures. ORTHOCON offers products and services including Hemostatic Bone Putty, MONTAGE, and Water-Soluble Hemostatic Bone Putty. ORTHOCON operates in a competitive market with competitors including Stryker, Zimmer Biomet, Humacyte, Smith & Nephew and NuVasive, among others.
- Headquarter Irvington, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Abyrx, Inc.
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Products & Services of ORTHOCON
ORTHOCON offers a comprehensive portfolio of products and services, including Hemostatic Bone Putty, MONTAGE, and Water-Soluble Hemostatic Bone Putty. 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.
Provides hemostasis for bone surfaces during surgical procedures.
Settable putty that adheres to bleeding bone in surgical applications.
Hemostatic solution for easy application in bone surgery.
Funding Insights of ORTHOCON
ORTHOCON has successfully raised a total of $27.16M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $2.16 million completed in September 2010. 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 2
- Last Round Series B — $2.2M
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First Round
First Round
(07 Apr 2009)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2010 | Amount | Series B - ORTHOCON | Valuation |
investors |
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| Apr, 2009 | Amount | Series B - ORTHOCON | Valuation | Canaan , ProQuest Investments |
| 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 ORTHOCON
ORTHOCON has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Canaan, Abyrx and BB Biotech Ventures. 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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Canaan is recognized as an early-stage venture capital firm.
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| 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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by ORTHOCON
| 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 |
Financial Statements - ORTHOCON
| 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 |
Orthocon Comparisons
Competitors of ORTHOCON
ORTHOCON 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 Stryker, Zimmer Biomet, Humacyte, Smith & Nephew and NuVasive, 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 |
3D-printed orthopedic products are manufactured for medical applications.
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| domain | founded_year | HQ Location |
Medical devices for multiple health purposes are manufactured.
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| domain | founded_year | HQ Location |
Human tissue-based products are developed for vascular disease applications.
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| domain | founded_year | HQ Location |
Manufacturer of knee, hip and shoulder joint replacements
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| domain | founded_year | HQ Location |
Smart surgical devices for spinal surgery are developed.
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| domain | founded_year | HQ Location |
Developer of devices for spine surgery
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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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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Orthocon
Frequently Asked Questions about ORTHOCON
When was ORTHOCON founded?
ORTHOCON was founded in 2005 and raised its 1st funding round 4 years after it was founded.
Where is ORTHOCON located?
ORTHOCON is headquartered in Irvington, United States. It is registered at Irvington, New Jersey, United States.
Is ORTHOCON a funded company?
ORTHOCON is a funded company, having raised a total of $27.16M across 2 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Apr 07, 2009.
What does ORTHOCON do?
Orthocon was founded in 2005 and is based in Irvington, United States. Operations focus on medical therapeutics within the orthopaedic and spine surgery sectors. Resorbable products, including the FDA-approved HEMASORB Bone Hemostat Matrix, are created to address active bone bleeding. This synthetic matrix is applied directly to sites and is substantially resorbed within 30 days, supporting surgical procedures.
Who are the top competitors of ORTHOCON?
What products or services does ORTHOCON offer?
ORTHOCON offers Hemostatic Bone Putty, MONTAGE, and Water-Soluble Hemostatic Bone Putty.