OrthogenRx

Doylestown, United States Founded: 2012 • Age: 14 yrs Acquired By Avanos
Generic Class III medical devices in orthopedics are developed.
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About OrthogenRx

OrthogenRx is a company based in Doylestown (United States) founded in 2012 was acquired by Avanos in December 2021.. OrthogenRx has raised $1.19 million across 4 funding rounds from investors including Avanos and Ben Franklin Technology Partners. The company has 1,522 employees as of December 31, 2017. OrthogenRx operates in a competitive market with competitors including Miach Orthopaedics, Rotation Medical, Cayenne Medical, Biorez and OrthoSpace, among others.

  • Headquarter Doylestown, United States
  • Employees 1522 as on 31 Dec, 2017
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.19 M (USD)

    in 4 rounds

  • Latest Funding Round
    $300 K (USD), Seed

    Mar 30, 2017

  • Investors
    Avanos

    & 1 more

  • Employee Count
    1522

    as on Dec 31, 2017

  • Acquired by
    Avanos

    (Dec 13, 2021)

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People of OrthogenRx
Headcount 10-50
Employee Profiles 8
Board Members and Advisors 5
Employee Profiles
People
Lynne Budnovitch
SVP, Operations & Compliance
People
Michael Daley
CEO & Founder
People
Rokiatou Dembele
Staff Accountant
People
Ingrid Moya
Senior Accountant

Unlock access to complete

Board Members and Advisors
people
Tom Petro
Chairman
people
Diane Sullivan
Director

Unlock access to complete

Funding Insights of OrthogenRx

OrthogenRx has successfully raised a total of $1.19M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $300 thousand completed in March 2017. 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 4
  • Last Round Seed — $300,000
  • First Round

    (31 Oct 2013)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2017 Amount Seed - OrthogenRx Valuation

investors

Dec, 2015 Amount Seed - OrthogenRx Valuation

investors

Dec, 2014 Amount Seed - OrthogenRx Valuation Ben Franklin Technology Partners
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 OrthogenRx

OrthogenRx has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Avanos and Ben Franklin Technology 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
Investor Description Founded Year Domain Location
Technology ecosystem growth is supported in Southeastern Pennsylvania.
Founded Year Domain Location
Medical devices for pain management and enteral feeding are manufactured.
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 OrthogenRx

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 - OrthogenRx

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

Orthogenrx Comparisons

Employees
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Competitors of OrthogenRx

OrthogenRx 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 Miach Orthopaedics, Rotation Medical, Cayenne Medical, Biorez and OrthoSpace, 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.

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domain founded_year HQ Location
Bio-engineered surgical implants for connective tissue repair are developed.
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A rotator cuff repair system is developed for disease treatment.
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Soft tissue reconstruction solutions for knee and shoulder
domain founded_year HQ Location
Bioresorbable scaffolds for ACL soft tissue regeneration are developed.
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Biodegradable balloon system for rotator cuff tear
domain founded_year HQ Location
3D-printed implants are developed for treating joint injuries.
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 Orthogenrx

Frequently Asked Questions about OrthogenRx

When was OrthogenRx founded?

OrthogenRx was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is OrthogenRx located?

OrthogenRx is headquartered in Doylestown, United States. It is registered at Doylestown, Pennsylvania, United States.

Is OrthogenRx a funded company?

OrthogenRx is a funded company, having raised a total of $1.19M across 4 funding rounds to date. The company's 1st funding round was a Seed of $575K, raised on Oct 31, 2013.

How many employees does OrthogenRx have?

As of Dec 31, 2017, the latest employee count at OrthogenRx is 1,522.

What does OrthogenRx do?

OrthogenRx was founded in 2012 in Doylestown, United States, where late-stage development of generic Class III medical devices in orthopedics is conducted. A product portfolio is maintained in the musculoskeletal sector, encompassing rheumatology, physiatry, orthopedics, and sports medicine specialties. Backing from Ben Franklin Technology Partners has been secured, including 175K in funding. Operations center on generic devices for these therapeutic areas.

Who are the top competitors of OrthogenRx?

OrthogenRx's top competitors include Miach Orthopaedics, Nanochon and ZuriMED Technologies.

Who are OrthogenRx's investors?

OrthogenRx has 2 investors. Key investors include Avanos, and Ben Franklin Technology Partners.

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