About OrthoGrid Systems
OrthoGrid Systems is a company based in Salt Lake City (United States) founded in 2012 was acquired by Zimmer Biomet in August 2024.. OrthoGrid Systems has raised $2.26 million across 4 funding rounds from investors including Zimmer Biomet. The company has 15 employees as of December 31, 2023. OrthoGrid Systems offers products and services including ROSA® Robotics, Hip AI®, ZBEdge® Analytics, and Persona IQ®. OrthoGrid Systems operates in a competitive market with competitors including Stryker, NuVasive, In'Tech Medical, CARLSMED and Zavation, among others.
- Headquarter Salt Lake City, United States
- Employees 15 as on 31 Dec, 2023
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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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Annual Revenue
$00as on Dec 23, 2014
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Net Profit
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EBITDA
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Total Equity Funding
$2.26 M (USD)
in 4 rounds
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Latest Funding Round
$500 K (USD), Seed
Apr 20, 2016
- Investors
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Employee Count
15
as on Dec 31, 2023
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Acquired by
Zimmer Biomet
(Aug 07, 2024)
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Products & Services of OrthoGrid Systems
OrthoGrid Systems offers a comprehensive portfolio of products and services, including ROSA® Robotics, Hip AI®, ZBEdge® Analytics, and Persona IQ®. 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.
System for accurate assistance in orthopedic surgeries
Tool to optimize hip arthroplasty and image interpretation
Platform for connecting products and improving patient care
Intelligent system for orthopedic surgery management
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Software Development Team
170 people
Sales and Marketing
120 people
Leadership Team
79 people
Finance and Accounting
35 people
Human Resources and Administration
29 people
Operations Team
26 people
Product Management Team
21 people
Senior Team
16 people
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Funding Insights of OrthoGrid Systems
OrthoGrid Systems has successfully raised a total of $2.26M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in April 2016. 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 4
- Last Round Seed — $500,000
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First Round
First Round
(23 Dec 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Seed - OrthoGrid Systems | Valuation |
investors |
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| Dec, 2015 | Amount | Seed - OrthoGrid Systems | Valuation |
investors |
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| Jul, 2015 | Amount | Seed - OrthoGrid Systems | Valuation |
investors |
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| 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 OrthoGrid Systems
OrthoGrid Systems has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Zimmer Biomet. 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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Medical devices for multiple health purposes are manufactured.
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Founded Year | Domain | Location |
| 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by OrthoGrid Systems
| 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 - OrthoGrid Systems
| 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 |
Orthogrid Systems Comparisons
Competitors of OrthoGrid Systems
OrthoGrid Systems 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, NuVasive, In'Tech Medical, CARLSMED and Zavation, 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 |
3D-printed orthopedic products are manufactured for medical applications.
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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 |
Surgical instruments for orthopaedics are developed and manufactured.
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| domain | founded_year | HQ Location |
Developer of devices for spine surgery
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| domain | founded_year | HQ Location |
Medical devices for spine surgery are designed, manufactured, and distributed.
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| domain | founded_year | HQ Location |
Modular 3D-printed implants are developed for musculoskeletal tumor surgeries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Orthogrid Systems
Frequently Asked Questions about OrthoGrid Systems
When was OrthoGrid Systems founded?
OrthoGrid Systems was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is OrthoGrid Systems located?
OrthoGrid Systems is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Is OrthoGrid Systems a funded company?
OrthoGrid Systems is a funded company, having raised a total of $2.26M across 4 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Dec 23, 2014.
How many employees does OrthoGrid Systems have?
As of Dec 31, 2023, the latest employee count at OrthoGrid Systems is 15.
What does OrthoGrid Systems do?
OrthoGrid Systems provides surgical guidance systems that make radiopaque grid patterns to aid surgeons in orthopaedic surgery. OrthoGrid works by attaching to the inside of the sterile cover of a 9 or 12 C-arm. Once in place, the orientation and position of the grid pattern can be fine-tuned over the appropriate anatomical landmarks to visualize and assess implant positioning and anatomic alignment. Their intraoperative guides are used for joint reconstruction, arthroplasty, and trauma. As of October 2016, currently available products include The Hip Guard Drone for Direct Anterior Total Hip Arthroplasty Posterior Approach Total Hip Arthroplasty. The company plans to introduce grids for Shoulder, Knee, Wrist, and Ankle in the future.
Who are the top competitors of OrthoGrid Systems?
What products or services does OrthoGrid Systems offer?
OrthoGrid Systems offers ROSA® Robotics, Hip AI®, ZBEdge® Analytics, and Persona IQ®.
Who are OrthoGrid Systems's investors?
OrthoGrid Systems has 1 investor. Key investors include Zimmer Biomet.
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