Ortholite

Springfield, United States Founded: 1997 • Age: 29 yrs Acquired By Coats
Open-cell foam insoles for footwear are manufactured by the company.

About Ortholite

Ortholite is a Consumer company based in Springfield (United States) founded in 1997, and was acquired by Coats in July 2025. Open-cell foam insoles for footwear are manufactured by the company. The company has 158 employees. Its website ortholite.com draws about 44 thousand monthly visits. Its Indian entity Ortholite India Private Limited reported revenue of β‚Ή80.31 Cr. Ortholite offers products and services including Insoles and Sustainability Solutions. Its focus areas include Consumer Goods, Footwear Brands, Shoe Care & Accessories and Shoe Insoles.

Company details

Ortholite was founded in 1997 and is headquartered in Springfield, United States. Operations focus on the footwear sector, where open-cell foam insoles are produced with features including cushioning, moisture management, and breathability. Vertical integration is maintained from raw material formulation through to distribution. Custom formulations are offered to footwear brands worldwide, and sustainable practices are employed, incorporating recycled materials in production.

Operational Areas
Key Metrics
  • Indian entity revenue
    ₹80.31 Cr

    FY 2025 · +86% YoY

  • Indian entity net loss
    -₹6.72 Cr

    FY 2025 · -8% margin

  • Indian entity EBITDA
    -₹3.49 Cr

    FY 2025 · -4% margin

  • Latest Funding Round
    $212M (USD), Debt – Conventional

    Oct 2016

  • Investors
    Coats

    & 2 more

  • Employee Count
    158
  • Acquired by
    Coats

    & 2 more

    (Jul 2025)

Products & Services of Ortholite

Ortholite offers a comprehensive portfolio of products and services, including Insoles and Sustainability Solutions.

Insoles
Footwear Components

Insoles are manufactured using open-cell foam to provide comfort and performance in footwear.

Sustainability Solutions
Environmental Services

End-of-life materials solutions are offered to support recycling and sustainable practices in the footwear industry.

Apps and channels of Ortholite

its YouTube channel OrthoLite has 302 subscribers and 30 videos.

OrthoLite
YouTube 302 subscribers 30 videos Entertainment
Open channel

Videos from Ortholite

The most watched videos on Ortholite's YouTube channel, OrthoLite (302 subscribers). Click a video to play it here.

OrthoLite Insole Features & Benefits
2.3K views
An Inside Look at OrthoLite Indonesia
2.1K views
An Inside Look at OrthoLite Vietnam
1.7K views
Introducing The Fully Recyclable Cirql rTPU30 Midsole
1.1K views

More on OrthoLite.

Funding Insights of Ortholite

  • Total Rounds 2
  • Last Round Debt – Conventional β€” $212M
  • Investors Count 1

All 2 funding rounds of Ortholite with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2016$212MDebt – Conventional––
–
Jun 2014Series B––
Valuation history

3 investors in total: 3 institutional.

Investors in Ortholite

Ortholite has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Coats, Blue Point Capital Partners and Trilantic Capital Partners North America.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Blue Point Capital Partners is engaged in private equity investments.
bluepointcapital.comCleveland, United States
Private equity investments are targeted at North American companies.
trilanticnorthamerica.comNew York, United States
Industrial thread is manufactured by Coats for global industries.
1755coats.comUxbridge, United Kingdom
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Investor details for Ortholite

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Ortholite India Private Limited (Ortholite)

Ortholite India Private Limited is the primary company behind Ortholite. The board of Ortholite India Private Limited currently have 5 directors; the longest-serving is Mecca Irshad Ahmed, appointed in 2019. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mecca Irshad Ahmed
DIN 00013774
Director30 Dec 20196 yrs 10 moOrtholite India Private Limited
Charles Broderick Tuite
DIN 09083085
Director01 Mar 20215 yrs 7 moOrtholite India Private Limited
Milton Percy Brice
DIN 05126662
Director01 Mar 20215 yrs 7 moOrtholite India Private Limited
Dhareshwar Ramadas Vinod
DIN 09411330
Director24 Nov 20214 yrs 11 moOrtholite India Private Limited
Richard Andrew Bevan
DIN 06424695
Director09 Jan 20242 yrs 9 moOrtholite India Private Limited

People of Ortholite

31 people are tracked at Ortholite (12 in leadership, 19 in team); the tracked headcount is 158.

NameRoleGroup
Kristin Carpenter
Chief Brand OfficerLeadership
Dan Legor
Global Director Of MarketingLeadership
Glenn Barrett
Founder and CEOLeadership
William S.f. Hsieh
Sales Director - Key AccountsLeadership
Mariano Tulli
Brand PartnerLeadership
Marty Greenwald
Global Sales DirectorLeadership
Ak Lukman Liem Se, Ca
Financial DirectorLeadership
Cathy Cheuk
Vice President Finance, AsiaLeadership
Naveen Kumar
Head Of OperationsLeadership
Andrew Downes
Sales Director Key AccountsLeadership
Marc Kronenberg
Cirql Innovations - Director Of Development And CommercialisationLeadership
Raj Santhana
Vice President Of Operational ExcellenceLeadership
Syahrizal Maulana Suryadi
Internal ControllerTeam
Marisa Costa
Sales Manager, PortugalTeam
Dave Dove
Finance & Sales Plannng And Analysis ManagerTeam
Yosef Bayu Anggoro
Finance & Accounting ManagerTeam
Patricia Ruano
Responsable Financiero En Ortholite Spain SLTeam
Olivia Billingsley
Sales Manager, Premium At OrtholiteTeam
Awaan Aadil
Senior Global Manager, Marketing & SustainabilityTeam
Irene Tran
Corporate Social Responsibility SpecialistTeam

11 more people are available in the full profile.

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Complete people profiles for Ortholite

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Financials of Ortholite

Figures of Ortholite India Private Limited, the primary company behind Ortholite, for FY 2025. Revenue was ₹80.31 Cr (+86% year on year). Net loss was -₹6.72 Cr (-8% margin). EBITDA was -₹3.49 Cr (-4% margin). Revenue has grown at a compounded annual rate of +123% over three years.

  • ₹80.31 CrRevenue · FY 2025 · +86% YoY
  • -₹6.72 CrNet loss · -8% margin
  • -₹3.49 CrEBITDA · -4% margin
  • ₹7.50 CrPaid-up capital
  • 158Employees (provident fund records)
  • +123%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Ortholite India Private Limited are on its company page.

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Detailed financial statements for Ortholite

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Ortholite

6 dated milestones of Ortholite across 28 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ortholite is founded.
  2. Exit Acquired by Blue Point Capital Partners.
  3. Funding First funding round.
  4. Funding Latest funding round, Debt – Conventional, of $212.0M.
  5. Exit Acquired by Trilantic Capital Partners North America.
  6. Exit Acquired by Coats.

Web traffic of Ortholite

The website of Ortholite (ortholite.com) receives about 44.1K visits a month.

  • Monthly visits
    44.1K

    ▲ 58.1% vs previous month

Similar websites

Websites whose visitors overlap most with Ortholite. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
forminsoles.com
forminsoles.com
100%
#3,227,327–
timberland.com.hk
timberland.com.hk
94%
#1,743,721–
walkfulton.com
walkfulton.com
88%
#361,916–
insoles.com
insoles.com
86%
#1,000,724–
propetfootwear.com
86%
77.6K#324,661View details
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All 27 similar websites and full traffic analytics for Ortholite

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  • 27 similar websites
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Top companies in Footwear Brands

3 companies that operate in the same segment as Ortholite (Footwear Brands) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Brand of footwear
2002Broomfield, Colorado, United StatesUSD 4.04 B7,910
Internet first brand offering eco-friendly footwear for men and women
2015San Francisco, California, United StatesUSD 254.66 MUSD 152.47 M388
Cowboy boots, western wear, and workwear are retailed by BootBarn.
1978Irvine, California, United StatesUSD 2.25 B10,400
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Related news about Ortholite

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Complete news archive for Ortholite

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Frequently Asked Questions about Ortholite

Ortholite was founded in 1997 and raised its 1st funding round 17 years after it was founded.

Ortholite is headquartered in Springfield, United States.

Ortholite has 158 employees.

The primary company behind Ortholite, Ortholite India Private Limited, reported revenue of β‚Ή80.31 Cr for FY 2025, up 86% year on year.

Ortholite was founded in 1997 and is headquartered in Springfield, United States. Operations focus on the footwear sector, where open-cell foam insoles are produced with features including cushioning, moisture management, and breathability. Vertical integration is maintained from raw material formulation through to distribution. Custom formulations are offered to footwear brands worldwide, and sustainable practices are employed, incorporating recycled materials in production.

Ortholite offers Insoles and Sustainability Solutions.

Ortholite has 3 investors. Key investors include Coats, Blue Point Capital Partners, and Trilantic Capital Partners North America.

Ortholite operates through Ortholite India Private Limited.

Yes. Ortholite was acquired by Trilantic Capital Partners North America in July 2017.

The legal entities of Ortholite currently have 5 directors, including Richard Andrew Bevan, Charles Broderick Tuite, Milton Percy Brice and others.

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