About OrthoSpace
OrthoSpace is a company based in Caesarea (Israel) founded in 2009 by Assaf Dekel was acquired by Stryker in March 2019.. OrthoSpace has raised $23.6 million across 5 funding rounds from investors including Stryker, Smith & Nephew and HealthpointCapital. OrthoSpace operates in a competitive market with competitors including Miach Orthopaedics, Rotation Medical, Cayenne Medical, Biorez and Nanochon, among others.
- Headquarter Caesarea, Israel
- Founders Assaf Dekel
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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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Funding Insights of OrthoSpace
OrthoSpace has successfully raised a total of $23.6M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $7 million completed in December 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 5
- Last Round Series B — $7.0M
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First Round
First Round
(10 Sep 2009)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Series B - OrthoSpace | Valuation |
investors |
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| May, 2015 | Amount | Series B - OrthoSpace | Valuation |
investors |
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| Jul, 2013 | Amount | Series B - OrthoSpace | Valuation |
investors |
| 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 OrthoSpace
OrthoSpace has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Stryker, Smith & Nephew and HealthpointCapital. 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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HealthpointCapital is focused on private equity in musculoskeletal healthcare.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early stage healthcare startups
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Founded Year | Domain | Location | |
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Manufacturer of knee, hip and shoulder joint replacements
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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 OrthoSpace
| 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 - OrthoSpace
| 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 |
Orthospace Comparisons
Competitors of OrthoSpace
OrthoSpace 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 Nanochon, 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 |
Bio-engineered surgical implants for connective tissue repair are developed.
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| domain | founded_year | HQ Location |
A rotator cuff repair system is developed for disease treatment.
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| domain | founded_year | HQ Location |
Soft tissue reconstruction solutions for knee and shoulder
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| domain | founded_year | HQ Location |
Bioresorbable scaffolds for ACL soft tissue regeneration are developed.
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| domain | founded_year | HQ Location |
3D-printed implants are developed for treating joint injuries.
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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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Frequently Asked Questions about OrthoSpace
When was OrthoSpace founded?
OrthoSpace was founded in 2009.
Where is OrthoSpace located?
OrthoSpace is headquartered in Caesarea, Israel. It is registered at Caesarea, Haifa, Israel.
Is OrthoSpace a funded company?
OrthoSpace is a funded company, having raised a total of $23.6M across 5 funding rounds to date. The company's 1st funding round was a Series B of $5M, raised on Sep 10, 2009.
What does OrthoSpace do?
OrthoSpace develops and commercializes a biodegradable balloon system, InSpace, which is deployed using minimally invasive techniques. The shoulder is a complicated joint that requires the interconnected functioning of tendons, ligaments and bones. The InSpace Balloon, which is implanted between the acromion and the humeral head, creates a space between the bone structures(acromion and humeral head), allowing smooth and frictionless gliding. The system is designed to create a physical barrier between tissues in the subacromial space. The company claims that the InSpace biodegradable balloon system emulates the activity of the normal bursa and offers patients less pain, and a shorter rehabilitation period. As of 2016, The InSpace System has the CE mark and is commercially available in Europe.
Who are the top competitors of OrthoSpace?
OrthoSpace's top competitors include Miach Orthopaedics, Nanochon and ZuriMED Technologies.
Who are OrthoSpace's investors?
OrthoSpace has 5 investors. Key investors include Stryker, Smith & Nephew, HealthpointCapital, Johnson & Johnson Innovation, and Triventures.
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