OrthoSpace

Caesarea, Israel Founded: 2009 • Age: 17 yrs Acquired By Stryker
Biodegradable balloon system for rotator cuff tear
Annual revenue - Latest available
Total funding $23.6M 5 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $23.6 M (USD)

    in 5 rounds

  • Latest Funding Round
    $7 M (USD), Series B

    Dec 01, 2016

  • Investors
    Stryker

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    Stryker

    (Mar 14, 2019)

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
HealthpointCapital is focused on private equity in musculoskeletal healthcare.
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Venture capital firm investing in early stage healthcare startups
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Manufacturer of knee, hip and shoulder joint replacements
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Investor details for OrthoSpace

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Investments & Acquisitions by OrthoSpace

Investments
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Investment portfolio details for OrthoSpace

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  • Transaction dates
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Financial Statements - OrthoSpace

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Detailed financials for OrthoSpace

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Orthospace Comparisons

OrthoSpace Primary company
Description
Biodegradable balloon system for rotator cuff tear
Location
Caesarea, Israel
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for OrthoSpace

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Bio-engineered surgical implants for connective tissue repair are developed.
Locked Locked Locked
A rotator cuff repair system is developed for disease treatment.
Locked Locked Locked
Soft tissue reconstruction solutions for knee and shoulder
Locked Locked Locked
Bioresorbable scaffolds for ACL soft tissue regeneration are developed.
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3D-printed implants are developed for treating joint injuries.
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Detailed competitors of OrthoSpace

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Latest news on Orthospace

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Complete news archive for OrthoSpace

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Frequently Asked Questions about OrthoSpace

OrthoSpace was founded in 2009.

OrthoSpace is headquartered in Caesarea, Israel. It is registered at Caesarea, Haifa, Israel.

OrthoSpace is a funded company, having raised a total of $23.6M across 5 funding rounds to date.

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.

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

OrthoSpace has 5 investors. Key investors include Stryker, Smith & Nephew, HealthpointCapital, Johnson & Johnson Innovation, and Triventures.

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