OrthoSpace

Caesarea, Israel Founded: 2009 • Age: 17 yrs Acquired By Stryker
Biodegradable balloon system for rotator cuff tear
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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
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • 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
    Employee Count
  • 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.

  • Total Funding
  • Total Rounds 5
  • Last Round Series B — $7.0M
  • First Round

    (10 Sep 2009)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2016 Amount Series B - OrthoSpace Valuation

investors

May, 2015 Amount Series B - OrthoSpace Valuation

investors

Jul, 2013 Amount Series B - OrthoSpace Valuation

investors

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 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.

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

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 - OrthoSpace

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

Orthospace Comparisons

Employees
+
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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. 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.
domain founded_year HQ Location
A rotator cuff repair system is developed for disease treatment.
domain founded_year HQ Location
Soft tissue reconstruction solutions for knee and shoulder
domain founded_year HQ Location
Bioresorbable scaffolds for ACL soft tissue regeneration are developed.
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 Orthospace

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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