About OrthoSpin
OrthoSpin is a company based in Misgav (Israel) founded in 2014 was acquired by DePuy Synthes in November 2021.. OrthoSpin has raised $8 million across 3 funding rounds from investors including The Trendlines Group, DePuy Synthes and Johnson & Johnson Innovation. OrthoSpin offers products and services including MAXFRAME AUTOSTRUT™ System, Physician User Manual, and Patient User Manual. OrthoSpin operates in a competitive market with competitors including Biomet, Treace Medical Concepts, Bioretec, IlluminOss Medical and Loci Orthopaedics, among others.
- Headquarter Misgav, Israel
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Sectors
Healthcare
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Phone
*********
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Website
*********
- Legal Name Orthospin Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Series B
Mar 31, 2020
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Investors
The Trendlines Group
& 2 more
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Employee Count
Employee Count
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Acquired by
DePuy Synthes
(Nov 04, 2021)
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Products & Services of OrthoSpin
OrthoSpin offers a comprehensive portfolio of products and services, including MAXFRAME AUTOSTRUT™ System, Physician User Manual, and Patient User Manual. 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.
Medical system for orthopedic treatments with surgical support.
Guide for indications, use, and surgical techniques in orthopedics.
Instructions for patients on device usage and care.
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Funding Insights of OrthoSpin
OrthoSpin has successfully raised a total of $8M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in March 2020. 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 3
- Last Round Series B — $5.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series B - OrthoSpin | Valuation | Johnson & Johnson Innovation , The Trendlines Group |
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| Jul, 2018 | Amount | Series A - OrthoSpin | Valuation | Johnson & Johnson Innovation |
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| Dec, 2015 | Amount | Seed - OrthoSpin | 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 OrthoSpin
OrthoSpin has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include The Trendlines Group, DePuy Synthes and Johnson & Johnson Innovation. 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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Venture capital fund and startup incubator for healthcare and agricultural companies
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Orthopedic and neurosurgery products are developed and marketed worldwide.
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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 OrthoSpin
| 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 - OrthoSpin
| 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 |
Orthospin Comparisons
Competitors of OrthoSpin
OrthoSpin 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 Biomet, Treace Medical Concepts, Bioretec, IlluminOss Medical and Loci Orthopaedics, 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 |
Orthopedic surgical and non-surgical products are designed and distributed.
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| domain | founded_year | HQ Location |
Orthopedic foot and ankle correction systems are developed and offered.
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| domain | founded_year | HQ Location |
Provider of bioabsorbable, bioactive and drug-releasing surgical implants
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| domain | founded_year | HQ Location |
Minimally invasive orthopedic systems for bone fracture stabilization are developed.
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| domain | founded_year | HQ Location |
Thumb implant for thumb base arthritis
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| domain | founded_year | HQ Location |
Orthopedic medical devices for upper and lower extremities are developed.
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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 Orthospin
Frequently Asked Questions about OrthoSpin
When was OrthoSpin founded?
OrthoSpin was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is OrthoSpin located?
OrthoSpin is headquartered in Misgav, Israel. It is registered at Misgav, Northern District, Israel.
Is OrthoSpin a funded company?
OrthoSpin is a funded company, having raised a total of $8M across 3 funding rounds to date.
What does OrthoSpin do?
OrthoSpin was founded in 2014 in Misgav, Israel, within the medical device sector focused on orthopedics. A hexapod-shaped external frame system is developed to stabilize bone injuries until healing, with automatic adjustments to struts based on treatment plans. Bone lengthening and limb deformity corrections are supported through this system. Proprietary software is provided for physicians to track patient progress and modify schedules as needed.
Who are the top competitors of OrthoSpin?
OrthoSpin's top competitors include Treace Medical Concepts, Loci Orthopaedics and Bioretec.
What products or services does OrthoSpin offer?
OrthoSpin offers MAXFRAME AUTOSTRUT™ System, Physician User Manual, and Patient User Manual.
Who are OrthoSpin's investors?
OrthoSpin has 3 investors. Key investors include The Trendlines Group, DePuy Synthes, and Johnson & Johnson Innovation.