About Otto Bock
Otto Bock is a company based in Duderstadt (Germany) founded in 1919.. Otto Bock has raised $17 million across 13 funding rounds from investors including EQT, European Union and Military Health. Otto Bock has completed 7 acquisitions, including BionX Medical Technologies, Brillinger and EXOPULSE. Otto Bock offers products and services including Prosthetics, Orthotics, and Exoskeletons. Otto Bock operates in a competitive market with competitors including Proteor, Fourier Intelligence, H·ROBOTICS, Cyberdyne and Adapttech, among others.
- Headquarter Duderstadt, Germany
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Ottobock Se & Co. Kgaa
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Annual Revenue
$1.66 B (USD)7.33as on Dec 31, 2024
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Net Profit
$31.37 M (USD)-38.37as on Dec 31, 2024
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EBITDA
$311.25 M (USD)46.5as on Dec 31, 2024
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Total Equity Funding
$17 M (USD)
in 13 rounds
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Latest Funding Round
$313.66 K (USD), Grant
Oct 01, 2022
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Investors
EQT
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
BionX Medical Technologies
& 6 more
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IPO & Listings of Otto Bock
Otto Bock is a publicly listed company on the XETR with ticker symbol OBCK in Germany, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Otto Bock
Otto Bock offers a comprehensive portfolio of products and services, including Prosthetics, Orthotics, and Exoskeletons. 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.
Devices like C-Leg 4 for amputees to restore mobility effectively.
Solutions such as C-Brace for corrections and pain relief support.
Innovative aids to reduce strain in manufacturing and logistics settings.
Funding Insights of Otto Bock
Otto Bock has successfully raised a total of $17M across 13 strategic funding rounds. The most recent funding activity was a Grant round of $313.66 thousand completed in October 2022. 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 13
- Last Round Grant — $313,662
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First Round
First Round
(01 Jul 2008)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Grant - Otto Bock | Valuation |
investors |
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| Sep, 2019 | Amount | Grant - Otto Bock | Valuation |
investors |
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| May, 2018 | Amount | Grant - Otto Bock | 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 Otto Bock
Otto Bock has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include EQT, European Union and Military Health. 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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EQT is recognized as a global investment organization focused on value creation.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Administers health care and support for military personnel and operations.
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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 Otto Bock
Otto Bock has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include BionX Medical Technologies, Brillinger and EXOPULSE. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Lightweight exoskeletons are developed to assist walking for mobility-impaired users.
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2012 | ||||
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Electrotherapeutic suits are supplied for stroke and brain injury rehabilitation.
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2009 | ||||
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Online sports betting and casino games are provided globally.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Otto Bock
| 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 |
Otto Bock Comparisons
Competitors of Otto Bock
Otto Bock 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 Proteor, Fourier Intelligence, H·ROBOTICS, Cyberdyne and Adapttech, 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 |
Prostheses and orthoses devices are developed for orthopedic supports.
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| domain | founded_year | HQ Location |
Rehabilitation robotics development and redefining services are provided.
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| domain | founded_year | HQ Location |
Robotic rehabilitation systems are developed for remote patient treatment.
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| domain | founded_year | HQ Location |
Develops robotic assistive technology and commercial cleaning robots
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| domain | founded_year | HQ Location |
Smart prosthetic technology is developed for orthopedic rehabilitation adaptation.
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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 Otto Bock
Frequently Asked Questions about Otto Bock
When was Otto Bock founded?
Otto Bock was founded in 1919 and raised its 1st funding round 89 years after it was founded.
Where is Otto Bock located?
Otto Bock is headquartered in Duderstadt, Germany. It is registered at Duderstadt, Lower Saxony, Germany.
Who is the current CEO of Otto Bock?
Hans Georg Nader is the current CEO of Otto Bock.
Is Otto Bock a funded company?
Otto Bock is a funded company, having raised a total of $17M across 13 funding rounds to date. The company's 1st funding round was a Grant of $246.57K, raised on Jul 01, 2008.
What is the annual revenue of Otto Bock?
Annual revenue of Otto Bock is $1.66B as on Dec 31, 2024.
What does Otto Bock do?
Otto Bock was founded in 1919 in Duderstadt, Germany, and operates in the medical device sector focused on prosthetics and orthotics. A variety of solutions is provided, including prosthetic limbs, microprocessor-controlled knees like the C-Leg 4, orthotic braces such as the C-Brace for support and pain relief, wheelchairs, and exoskeletons. These products assist users in daily mobility and rehabilitation activities across global markets.
Who are the top competitors of Otto Bock?
Otto Bock's top competitors include Proteor, H·ROBOTICS and Adapttech.
What products or services does Otto Bock offer?
Otto Bock offers Prosthetics, Orthotics, and Exoskeletons.
Is Otto Bock publicly traded?
Yes, Otto Bock is publicly traded on XETR under the ticker symbol OBCK.
How many acquisitions has Otto Bock made?
Otto Bock has made 7 acquisitions, including BionX Medical Technologies, Brillinger, and EXOPULSE.
Who are Otto Bock's investors?
Otto Bock has 3 investors. Key investors include EQT, European Union, and Military Health.
What is Otto Bock's ticker symbol?
The ticker symbol of Otto Bock is OBCK on XETR.
What is Otto Bock's valuation?
The valuation of Otto Bock is $3.4B as of May 2017.