About Paradigm Spine
Paradigm Spine is a Healthcare company based in New York (United States) founded in 2005, and was acquired by RTI Surgical in November 2018. Stabilization devices for healthcare are manufactured by the company. Paradigm Spine has raised $142.15 million across 15 funding rounds from investors including Fifth Third Bancorp, PDL BioPharma and Trevi Health Ventures. The company has 43 employees. Paradigm Spine offers products and services including HPS 2.0, Coflex, CoFix, Fortilink-TC, and DCI. Its focus areas include Life Sciences, Orthopedics, Medical Devices and Therapies. Its legal entity is Paradigm Spine GmbH. Its competitors include Nevro, ATEC Spine and Vertos Medical; 2 of its 3 listed competitors have raised funding.
Company details
Paradigm Spine was founded in 2005 and is based in New York, United States. Operations focus on the healthcare sector, where stabilization devices are produced for spinal treatments. Non-fusion spinal implant solutions, including the coflex Interlaminar Stabilization device, are offered specifically for lumbar spinal stenosis. Manufacturing activities support medical applications in orthopedics.
- Headquarters New York, United States
- Employees 43
- Stage Acquired
- SectorsHealthcare
- Website paradigmspine.com
- Social LinkedIn X Facebook
- Acquired by RTI Surgical (Nov 2018)
- Legal Name Paradigm Spine Gmbh
- Total Equity Funding$142.15M (USD)
in 15 rounds
- Latest Funding Round$75M (USD), Debt – Conventional
Dec 2014
- InvestorsFifth Third Bancorp
& 6 more
- Employee Count43
- Acquired byRTI Surgical
(Nov 2018)
Products & Services of Paradigm Spine
Paradigm Spine offers a comprehensive portfolio of products and services, including HPS 2.0, Coflex, CoFix, Fortilink-TC, and DCI.
Provides universal spine stabilization with fusion and dynamic options.
Offers minimally invasive treatment for spinal canal stenosis relief.
Supports segmental stabilization after spinal decompression procedures.
Facilitates bone ingrowth for spinal fusion using titanium technology.
Enables controlled movement for cervical spine stabilization and protection.
Funding Insights of Paradigm Spine
Paradigm Spine has successfully raised a total of $142.15M across 15 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $75 million completed in December 2014. 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 $142.15M
- Total Rounds 15
- Last Round Debt – Conventional — $75M
- First Round $2.1M
(Nov 2005)
- Investors Count 6
Latest 10 of 15 funding rounds of Paradigm Spine with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2014 | $75M | Debt – Conventional | – | – | |
| Feb 2014 | $75M | Debt – Venture | – | – | |
| Nov 2012 | $10M | Series E | – | – | – |
| Nov 2012 | $10M | Series E | – | – | – |
| Feb 2012 | $8.15M | Series E | – | – | – |
| Sep 2009 | $6.5M | Series E | – | – | |
| Jul 2009 | $6.5M | Series E | – | – | |
| Jul 2009 | $15M | Debt – Conventional | – | – | |
| Jun 2009 | $23M | Series E | – | – | – |
| Jun 2009 | $23M | Series E | – | – | – |
7 investors in total: 7 institutional.
Investors in Paradigm Spine
Paradigm Spine has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Fifth Third Bancorp, PDL BioPharma and Trevi Health Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Biopharmaceutical company undergoing dissolution and asset distribution processes. | pdl.com | |||
| trevihealth.com | ||||
Praefinium's website is currently under reconstruction. | praefinium.com | |||
| healthcorpartners.com | ||||
Commercial bank | 1858 | 53.com | Cincinnati, United States | |
An investment management firm using long/short hedge fund strategies. | 2005 | healthcormanagement.com | New York, United States | |
Develops innovative technologies for spinal and orthopedic implants and instruments. | 1992 | rtix.com | Alachua, United States |
Investor details for Paradigm Spine
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- Complete investor list
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Timeline of Paradigm Spine
4 dated milestones of Paradigm Spine across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Paradigm Spine is founded.
- Funding First funding round of $2.1M.
- Funding Latest funding round, Debt – Conventional, of $75.0M.
- Exit Acquired by RTI Surgical.
Competitors of Paradigm Spine
Paradigm Spine has 3 listed competitors in our database, 2 of them funded. They include Nevro, ATEC Spine and Vertos Medical.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nevro.com | 2006 | Menlo Park, United States | $154.1M | 1,215 | Provider of high-frequency spinal cord stimulation implants | |
| atecspine.com | 1990 | San Diego, United States | 839 | Treatment solutions for spine disorders are developed. | ||
| vertosmed.com | 2005 | Aliso Viejo, United States | $177.75M | 140 | Minimally invasive treatments for lumbar spinal stenosis are developed. |
Detailed competitors of Paradigm Spine
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- Full competitor set
- Operating metrics
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Web traffic of Paradigm Spine
The website of Paradigm Spine (paradigmspine.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 61.1% vs previous month
Websites whose visitors overlap most with Paradigm Spine. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| coflexsolution.com | 100% | 2.6K | #6,968,288 | View details | |
| optovue.com | 97% | View details | |||
parker.blackboard.com | parker.blackboard.com | 94% | – | ||
| omeros.com | 64% | 15.6K | #1,695,799 | View details | |
medavante.net | medavante.net | 64% | #4,306,576 | – |
Top companies in Orthopedics
3 companies that operate in the same segment as Paradigm Spine (Orthopedics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of high-frequency spinal cord stimulation implants | 2006 | Menlo Park, California, United States | USD 154.1 M | USD 353.08 M | 1,215 | |
Developer of therapies for the treatment of musculoskeletal disorders | 2007 | Woburn, Massachusetts, United States | USD 62 M | USD 85.55 M | 692 | |
Antibody-siRNA complexes are developed for cancer treatment. | 2012 | San Diego, California, United States | USD 142.54 M | USD 10.9 M | 391 |
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Frequently Asked Questions about Paradigm Spine
Paradigm Spine was founded in 2005.
Paradigm Spine is headquartered in New York, United States. It is registered at New York, New York, United States.
Paradigm Spine is a funded company, having raised a total of $142.15M across 15 funding rounds to date. The company's 1st funding round was a Series E of $23M, raised on Nov 2005.
Paradigm Spine has 43 employees.
Paradigm Spine was founded in 2005 and is based in New York, United States. Operations focus on the healthcare sector, where stabilization devices are produced for spinal treatments. Non-fusion spinal implant solutions, including the coflex Interlaminar Stabilization device, are offered specifically for lumbar spinal stenosis. Manufacturing activities support medical applications in orthopedics.
Paradigm Spine's top competitors include Nevro, ATEC Spine and Vertos Medical.
Paradigm Spine offers HPS 2.0, Coflex, CoFix, Fortilink-TC, and DCI.
Paradigm Spine has 7 investors. Key investors include Fifth Third Bancorp, PDL BioPharma, Trevi Health Ventures, Praefinium, and HealthCor Partners.
Paradigm Spine operates through Paradigm Spine Gmbh.
Yes. Paradigm Spine was acquired by RTI Surgical in November 2018.