About Paradigm Spine
Paradigm Spine is a company based in New York (United States) founded in 2005 was acquired by RTI Surgical in November 2018.. 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 as of December 31, 2020. Paradigm Spine offers products and services including HPS 2.0, Coflex, CoFix, Fortilink-TC, and DCI. Paradigm Spine operates in a competitive market with competitors including Nevro, ATEC Spine, Vertos Medical, Relievant Medsystems and LimiFlex, among others.
- Headquarter New York, United States
- Employees 43 as on 31 Dec, 2020
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Paradigm Spine Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$142.15 M (USD)
in 15 rounds
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Latest Funding Round
$75 M (USD), Debt – Conventional
Dec 18, 2014
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Investors
Fifth Third Bancorp
& 6 more
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Employee Count
43
as on Dec 31, 2020
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Acquired by
RTI Surgical
(Nov 01, 2018)
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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. 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.
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 Total Funding
- Total Rounds 15
- Last Round Debt – Conventional — $75.0M
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First Round
First Round
(01 Nov 2005)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2014 | Amount | Debt – Conventional - Paradigm Spine | Valuation |
investors |
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| Feb, 2014 | Amount | Debt – Venture - Paradigm Spine | Valuation |
investors |
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| Nov, 2012 | Amount | Series E - Paradigm Spine | Valuation |
investors |
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| 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 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. 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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Biopharmaceutical company undergoing dissolution and asset distribution processes.
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Praefinium's website is currently under reconstruction.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Paradigm Spine
| 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 - Paradigm Spine
| 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 |
Paradigm Spine Comparisons
Competitors of Paradigm Spine
Paradigm Spine 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 Nevro, ATEC Spine, Vertos Medical, Relievant Medsystems and LimiFlex, 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 |
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| domain | founded_year | HQ Location |
Provider of high-frequency spinal cord stimulation implants
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| domain | founded_year | HQ Location |
Treatment solutions for spine disorders are developed.
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| domain | founded_year | HQ Location |
Minimally invasive treatments for lumbar spinal stenosis are developed.
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| domain | founded_year | HQ Location |
Developer of medical devices for patients suffering from chronic vertebrogenic low back pain
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| domain | founded_year | HQ Location |
Spinal implants are developed for treating spinal stenosis.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Paradigm Spine
Frequently Asked Questions about Paradigm Spine
When was Paradigm Spine founded?
Paradigm Spine was founded in 2005.
Where is Paradigm Spine located?
Paradigm Spine is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Paradigm Spine a funded company?
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 $10M, raised on Nov 01, 2005.
How many employees does Paradigm Spine have?
As of Dec 31, 2020, the latest employee count at Paradigm Spine is 43.
What does Paradigm Spine do?
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.
Who are the top competitors of Paradigm Spine?
Paradigm Spine's top competitors include Nevro, ATEC Spine and Vertos Medical.
What products or services does Paradigm Spine offer?
Paradigm Spine offers HPS 2.0, Coflex, CoFix, Fortilink-TC, and DCI.
Who are Paradigm Spine's investors?
Paradigm Spine has 7 investors. Key investors include Fifth Third Bancorp, PDL BioPharma, Trevi Health Ventures, Praefinium, and HealthCor Partners.
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