About Shoulder Innovations
Shoulder Innovations is a company based in Holland (United States) founded in 2009 by Stephen Gunther.. Shoulder Innovations has raised $139.29 million across 13 funding rounds from investors including Fidelity Investments, Trinity Cap and Genesis Innovation Group. Shoulder Innovations offers products and services including InSet™ Total Shoulder Arthroplasty, InSet™ Reverse Shoulder Arthroplasty, ProVoyance™ Shoulder Planning Software, and InSet™ Tray System. Shoulder Innovations operates in a competitive market with competitors including OrthAlign, Axial3D, Cartiva, Biorad Medisys and Conventus Flower Orthopedics, among others.
- Headquarter Holland, United States
- Founders Stephen Gunther
- 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 Shoulder Innovations, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$139.29 M (USD)
in 13 rounds
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Latest Funding Round
$40 M (USD), Series E
Jul 21, 2025
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Investors
Fidelity Investments
& 18 more
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Employee Count
Employee Count
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IPO & Listings of Shoulder Innovations
Shoulder Innovations is a publicly listed company on the NYSE with ticker symbol SI in USA, 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 Shoulder Innovations
Shoulder Innovations offers a comprehensive portfolio of products and services, including InSet™ Total Shoulder Arthroplasty, InSet™ Reverse Shoulder Arthroplasty, ProVoyance™ Shoulder Planning Software, and InSet™ Tray System. 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.
Implant for total shoulder replacement surgeries.
Device for reverse shoulder replacement procedures.
Application for preoperative shoulder surgery planning.
Tray for organizing shoulder arthroplasty instruments.
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Funding Insights of Shoulder Innovations
Shoulder Innovations has successfully raised a total of $139.29M across 13 strategic funding rounds. The most recent funding activity was a Series E round of $40 million completed in July 2025. 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 Series E — $40.0M
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First Round
First Round
(18 Nov 2011)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series E - Shoulder Innovations | Valuation |
investors |
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| Mar, 2025 | Amount | Series E - Shoulder Innovations | Valuation | USVP | |
| Aug, 2023 | Amount | Debt – Venture - Shoulder Innovations | 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 Shoulder Innovations
Shoulder Innovations has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include Fidelity Investments, Trinity Cap and Genesis Innovation Group. 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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VC firm that focuses on early stage investments in the US
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Founded Year | Domain | Location | |
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Private equity and venture captial firm focused on healthcare sectors
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Founded Year | Domain | Location | |
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A healthcare-focused investment firm supporting innovative company growth.
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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 Shoulder Innovations
| 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 - Shoulder Innovations
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Shoulder Innovations Comparisons
Competitors of Shoulder Innovations
Shoulder Innovations 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 OrthAlign, Axial3D, Cartiva, Biorad Medisys and Conventus Flower Orthopedics, 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 |
Knee and hip alignment devices and technology
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| domain | founded_year | HQ Location |
Provider of cloud-based 3D-printed medical models and surgical guides
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| domain | founded_year | HQ Location |
Synthetic cartilage implants are developed for osteoarthritis treatment.
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| domain | founded_year | HQ Location |
Medical devices for orthopaedic, neurovascular, and endovascular procedures are manufactured.
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| domain | founded_year | HQ Location |
Developer of medical device for orthopedic diseases
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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 Shoulder Innovations
Frequently Asked Questions about Shoulder Innovations
When was Shoulder Innovations founded?
Shoulder Innovations was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is Shoulder Innovations located?
Shoulder Innovations is headquartered in Holland, United States. It is registered at Holland, Michigan, United States.
Who is the current CEO of Shoulder Innovations?
Rob Ball is the current CEO of Shoulder Innovations.
Is Shoulder Innovations a funded company?
Shoulder Innovations is a funded company, having raised a total of $139.29M across 13 funding rounds to date. The company's 1st funding round was a Debt – Venture of $45M, raised on Nov 18, 2011.
What does Shoulder Innovations do?
Shoulder Innovations was founded in 2009 and is based in Holland, United States. Operations focus on the orthopedic medical device sector, where total shoulder replacement solutions centered on glenoid technology are developed and offered. The InSet Total Shoulder System is utilized for shoulder arthroplasty procedures. The InSet PLUS augmented glenoid component incorporates perimeter cortical support to mitigate implant rocking and loosening during routine shoulder movements.
Who are the top competitors of Shoulder Innovations?
Shoulder Innovations's top competitors include OrthAlign, Axial3D and Biorad Medisys.
What products or services does Shoulder Innovations offer?
Shoulder Innovations offers InSet™ Total Shoulder Arthroplasty, InSet™ Reverse Shoulder Arthroplasty, ProVoyance™ Shoulder Planning Software, and InSet™ Tray System.
Is Shoulder Innovations publicly traded?
Yes, Shoulder Innovations is publicly traded on NYSE under the ticker symbol SI.
Who are Shoulder Innovations's investors?
Shoulder Innovations has 19 investors. Key investors include Fidelity Investments, Trinity Cap, Genesis Innovation Group, USVP, and Gilde Healthcare.
What is Shoulder Innovations's ticker symbol?
The ticker symbol of Shoulder Innovations is SI on NYSE.
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