About Soteira
Soteira is a Healthcare company based in Natick (United States) founded in 2004, and was acquired by Globus Medical in July 2012. Minimally invasive spine therapies for vertebral compression fractures are developed. Soteira has raised $22.85 million across 7 funding rounds from investors including Globus Medical. The company was acqui-hired. Its focus areas include Life Sciences, Orthopedics, Medical Devices and Therapies. Its legal entity is SOTEIRA, INC. Its competitors include Nevro, Vertos Medical and Paradigm Spine; 3 of its 3 listed competitors have raised funding.
Company details
Soteira was founded in 2004 in Natick, United States, with a focus on the medical device sector. Technologies for treating vertebral compression fractures are developed to address back pain through minimally invasive interventional spine therapies. These solutions are designed for effectiveness and ease of use in clinical settings. The company was acquired by Globus Medical in 2012.
- Headquarters Natick, United States
- Stage Acquired
- SectorsHealthcare
- Website soteira.com
- Acquired by Globus Medical (Jul 2012)
- Legal Name Soteira, Inc.
- Total Equity Funding$22.85M (USD)
in 7 rounds
- Latest Funding Round$375K (USD), Series C
May 2012
- Investors
- Acquired byGlobus Medical
(Jul 2012)
Funding Insights of Soteira
Soteira has successfully raised a total of $22.85M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $375 thousand completed in May 2012. 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 $22.85M
- Total Rounds 7
- Last Round Series C — $375,000
- First Round $12M
(Jun 2008)
All 7 funding rounds of Soteira 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 |
|---|---|---|---|---|---|
| May 2012 | $375,000 | Series C | – | – | – |
| Jan 2012 | $347,362 | Series C | – | – | – |
| Nov 2011 | $469,445 | Series C | – | – | – |
| Jul 2011 | $1.5M | Series C | – | – | – |
| Jul 2010 | $1.59M | Series C | – | – | – |
| Apr 2009 | $6.57M | Series C | – | – | – |
| Jun 2008 | $12M | Series B | – | – | – |
1 investors in total: 1 institutional.
Investors in Soteira
Soteira has secured backing from 1 investor. Prominent investors backing the company include Globus Medical.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Developer of minimally invasive products for musculoskeletal procedures | 2003 | globusmedical.com | Audubon, United States |
Investor details for Soteira
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Soteira
4 dated milestones of Soteira across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Soteira is founded.
- Funding First funding round of $12.0M.
- Funding Latest funding round, Series C, of $375K.
- Exit Acquired by Globus Medical.
Competitors of Soteira
Soteira has 3 listed competitors in our database, 3 of them funded. They include Nevro, Vertos Medical and Paradigm Spine.
| 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 | |
| vertosmed.com | 2005 | Aliso Viejo, United States | $177.75M | 140 | Minimally invasive treatments for lumbar spinal stenosis are developed. | |
| paradigmspine.com | 2005 | New York, United States | $142.15M | 43 | Stabilization devices for healthcare are manufactured by the company. |
Detailed competitors of Soteira
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Orthopedics
3 companies that operate in the same segment as Soteira (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 Soteira
Soteira was founded in 2004 and raised its 1st funding round 4 years after it was founded.
Soteira is headquartered in Natick, United States. It is registered at Natick, Massachusetts, United States.
Soteira is a funded company, having raised a total of $22.85M across 7 funding rounds to date. The company's 1st funding round was a Series B of $12M, raised on Jun 2008.
Soteira was founded in 2004 in Natick, United States, with a focus on the medical device sector. Technologies for treating vertebral compression fractures are developed to address back pain through minimally invasive interventional spine therapies. These solutions are designed for effectiveness and ease of use in clinical settings. The company was acquired by Globus Medical in 2012.
Soteira's top competitors include Nevro, Paradigm Spine and Vertos Medical.
Soteira has 1 investor. Key investors include Globus Medical.
Soteira operates through Soteira, Inc..
Yes. Soteira was acquired by Globus Medical in July 2012.