About SpinaFX Medical
SpinaFX Medical is a company based in Vaughan (Canada) founded in 2021.. SpinaFX Medical has raised $9.1 million across 2 funding rounds. SpinaFX Medical offers products and services including Triojection. SpinaFX Medical operates in a competitive market with competitors including Avanos, Soovu, BioPhotas, AVACEN Medical and Dhama Innovations, among others.
- Headquarter Vaughan, Canada
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.1 M (USD)
in 2 rounds
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Latest Funding Round
$3.71 M (USD), Series B
Dec 18, 2024
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Investors
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Employee Count
Employee Count
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Products & Services of SpinaFX Medical
SpinaFX Medical offers a comprehensive portfolio of products and services, including Triojection. 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.
Injects oxygen-ozone to reduce herniated disc volume and relieve pain.
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Leadership Team
3 people
Qa/ra Team
1 people
Finance and Accounting
1 people
Operations Team
1 people
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Funding Insights of SpinaFX Medical
SpinaFX Medical has successfully raised a total of $9.1M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $3.71 million completed in December 2024. 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 2
- Last Round Series B — $3.7M
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First Round
First Round
(01 Nov 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2024 | Amount | Series B - SpinaFX Medical | Valuation |
investors |
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| Nov, 2021 | Amount | Series A - SpinaFX Medical | Valuation |
investors |
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| 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 |
Investments & Acquisitions by SpinaFX Medical
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SpinaFX Medical
| 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 |
Spinafx Medical Comparisons
Competitors of SpinaFX Medical
SpinaFX Medical 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 Avanos, Soovu, BioPhotas, AVACEN Medical and Dhama Innovations, 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 |
Medical devices for pain management and enteral feeding are manufactured.
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| domain | founded_year | HQ Location |
Drug-free wearable pulsed heat therapy for pain management is developed.
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A device using photo-modulation technologies to treat skin, muscle and joint conditions.
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| domain | founded_year | HQ Location |
Provides noninvasive drug-free heat therapy for muscle and joint pain relief.
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| domain | founded_year | HQ Location |
Temperature-controlled wearables for pain relief and leisure are designed.
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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 Spinafx Medical
Frequently Asked Questions about SpinaFX Medical
When was SpinaFX Medical founded?
SpinaFX Medical was founded in 2021.
Where is SpinaFX Medical located?
SpinaFX Medical is headquartered in Vaughan, Canada. It is registered at Vaughan, Ontario, Canada.
Who is the current CEO of SpinaFX Medical?
Jeff Cambra is the current CEO of SpinaFX Medical.
Is SpinaFX Medical a funded company?
SpinaFX Medical is a funded company, having raised a total of $9.1M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.38M, raised on Nov 01, 2021.
What does SpinaFX Medical do?
SpinaFX Medical was founded in 2021 in Vaughan, Canada, as a provider in the medical sector focused on spine treatments. Oxygen-ozone gas mixtures are injected intravertebrally under image guidance to address contained herniated discs, aiming to reduce disc volume and alleviate back and leg pain from nerve compression. Clinical data supports disc volume reduction outcomes. Research and development continue to broaden treatment access.
Who are the top competitors of SpinaFX Medical?
SpinaFX Medical's top competitors include Avanos, Dhama Innovations and Soovu.
What products or services does SpinaFX Medical offer?
SpinaFX Medical offers Triojection.