About Steeper
Steeper is a company based in Leeds (United Kingdom) founded in 1921 was acquired by Eqwal Group in February 2023.. The company has 5 employees as of February 28, 2022. Steeper has completed 1 acquisition, including ESPIRE ELBOW. Steeper offers products and services including Espire™ Elbow, Orthotic Products, and Home Automation Aids. Steeper operates in a competitive market with competitors including Globus Medical, RTI Surgical, Implanet, DJO Global and OMNILife Sciences, among others.
- Headquarter Leeds, United Kingdom
- Employees 5 as on 28 Feb, 2022
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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
*********
- Legal Name Steeper Group
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Annual Revenue
$56 M (USD)23as on Feb 28, 2023
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Net Profit
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EBITDA
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Latest Funding Round
$942.67 K (USD), Grant
Feb 01, 2015
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Investors
European Union
& 1 more
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Employee Count
5
as on Feb 28, 2022
- Investments & Acquisitions
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Acquired by
Eqwal Group
(Feb 28, 2023)
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Products & Services of Steeper
Steeper offers a comprehensive portfolio of products and services, including Espire™ Elbow, Orthotic Products, and Home Automation Aids. 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.
Prosthetic device for upper limb support and functionality.
Devices for body correction and support across various areas.
Tools for environmental control and communication assistance.
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Funding Insights of Steeper
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $942,675
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First Round
First Round
(01 Feb 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2015 | Amount | Grant - Steeper | 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 Steeper
Steeper has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Eqwal. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Eqwal Group is engaged in designing orthopaedic devices and solutions.
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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 Steeper
Steeper has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ESPIRE ELBOW. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Elbow products are manufactured by Espire Elbow in Warren.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Steeper
| 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 |
Steeper Comparisons
Competitors of Steeper
Steeper 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 Globus Medical, RTI Surgical, Implanet, DJO Global and OMNILife Sciences, 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 |
Developer of minimally invasive products for musculoskeletal procedures
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| domain | founded_year | HQ Location |
Develops innovative technologies for spinal and orthopedic implants and instruments.
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| domain | founded_year | HQ Location |
Orthopedic implants are developed for spine, knee, and arthroscopy procedures.
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| domain | founded_year | HQ Location |
Orthopedic devices and pain management products are developed.
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| domain | founded_year | HQ Location |
Hip and knee orthopedic implants are engineered, manufactured, and distributed.
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| domain | founded_year | HQ Location |
Orthopedic implants and surgical instruments are manufactured for joint surgeries.
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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 Steeper
Frequently Asked Questions about Steeper
When was Steeper founded?
Steeper was founded in 1921 and raised its 1st funding round 94 years after it was founded.
Where is Steeper located?
Steeper is headquartered in Leeds, United Kingdom. It is registered at Leeds, England, United Kingdom.
Who is the current CEO of Steeper?
Paul Steeper is the current CEO of Steeper.
How many employees does Steeper have?
As of Feb 28, 2022, the latest employee count at Steeper is 5.
What is the annual revenue of Steeper?
Annual revenue of Steeper is $56M as on Feb 28, 2023.
What does Steeper do?
Steeper was founded in 1921 in Leeds, United Kingdom, where operations in the orthopedic sector are centered. A range of devices has been developed, encompassing prosthetics, orthotics, and assistive technologies for upper and lower limbs, along with custom silicone solutions. Focus is placed on healthcare innovations for mobility and rehabilitation, with leadership provided by CEO Paul Steeper. The companys domain, steepergroup.com, supports its global outreach in medical device provision.
Who are the top competitors of Steeper?
Steeper's top competitors include Globus Medical, ExacTech and Implanet.
What products or services does Steeper offer?
Steeper offers Espire™ Elbow, Orthotic Products, and Home Automation Aids.
How many acquisitions has Steeper made?
Steeper has made 1 acquisition, including ESPIRE ELBOW.
Who are Steeper's investors?
Steeper has 2 investors. Key investors include European Union, and Eqwal.