Trice Medical

King Of Prussia, United States Founded: 2012 • Age: 14 yrs
Needle-based visualization devices for orthopedic diagnostics are developed.
Annual revenue - Latest available
Total funding $85.5M 12 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 5 Services tracked
Competitors - Brand Intelligence

About Trice Medical

Trice Medical is a company based in King Of Prussia (United States) founded in 2012. Trice Medical has raised $85.47 million across 12 funding rounds from investors including Bioventus, Smith & Nephew and Safeguard Scientifics. Trice Medical has completed 2 acquisitions, including SegWAY Orthopaedics and Tenex Health. Trice Medical offers products and services including TX MicroTip for Soft Tissue, TX MicroTip for Hard Tissue, Tenex Diabetic Foot Ulcer Application, Seg-WAY Ligament Release Systems, and mi-eye 3 Needlescope.

  • Headquarter King Of Prussia, United States
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Trice Medical Inc
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $85.47 M (USD)

    in 12 rounds

  • Latest Funding Round
    $10.5 M (USD), Series D

    Aug 04, 2023

  • Investors
    Bioventus

    & 7 more

  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Trice Medical

Trice Medical offers a comprehensive portfolio of products and services, including TX MicroTip for Soft Tissue, TX MicroTip for Hard Tissue, Tenex Diabetic Foot Ulcer Application, Seg-WAY Ligament Release Systems, and mi-eye 3 Needlescope.

Product name locked
Category locked
Primary

Device for removing soft tissue in tendinopathy treatments.

Product name locked
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Tool for bone spur and calcification removal procedures.

Product name locked
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Application for treating wounds and foot ulcers effectively.

Product name locked
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Systems for carpal tunnel and cubital tunnel releases.

Product name locked
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Needlescope for small joint arthroscopy and diagnostics.

People of Trice Medical

Headcount 50-200
Employee Profiles 24
Board Members and Advisors 3
Employee Profiles
People
Carol Andersen
Manager Sales Operations And Inside Sales
People
Michael Pirrello
Sales Representative
People
Chris Rigby
Regional Sales Manager - Az/central
People
Kyle Bober
Regional Sales Director

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Board Members and Advisors
people
Randy Scott
Director
people
Alan Davis
Director

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Funding Insights of Trice Medical

Trice Medical has successfully raised a total of $85.47M across 12 strategic funding rounds. The most recent funding activity was a Series D round of $10.5 million completed in August 2023. 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.

Investors in Trice Medical

Trice Medical has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Bioventus, Smith & Nephew and Safeguard Scientifics.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm investing in early and growth stage companies
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Investments are focused on tech and life sciences startups.
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Healthtech startups are funded by BioStar Capital's venture capital efforts.
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Investor details for Trice Medical

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Investments & Acquisitions by Trice Medical

Trice Medical has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include SegWAY Orthopaedics and Tenex Health.

Investments
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Investment portfolio details for Trice Medical

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Minimally invasive therapies are provided for diseased tendon removal.
Locked Locked 2009 Locked
Endoscopic guide systems for orthopedic extremity procedures are developed.
Locked Locked 2007 Locked
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Complete acquisition details for Trice Medical

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Financial Statements - Trice Medical

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Detailed financials for Trice Medical

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Trice Medical Comparisons

Trice Medical Primary company
Description
Needle-based visualization devices for orthopedic diagnostic...
Location
King Of Prussia, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Trice Medical

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Competitors of Trice Medical

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Detailed competitors of Trice Medical

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Latest news on Trice Medical

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Complete news archive for Trice Medical

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Frequently Asked Questions about Trice Medical

Trice Medical was founded in 2012.

Trice Medical is headquartered in King Of Prussia, United States. It is registered at King Of Prussia, Pennsylvania, United States.

Mike Steen is the current CEO of Trice Medical.

Trice Medical is a funded company, having raised a total of $85.47M across 12 funding rounds to date.

Trice Medical was founded in 2012 and is headquartered in King of Prussia, United States. Needle-based diagnostic and therapeutic technologies for orthopedics are provided by the company. The FDA-approved Mi-eye product is a disposable visualization device that incorporates a camera and light source into a standard 14-gauge needle. Diagnostic arthroscopies are enabled in office settings through this technology.

Trice Medical offers TX MicroTip for Soft Tissue, TX MicroTip for Hard Tissue, Tenex Diabetic Foot Ulcer Application, Seg-WAY Ligament Release Systems, and mi-eye 3 Needlescope.

Trice Medical has made 2 acquisitions, including SegWAY Orthopaedics, and Tenex Health.

Trice Medical has 8 investors. Key investors include Bioventus, Smith & Nephew, Safeguard Scientifics, Health Quest Capital, and MERS.

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