About Waypoint Orthopedics
Waypoint Orthopedics is a company based in Philadelphia (United States) founded in 2020 by Stephen P Banco. Waypoint Orthopedics has raised $3.44 million across 8 funding rounds from investors including Runway Healthcare and Medtech Accelerator. Waypoint Orthopedics offers products and services including GPS™ Guided Pedicle System. Waypoint Orthopedics operates in a competitive market with competitors including Stryker, NuVasive, In'Tech Medical, CARLSMED and Orthofix, among others.
- Headquarter Philadelphia, United States
- Founders Stephen P Banco
- SectorsHealthcare
- Website waypointorthopedics.com
- Social LinkedIn
- Legal Name Waypoint Orthopedics, Inc.
- Total Equity Funding$3.44M (USD)
in 8 rounds
- Latest Funding Round$300K (USD), Seed
Mar 2026
- InvestorsRunway Healthcare
& 1 more
Products & Services of Waypoint Orthopedics
Waypoint Orthopedics offers a comprehensive portfolio of products and services, including GPS™ Guided Pedicle System.
Provides real-time guidance for spine surgery to reduce radiation exposure.
Funding Insights of Waypoint Orthopedics
Waypoint Orthopedics has successfully raised a total of $3.44M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $300 thousand completed in March 2026. 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 $3.44M
- Total Rounds 8
- Last Round Seed — $300,000
- First Round $599,999
(Apr 2021)
- Investors Count 2
All 8 funding rounds of Waypoint Orthopedics 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 |
|---|---|---|---|---|---|
| Mar 2026 | $300,000 | Seed | – | – | – |
| Sep 2025 | $50,000 | Seed | – | – | – |
| Jun 2025 | $30,002 | Seed | – | – | – |
| Dec 2024 | $35,002 | Seed | – | – | – |
| Sep 2024 | $74,997 | Seed | – | – | – |
| Dec 2022 | $650,000 | Seed | – | – | |
| Sep 2021 | $1.7M | Seed | – | Runway Healthcare | – |
| Apr 2021 | $599,999 | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in Waypoint Orthopedics
Waypoint Orthopedics has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Runway Healthcare and Medtech Accelerator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | medtechaccelerator.co.uk | - | |
Digital tools for patient care management are provided to physicians. | 2020 | runwayhc.com | Philadelphia, United States |
Investor details for Waypoint Orthopedics
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People of Waypoint Orthopedics
7 people are tracked at Waypoint Orthopedics (7 in leadership).
| Name | Role | Group |
|---|---|---|
Stephen P Banco | Founder | Leadership |
Jeff ODonnell | CEO | Leadership |
Tiffini Wittwer | Head Of Quality And Regulatory Affairs | Leadership |
Andy Iott | Director | Leadership |
Richard Briganti | Head Of Product Development | Leadership |
William Odenthal | Director | Leadership |
William Rhoda | Director | Leadership |
Complete people profiles for Waypoint Orthopedics
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Timeline of Waypoint Orthopedics
3 dated milestones of Waypoint Orthopedics across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Waypoint Orthopedics is founded.
- Funding First funding round of $600K.
- Funding Latest funding round, Seed, of $300K.
Competitors of Waypoint Orthopedics
Waypoint Orthopedics 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 Stryker, NuVasive, In'Tech Medical, CARLSMED and Orthofix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stryker.com | 1941 | Kalamazoo, United States | – | 25,035 | 3D-printed orthopedic products are manufactured for medical applications. | |
| nuvasive.com | 1997 | San Diego, United States | $54.1M | 2,450 | Smart surgical devices for spinal surgery are developed. | |
| intech-medical.com | 2000 | – | – | 271 | Surgical instruments for orthopaedics are developed and manufactured. | |
| carlsmed.com | 2018 | San Diego, United States | $109.63M | 59 | Developer of devices for spine surgery | |
| orthofix.com | 1980 | Lewisville, United States | – | 1,634 | Reconstructive and regenerative solutions for bone conditions are developed. | |
| zavation.com | 2010 | Flowood, United States | – | 110 | Medical devices for spine surgery are designed, manufactured, and distributed. | |
| arthrex.com | 1981 | Naples, United States | – | 2,244 | Orthopedic devices and arthroscopy education are developed by Arthrex. | |
| onkossurgical.com | 2015 | Parsippany Troy Hills, United States | $72.33M | – | Modular 3D-printed implants are developed for musculoskeletal tumor surgeries. | |
| smith-nephew.com | 1856 | London, United Kingdom | – | 18,976 | Manufacturer of knee, hip and shoulder joint replacements |
Detailed competitors of Waypoint Orthopedics
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Latest news on Waypoint Orthopedics
Complete news archive for Waypoint Orthopedics
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Similar companies to Waypoint Orthopedics
10 companies that operate in the same segment as Waypoint Orthopedics (Orthopedics), 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 | |
Prosthetic and orthotic devices are developed for individuals with disabilities. | 1919 | Duderstadt, Lower Saxony, Germany | USD 17 M | USD 1.97 B | – | |
Developer of therapies for the treatment of musculoskeletal disorders | 2007 | Woburn, Massachusetts, United States | USD 62 M | USD 85.55 M | 692 | |
Developer of drugs for treating rare and autoimmune diseases | 2008 | Dublin, Ireland | USD 61.78 M | USD 617.41 M | – | |
Antibody-siRNA complexes are developed for cancer treatment. | 2012 | San Diego, California, United States | USD 142.54 M | USD 10.9 M | 391 | |
Smart surgical devices for spinal surgery are developed. | 1997 | San Diego, California, United States | USD 54.1 M | – | – | |
Robotic arms are provided for mobility and rehabilitation support. | 2004 | Boston, Massachusetts, United States | USD 17.21 M | USD 40.93 M | 185 | |
AI-powered drug discovery platform for various diseases | 2016 | New York, New York, United States | USD 608 M | – | – | |
Exoskeletons for medical rehabilitation and industrial productivity are provided. | 2005 | United States | USD 24.37 M | USD 71.6 M | 61 | |
Stabilization devices for healthcare are manufactured by the company. | 2005 | New York, New York, United States | USD 142.15 M | – | 43 |
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Frequently Asked Questions about Waypoint Orthopedics
Waypoint Orthopedics was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Waypoint Orthopedics is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Jeff ODonnell is the current CEO of Waypoint Orthopedics.
Waypoint Orthopedics is a funded company, having raised a total of $3.44M across 8 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Apr 2021.
Waypoint Orthopedics was founded in 2020 and is based in Philadelphia, United States. Operations focus on the medical technology sector, where decision support tools for orthopedic procedures are developed. The Waypoint GPS product is offered, enabling visualization of bone structure during pedicle traversal for screw placement. A smart pedicle probe with color-sensing technology is also provided to assist surgeons in preparation tasks.
Waypoint Orthopedics offers GPS™ Guided Pedicle System.
Waypoint Orthopedics has 2 investors. Key investors include Runway Healthcare, and Medtech Accelerator.
Waypoint Orthopedics operates through Waypoint Orthopedics, Inc..