About Wright Medical
Wright Medical is a company based in Memphis (United States) founded in 1993 was acquired by Stryker in November 2019.. The company has 1,838 employees as of December 31, 2022. Wright Medical has completed 7 acquisitions, including BioMimetic Therapeutics, Biotech International and Cartiva. Wright Medical operates in a competitive market with competitors including Biomet, Treace Medical Concepts, Bioretec, IlluminOss Medical and Loci Orthopaedics, among others.
- Headquarter Memphis, United States
- Employees 1838 as on 31 Dec, 2022
- Stage Public
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$920.9 M10as on Dec 31, 2019
-
Net Profit
$-114.23 M33as on Dec 31, 2019
-
EBITDA
$11.59 M249as on Dec 31, 2019
-
Latest Funding Round
$15.6 M (USD), Post-IPO
Dec 19, 2017
-
Investors
Stryker
& 2 more
-
Employee Count
1838
as on Dec 31, 2022
-
Investments & Acquisitions
BioMimetic Therapeutics
& 6 more
-
Acquired by
Stryker
(Nov 04, 2019)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Software Development Team
279 people
Sales and Marketing
127 people
Leadership Team
90 people
Human Resources and Administration
68 people
Finance and Accounting
50 people
Senior Team
49 people
Legal and Compliance
33 people
Data Analysis and Operations Team
30 people
Unlock access to complete
Funding Insights of Wright Medical
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $15.6M
-
First Round
First Round
(30 Sep 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Post-IPO - Wright Medical | Valuation |
investors |
|
| May, 2016 | Amount | Post-IPO - Wright Medical | Valuation |
investors |
|
| Feb, 2015 | Amount | Post-IPO - Wright Medical | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wright Medical
Wright Medical has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Stryker, U.S. Department of Defense and Military Health. 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 |
|---|---|---|---|---|
|
Military forces are provided by the U.S. Department of Defense for national security.
|
Founded Year | Domain | Location | |
|
Administers health care and support for military personnel and operations.
|
Founded Year | Domain | Location | |
|
3D-printed orthopedic products are manufactured for medical applications.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Wright Medical
Wright Medical has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include BioMimetic Therapeutics, Biotech International and Cartiva. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Synthetic cartilage implants are developed for osteoarthritis treatment.
|
2011 | ||||
|
Preoperative planning software for shoulder replacement surgery is developed.
|
2009 | ||||
|
Develops extremity orthopedic products to restore motion
|
2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Wright Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wright Medical Comparisons
Competitors of Wright Medical
Wright 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 Biomet, Treace Medical Concepts, Bioretec, IlluminOss Medical and Loci Orthopaedics, 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 |
Orthopedic surgical and non-surgical products are designed and distributed.
|
|
| domain | founded_year | HQ Location |
Orthopedic foot and ankle correction systems are developed and offered.
|
|
| domain | founded_year | HQ Location |
Provider of bioabsorbable, bioactive and drug-releasing surgical implants
|
|
| domain | founded_year | HQ Location |
Minimally invasive orthopedic systems for bone fracture stabilization are developed.
|
|
| domain | founded_year | HQ Location |
Thumb implant for thumb base arthritis
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Wright Medical
Frequently Asked Questions about Wright Medical
When was Wright Medical founded?
Wright Medical was founded in 1993 and raised its 1st funding round 17 years after it was founded.
Where is Wright Medical located?
Wright Medical is headquartered in Memphis, United States. It is registered at Memphis, Tennessee, United States.
Who is the current CEO of Wright Medical?
Bob Palmisano is the current CEO of Wright Medical.
How many employees does Wright Medical have?
As of Dec 31, 2022, the latest employee count at Wright Medical is 1,838.
What is the annual revenue of Wright Medical?
Annual revenue of Wright Medical is $920.9M as on Dec 31, 2019.
What does Wright Medical do?
Wright Medical was founded in 1993 and is headquartered in Memphis, United States. Orthopedic devices are produced by the company, focusing on surgical solutions for upper extremities such as shoulder, elbow, wrist, and hand, as well as lower extremities including foot and ankle. Operations center on the medical device sector, with products designed for orthopedic applications across various anatomical areas.
Who are the top competitors of Wright Medical?
Wright Medical's top competitors include Treace Medical Concepts, Loci Orthopaedics and Bioretec.
How many acquisitions has Wright Medical made?
Wright Medical has made 7 acquisitions, including BioMimetic Therapeutics, Biotech International, and Cartiva.
Who are Wright Medical's investors?
Wright Medical has 3 investors. Key investors include Stryker, U.S. Department of Defense, and Military Health.