About Össur
Össur is a company based in Reykjavik (Iceland) founded in 1971.. Össur has completed 7 acquisitions, including FIOR & GENTZ, Gibaud and Medi Prosthetics. Össur operates in a competitive market with competitors including Proteor, BionicM, Epica International, CIONIC and SensArs, among others.
- Headquarter Reykjavik, Iceland
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$169.9 K (USD), Grant
Sep 01, 2020
- Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
FIOR & GENTZ
& 6 more
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
Funding Insights of Össur
- Total Funding Total Funding
- Total Rounds 7
- Last Round Grant — $169,899
-
First Round
First Round
(01 Feb 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Grant - Össur | Valuation |
investors |
|
| Jan, 2020 | Amount | Grant - Össur | Valuation |
investors |
|
| Nov, 2019 | Amount | Grant - Össur | 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 Össur
Össur has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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 |
|---|---|---|---|---|
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
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 Össur
Össur has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include FIOR & GENTZ, Gibaud and Medi Prosthetics. 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 |
|---|---|---|---|---|---|
|
Distributor of medical instruments
|
2022 | ||||
|
Knowledge support is provided to orthoprosthetists via a professional community.
|
2017 | ||||
|
Custom 3D-printed prosthetic fingers are designed and manufactured for amputees.
|
2011 |
| 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 - Össur
| 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 |
Össur Comparisons
Competitors of Össur
Össur 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 Proteor, BionicM, Epica International, CIONIC and SensArs, 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 |
Prostheses and orthoses devices are developed for orthopedic supports.
|
|
| domain | founded_year | HQ Location |
Prosthetic legs assisting knee and ankle movements are developed.
|
|
| domain | founded_year | HQ Location |
Provider of robotic CT platforms for healthcare and industrial applications
|
|
| domain | founded_year | HQ Location |
Bionic clothing is provided for mobility impairment support.
|
|
| domain | founded_year | HQ Location |
Hybrid neuroprosthetic device is developed for sensory nerve stimulation.
|
| 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 Össur
Frequently Asked Questions about Össur
When was Össur founded?
Össur was founded in 1971 and raised its 1st funding round 45 years after it was founded.
Where is Össur located?
Össur is headquartered in Reykjavik, Iceland.
What does Össur do?
Össur was founded in 1971 in Reykjavik, Iceland, within the medical devices sector. Non-invasive orthopedic equipment is manufactured and distributed by the company, encompassing bracing, support items, compression therapy solutions, and prosthetics. Products such as knee braces, ankle braces, back braces, and wrist braces are provided for injury prevention and rehabilitation purposes. Operations focus on global markets from its Icelandic base.
Who are the top competitors of Össur?
Össur's top competitors include BionicM, Epica International and REEV.
How many acquisitions has Össur made?
Össur has made 7 acquisitions, including FIOR & GENTZ, Gibaud, and Medi Prosthetics.
Who are Össur's investors?
Össur has 1 investor. Key investors include European Union.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.