About Össur
Össur is a publicly listed company based in Reykjavik (Iceland) founded in 1971. Orthopedic bracing and support products are developed and sold. Össur has completed 7 acquisitions, including FIOR & GENTZ, Gibaud and Medi Prosthetics. Its website ossur.com draws about 162 thousand monthly visits. Its Indian entity Ossur India Private Limited reported revenue of ₹24.06 Cr. Its focus areas include Life Sciences, Orthopedics, Medical Devices and Therapies.
Company details
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.
- Headquarters Reykjavik, Iceland
- Stage Public
- SectorsHealthcare
- Website category Health
- Website ossur.com/region-selector
- Social LinkedIn X Facebook
- Legal Name Ossur India Private Limited
- Date of Incorporation 02 Sep, 2015
- Indian entity revenue₹24.06 Cr
FY 2024 · +26% YoY
- Indian entity net profit₹2.28 Cr
FY 2024 · 9% margin
- Indian entity EBITDA₹2.34 Cr
FY 2024 · 10% margin
- Latest Funding Round$169.9K (USD), Grant
Sep 2020
- Investors
- Investments & AcquisitionsFIOR & GENTZ
& 6 more
Associated legal entities of Össur
Össur operates through Ossur India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ossur India Private Limited CIN U74140DL2015PTC284836 | Active | 02 Sep 2015 | New Delhi, Delhi | ₹24.1 Cr | 17 | 4 | View details |
Apps and channels of Össur
Össur publishes 2 mobile apps with over 1K+ downloads.
Funding Insights of Össur
- Total Rounds 7
- Last Round Grant — $169,899
- First Round $426,559
(Feb 2016)
- Investors Count 1
All 7 funding rounds of Össur 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 |
|---|---|---|---|---|---|
| Sep 2020 | $169,899 | Grant | – | – | |
| Jan 2020 | $407,531 | Grant | – | – | |
| Nov 2019 | $857,752 | Grant | – | – | |
| Jan 2019 | $745,413 | Grant | – | – | |
| Jan 2018 | $1.57M | Grant | – | – | |
| Jan 2017 | $327,606 | Grant | – | – | |
| Feb 2016 | $426,559 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Össur
Össur has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Össur
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Board of directors of Ossur India Private Limited (Össur)
Ossur India Private Limited is the primary company behind Össur. The board of Ossur India Private Limited currently have 4 directors; the longest-serving is Sveinn Logi Solvason, appointed in 2019. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sveinn Logi Solvason DIN 08488230 | Director | 24 Jun 2019 | 7 yrs 4 mo | Ossur India Private Limited |
| Tomas Eiriksson DIN 09558990 | Director | 13 May 2022 | 4 yrs 5 mo | Ossur India Private Limited |
| Varinder Kaur Ghai DIN 09684358 | Director | 21 Sep 2022 | 4 yrs 1 mo | Ossur India Private Limited |
| Gudny Arna Sveinsdottir DIN 11117871 | Director | 27 May 2025 | 1 yr 4 mo | Ossur India Private Limited |
People of Össur
74 people are tracked at Össur (33 in leadership, 41 in team).
| Name | Role | Group |
|---|---|---|
Hildur Gylfadottir | Director Of Business Transformation | Leadership |
Carole Clark | HR Business Partner, North Europe | Leadership |
Emily Manes | Human Resources Business Partner | Leadership |
Jon Salyer | Vice President, Chronic Solutions Americas | Leadership |
Tim Hoffmann | Vice President Finance | Leadership |
Valerie Croft | Director Talent Acquisition | Leadership |
| President & CEO | Leadership | |
Lukas Märklin | Chief Operating Officer | Leadership |
Petra van Kampen | HR Director Europe | Leadership |
Quin Smits | Director Of Corporate Strategy | Leadership |
Lubova Fastovski | Director Finance Business Partnering Scandinavia | Leadership |
John S. | VP Finance And Business Operations Emea&apac | Leadership |
Margret Lara Fridriksdottir | Executive Vice President, People, Strategy & Sustainability | Leadership |
Peter Klintmalm | Director Of People Technology & Analytics | Leadership |
Catarina Andersen | People Technology Partner - People Technology & Analytics Team | Leadership |
Christina Amador | HR Business Partner/hr Manager Norway | Leadership |
Christian Robinson | President, Americas | Leadership |
Sonia Page | Talent & Organization Development Director | Leadership |
Meghan Andron | HR Business Partner | Leadership |
Marieke Krabbe | Director Strategy Execution Growth Region | Leadership |
54 more people are available in the full profile.
Complete people profiles for Össur
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Financials of Össur
Figures of Ossur India Private Limited, the primary company behind Össur, for FY 2024. Revenue was ₹24.06 Cr (+26% year on year). Net profit was ₹2.28 Cr (9% margin). EBITDA was ₹2.34 Cr (10% margin). Revenue has grown at a compounded annual rate of +35% over three years and +16% over five years.
- ₹24.06 CrRevenue · FY 2024 · +26% YoY
- ₹2.28 CrNet profit · 9% margin
- ₹2.34 CrEBITDA · 10% margin
- ₹61 LakhPaid-up capital
- 17Employees (provident fund records)
- +35%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ossur India Private Limited are on its company page.
Detailed financial statements for Össur
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of orthopedic technology solutions for custom-made orthosis planning and production | fior-gentz.de | Luneburg, Germany | 1997 | Jan 2024 | •••• | |
Distributor of medical instruments | pdevices.com | Boucherville, Canada | 2022 | Aug 2022 | •••• | |
Custom 3D-printed prosthetic fingers are designed and manufactured for amputees. | npdevices.com | Olympia, United States | 2011 | Aug 2022 | •••• | |
Knowledge support is provided to orthoprosthetists via a professional community. | orthoway.fr | 2017 | Feb 2021 | •••• | ||
Liners, knee joints, and other prosthetic components are distributed globally. | medi-prosthetics.com | Bayreuth, Germany | 0 | Sep 2016 | •••• | |
Upper-limb prosthetics are developed and marketed for patients with deficiencies. | touchbionics.com | Livingston, United Kingdom | 2005 | Apr 2016 | $38.83M | |
Orthopedic braces and supports are designed and manufactured by Gibaud. | gibaud.com | Saint Etienne, France | 1890 | Dec 2006 | $132M |
Complete acquisition details for Össur
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Timeline of Össur
10 dated milestones of Össur across 53 years, from founding to its latest funding, stage changes and deals.
- Founded Össur is founded.
- Acquisition Acquires Gibaud.
- Funding First funding round of $427K.
- Acquisition Acquires Touch Bionics.
- Acquisition Acquires Medi Prosthetics.
- Funding Latest funding round, Grant, of $170K.
- Acquisition Acquires Orthoway.
- Acquisition Acquires Naked Prosthetics.
- Acquisition Acquires pDevices.
- Acquisition Acquires FIOR & GENTZ.
Web traffic of Össur
The website of Össur (ossur.com) receives about 162.4K visits a month and ranks #302,370 among all websites worldwide, #10,514 in Health.
- Monthly visits162.4K
▲ 21.2% vs previous month
- Unique visitors61K
per month
- Global rank#302,370
among all websites
- Category rank#10,514
Health · Health
- Bounce rate42%
- Pages per visit2.1
- Average visit1 min 09 sec
- DevicesDesktop 37% · Mobile 63%
Websites whose visitors overlap most with Össur. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ottobock.com | 100% | 293.9K | #163,391 | View details | |
| freedom-innovations.com | 99% | View details | |||
| ottobockus.com | 99% | #14,876,679 | View details | ||
| ortho-europe.com | 99% | 5.2K | #3,093,510 | View details | |
endolite.com | endolite.com | 99% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Össur
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Related news about Össur
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Frequently Asked Questions about Össur
Össur was founded in 1971 and raised its 1st funding round 45 years after it was founded.
Össur is headquartered in Reykjavik, Iceland.
The primary company behind Össur, Ossur India Private Limited, reported revenue of ₹24.06 Cr for FY 2024, up 26% year on year.
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.
Össur has made 7 acquisitions, including FIOR & GENTZ, Gibaud, and Medi Prosthetics.
Össur has 1 investor. Key investors include European Union.
Össur operates through Ossur India Private Limited.
The legal entities of Össur currently have 4 directors, including Varinder Kaur Ghai, Tomas Eiriksson, Sveinn Logi Solvason and others.
Yes. Össur publishes ÖssurFit and 1 more app, with over 1,000 downloads.
The website of Össur receives about 162 thousand visits a month and ranks #302,370 among all websites worldwide.