Shoulder Innovations

company

About

Shoulder Innovations has developed a system that exceeds the expectations of the patient, surgeon and hospital administration.

  • 1 - 10

Details

Last Funding Type
Series A
Last Funding Money Raised
$1.60M
Industries
Biotechnology,Health Care,Information Technology,Innovation Management,Medical Device
Founded date
Jan 1, 2015
Number Of Employee
1 - 10
Operating Status
Active

Shoulder Innovations is a medical device company that has developed inset glenoid fixation technology, creating the most robust and stable glenoid platform in the industry. The company's Total Shoulder Replacement System addresses the most significant issue in shoulder arthroplasty: unreliable fixation of the glenoid implant. It also leverages this technology to create simple surgical instrumentation, which reduces operative time and cost.

Shoulder Innovations designs and commercializes innovative products that demonstrate the potential for improved patient care and reduced overall cost to the healthcare system. Published results show Shoulder Innovations’ solution provides greater post-surgical implant stability, addressing the leading cause of revision surgery.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$46.10M
Shoulder Innovations has raised a total of $46.10M in funding over 2 rounds. Their latest funding was raised on Mar 6, 2023 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 6, 2023 Series D $42M 1 Detail
Oct 22, 2018 Series A $2.50M 1 cultivate(MD) Detail
Mar 7, 2017 Series A $1.60M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Shoulder Innovations is funded by 1 investors. cultivate(MD) are the most recent investors.
Investor Name Lead Investor Funding Round
cultivate(MD) Series D