Orthocare Innovations is a Health Care and Manufacturing startup founded in 2007 in the United States. The company focuses on revolutionizing the field of orthotics and prosthetics by commercializing advanced technologies throughout the product-development cycle. It is dedicated to enhancing the experience of prosthesis users through paradigm-shifting products in categories including Advanced Patient Interfaces, Active Alignment Components, Microprocessor Controlled Devices, and Robotic Technologies. Orthocare Innovations' groundbreaking approach involves the development of products incorporating proprietary sensor and actuation technologies, which enable real-time monitoring, analysis, and reaction to changes in patient physiology, alignment, and gait. This stands in stark contrast to traditional orthotic and prosthetic devices, which have typically included inert components and unforgiving materials, resulting in users having to accommodate changes in size, volume, and gait, and cope with environmental barriers. The startup has received significant recognition, including awards such as R&D Magazine's R&D 100 Award, The da Vinci Award, and The Medical Design Excellence Award. In terms of funding, Orthocare Innovations secured a $3.00M Venture Round investment on 21 September 2010. Orthocare Innovations' focus on evidence-based practice demands for verifiable clinical efficacy positions it well in the market. With its innovative products and track record of industry accolades, the company presents an intriguing opportunity for venture capitalists seeking to invest in cutting-edge health care and manufacturing technologies with a potential for expansive growth and impact.
Funding Stage | Amount | No. Investors | Investors | Date |
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Venture Round | $3.00M | - | 21 Sep 2010 | |
Venture Round | $3.00M | - | 27 Jan 2010 |
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