OrthoSensor, now part of Stryker
OrthoSensor, now part of Stryker, a healthcare startup founded in 2006 and based in the United States, was recently acquired by Stryker. Specializing in Sensor-Assisted Total Knee Arthroplasty, OrthoSensor develops intelligent orthopedic devices and data services aimed at providing quantitative feedback to surgeons and hospitals. Their proprietary sensor and communications technologies, combined with innovative software products, enable evidence-based decisions in orthopedic surgery, with the goal of improving patient outcomes and potentially reducing the cost of treating musculoskeletal disease.
As of January 5, 2021, OrthoSensor became a part of Stryker, a move that will integrate their technologies into Stryker's offerings in total joint replacement. This strategic acquisition will empower surgeons with intelligent devices and comprehensive data-driven solutions, expanding Stryker's capabilities in the field.
While the exact details of the acquisition are not provided, the last known investment in OrthoSensor was a $1.30M Debt Financing round on October 26, 2020.
With OrthoSensor's proven track record in the development of intelligent orthopedic devices and data services, the acquisition by Stryker signifies a milestone in the advancement of technologies within the total joint replacement continuum.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $1.30M | - | 26 Oct 2020 | |
Debt Financing | $21.39M | - | 02 May 2018 | |
Venture Round | $972.05K | - | 11 Aug 2016 | |
Series C | $19.00M | 3 | 23 Mar 2015 | |
Series B | $13.00M | 2 | Ziegler Meditech Equity Partners | 15 Oct 2013 |
No recent news or press coverage available for OrthoSensor, now part of Stryker.