Tech Company Financing Transactions

Shoulder Innovations Funding Round

Shoulder Innovations, based in Holland, secured $2.5 million from cultivate(MD), Genesis Innovation and Michigan Angel Fund.

Transaction Overview

Announced On
10/23/2018
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Series A
Investors

cultivate(MD) (Lead Investor)

Genesis Innovation (Lead Investor)

Michigan Angel Fund (Lead Investor) (Skip Simms)

Wakestream Ventures (Lead Investor)

Proceeds Purpose
The investment will be used to fuel new product development, and to acquire inventory and assets to accelerate growth of its current Inset platform technology, which serves as a foundational platform on which many future products and systems are in development.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
13827 Port Sheldon St.
Holland, MI 48104
USA
Email Address
Overview
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.
Profile
Shoulder Innovations LinkedIn Company Profile
Social Media
Shoulder Innovations Company Twitter Account
Company News
Shoulder Innovations News
Facebook
Shoulder Innovations on Facebook
YouTube
Shoulder Innovations on YouTube

Management Team

Title
Name
Email & Social
Chairman
Robert Ball
  Robert Ball LinkedIn Profile  Robert Ball Twitter Account  Robert Ball News  Robert Ball on Facebook
President
Matthew Ahearn
  Matthew Ahearn LinkedIn Profile  Matthew Ahearn Twitter Account  Matthew Ahearn News  Matthew Ahearn on Facebook
VP - Bus. Development
David Blue
  David Blue LinkedIn Profile  David Blue Twitter Account  David Blue News  David Blue on Facebook
VP - R & D
Donald Running
  Donald Running LinkedIn Profile  Donald Running Twitter Account  Donald Running News  Donald Running on Facebook
VP - Regulatory Affairs
Jeffrey Ondrla
  Jeffrey Ondrla LinkedIn Profile  Jeffrey Ondrla Twitter Account  Jeffrey Ondrla News  Jeffrey Ondrla on Facebook
VP - Sales
Marc Vosler
  Marc Vosler LinkedIn Profile  Marc Vosler Twitter Account  Marc Vosler News  Marc Vosler on Facebook


 

 

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Prev: 10/23/2018: Qpex Biopharma venture capital transaction
Next: 10/23/2018: Hiver venture capital transaction

 

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