Cartiva

Acquired

Atlanta, United States · Founded 2013 · $17.0M raised

Headquarters
Atlanta, Georgia
Employees
11–50
Founded
2013
Business Model
B2B
Total Funding
$17.0M
Last Round
$8.5M Series EJan 2017
Rounds
2
Acquisition Date
Aug 2018

About

Cartiva developed the Synthetic Cartilage Implant (SCI), the first and only FDA-approved synthetic cartilage device for treating osteoarthritis of the first metatarsophalangeal (big toe) joint. The SCI is composed of a biocompatible polyvinyl alcohol hydrogel polymer with mechanical properties mimicking natural articular cartilage, implantable in approximately 35 minutes. The company was acquired by Wright Medical Group N.V. in October 2018 for $435 million, and subsequently became part of Stryker following Stryker's acquisition of Wright Medical in 2020.

Summary

Cartiva is a Medical Devices company based in Atlanta, United States, founded in 2013. It has raised $17.0M in total across 2 rounds, most recently a $8.5M Series E round in Jan 2017. Investors include New Enterprise Associates, Wright Medical Group N.V. and Windham Venture Partners.

Funding History

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AcquisitionAug 2018

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Series D through Acquisition — per-round amounts, valuations, and who invested in each round.

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