Cartiva

Acquired

Atlanta, United States · Founded 2013 · $8.5M raised

Medical Devices
Orthopedics
Headquarters
Atlanta, Georgia
Employees
11–50
Founded
2013
Business Model
B2B
Total Funding
$8.5M
Last Round
$8.5M Series DMay 2015
Rounds
1

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 $8.5M in total across 1 round, most recently a $8.5M Series D round in May 2015. Investors include Wright Medical Group N.V. and New Enterprise Associates.

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Funding History

AcquisitionAug 2018
$435.0M

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Investors

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