OrthoSpin
Smart Robotic External Fixation System
Startup Acquired Health Tech & Life Sciences Est. 2014 Acquired
Total Raised
$8M
Acquired
Last Round
$5M
3 rounds
Investors
2
2 public
Team
2
1-10 employees
Confidence
90/100
News
9
articles
About
OrthoSpin is developing a smart external fixation system designed to allow real-time physician follow-up and reduce dependence on patient compliance. The system is composed of a strut powered by a lightweight motor and a control box placed on top of a circular hexapod fixation frame. The system automatically and continuously adjusts and lengthens the struts according to the prescribed treatment regimen, without patient involvement. With OrthoSpin's smart system, physicians can be assured that the prescribed course of treatment is being followed. The company's proprietary software program allows physicians to chart patient progress and change the treatment schedule if necessary. In September 2019, the company received regulatory clearance from the FDA for its smart robotic external fixation system for orthopedic treatment. In January 2021, the company received regulatory clearance from the FDA for its second-generation robotic, digitally enabled external fixation system for orthopedic treatments. The OrthoSpin G2 system is approved in Israel, cleared for use in the United States, and can be used with the DePuy Synthes MAXFRAME Multi-Axial Correction System. OrthoSpin is part of the Trendlines Group.
Classification
Sector
Health Tech & Life SciencesDigital HealthcareDigital Therapeutics
Core Technology
Machinery & Robotics
Target Customer
Healthcare & Life SciencesHealthcareProviders
Business Model
B2B
Tags
medical-devicessurgeryorthopedicsroboticsdoctorsreal-timesaasautomationdigital-healthcaredigital-therapeutics
Funding & Events
Nov 2021
Exit $79.5M
Mar 2020
B Round $5M
Johnson & Johnson Innovation (Lead), The Trendlines Group
Jul 2018
A Round $3M
Johnson & Johnson Innovation
Dec 2015
Seed Undisclosed
The Trendlines Group
News (9)
Nov 4, 2021 · www.prnewswire.com
growth-positive
Trendlines Announces Acquisition of Portfolio Company OrthoSpin Ltd.
Acquisition
Jan 25, 2021 · www.prnewswire.com
growth-positive
OrthoSpin Ltd. Receives FDA Regulatory Clearance for its G2 System
CustomersPartners
Mar 31, 2020 · en.globes.co.il
growth-positive
Israeli robotic orthopedic co OrthoSpin raises $5m
Investment
Mar 31, 2020 · www.prnewswire.com
growth-positive
OrthoSpin Ltd. Raises up to US$5 Million in Series B Financing
Investment
Mar 31, 2020 · www.prnewswire.com
growth-positive
OrthoSpin Ltd. Raises up to US$5 Million in Series B Financing
Investment
Sep 18, 2019 · www.prnewswire.com
growth-positive
OrthoSpin Receives FDA Regulatory Clearance
CustomersPartners
Jul 23, 2018 · www.prnewswire.com
growth-positive
OrthoSpin Ltd. Completes $3 Million Raise for Orthopedic Robotic External Fixation System
Investment
May 30, 2018 · www.israel21c.org
growth-positive
Let a robot tend your fixation device after leg surgery
Customers
Feb 28, 2018 · www.prnewswire.com
growth-positive
Successful First in Human for OrthoSpin's Robotic External Orthopedic Fixation System
Customers
Details
Product Stage
Released
Employees
1-10
Exact Count
4
District
North District
Founded
2014
Registrar
515158608
Crunchbase
orthospin
Locations
HaYetsira Street 13, Yokne'am Illit, Israel
Links
Website
LinkedIn
Admin
Last Update
Feb 24, 2025
Verified by
Sharon Shapira
Missing
markets, not claimed
Team (2)
Yoni Epstein
Co-founder (No longer with the company)
Founder
Arie Zimel
COO