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Shoulder Innovations Announces Oversubscribed $42 Million Series D Financing

PUBLIC · SIMar 06, 2023

Amount Raised

$42 Million

Round Type

Series D

Grand RapidsHealthcareHealth Care

Investors

Aperture Venture PartnersGilmartin CapitalAccelerator Capital Lightstone VenturesUS Venture PartnersGilde Healthcare Partners

Description

Shoulder Innovations Inc. (SI), a Grand Rapids, Michigan based leader in the shoulder replacement implant market, announced closing on an oversubscribed $42 million Series D financing. SI is a privately-held medical device company with a broad team of successful innovators in the shoulder space.

Quick answer

Shoulder Innovations raised $42 Million in a Series D round, dated March 6, 2023. Investors: Aperture Venture Partners, Gilmartin Capital, Accelerator Capital , Lightstone Ventures, US Venture Partners and Gilde Healthcare Partners. Shoulder Innovations is based in Grand Rapids, Michigan, United States.

How much did Shoulder Innovations raise?
Shoulder Innovations raised $42 Million in a Series D round on March 6, 2023.
Who invested in Shoulder Innovations?
Aperture Venture Partners, Gilmartin Capital, Accelerator Capital , Lightstone Ventures, US Venture Partners and Gilde Healthcare Partners are named as investors in this round.
What does Shoulder Innovations do?
Shoulder Innovations is a shoulder arthroplasty-focused medical device development company that designs and commercializes innovative products that demonstrate the potential for improved patient care and reduced overall..
Where is Shoulder Innovations based and how big is it?
Shoulder Innovations is based in Grand Rapids, Michigan, United States.
Who are the decision-makers at Shoulder Innovations?
Fundz holds 3 contacts at Shoulder Innovations, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare and Health Care around the same time

Companies in the same sectors as Shoulder Innovations that raised within 45 days of this round, from Fundz verified event records.

  • Renovo Concepts raised $240K (Pre-Seed) on April 20, 2023.
  • Phio Pharmaceuticals raised $4M (Seed) on April 20, 2023.
  • Convergent Dental raised $10M on April 20, 2023.
  • Channel Medsystems raised $10M on April 19, 2023.
  • Prescribe FIT raised $208K (Seed) on April 19, 2023.
  • Imagen Dental Partners raised $1.3M on April 18, 2023.

Who to call at Shoulder Innovations, and when

A new round usually means Shoulder Innovations is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Shoulder Innovations raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Shoulder Innovations, from your own LinkedIn network

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Company Information

Company

Shoulder Innovations

Location

1535 Steele Ave SW

Grand Rapids, Michigan, United States

About

Shoulder Innovations is a shoulder arthroplasty-focused medical device development company that designs and commercializes innovative products that demonstrate the potential for improved patient care and reduced overall cost to the healthcare system.

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Related People

3 contacts
Verified contactsRob B., Executive Officer, Director hiddenSee plans and pricing
Predictive Intelligence
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Shoulder Innovations raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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