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§ Private Profile · Fort Washington, PA, USA
Medical device company developing devices for minimally invasive arthroscopic orthopaedic procedures for extremities.
Core Essence Orthopaedics, founded in 2007 by Doctor Thomas J Fogarty and Ernie Lane, was a medical device company located in Fort Washington, Pennsylvania. The defunct enterprise developed and commercialized intuitive instruments for minimally invasive and arthroscopic procedures involving soft tissue and skeletal repair of the extremities. Their specialized product portfolio targeted high volume sports medicine procedures, enabling orthopedic surgeons to simplify techniques, improve patient outcomes, and reduce recovery times. During its operational lifespan, the organization raised a total of 16,990,000 dollars in venture capital funding, which included a notable 11,500,000 dollar Series B financing round led by Baird Venture Partners. Following this significant investment, Pete Shagory joined the corporate board of directors, while former Synthes Spine president John Moran was appointed as chief executive officer in September 2009 to lead manufacturing and commercialization efforts.
Core Essence Orthopaedics has raised $11.5M across 1 funding round.
Core Essence Orthopaedics has raised $11.5M in total across 1 funding round.
Core Essence Orthopaedics has raised $11.5M across 1 funding round. Most recently, it raised $11.5M Series B in March 2011.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 21, 2011 | $11.5M Series B | Pete Shagory | Newspring Capital, Robin Hood Ventures | Announced |
Core Essence Orthopaedics has raised $11.5M in total across 1 funding round.
Core Essence Orthopaedics's investors include Pete Shagory, NewSpring Capital, Robin Hood Ventures.