PONTiS Orthopaedics has developed the PONTiS Surgical Instrument and Implant System to repair tendons and reconnect tendons to bone across multiple joints including hand, wrist, elbow, shoulder, knee, foot and ankle. The company says the technology simplifies and speeds surgical repair, enables minimally invasive methods not previously available, and produces repairs with significantly higher ultimate strength. PONTiS highlights a large U.S. market for hand flexor tendon repair with over 150,000 potential procedures annually. The company has obtained FDA clearance for Achilles tendon repair at the ankle, biceps tendon re-attachment at the elbow and shoulder, patellar tendon repair at the knee, and ligament repair in the wrist. PONTiS plans to use the $2 million Series A proceeds to fund sales and marketing programs for its hand and foot-and-ankle product lines to ramp commercialization.

Total raised

$2M

Funding rounds

1

Latest round

Series A

Latest activity

Jul 2015