Magnesium Development Overview

  • Founded
  • 2014
Founded
  • Status
  • Private
  • Employees
  • 2
Employees
  • Latest Deal Type
  • Series A
  • Latest Deal Amount
  • $2.45M
Latest Deal Amount
  • Investors
  • 3

Magnesium Development General Information

Description

Developer of medical devices designed to meet the surgical needs of doctors. The company's medical devices uses metal alloy technology, combining the strength and handling properties of metal with complete absorption for application in sports medicine orthopedics, enabling patients to get advanced treatment for their pain which helps them to get fit sooner.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Surgical Devices
Other Industries
Other Devices and Supplies
Primary Office
  • 13827 Port Sheldon Street
  • Holland, MI 49424
  • United States
+1 (616) 000-0000
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Magnesium Development Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Early Stage VC (Series A) 19-Feb-2019 $2.45M 00.000 Completed Generating Revenue
1. Angel (individual) 01-Oct-2014 00000 00000 Completed Startup
To view Magnesium Development’s complete valuation and funding history, request access »

Magnesium Development Executive Team (4)

Name Title Board Seat Contact Info
Jeff Ondrla Vice President, Quality, Regulatory & Supply Chain
Robert Ball Founder, President, Board Member & Chief Executive Officer
Matthew Ahearn Chief Financial Officer
Donald Running Vice President, Research & Development & Board Member
To view Magnesium Development’s complete executive team members history, request access »

Magnesium Development Board Members (5)

Name Representing Role Since
Donald Running Self Vice President, Research & Development & Board Member 000 0000
Michael DeVries Wakestream Ventures Board Member 000 0000
Mike Milanowksi Magnesium Development Board Member 000 0000
Robert Ball Self Founder, President, Board Member & Chief Executive Officer 000 0000
Stephen LeBeau Magnesium Development Board Member 000 0000
To view Magnesium Development’s complete board members history, request access »

Magnesium Development Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Magnesium Development Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Biosciences Research and Commercialization Center Venture Capital Minority 000 0000 000000 0
Genesis Innovation Group Venture Capital Minority 000 0000 000000 0
Wakestream Ventures Venture Capital Minority 000 0000 000000 0
To view Magnesium Development’s complete investors history, request access »