Ostiio Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 3

Employees

  • Latest Deal Type
  • Grant

  • Latest Deal Amount
  • $3M

  • Investors
  • 9

Ostiio General Information

Description

Developer of a bone distraction system designed to correct skeletal deformities and deficiencies. The company's implant is fully buried under the patient's skin, eliminating the need for an external component, and the implant driver is programmable, allowing physicians to follow along with distraction progress remotely, enabling prescribing surgeons with proper transparency into, and control over, a process that has long been opaque.

Contact Information

Website
ostiio.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 3401 Grays Ferry Avenue
  • Building 176-1011
  • Philadelphia, PA 19146
  • United States
Primary Industry
Therapeutic Devices
Other Industries
Other Devices and Supplies
Vertical(s)
Manufacturing, HealthTech
Corporate Office
  • 3401 Grays Ferry Avenue
  • Building 176-1011
  • Philadelphia, PA 19146
  • United States

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Ostiio Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Grant 14-Sep-2023 $3M Completed Generating Revenue
8. Later Stage VC (Series A) 01-Aug-2022 Completed Generating Revenue
7. Grant 01-Jan-2022 Completed Generating Revenue
6. Grant 01-Dec-2021 Completed Generating Revenue
5. Grant 15-Jun-2021 Completed Generating Revenue
4. Accelerator/Incubator 01-Jan-2021 Completed Generating Revenue
3. Seed Round 01-Sep-2019 Completed Generating Revenue
2. Accelerator/Incubator 01-Jan-2017 $500K $500K Completed Generating Revenue
1. University Spin-Out 01-Jan-2017 Completed Generating Revenue
To view Ostiio’s complete valuation and funding history, request access »

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Ostiio Patents

  • 6

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • 3

    Pending

  • Expiring in next 12 mo

Ostiio Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4460248-A1 Systems and processes for distraction control Pending 04-Jan-2022
EP-4460248-A4 Systems and processes for distraction control Pending 04-Jan-2022
US-12551250-B2 Systems and processes for distraction control Active 04-Jan-2022
US-20230210566-A1 Systems and processes for distraction control Active 04-Jan-2022
US-20260137431-A1 Systems and processes for distraction control Pending 04-Jan-2022 A61B17/8004
To view Ostiio’s complete patent history, request access »

Ostiio Signals

Growth Rate

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Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Ostiio Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
National Institutes of Health Government
Ben Franklin Technology Partners of Southeastern Pennsylvania Accelerator/Incubator Minority
Lontra Ventures Venture Capital Minority
MassChallenge Accelerator/Incubator
PennHealthX Accelerator/Incubator
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Ostiio FAQs

  • When was Ostiio founded?

    Ostiio was founded in 2017.

  • Where is Ostiio headquartered?

    Ostiio is headquartered in Philadelphia, PA.

  • What is the size of Ostiio?

    Ostiio has 3 total employees.

  • What industry is Ostiio in?

    Ostiio’s primary industry is Therapeutic Devices.

  • Is Ostiio a private or public company?

    Ostiio is a Private company.

  • What is Ostiio’s current revenue?

    The current revenue for Ostiio is .

  • How much funding has Ostiio raised over time?

    Ostiio has raised $1.02M.

  • Who are Ostiio’s investors?

    National Institutes of Health, Ben Franklin Technology Partners of Southeastern Pennsylvania, Lontra Ventures, MassChallenge, and PennHealthX are 5 of 9 investors who have invested in Ostiio.

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