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Icarus Medical Innovations

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uuid00026m4

Namestring
Icarus Medical Innovations
Legal namestring
Icarus Medical Innovations
Company typeenum
Private
Founded yearint
2013
Descriptiontext

Icarus Medical Innovations is a Charlottesville, Virginia-based medical device company that designs, patents, and manufactures custom orthopedic braces, with a primary focus on knee osteoarthritis, post-operative recovery, and neuromuscular lower-limb conditions. Its proprietary platform combines iPhone-based 3D scanning with additive manufacturing (3D printing) and patented mechanical systems—including the Adonis Joint Distraction Hinge and the Hermes Adjustable Tensioning System—to produce lightweight, custom-fitted braces such as the Ascender (tricompartment unloader), Kronos (post-op), Hercules and Zeus (KAFOs), and Hermes (AFO), with a reported sub-0.5% rework rate across more than 4,000 fittings and clinical outcomes including 59% average pain reduction and 87% activity increase.

The company operates a hybrid distribution model: a clinician-mediated prescriber network (orthopedic surgeons, podiatrists, orthotics and prosthetics providers) accessed via a Find-a-Partner locator, alongside a direct-to-patient ordering channel that uses the scan-to-fabrication app. Pricing is one-time hardware sales of $1,395 for custom braces and $995 for off-the-shelf versions, with most insured patients paying under $200 out of pocket; reimbursement is supported by established CMS L-codes (L1846, L1845, L1852), Medicare coverage with a prescription, and 100% VA coverage for veterans. Financing for up to 24 months is offered for uninsured patients.

Icarus is a venture-backed private company led by founder-CEO Dave Johnson, who developed the core brace technology after his own patellofemoral osteoarthritis experience. The company closed an oversubscribed $7.2 million Series A in June 2026 led by Riptide Ventures and OSF Ventures, following an earlier $600,000 Virginia Catalyst round, and has been recognized on the Inc. 5000 list of America's fastest-growing private companies (1,283% three-year growth) and as the 2026 CBIC Startup of the Year. The business is scaling US commercialization, manufacturing capacity, and clinical evidence generation, and has signaled international expansion beyond its current US-only footprint.

Short descriptiontext

Icarus Medical Innovations designs and manufactures custom 3D-printed orthopedic braces—primarily for knee osteoarthritis, post-operative recovery, and neuromuscular conditions—using iPhone-based 3D scanning and patented hinge and tensioning technologies, sold via prescription through a clinician partner network and direct to patients in the United States.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersCharlottesville, United States
HQ citystring
Charlottesville
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
orthopedic knee braces, custom orthopedic devices, 3D printed braces, ankle-foot orthoses, post-operative knee braces
Industry2 codes
1Orthotics & Bracing (AFO/KAFO, Spinal, Soft Goods Supports)
CodeHLAHAMACPrimaryYes
2Orthotics & Bracing (Spinal/Lower/Upper Extremity Orthoses)
CodeHLAHAEAIPrimaryNo
NAICS code1 code
  • Surgical Appliance and Supplies Manufacturing339113
SIC code1 code
  • Orthopedic, Prosthetic & Surgical Appliances & Supplies3842
Product category
Orthopedic Bracing and Mobility Devices
GTM motion4 records

Each record includes

Type, Description, Source

Revenue model3 records
1Custom Orthopedic Braces
TypeHardware Sales
Description

Custom-fitted orthopedic braces manufactured using 3D scanning and additive manufacturing. Products include Ascender (unloader knee brace), Adonis (joint distraction), Kronos (post-op), Hercules (KAFO), Zeus (hybrid KAFO/AFO), and Hermes (AFO). Sold via prescription through partner clinicians or directly to patients.

icarusmedical.com
2Off-the-Shelf Braces
TypeHardware Sales
Description

Standard sizing (XS-XXL) off-the-shelf versions of core products available for patients who may not need custom fitting or prefer immediate availability. Available through same distribution channels as custom products.

icarusmedical.com
3Financing Revenue
TypeTransaction Fee
Description

Company offers financing options for up to 24 months for patients without insurance coverage, generating interest/fees on installment payments.

icarusmedical.com
Marketing channels11 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details4 tiers
1Custom Ascender Knee Brace - Primary product line
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Retail price: $1,395 per brace. Average customer cost after insurance: under $200. Warranty: 5-year on frame/hinge/tensioning system, 6-month on straps/pads. Requires prescription.

icarusmedical.com
2Off-the-Shelf (OTS) Ascender Knee Brace
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Retail price: $995 per brace. Sizes available: XS to XXL. Warranty: 2-year on frame/hinge/tensioning system, 6-month on straps/pads. Requires prescription.

icarusmedical.com
3Insurance/Reimbursement
ModelOtherBilling cadencePay-as-you-go
Notes

Covered by most standard private health insurance plans with doctor prescription. Medicare covers with prescription. Veterans covered at 100%. Average out-of-pocket cost under $200 for insured patients.

icarusmedical.com
4Financing Option
ModelOtherBilling cadenceMonthly
Notes

Financing available for up to 24 months for patients without insurance coverage.

icarusmedical.com
GTM typeB2C
B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Icarus Medical Innovations designs, manufactures, and sells custom-fitted and off-the-shelf orthopedic braces—including knee, KAFO, and AFO devices—using a proprietary scan-to-fabrication process that combines iPhone 3D scanning with additive manufacturing. Its portfolio targets osteoarthritis, joint distraction, post-operative recovery, and neuromuscular conditions, and is sold via prescription through clinical partners, the company's website, and healthcare systems.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 9 values shown
  • Average 59% pain reduction in 98% of patients using Ascender Knee Brace
+8 more records
Product overview1 text field

Icarus Medical Innovations offers a portfolio of orthopedic bracing products designed for various mobility challenges and conditions. The product lineup includes knee braces (Ascender for osteoarthritis, Adonis for joint distraction, Kronos for post-operative recovery), full leg braces (Hercules KAFO, Zeus hybrid KAFO), ankle braces (Hermes AFO), and specialty products (Pegasus for amputees). All products utilize a proprietary scan-to-fabrication process using 3D scanning via smartphone app and 3D printing technology to deliver custom-fitted devices. Products are designed and manufactured in Charlottesville, Virginia with a reported turnaround time of 2 weeks from scan to delivery. The company operates through a network of clinical partners including prescribers and orthotics & prosthetics providers.

Product and service7 records
1Ascender Knee Brace
CategoryOrthopedic knee brace
Description

Lightweight, form-fitting tricompartment unloader knee brace for patellofemoral and multi-compartment osteoarthritis patients. Unloads up to 40 lbs from the knee and has demonstrated 59% average pain reduction in 98% of patients in clinical studies. Requires prescription.

2Adonis Joint Distraction Knee Brace
CategoryOrthopedic knee brace
Description

Patented joint distraction knee brace for medial or lateral compartment osteoarthritis management and meniscus protection. Weighs under 10 oz, with pilot study showing 57% VAS pain reduction and improved KOOS Pain scores from 64.3% to 79.8%.

3Kronos Post-Surgical Knee Brace
CategoryOrthopedic knee brace
Description

Post-operative knee brace providing targeted unloading of the extensor mechanism while permitting controlled range of motion to prevent muscle atrophy during recovery from ACL reconstruction, MPFL repair, OCA, MACI, or patellar/quadriceps tendon repair. Available off-the-shelf or custom 3D-printed.

4Hercules KAFO
CategoryKnee-ankle-foot orthosis
Description

Industry's first and only adjustable, dynamic swing-assist knee-ankle-foot orthosis for gait restoration in neuromuscular conditions, stroke, and lower-limb paralysis. Unloads up to 60 lbs, weighs under 30 oz, available in anterior (step-in) and posterior models.

5Zeus Hybrid KAFO/AFO
CategoryKnee-ankle-foot orthosis
Description

Hybrid knee-ankle-foot orthosis combining dynamic adjustable KAFO and AFO systems for neuromuscular conditions, post-stroke recovery, or combined ankle and quadriceps weakness. Features patented tensioning system for control, stability, and joint unloading of up to 60 lbs.

6Hermes AFO
CategoryAnkle-foot orthosis
Description

First dynamic and user-adjustable dorsi-assist ankle-foot orthosis for foot drop and dorsiflexor weakness. Features patented adjustable tensioning system, push-button release, ratcheting dial producing up to 15 N-m (17 NM / 150 in-lb) of torque, and a lightweight 3D-printed frame (9–12 oz).

7Pegasus Brace for Amputees
CategorySpecialty orthopedic brace
Description

Specialty brace designed for amputees, available with order form, patient instructions for use, product sheet, and warranty information through Icarus Medical's resources page.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Enovis owns DonJoy and DJO, the dominant US orthopedic brace franchises (knee unloader braces, post-op braces, AFOs). Directly comparable product overlap in knee OA unloader braces and KAFO/AFO categories where Icarus competes for surgeon prescribing share.

TypeDirect peer
Description

Global leader in orthotics and prosthetics with substantial bracing portfolio including knee unloader braces and AFOs. Comparable technology stack (custom-fabricated orthoses) and overlapping clinical customers in orthopedics and sports medicine.

TypeDirect peer
Description

US orthopedic bracing specialist offering knee, post-op, and ankle braces sold through orthopedists and DME channels. Direct competitor in the same surgeon-prescribed bracing category Icarus targets.

TypeDirect peer
Description

German manufacturer of orthopedic braces, compression supports, and orthoses with strong US presence through medical retail and clinician channels. Comparable in knee bracing, AFOs, and osteoarthritis unloading category.

TypeDirect peer
Description

European orthotics and medical compression manufacturer with US orthopedic brace offerings. Directly comparable product portfolio in knee braces and orthoses for OA and post-operative indications.

TypeDirect peer
Description

Global leader in prosthetics and orthotics with a sizable orthopedic brace business. Comparable technology platform (custom orthoses including KAFO/AFO) and overlapping clinical end users in mobility-impaired populations.

TypeDirect peer
Description

German manufacturer of medical compression and orthopedic braces with US orthopedic distribution. Comparable offering in knee OA unloader braces and post-operative bracing sold through orthopedic practices.

TypeBroad incumbent
Description

Largest US provider of orthotic and prosthetic patient-care services, distributing third-party braces including KAFOs/AFOs. Functions as a partner channel for Icarus (O&P provider network) but also competes indirectly for patient prescriptions in orthotic care.

TypeDirect peer
Description

US orthopedic brace specialist focused on patellofemoral and OA knee bracing. Most direct head-to-head competitor in the tricompartment unloader category where Icarus's Ascender competes.

TypeBroad incumbent
Description

Diversified medical device giant with sports medicine and orthopedic surgical portfolios. Competes indirectly as the upstream surgical alternative (knee replacement) that Icarus braces aim to delay or avoid, and increasingly offers post-operative bracing solutions.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors8 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Icarus Medical Innovations

Orthopedic Bracing and Mobility Devicesicarusmedical.com

Icarus Medical Innovations designs and manufactures custom 3D-printed orthopedic braces—primarily for knee osteoarthritis, post-operative recovery, and neuromuscular conditions—using iPhone-based 3D scanning and patented hinge and tensioning technologies, sold via prescription through a clinician partner network and direct to patients in the United States.

What Icarus Medical Innovations does

Icarus Medical Innovations is a Charlottesville, Virginia-based medical device company that designs, patents, and manufactures custom orthopedic braces, with a primary focus on knee osteoarthritis, post-operative recovery, and neuromuscular lower-limb conditions. Its proprietary platform combines iPhone-based 3D scanning with additive manufacturing (3D printing) and patented mechanical systems—including the Adonis Joint Distraction Hinge and the Hermes Adjustable Tensioning System—to produce lightweight, custom-fitted braces such as the Ascender (tricompartment unloader), Kronos (post-op), Hercules and Zeus (KAFOs), and Hermes (AFO), with a reported sub-0.5% rework rate across more than 4,000 fittings and clinical outcomes including 59% average pain reduction and 87% activity increase.

The company operates a hybrid distribution model: a clinician-mediated prescriber network (orthopedic surgeons, podiatrists, orthotics and prosthetics providers) accessed via a Find-a-Partner locator, alongside a direct-to-patient ordering channel that uses the scan-to-fabrication app. Pricing is one-time hardware sales of $1,395 for custom braces and $995 for off-the-shelf versions, with most insured patients paying under $200 out of pocket; reimbursement is supported by established CMS L-codes (L1846, L1845, L1852), Medicare coverage with a prescription, and 100% VA coverage for veterans. Financing for up to 24 months is offered for uninsured patients.

Icarus is a venture-backed private company led by founder-CEO Dave Johnson, who developed the core brace technology after his own patellofemoral osteoarthritis experience. The company closed an oversubscribed $7.2 million Series A in June 2026 led by Riptide Ventures and OSF Ventures, following an earlier $600,000 Virginia Catalyst round, and has been recognized on the Inc. 5000 list of America's fastest-growing private companies (1,283% three-year growth) and as the 2026 CBIC Startup of the Year. The business is scaling US commercialization, manufacturing capacity, and clinical evidence generation, and has signaled international expansion beyond its current US-only footprint.

Icarus Medical Innovations firmographics

Firmographics
Name
Icarus Medical Innovations
Legal name
Icarus Medical Innovations
Website
https://icarusmedical.com
Company type
Private
Founded year
2013
Operating status
Operating
Headcount range
11–50 employees
Short description
Icarus Medical Innovations designs and manufactures custom 3D-printed orthopedic braces—primarily for knee osteoarthritis, post-operative recovery, and neuromuscular conditions—using iPhone-based 3D scanning and patented hinge and tensioning technologies, sold via prescription through a clinician partner network and direct to patients in the United States.
Ownership category
akta.pro rank

Icarus Medical Innovations industry classification

Industry
Product category
Orthopedic Bracing and Mobility Devices
NAICS
Surgical Appliance and Supplies Manufacturing (339113)
SIC
Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)
akta.pro primary industry
Orthotics & Bracing (AFO/KAFO, Spinal, Soft Goods Supports) (HLAHAMAC)
akta.pro secondary industry
Orthotics & Bracing (Spinal/Lower/Upper Extremity Orthoses) (HLAHAEAI)

Keywords

  • Orthopedic knee braces
  • Custom orthopedic devices
  • 3D printed braces
  • Ankle-foot orthoses
  • Post-operative knee braces

Where Icarus Medical Innovations is headquartered

Location

Headquarters

HQ city
Charlottesville
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Icarus Medical Innovations business model

Business model
GTM type
B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Custom Orthopedic Braces: Custom-fitted orthopedic braces manufactured using 3D scanning and additive manufacturing. Products include Ascender (unloader knee brace), Adonis (joint distraction), Kronos (post-op), Hercules (KAFO), Zeus (hybrid KAFO/AFO), and Hermes (AFO). Sold via prescription through partner clinicians or directly to patients.
  2. Off-the-Shelf Braces: Standard sizing (XS-XXL) off-the-shelf versions of core products available for patients who may not need custom fitting or prefer immediate availability. Available through same distribution channels as custom products.
  3. Financing Revenue: Company offers financing options for up to 24 months for patients without insurance coverage, generating interest/fees on installment payments.

Pricing tiers

ModelBillingPrice
One time/ perpetual licensePay-as-you-goCustom Ascender Knee Brace - Primary product line
One time/ perpetual licensePay-as-you-goOff-the-Shelf (OTS) Ascender Knee Brace
OtherPay-as-you-goInsurance/Reimbursement
OtherMonthlyFinancing Option

Go-to-market motion4 records

Distribution channels5 records

Marketing channels11 records

Icarus Medical Innovations product offering

Product offering

Core offering

Icarus Medical Innovations designs, manufactures, and sells custom-fitted and off-the-shelf orthopedic braces—including knee, KAFO, and AFO devices—using a proprietary scan-to-fabrication process that combines iPhone 3D scanning with additive manufacturing. Its portfolio targets osteoarthritis, joint distraction, post-operative recovery, and neuromuscular conditions, and is sold via prescription through clinical partners, the company's website, and healthcare systems.

Product overview

Icarus Medical Innovations offers a portfolio of orthopedic bracing products designed for various mobility challenges and conditions. The product lineup includes knee braces (Ascender for osteoarthritis, Adonis for joint distraction, Kronos for post-operative recovery), full leg braces (Hercules KAFO, Zeus hybrid KAFO), ankle braces (Hermes AFO), and specialty products (Pegasus for amputees). All products utilize a proprietary scan-to-fabrication process using 3D scanning via smartphone app and 3D printing technology to deliver custom-fitted devices. Products are designed and manufactured in Charlottesville, Virginia with a reported turnaround time of 2 weeks from scan to delivery. The company operates through a network of clinical partners including prescribers and orthotics & prosthetics providers.

Differentiator

Problem solved

Functional benefit

Products and services

  • Ascender Knee Brace Lightweight, form-fitting tricompartment unloader knee brace for patellofemoral and multi-compartment osteoarthritis patients. Unloads up to 40 lbs from the knee and has demonstrated 59% average pain reduction in 98% of patients in clinical studies. Requires prescription.
  • Adonis Joint Distraction Knee Brace Patented joint distraction knee brace for medial or lateral compartment osteoarthritis management and meniscus protection. Weighs under 10 oz, with pilot study showing 57% VAS pain reduction and improved KOOS Pain scores from 64.3% to 79.8%.
  • Kronos Post-Surgical Knee Brace Post-operative knee brace providing targeted unloading of the extensor mechanism while permitting controlled range of motion to prevent muscle atrophy during recovery from ACL reconstruction, MPFL repair, OCA, MACI, or patellar/quadriceps tendon repair. Available off-the-shelf or custom 3D-printed.
  • Hercules KAFO Industry's first and only adjustable, dynamic swing-assist knee-ankle-foot orthosis for gait restoration in neuromuscular conditions, stroke, and lower-limb paralysis. Unloads up to 60 lbs, weighs under 30 oz, available in anterior (step-in) and posterior models.
  • Zeus Hybrid KAFO/AFO Hybrid knee-ankle-foot orthosis combining dynamic adjustable KAFO and AFO systems for neuromuscular conditions, post-stroke recovery, or combined ankle and quadriceps weakness. Features patented tensioning system for control, stability, and joint unloading of up to 60 lbs.
  • Hermes AFO First dynamic and user-adjustable dorsi-assist ankle-foot orthosis for foot drop and dorsiflexor weakness. Features patented adjustable tensioning system, push-button release, ratcheting dial producing up to 15 N-m (17 NM / 150 in-lb) of torque, and a lightweight 3D-printed frame (9–12 oz).
  • Pegasus Brace for Amputees Specialty brace designed for amputees, available with order form, patient instructions for use, product sheet, and warranty information through Icarus Medical's resources page.

Quantifiable outcome

  • Average 59% pain reduction in 98% of patients using Ascender Knee Brace
  • +8 more outcomes

Companies that use Icarus Medical Innovations

Customer profile

Named customers6 records

Segments6 records

Ideal customer profiles3 records

Icarus Medical Innovations technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature7 records

Icarus Medical Innovations partnerships and signals

Strategic signal

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Icarus Medical Innovations competitors and assessment

Company assessment

Direct peers

  • Enovis (DJO / DonJoy): Enovis owns DonJoy and DJO, the dominant US orthopedic brace franchises (knee unloader braces, post-op braces, AFOs). Directly comparable product overlap in knee OA unloader braces and KAFO/AFO categories where Icarus competes for surgeon prescribing share.
  • Össur: Global leader in orthotics and prosthetics with substantial bracing portfolio including knee unloader braces and AFOs. Comparable technology stack (custom-fabricated orthoses) and overlapping clinical customers in orthopedics and sports medicine.
  • Breg: US orthopedic bracing specialist offering knee, post-op, and ankle braces sold through orthopedists and DME channels. Direct competitor in the same surgeon-prescribed bracing category Icarus targets.
  • Bauerfeind: German manufacturer of orthopedic braces, compression supports, and orthoses with strong US presence through medical retail and clinician channels. Comparable in knee bracing, AFOs, and osteoarthritis unloading category.
  • Thuasne: European orthotics and medical compression manufacturer with US orthopedic brace offerings. Directly comparable product portfolio in knee braces and orthoses for OA and post-operative indications.
  • Ottobock: Global leader in prosthetics and orthotics with a sizable orthopedic brace business. Comparable technology platform (custom orthoses including KAFO/AFO) and overlapping clinical end users in mobility-impaired populations.
  • medi: German manufacturer of medical compression and orthopedic braces with US orthopedic distribution. Comparable offering in knee OA unloader braces and post-operative bracing sold through orthopedic practices.
  • Hely & Weber: US orthopedic brace specialist focused on patellofemoral and OA knee bracing. Most direct head-to-head competitor in the tricompartment unloader category where Icarus's Ascender competes.

Broad incumbents

  • Hanger Clinic: Largest US provider of orthotic and prosthetic patient-care services, distributing third-party braces including KAFOs/AFOs. Functions as a partner channel for Icarus (O&P provider network) but also competes indirectly for patient prescriptions in orthotic care.
  • Stryker: Diversified medical device giant with sports medicine and orthopedic surgical portfolios. Competes indirectly as the upstream surgical alternative (knee replacement) that Icarus braces aim to delay or avoid, and increasingly offers post-operative bracing solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Icarus Medical Innovations social profiles

Digital presence

Icarus Medical Innovations financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Icarus Medical Innovations leadership team

Management profile

Number of profiles

Profiles2 records

Icarus Medical Innovations funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Icarus Medical Innovations M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Icarus Medical Innovations

What does Icarus Medical Innovations do?

Icarus Medical Innovations designs, manufactures, and sells custom-fitted and off-the-shelf orthopedic braces—including knee, KAFO, and AFO devices—using a proprietary scan-to-fabrication process that combines iPhone 3D scanning with additive manufacturing. Its portfolio targets osteoarthritis, joint distraction, post-operative recovery, and neuromuscular conditions, and is sold via prescription through clinical partners, the company's website, and healthcare systems.

Is Icarus Medical Innovations a public or private company?

Icarus Medical Innovations is a private company. It is classified as venture growth investor backed and is currently operating.

When was Icarus Medical Innovations founded?

Icarus Medical Innovations was founded in 2013. It employs 11 to 50 people.

Where is Icarus Medical Innovations based?

Icarus Medical Innovations is headquartered in Charlottesville, United States, in the North America region.

How does Icarus Medical Innovations make money?

Three revenue lines are on record. Custom Orthopedic Braces are the primary driver. The others are off-the-Shelf Braces and financing Revenue.

Who are Icarus Medical Innovations's main competitors?

Direct peers on record are Enovis (DJO / DonJoy), Össur, Breg, Bauerfeind, Thuasne, Ottobock, medi and Hely & Weber. Broad incumbents are Hanger Clinic and Stryker.

Does Icarus Medical Innovations have an API?

No public API is recorded for Icarus Medical Innovations.

What industry is Icarus Medical Innovations in?

Icarus Medical Innovations's product category is Orthopedic Bracing and Mobility Devices. Its primary akta.pro industry code is HLAHAMAC, Orthotics & Bracing (AFO/KAFO, Spinal, Soft Goods Supports), with a secondary code of HLAHAEAI, Orthotics & Bracing (Spinal/Lower/Upper Extremity Orthoses). Its NAICS code is 339113 and its SIC code is 3842.

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EIN PresswireIcarus Medical Introduces Unparallelled Control to Adjust Knee Flexion Across Orthotic CareIcarus Medical introduced the Flexion Control Dial, a dial-controlled mechanism that lets clinicians adjust permitted knee flexion on its orthoses without changing mechanical stops. The feature supports postoperative rehabilitation and KAFO patients with lower extremity instability, and research is exploring stroke recovery applications.EIN PresswireLandmark Peer-Reviewed Study Validates New Knee Brace Technology for Most Common Knee ConditionA peer-reviewed study of 113 patients with patellofemoral osteoarthritis found significant pain and function improvements after four weeks of using the Icarus Ascender knee brace. Average pain scores dropped from 6.73 to 2.69, and 66.4% of knees met a clinically important difference. The findings suggest anterior knee unloading may offer a noninvasive treatment option.PR NewswireLandmark Peer-Reviewed Study Validates New Knee Brace Technology for Most Common Knee ConditionA peer-reviewed study of 134 knees found that using the Icarus Ascender knee brace for four weeks reduced pain by 59% in patients with patellofemoral osteoarthritis. Average KOOS JR scores rose from 47.87 to 69.49, and VAS pain scores fell from 6.73 to 2.69. The findings may influence standard care for anterior knee pain.BioSpaceIcarus Medical Secures $7.2 Million Series A to Accelerate Growth and InnovationIcarus Medical closed an oversubscribed $7.2 million Series A round, exceeding its $5 million target. Proceeds will fund US commercialization, product development, manufacturing expansion, and clinical validation. The company was named to the Inc. 5000 list and received the 2026 CBIC Startup of the Year Award.FinSMEsIcarus Medical Raises $7.2M in Series A FundingIcarus Medical, a Charlottesville-based med-tech company, raised $47.2M in Series A funding from multiple investors. The company will use the funds to accelerate commercialization, product development, manufacturing expansion, and clinical validation. It aims to increase its national presence.AijournIcarus Medical Secures $7.2 Million Series A to Accelerate Growth and InnovationIcarus Medical, a Charlottesville-based med-tech company focused on orthopedic bracing technology, has successfully closed its Series A financing round at $7.2 million, oversubscribing its original $5 million target. The funding round attracted participation from seven major investors including Riptide Ventures, OSF Ventures, and BLU Venture Investors, who bring strategic healthcare and commercialization expertise. Proceeds will support accelerated US commercialization, product development, manufacturing expansion, and clinical validation as the company seeks to increase its national presence.PR NewswireIcarus Medical Secures $7.2 Million Series A to Accelerate Growth and InnovationIcarus Medical, a Charlottesville-based med-tech company specializing in orthopedic bracing technology, announced the successful close of its Series A financing round at $7.2 million, oversubscribed from its original $5 million target, reflecting strong investor confidence in its technology platform and market momentum. The funding will support accelerated commercialization across the US, continued product development, manufacturing expansion, and clinical validation of its devices including the Ascender Knee Brace and Adonis Joint Distraction Knee Brace. The company was named to the Inc. 5000 list of America's fastest-growing private companies and recently received the 2026 CBIC Startup of the Year Award.EIN PresswireIcarus Medical Secures $7.2 Million Series A to Accelerate Growth and InnovationIcarus Medical closed a $7.2 million Series A round, oversubscribed from its $5 million target. The funds will support US commercialization, product development, manufacturing expansion, and clinical validation. The company was named to the Inc. 5000 list with 1,283% three-year growth.EIN PresswireIcarus Medical Recognized with 2026 Startup of the Year Award by the Charlottesville Business Innovation CouncilIcarus Medical, a Charlottesville-based med-tech company, won the 2026 Startup of the Year Award from the Charlottesville Business Innovation Council. The company, known for its Ascender Knee Brace, achieved 1,283% three-year growth and was named to the Inc. 5000 list.