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Ceterix Orthopaedics

Full company profile

uuid0003k1f

Namestring
Ceterix Orthopaedics
Websiteurl
ceterix.com
Company typeenum
Private
Founded yearint
2010
Descriptiontext

Ceterix Orthopaedics is a privately held medical device company founded in 2010 and headquartered in Menlo Park, California. The company develops novel surgical tools designed for arthroscopic procedures, a minimally invasive surgical technique used to diagnose and treat joint conditions. Its product focus is on enabling surgeons to perform complex repairs through small incisions, addressing limitations of conventional arthroscopic instrumentation. The company operates with a workforce of approximately 51–100 employees, consistent with a commercial-stage medical device organization of its size.

The company's commercial model is built around the design, manufacture, and sale of proprietary surgical instruments to orthopedic surgeons and the hospitals and ambulatory surgery centers where they practice. Revenue is generated through unit sales of its devices and related consumables, consistent with a typical medtech capital-plus-consumable hybrid sales motion targeting surgical specialists. Distribution is presumed to leverage a combination of direct sales representation and specialty distributor relationships typical for arthroscopic device companies, though specific channel details are not disclosed in the available data.

Ceterix has raised approximately $107.3 million across five disclosed funding events between 2012 and 2016, drawing capital from dedicated healthcare venture investors (5AM Ventures, Novo Ventures, Versant Ventures) as well as growth-stage debt providers (CRG, Oxford Finance, Silicon Valley Bank). This investor mix — VC equity plus structured debt — is characteristic of a venture-backed device company that has reached commercial scale and is investing in salesforce expansion, clinical evidence generation, and potential label expansions. The board includes Kevin Sidow in the role of Chairman.

Short descriptiontext

Ceterix Orthopaedics is a Menlo Park-based medical device company that develops novel surgical instruments for arthroscopic procedures, serving orthopedic surgeons and the hospitals and ambulatory surgery centers where they operate.

Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersMenlo Park, United States
HQ citystring
Menlo Park
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
arthroscopic surgical instruments, orthopedic surgical tools, minimally invasive devices, sports medicine devices, suture passing technology
Industry2 codes
1Open & Minimally Invasive Surgical Instruments (Handheld, Laparoscopic, MIS)
CodeHLAHADAAPrimaryYes
2Orthopedic Surgery (Operative Orthopedics)
CodeHLAKALACPrimaryNo
NAICS code2 codes
  • Surgical and Medical Instrument Manufacturing339112
  • Surgical Appliance and Supplies Manufacturing339113
SIC code1 code
  • Surgical & Medical Instruments & Apparatus3841
Product category
Orthopedic Surgical Instruments
Social media profiles3 records
Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Ceterix Orthopaedics develops and manufactures novel surgical instruments specifically designed for arthroscopic (minimally invasive) orthopedic procedures. The company's products are intended to enable surgeons to perform repairs through small incisions, targeting the sports medicine and soft-tissue repair segments of the orthopedic device market.

Differentiator
Functional benefit
Problem solved
Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight2 records

Each record includes

Type, Description

Peers10 records
1Karl Storz
TypeDirect peer
Description

Karl Storz specializes in endoscopy and minimally invasive visualization instruments used in arthroscopy, overlapping with Ceterix in the procedural toolset for minimally invasive joint surgery.

2DePuy Synthes (Johnson & Johnson)
TypeBroad incumbent
Description

DePuy Synthes, part of J&J MedTech, provides arthroscopic instruments and orthopedic surgical tools, placing it as a broad incumbent peer with deep resources and hospital contracts.

3Zimmer Biomet
TypeBroad incumbent
Description

Zimmer Biomet offers sports medicine and arthroscopy products through its surgical and orthopedics portfolio, competing in the same procedural category as Ceterix's tools.

4Stryker
TypeBroad incumbent
Description

Stryker's Sports Medicine and Endoscopy divisions offer arthroscopic visualization, resection, and surgical instruments, making it a broad incumbent peer with overlapping tools portfolio.

5Olympus
TypeBroad incumbent
Description

Olympus's medical division includes arthroscopic and endoscopic visualization systems, making it a peer in the broader arthroscopic procedure ecosystem where Ceterix's tools are used.

6Smith & Nephew
TypeBroad incumbent
Description

Smith & Nephew operates a global Sports Medicine & ENT business that includes arthroscopic instruments, implants, and fluid management systems, overlapping directly with Ceterix's focus.

7Linvatec (Conmed subsidiary)
TypeEmerging player
Description

Linvatec, now part of Conmed, focuses on arthroscopic and sports medicine instrumentation, representing an emerging/specialized product line comparable to Ceterix's niche offering.

8Arthrex
TypeDirect peer
Description

Arthrex is the dominant manufacturer of arthroscopic surgical instruments, implants, and related equipment for sports medicine and orthopedics. It is the most direct competitor to Ceterix in the arthroscopic tools category.

9Conmed
TypeDirect peer
Description

Conmed manufactures arthroscopic instruments, electrosurgical devices, and fluid management systems used in minimally invasive orthopedic procedures, making it a close direct peer to Ceterix.

10Richard Wolf
TypeDirect peer
Description

Richard Wolf manufactures endoscopic and arthroscopic surgical instruments for minimally invasive orthopedic and urological procedures, directly comparable to Ceterix's arthroscopic tool focus.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses3 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks4 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

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

API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

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 rounds5 records

Each record includes

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

Investors6 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 →

Ceterix Orthopaedics

Orthopedic Surgical Instrumentsceterix.com

Ceterix Orthopaedics is a Menlo Park-based medical device company that develops novel surgical instruments for arthroscopic procedures, serving orthopedic surgeons and the hospitals and ambulatory surgery centers where they operate.

What Ceterix Orthopaedics does

Ceterix Orthopaedics is a privately held medical device company founded in 2010 and headquartered in Menlo Park, California. The company develops novel surgical tools designed for arthroscopic procedures, a minimally invasive surgical technique used to diagnose and treat joint conditions. Its product focus is on enabling surgeons to perform complex repairs through small incisions, addressing limitations of conventional arthroscopic instrumentation. The company operates with a workforce of approximately 51–100 employees, consistent with a commercial-stage medical device organization of its size.

The company's commercial model is built around the design, manufacture, and sale of proprietary surgical instruments to orthopedic surgeons and the hospitals and ambulatory surgery centers where they practice. Revenue is generated through unit sales of its devices and related consumables, consistent with a typical medtech capital-plus-consumable hybrid sales motion targeting surgical specialists. Distribution is presumed to leverage a combination of direct sales representation and specialty distributor relationships typical for arthroscopic device companies, though specific channel details are not disclosed in the available data.

Ceterix has raised approximately $107.3 million across five disclosed funding events between 2012 and 2016, drawing capital from dedicated healthcare venture investors (5AM Ventures, Novo Ventures, Versant Ventures) as well as growth-stage debt providers (CRG, Oxford Finance, Silicon Valley Bank). This investor mix — VC equity plus structured debt — is characteristic of a venture-backed device company that has reached commercial scale and is investing in salesforce expansion, clinical evidence generation, and potential label expansions. The board includes Kevin Sidow in the role of Chairman.

Ceterix Orthopaedics firmographics

Firmographics
Name
Ceterix Orthopaedics
Website
https://ceterix.com
Company type
Private
Founded year
2010
Headcount range
51–100 employees
Short description
Ceterix Orthopaedics is a Menlo Park-based medical device company that develops novel surgical instruments for arthroscopic procedures, serving orthopedic surgeons and the hospitals and ambulatory surgery centers where they operate.
Ownership category
akta.pro rank

Ceterix Orthopaedics industry classification

Industry
Product category
Orthopedic Surgical Instruments
NAICS
Surgical and Medical Instrument Manufacturing (339112), Surgical Appliance and Supplies Manufacturing (339113)
SIC
Surgical & Medical Instruments & Apparatus (3841)
akta.pro primary industry
Open & Minimally Invasive Surgical Instruments (Handheld, Laparoscopic, MIS) (HLAHADAA)
akta.pro secondary industry
Orthopedic Surgery (Operative Orthopedics) (HLAKALAC)

Keywords

  • Arthroscopic surgical instruments
  • Orthopedic surgical tools
  • Minimally invasive devices
  • Sports medicine devices
  • Suture passing technology

Where Ceterix Orthopaedics is headquartered

Location

Headquarters

HQ city
Menlo Park
HQ country
United States
HQ region
North America

Markets served

Ceterix Orthopaedics business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Ceterix Orthopaedics product offering

Product offering

Core offering

Ceterix Orthopaedics develops and manufactures novel surgical instruments specifically designed for arthroscopic (minimally invasive) orthopedic procedures. The company's products are intended to enable surgeons to perform repairs through small incisions, targeting the sports medicine and soft-tissue repair segments of the orthopedic device market.

Differentiator

Problem solved

Functional benefit

Companies that use Ceterix Orthopaedics

Customer profile

Ideal customer profiles1 record

Ceterix Orthopaedics technology and API

Technology

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Ceterix Orthopaedics partnerships and signals

Strategic signal

Recent moves5 records

Expansion highlights2 records

Ceterix Orthopaedics competitors and assessment

Company assessment

Direct peers

  • Karl Storz: Karl Storz specializes in endoscopy and minimally invasive visualization instruments used in arthroscopy, overlapping with Ceterix in the procedural toolset for minimally invasive joint surgery.
  • Arthrex: Arthrex is the dominant manufacturer of arthroscopic surgical instruments, implants, and related equipment for sports medicine and orthopedics. It is the most direct competitor to Ceterix in the arthroscopic tools category.
  • Conmed: Conmed manufactures arthroscopic instruments, electrosurgical devices, and fluid management systems used in minimally invasive orthopedic procedures, making it a close direct peer to Ceterix.
  • Richard Wolf: Richard Wolf manufactures endoscopic and arthroscopic surgical instruments for minimally invasive orthopedic and urological procedures, directly comparable to Ceterix's arthroscopic tool focus.

Broad incumbents

  • DePuy Synthes (Johnson & Johnson): DePuy Synthes, part of J&J MedTech, provides arthroscopic instruments and orthopedic surgical tools, placing it as a broad incumbent peer with deep resources and hospital contracts.
  • Zimmer Biomet: Zimmer Biomet offers sports medicine and arthroscopy products through its surgical and orthopedics portfolio, competing in the same procedural category as Ceterix's tools.
  • Stryker: Stryker's Sports Medicine and Endoscopy divisions offer arthroscopic visualization, resection, and surgical instruments, making it a broad incumbent peer with overlapping tools portfolio.
  • Olympus: Olympus's medical division includes arthroscopic and endoscopic visualization systems, making it a peer in the broader arthroscopic procedure ecosystem where Ceterix's tools are used.
  • Smith & Nephew: Smith & Nephew operates a global Sports Medicine & ENT business that includes arthroscopic instruments, implants, and fluid management systems, overlapping directly with Ceterix's focus.

Emerging players

  • Linvatec (Conmed subsidiary): Linvatec, now part of Conmed, focuses on arthroscopic and sports medicine instrumentation, representing an emerging/specialized product line comparable to Ceterix's niche offering.

Market position

Strengths4 records

Weaknesses3 records

Competitive moat3 records

Key risks4 records

Key highlights5 records

Customer concentration

Ceterix Orthopaedics social profiles

Digital presence

Ceterix Orthopaedics financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Ceterix Orthopaedics leadership team

Management profile

Number of profiles

Profiles1 record

Ceterix Orthopaedics funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors6 records

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

Ceterix Orthopaedics 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 Ceterix Orthopaedics

What does Ceterix Orthopaedics do?

Ceterix Orthopaedics develops and manufactures novel surgical instruments specifically designed for arthroscopic (minimally invasive) orthopedic procedures. The company's products are intended to enable surgeons to perform repairs through small incisions, targeting the sports medicine and soft-tissue repair segments of the orthopedic device market.

When was Ceterix Orthopaedics founded?

Ceterix Orthopaedics was founded in 2010. It employs 51 to 100 people.

Where is Ceterix Orthopaedics based?

Ceterix Orthopaedics is headquartered in Menlo Park, United States, in the North America region.

Who are Ceterix Orthopaedics's main competitors?

Direct peers on record are Karl Storz, Arthrex, Conmed and Richard Wolf. Broad incumbents are DePuy Synthes (Johnson & Johnson), Zimmer Biomet, Stryker, Olympus and Smith & Nephew. Linvatec (Conmed subsidiary) is listed as an emerging player.

Does Ceterix Orthopaedics have an API?

No public API is recorded for Ceterix Orthopaedics.

What industry is Ceterix Orthopaedics in?

Ceterix Orthopaedics's product category is Orthopedic Surgical Instruments. Its primary akta.pro industry code is HLAHADAA, Open & Minimally Invasive Surgical Instruments (Handheld, Laparoscopic, MIS), with a secondary code of HLAKALAC, Orthopedic Surgery (Operative Orthopedics). Its NAICS code is 339112 and its SIC code is 3841.

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Live signals
The ListWhat To Know About Sofia Vergara's Boyfriend, Justin SalimanThe article profiles Dr. Justin Saliman, an orthopedic surgeon and boyfriend of actress Sofia Vergara, detailing his professional background and previous marriage to actor Bree Turner. It highlights Saliman's entrepreneurial achievements, specifically the acquisition of his company Ceterix Orthopedics by Smith & Nephew and the founding of OutcomeMD. The piece also notes Vergara's current openness to a serious relationship while focusing on her work.HELLO!Sofia Vergara's boyfriend Justin Saliman's $105 million boast revealedJustin Saliman, an orthopedic surgeon and founder of Ceterix Orthopedics, achieved a $105 million exit when his medtech company was acquired in 2019. He is currently dating actress Sofia Vergara, having begun their relationship in November 2023 after her divorce from Joe Manganiello.ForbesFrom The Operating Room, This Physician Entrepreneur Manufactured His Way To A $105 Million ExitSmith & Nephew acquired Ceterix Orthopedics for $105 million, completing the transaction in January 2019. The deal values the Menlo Park-based medtech company, which generated $6 million in revenue from its suturing techniques, following its founding by physician entrepreneur Justin Saliman.VC News DailyCeterix Orthopaedics Inks $18M FinancingCeterix Orthopaedics, a Menlo Park-based developer of surgical tools for arthroscopic procedures, has closed $18 million in new financing with participation from existing investors Novo A/S, Versant Ventures, and 5AM Ventures, along with debt financing from Silicon Valley Bank and Oxford Finance. The funds will support commercial expansion of the company's novel surgical tools, which are currently used by more than 100 U.S. physicians and have applications in knee, hip, and shoulder procedures. The company also announced the issuance of two key U.S. patents related to meniscal and soft tissue repair methods.FinSMEsCeterix Orthopaedics Closes $18M FinancingCeterix Orthopaedics, a Menlo Park-based developer of arthroscopic surgical tools, closed an $18M financing round. Backers include Novo A/S, Versant Ventures, and 5AM Ventures, with funds earmarked for commercial expansion. The company, founded in 2010, has tools used by over 100 U.S. physicians.