Innovasis

What Innovasis does

Innovasis is a privately held spinal implant medical device company headquartered in Salt Lake City, Utah, founded in 2004 (per company history). The company designs, manufactures, and markets bioactive spinal implant devices and related surgical products for the treatment of spinal deformities, degenerative conditions, trauma, and tumors across the cervical, thoracic, lumbar, and sacral regions. Its primary customers are spine surgeons, hospitals, surgical centers, and medical device distributors in the United States; all reported operations are confined to the domestic market. Following its November 14, 2025 acquisition by Roots Equity Group, the company operates under new private equity sponsorship with Matt Stuttle serving as President and CEO.

Innovasis's product portfolio spans HA PEEK interbody fusion cages (AxHA, CxHA, LxHA, PxHA, TxHA), titanium interbody devices using the proprietary Tetracell 3D-printed scaffold with up to 66% porosity (AxTiHA, TxTiHA), cervical plate and stabilization systems (Oryx, Gibralt, Endeavor, Excella, Kestrel), cranial fixation systems, and a biologics line including demineralized cortical fibers, allografts, and amnion products. The company's core technical differentiator is bioactive material science: HA PEEK integrates 20% hydroxyapatite throughout the PEEK-OPTIMA matrix (supplied by Invibio) rather than as a surface coating, while Beta+ PEEK adds β-Tricalcium Phosphate to enhance the cellular response at the bone-implant interface. HAnano Surface technology — a 20nm crystalline hydroxyapatite modification licensed from Promimic AB (Mölndal, Sweden) — is applied to titanium implants. The BioBase Data Registry, with data on 3,800+ procedures as of June 2024 and AI-supported image assessment via Raylytic, provides a multicenter clinical evidence base. Published outcomes include 91.3%–92.2% fusion rates at 6–12 months, 96% successful fusion across instrumented segments in lumbar procedures, and a 0.2% revision rate.

The company operates a sales-led go-to-market combining direct sales to healthcare providers with distributor partnerships, supplemented by the Innovasis Academy surgeon training program, the Spine Symposium, and humanitarian medical expeditions to Peru. Revenue is generated primarily through one-time hardware sales of spinal implant devices, surgical instruments, and biologics under quote-based pricing that is not publicly disclosed. The Endeavor Stand-Alone Cervical IBF System featuring proprietary Beta+ PEEK technology is slated for launch in March 2026, marking the company's most significant near-term product introduction.

Name

Innovasis

Legal name

Innovasis

Website

https://innovasis.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

Innovasis is a privately held medical device company that designs, manufactures, and markets bioactive spinal implant devices and biologics for spine surgeons, hospitals, and distributors across the United States.

Ownership category

akta.pro rank

Product category

Spinal Implant Medical Devices

NAICS

Surgical Appliance and Supplies Manufacturing (339113), Surgical and Medical Instrument Manufacturing (339112), Medical Equipment and Supplies Manufacturing (33911)

SIC

Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842), Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Spine Implants & Motion Preservation (Fusion/Disc/Interspinous) (HLAHAEAC)

akta.pro secondary industries

3D-Printed & Patient-Specific Implants (Custom Ortho/Spine/Cranial) (HLAHAEAJ), Neurosurgical Implants & Cranial/CMF (Cranial Plates, Dural Repair, Shunts) (HLAHAEAD), Single-Use Surgical Devices & Procedure Packs (Disposable instruments, drapes, kits) (HLAHADAM)

Keywords

• Spinal implant devices
• Interbody fusion cages
• Bioactive PEEK materials
• Spine surgery hardware
• Orthopedic biologics

Headquarters

HQ city

Salt Lake City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Spinal Implant Devices: Sale of spinal implant devices including cervical, thoracolumbar, and cranial products. One-time product sales to healthcare providers and hospitals for surgical procedures.
2. Surgical Instruments: Manufacturing and sale of related surgical instruments and power drivers for cranial fixation cases.
3. Biologics Products: Sale of biologics including demineralized cortical fibers, fiber strips, allografts, and other bone graft materials for spinal fusion procedures.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Innovasis designs, manufactures, and markets bioactive spinal implant devices and related surgical products, including HA PEEK interbody fusion cages, Tetracell titanium cages, cervical and thoracolumbar fixation systems, cranial fixation implants, biologics, and a clinical outcomes registry. The product portfolio addresses cervical, thoracic, lumbar, sacral, and cranial spinal conditions through a sales-led model serving spine surgeons, hospitals, and distributors in the U.S.

Product overview

Innovasis is a research-driven spinal implant company offering a comprehensive portfolio of bioactive spinal implant devices and related surgical products. The core product lines include HA PEEK interbody fusion cages (AxHA, CxHA, LxHA, PxHA, TxHA) that integrate Hydroxyapatite throughout PEEK-OPTIMA matrix, and Tetracell titanium devices (AxTiHA, TxTiHA) featuring 3D-printed scaffolds with up to 66% porosity. The product portfolio spans cervical solutions (HAtetracell-C, Gibralt, Endeavor, Oryx, CxHA), thoracolumbar systems (Excella III-D, Excella MIS, Excella II, Kestrel), cranial implants, and biologics (Cortical Fibers, SteriGraft, AmnioCore, Physio). The BioBase Data Registry serves as a clinical data platform supporting evidence-based outcomes tracking. The company differentiates through proprietary bioactive technologies including HA PEEK, HAnano Surface, Tetracell, and the recently launched Beta+ PEEK technology combining Hydroxyapatite and β-TCP for enhanced bone fusion.

Differentiator

Problem solved

Functional benefit

Brands

• HA PEEK: High performance material for interbody fusion devices with hydroxyapatite integrated into PEEK-OPTIMA matrix.
• HAnano Surface
• Tetracell
• BioBase Registry
• Beta+ PEEK

Products and services

• AxHA (HA PEEK ALIF) Anterior Lumbar Interbody Fusion (ALIF) device composed of Hydroxyapatite-infused PEEK with titanium faceplate, available in multiple footprints and lordotic options including a 30-degree hyperlordotic option. Used by spine surgeons for ALIF procedures.
• CxHA (HA PEEK Cervical) ACDF cervical interbody fusion device with large graft window, 8-degree anatomical lordosis, and infused HA PEEK body. Used by spine surgeons for anterior cervical discectomy and fusion.
• LxHA (HA PEEK LLIF) Lateral Lumbar Interbody Fusion (LLIF) device composed of 80% PEEK and 20% osteoconductive Hydroxyapatite infused throughout the entire cage. Used by spine surgeons for lateral lumbar interbody fusion procedures.
• PxHA (HA PEEK PLIF) PLIF (Posterior Lumbar Interbody Fusion) device composed of Invibio's PEEK-OPTIMA HA Enhanced for spinal fusion procedures. Used by spine surgeons for posterior lumbar interbody fusion.
• TxHA (HA PEEK TLIF) TLIF (Transforaminal Lumbar Interbody Fusion) device composed of Invibio's PEEK-OPTIMA HA Enhanced with 80% PEEK and 20% osteoconductive Hydroxyapatite infused throughout the cage. Used by spine surgeons for transforaminal lumbar interbody fusion.
• AxTiHA (Tetracell Titanium ALIF) Titanium standalone IBF device for Anterior Lumbar Interbody Fusion (ALIF) featuring Tetracell scaffold structure with up to 66% porosity and integrated HAnano Surface for enhanced fusion properties. Used by spine surgeons for ALIF procedures.
• TxTiHA (Tetracell Titanium TLIF) Titanium IBF device for TLIF procedures featuring Tetracell structure with up to 66% porosity and HAnano Surface integration. Used by spine surgeons for transforaminal lumbar interbody fusion.
• Endeavor Stand-Alone Cervical IBF System with Beta+ PEEK Stand-Alone Cervical Interbody Fusion Device providing stability following discectomy via anterior cervical approach, featuring the new Beta+ PEEK bioactive composite. Used by spine surgeons for anterior cervical discectomy and fusion procedures.
• HAtetracell-C Titanium cervical interbody fusion device with Tetracell scaffold structure. Used by spine surgeons for anterior cervical discectomy and fusion procedures.
• Gibralt Posterior Cervical System Comprehensive posterior stabilization and fusion system for cervical spine featuring top-loading polyaxial screws, hooks, offset connectors and rod-to-rod connectors. Used by spine surgeons for posterior cervical fixation and fusion.
• Oryx Cervical Plate System Cervical plate system offering 1, 2, 3, and 4 level plates in a slim 1.9mm profile with singular driver for bone screws and locking screws. Used by spine surgeons for anterior cervical fixation.
• Excella III-D Thoracolumbar Pedicle Screw System Thoracolumbar pedicle screw system for spinal stabilization and fusion. Used by spine surgeons for thoracolumbar posterior fixation.
• Excella MIS Minimally invasive thoracolumbar pedicle screw system. Used by spine surgeons for minimally invasive thoracolumbar fixation.
• Excella II Thoracolumbar Pedicle Screw System Thoracolumbar pedicle screw system for spinal fixation. Used by spine surgeons for thoracolumbar posterior fixation.
• Kestrel Buttress Plate System Buttress plate system for lumbar applications. Used by spine surgeons for lumbar anterior column support.
• Cranial System (Neuro and Craniofacial Fixation) Neuro and craniofacial fixation system for cranial procedures. Used by neurosurgeons and craniofacial surgeons for cranial fixation.
• Power Driver Disposable pre-sterilized power driver for cranial fixation cases, capable of implanting over 80 screws with forward and reverse functions at 160 rpm and motor torque of 24 Ncm. Used by neurosurgeons for cranial fixation.
• Spinal Biologics Portfolio (Physio, SteriBridge Boat, H100, SteriGraft, AmnioCore, SteriSorb, Cortical Fibers, Cortical Fiber Strips) Biologic allograft and bone graft products for spinal fusion including demineralized cortical fibers, fiber strips, and allograft materials. Used by spine surgeons to support fusion in spinal procedures.
• BioBase Data Registry Multicenter, observational, HIPAA-compliant quality-assessment registry sponsored by Innovasis for tracking patient outcomes and fusion data with real-time web-based access and AI-supported image assessment. Used by participating surgeons and hospitals to support evidence-based practice and by Innovasis for clinical evidence generation.

Quantifiable outcome

• 91.3% fusion rate at 6 months and 92.2% at 12 months postoperatively in ACDF procedures
• +5 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• Promimic ABcoreTechnology or IntegrationHAnano Surface is a registered trademark of Promimic AB, Mölndal, Sweden. Innovasis licenses this proprietary 20 nanometer crystalline hydroxyapatite surface modification technology for use in their titanium interbody cages.
• Hospital for Special Surgery, NYcoreStrategic or Co-development PartnerMulticenter research partner conducting landmark clinical studies on HA-PEEK interbody cages. Research team analyzed efficacy and safety in ACDF procedures for 789 patients, demonstrating 91.3% fusion rate at 6 months.
• Georgetown UniversitycoreStrategic or Co-development PartnerResearch partner in landmark study on spinal fusion published in International Journal of Spine Surgery. Part of multicenter research team analyzing HA-PEEK interbody cage performance.
• InvibiocoreTechnology or IntegrationSupplier of PEEK-OPTIMA HA Enhanced material used in Innovasis HA PEEK products. Innovasis utilizes Invibio's medical-grade PEEK material infused with hydroxyapatite for spinal implant devices.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Globus Medical: Direct competitor in spinal implants including interbody fusion devices and cervical/thoracolumbar systems; very similar product portfolio but at much larger scale following the NuVasive merger.
• SI-BONE: Specialty spine company focused on sacropelvic and minimally invasive surgical solutions — comparable in size and niche specialty focus within the broader spine implant market.
• Orthofix Medical: Spine and biologics medical device company offering interbody fusion devices, cervical plates, and bone graft materials — directly comparable to Innovasis's product breadth.
• Life Spine: Private, mid-market spine specialist offering cervical and lumbar interbody fusion devices, posterior fixation systems, and biologics — direct product overlap and similar commercial scale.
• Centinel Spine: Private spine company specializing in cervical and lumbar disc replacement and interbody fusion devices — overlapping technology categories and similar mid-market positioning.
• Alphatec Spine: Mid-cap spine-focused company with overlapping cervical and thoracolumbar interbody fusion product lines, similar go-to-market through surgeon relationships and distributors.
• Xtant Medical: Spine-focused company with both spinal hardware (interbody cages, pedicle screws) and biologics (demineralized bone matrix) — overlap with Innovasis's hardware plus biologics portfolio.
• Camber Spine: Privately held spine company offering cervical and lumbar interbody fusion technologies, with a similar mid-market commercial model targeting spine surgeons.

Broad incumbents

• Medtronic (Spine & Biologics): Global market leader in spinal implants including cervical and lumbar interbody fusion, biologics, and surgical robotics; dominates the spine category against which Innovasis competes.
• Stryker (Spine division): Large incumbent medical device company with a spine division offering interbody cages, fixation systems, and surgical navigation — broader portfolio at significantly greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Innovasis