Companies · Other Health Care

Conventus Orthopaedics Inc

Maple Grove · Other Health Care

Diligence memoA one-page analyst read on Conventus Orthopaedics Inc — recommendation, valuation, rhythm, risks.
$144.2M
Total raised · real
9
Rounds
1.6×
Latest step-up
Top 3%
Sector rank · raised
Series C
Latest stage · inferred · Tue May 05 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Conventus Orthopaedics Inc looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the health care sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.80× the median modeled value of Series C Other Health Care companies in 2019–2021 (46 peers) — value vs value, same stage and era.
  • Within the normal band (80% of peer median) for its niche.
Dormant
  • Last raise 6.2 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Health Care

Conventus Orthopaedics Inc is one of 5377 Other Health Care companies tracked from Maple Grove. By capital raised it ranks among the largest (ahead of 98% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
33
Investors (latest)
2020-05-05
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BSeries A · 2009-06-11 Raised $7.5M (real) Modeled valuation $151M (est)Series A2009Series A · 2012-08-17 Raised $5.4M (real) Modeled valuation $109M (est)Series A2012Series A · 2012-08-17 Raised $4.5M (real) Modeled valuation $91M (est)Series A2012Series A · 2012-12-19 Raised $200K (real) Modeled valuation $4.0M (est)Series A2012Series B · 2013-09-30 Raised $18M (real) Modeled valuation $397M (est)Series B2013Series A · 2013-09-30 Raised $12M (real) Modeled valuation $232M (est)Series A2013Series B · 2015-10-20 Raised $21M (real) Modeled valuation $465M (est)Series B2015Series B · 2015-10-20 Raised $23M (real) Modeled valuation $519M (est)Series B2015Series A · 2017-04-28 Raised $12M (real) Modeled valuation $242M (est)Series A2017Series B · 2017-04-28 Raised $20M (real) Modeled valuation $443M (est)Series B2017Series B · 2018-12-31 Raised $5.0M (real) Modeled valuation $111M (est)Series B2018Series B · 2020-04-29 Raised $24M (real) Modeled valuation $542M (est)Series B2020Series C · 2020-05-05 Raised $40M (real) Modeled valuation $921M (est)Series C2020Cumulative $193M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$7.5M · 2009
Series A extension$5.4M · 2012
Series A extension$4.5M · 2012
Series A extension$200K · 2012
Series B$17.9M · 2013
Bridge · Series B-stage$11.5M · 2013smaller follow-on
Series B extension$21.0M · 2015
Series B extension$23.4M · 2015
Bridge · Series B-stage$12.0M · 2017smaller follow-on
Series B extension$20.0M · 2017
Series B extension$5.0M · 2018
Series B extension$24.5M · 2020
Series C$40.3M · 2020

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$921.2M
Base estimate est.
$146.5M
Conservative case
$2.4B
Upside case
$268.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Series A · modeled $151.0M · 2009-06-112009Series A · modeled $109.0M · 2012-08-17Series A · modeled $90.8M · 2012-08-17Series A · modeled $4.0M · 2012-12-19Series B · modeled $396.9M · 2013-09-30Series A · modeled $232.1M · 2013-09-30Series B · modeled $465.2M · 2015-10-20Series B · modeled $519.0M · 2015-10-20Series A · modeled $242.2M · 2017-04-28Series B · modeled $443.1M · 2017-04-28Series B · modeled $110.8M · 2018-12-31Series B · modeled $541.9M · 2020-04-29Series C · modeled $921.2M · 2020-05-052020
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
73%
Survival probability
55% low · 85% high
1.29×/yr
Annual markup
1.48×/yr upside case
6.0 yr
Elapsed time used
6.2 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$13.2M/yr
Capital velocity
17.1 yr
On record since
2009
First round
13
Rounds on file
How it compares to the market

Benchmarked against 5377 companies in Other Health Care. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 59× above median
This company$144.2M
Sector median$2.4M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.9× of median
This company$40.3M
Sector median$45.9M
Modeled value — vs sector median (estimate, all stages) 42× above median
This company$921.2M
Sector median$22.1M

Raised more than 98% of sector peers (real $). Modeled value above 96% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #34 of 46.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Avail Medsystems, Inc. · Series C Raised $126.7M · modeled $2.2B (est)Whoop, Inc. · Series C Raised $180.4M · modeled $2.1B (est)HRGi Holdings, Inc. · Series C Raised $91.2M · modeled $2.1B (est)Ambulnz, Inc. · Series C Raised $90.0M · modeled $2.1B (est)MedAvail, Inc. · Series C Raised $97.0M · modeled $2.0B (est)SOC Telemed, Inc. · Series C Raised $103.0M · modeled $1.9B (est)Eargo, Inc. · Series C Raised $187.4M · modeled $1.9B (est)Truth Holdings, L.P. · Series C Raised $88.8M · modeled $1.6B (est)NeuroPace Inc · Series C Raised $208.6M · modeled $1.5B (est)DermTech, Inc. · Series C Raised $98.9M · modeled $1.5B (est)Mydna, Inc · Series C Raised $72.1M · modeled $1.4B (est)Ancora Heart, Inc. · Series C Raised $151.3M · modeled $1.4B (est)Conventus Orthopaedics Inc (this company) Raised $144.2M · modeled $921.2M (est)Conventus Orthopaedics Inc
CompanyStageRaised · realValue · estvs peer med.
Avail Medsystems, Inc.Series C$126.7M$2.2B1.87×
Whoop, Inc.Series C$180.4M$2.1B1.81×
HRGi Holdings, Inc.Series C$91.2M$2.1B1.81×
Ambulnz, Inc.Series C$90.0M$2.1B1.79×
MedAvail, Inc.Series C$97.0M$2.0B1.75×
SOC Telemed, Inc.Series C$103.0M$1.9B1.65×
Eargo, Inc.Series C$187.4M$1.9B1.61×
Truth Holdings, L.P.Series C$88.8M$1.6B1.43×
NeuroPace IncSeries C$208.6M$1.5B1.33×
DermTech, Inc.Series C$98.9M$1.5B1.29×
Mydna, IncSeries C$72.1M$1.4B1.26×
Ancora Heart, Inc.Series C$151.3M$1.4B1.24×
Conventus Orthopaedics Inc this companySeries C$144.2M$921.2M0.80×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$7.5M2009-06-11$34.0M$151.0M85%
Series A$5.4M2012-08-17$24.5M$109.0M85%
Series A$4.5M2012-08-17$20.5M$90.8M85%
Series A$200K2012-12-19$909K$4.0M85%
Series B$17.9M2013-09-30$99.5M$396.9M85%
Series A$11.5M2013-09-30$52.3M$232.1M85%
Series B$21.0M2015-10-20$116.7M$465.2M85%
Series B$23.4M2015-10-20$130.2M$519.0M85%
Series A$12.0M2017-04-28$54.5M$242.2M90%
Series B$20.0M2017-04-28$111.1M$443.1M90%
Series B$5.0M2018-12-31$27.8M$110.8M90%
Series B$24.5M2020-04-29$135.9M$541.9M90%
Series C$40.3M2020-05-05$268.6M$921.2M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$7.5M2009-06-11
    • First recorded raise — entered as Series A.
    • 2 investors on this round.
  2. Series A$5.4M2012-08-17
    • Raised again after 38 mo — slower than the ~14 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • Revenue band moved No revenue → $0–$1M.
    • 2 investors on this round.
  3. Series A$4.5M2012-08-17
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 2 investors on this round.
  4. Series A$200K2012-12-19
    • Came back fast: 4 mo vs the ~14 mo sector norm.
    • Round 22.5× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  5. Series B$17.9M2013-09-30
    • Raised 9 mo later, in step with the ~14 mo sector norm.
    • Round 89.6× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 15 investors on this round.
  6. Series A$11.5M2013-09-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 12 investors on this round.
  7. Series B$21.0M2015-10-20
    • Raised again after 25 mo — slower than the ~14 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 7 investors on this round.
  8. Series B$23.4M2015-10-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 9 investors on this round.
  9. Series A$12.0M2017-04-28
    • Raised 18 mo later, in step with the ~14 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 6 investors on this round.
  10. Series B$20.0M2017-04-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× larger than the prior — scaling up.
    • 6 investors on this round.
  11. Series B$5.0M2018-12-31
    • Raised 20 mo later, in step with the ~14 mo sector norm.
    • Round 4.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  12. Series B$24.5M2020-04-29
    • Raised 16 mo later, in step with the ~14 mo sector norm.
    • Round 4.9× larger than the prior — scaling up.
    • 1 investor on this round.
  13. Series C$40.3M2020-05-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× larger than the prior — scaling up.
    • 33 investors on this round.
Intelligence
2021 ~Q2
Modeled next raise · ~11mo cadence
$66.4M
Modeled next size est.range $43.1M$106.2M
1.6×
Last step-up
$13.2M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Paul Buckman9 other2009-06
Steven Hochberg8 other2020-04
Andrew ElBardissi6 other2018-12
J. Daniel Cole6 other2009-06
Robert A Kukuljan5 other2009-06
CHARLES CHON4 other2018-12
David Blue4 other2013-09
D. Keith Grossman4 other2009-06
Joseph Biller2 other2017-04
Leota Pearson2 other2013-09
Michael Brenzel2 other2012-08
Paul Hindrichs2 other2009-06
Richard Mott2 other2018-12
George Jenkins1 other2020-04
John Feriancek1 other2015-10
Michael P Brenzel1 other2009-06
Richard Epstein1 other2020-04
Scott Flora1 other2018-12
Shaden Marzouk1 other2018-12
Andrew Daniel ElBardissi2017-04
Avi Daniel Kometz, M.D.2015-10
Charles Daniel Chon2015-10
Jonathan Isenburg2020-04
Joseph Daniel Biller2013-09
Registry & provenance

Conventus Orthopaedics Inc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1456304
SEC CIK
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Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Miach Orthopaedics Inc.Other Health CareSeries C$44.0M88%
Avitus Orthopaedics, Inc.Other Health CareSeries A$66.7M88%
Axia Orthopedics, Inc.Other Health CarePre-Seed$2.9M87%
Ceramic Orthopedics Inc.Other Health CareSeed$3.1M87%
Ortho Kinematics, Inc.Other Health CareSeries B$9.1M86%
Consensus Orthopedics IncOther Health CareSeries A$41.9M86%
Vertical Orthopaedics, Inc.Other Health CareSeries A$44.0M86%
Waypoint Orthopedics, Inc.Other Health CareSeed$640K85%
Frequently asked
How much funding has Conventus Orthopaedics Inc raised?
Conventus Orthopaedics Inc has raised approximately $144.2M in disclosed capital across 9 recorded financing rounds, aggregated from public filings.
What is Conventus Orthopaedics Inc's estimated valuation?
Provath's modeled valuation for Conventus Orthopaedics Inc is approximately $921.2M (modeled range $146.5M–$2.4B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Conventus Orthopaedics Inc at?
Conventus Orthopaedics Inc's latest modeled financing stage is Series C. Its most recent recorded round closed around Tue May 05.
What does Conventus Orthopaedics Inc do and where is it based?
Conventus Orthopaedics Inc operates in the Other Health Care sector, based in Maple Grove.
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