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Intellijoint Surgical
Intellijoint makes navigation systems for joint replacement surgery
About Intellijoint Surgical
Intellijoint Surgical, Inc. operates within the medical technology sector, specializing in the development and commercialization of smart navigation solutions for joint replacement surgeries. The company was co-founded in 2010 by Armen Bakirtzian and Andre Hladio, who conceived the idea during their final year of mechatronics engineering studies at the University of Waterloo. Their collaboration with Dr. Allan Keast, a local orthopedic surgeon, was pivotal in identifying a clinical need for more precise and less invasive surgical guidance tools. This partnership between engineering and medicine shaped the company's foundational approach.
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The firm's business model centers on selling its proprietary medical devices and software to hospitals and surgical centers. Its target clients are orthopedic surgeons and their care teams who perform total hip and knee arthroplasties. Intellijoint Surgical generates revenue through the sale of its product suite, which is designed to enhance surgical accuracy and patient outcomes. The company operates in the competitive orthopedic device market, differentiating itself with accessible and cost-effective navigation technology.
The core product offering includes Intellijoint HIP, a system that provides surgeons with real-time, intraoperative measurements for cup position, leg length, and offset, aiding in the precise execution of total hip replacements. This system is complemented by Intellijoint VIEW, a cloud-based 2D pre-operative planning software, and Intellijoint KNEE, which provides guidance for implant alignment in knee replacement procedures. A key feature of their technology is its miniature camera and tracker system, which offers precise measurements without the need for larger, more complex, and often more expensive traditional navigation systems. The company has achieved significant milestones, including receiving FDA clearance and Health Canada licenses for its products and securing multiple rounds of funding to support commercialization and further development.
At a glance
- Founded
- 2010
- Headquarters
- Waterloo, Canada
- Sector
- Health Tech & Medtech
Latest news
Press, funding announcements and product moves mentioning Intellijoint Surgical.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Government of Ontario
Series A4 investors entered at this stage
Natacor
FedDev Ontario
Golden Triangle Angelnet
MaRS Investment Accelerator Fund
Series B and later1 investor entered at this stage
NorthSpring Capital Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
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