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Spineology

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A St Paul, Minn-based developer of minimally-invasive spinal surgery devices

North St. Paul, United StatesFounded 1996Biotech & Life Sciences
Valuation $100–250M Last recorded · 2024
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About Spineology

Spineology Inc. is a medical device company specializing in anatomy-conserving spinal implants and systems. The firm operates in the spinal surgery market, providing tools for surgeons that enable less invasive procedures. The company generates revenue through the sale of its portfolio of spinal products to healthcare institutions.

The company was founded in 1997 by Dr. Stephen Kuslich, a spinal surgeon and serial entrepreneur who had previously co-developed the BAK cage. Dr. Kuslich sought to create a solution for delivering larger spinal implants through smaller incisions, aiming to reduce the invasiveness of spinal fusion surgery. This led to the development of Spineology's core technology. Key milestones include receiving FDA clearance for Stable Vertebral Body Defects in 2003, the first clinical cases using OptiMesh in 2004, and a pivotal De Novo Grant from the FDA for interbody fusion in 2020. In late 2023, longtime CEO John Booth retired, with Brian Snider, a veteran from Alphatec Spine and NuVasive, taking over as the new CEO. In August 2024, the company secured $25 million in a Series AA financing round to accelerate growth.

Spineology's principal product is the OptiMesh® Expandable Interbody Fusion System, based on its proprietary Conform and Expand™ technology. This system is designed for lumbar fusion surgery to treat conditions like degenerative disc disease. The implant is delivered through a small portal, as narrow as one centimeter, and is then filled and expanded within the disc space. This design allows it to dynamically conform to a patient's specific endplate anatomy, creating a large footprint for stability and load-sharing. A significant feature is that the implant is comprised almost entirely of biologics, which promotes a robust environment for bone growth and fusion. Clinical data has shown benefits such as high fusion rates, significant pain relief, shorter hospital stays, and faster recovery for patients.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1996
Headquarters
North St. Paul, United States
Employees
98
Open positions
None listed
Dealroom signal
44.4/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices
Sector
Biotech & Life Sciences, Biotechnology, Surgery, Non-Invasive medical devices and treatments, Biotech and Pharma, Hard Tech, DT and LS, science-based
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Dec 2025 $0 — Undisclosed ↗
SERIES A✓Equity / VC Aug 2024 $25M $100M RC Capital · 1315 Capital · SV Health Investors ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

Spineology website traffic

Latest recorded traffic for Spineology is 1.7K monthly website visits, down 48.5% over the last three months. Spineology's team grew 2.1% over the past year.

Latest monthly visits1.7K 3-month web change-48.5% 1-year team growth+2.1%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • Affinity Capital Management
  • SV Health Investors
  • RC Capital
  • 1315 Capital

Series B and later1 investor entered at this stage

  • Hermed Capital

Other known investors1 additional known investor

  • Horizon Technology Finance Corporation
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Spineology on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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