Shoulder Innovations
Manufacturing · Michigan, United States · 51-200 Employees
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Overview
Headquarters
1535 Steele Ave SW Ste B, Grand Rapids, ...Phone Number
(616) 294-1026Website
www.shoulderinnovations.comRevenue
$60.1 MillionStock Symbol
SIIndustry
ZI Rank: 1
Signal Type
Mar
Apr
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Aug
ZI Rank
1
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About Shoulder Innovations
Founded and headquartered in Grand Rapids, Michigan, Shoulder Innovations, LLC is a medical device development company that designs and commercializes innovative products which demonstrate the potential for improved patient care and reduced overall cost to the healthcare system. Leveraging its breakthrough, patented, InSet Glenoid design, Shoulder Innovations is commercializing a shoulder replacement implant system focused on improving outcomes related to the greatest cause of shoulder replacement failure: glenoid loosening. The InSet technology has been shown in testing to significantly reduce glenoid implant micro-motion and simplifies surgical technique, potentially reducing complications or increasing implant longevity.Explore more
Shoulder Innovations Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
Company Profile Activity
Activity Insights
Shoulder Innovations is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Shoulder Innovations is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Shoulder Innovations.
Shoulder Innovations financials insights
Gather financial insights about Shoulder Innovations, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2017
Private Equity
$1.5M
Series A
$1.6M
2020
Unspecified
$21.6M
2023
Series D
$42M
Debt
$45M
2025
Series E
$40M
Debt
$40M
2026
Debt
$50M
Shoulder Innovations Tech Stack
A closer look at the technologies used by Shoulder Innovations
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Most Recent Scoops
Earnings
Shoulder Innovations has reported cash burn of $15 million in Q1 and $9 million in Q2 of the current fiscal year, reflecting a sequential reduction in cash deployment each quarter since going public, as the company works toward achieving free cash flow positivity.
Business Finance, Finance, Financial Operations
Earnings
Shoulder Innovations has reported total implant volume of 2,238 units across its core contender and prospect customers for Q2 2026, representing an approximately 50% increase year-over-year, with the majority of growth driven by core surgeons performing more procedures.
Forecasting
Project
anticipates launching a robotic training program in early Q1 of next year, enlisting current surgeons in a train-the-trainer approach to drive scalable knowledge sharing and surgeon engagement ahead of its robotic platform rollout.
Training
Project
Shoulder Innovations is developing a technological revamp of its ProVoyance enabling technology platform, aimed at delivering a substantial software advancement in available information and functionality to better align with individual surgeon needs, with the goal of expanding competitive advantage and improving care while reducing costs and capital requirements.
Product Development, Software, Healthcare Technology
Promotion
Executive Move
Executive Moves, Promotion
Shoulder Innovations News & Media
Shoulder Innovations Announces Exclusive Partnership with ALM Ortho to Introduce Bespoke Solution for Complex Shoulder Reconstruction Procedures
GRAND RAPIDS, Mich., Sept. 9, 2026 /PRNewswire/ -- Shoulder Innovations, Inc. ("Shoulder Innovations", or "the company") (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced it has entered into an...Shoulder Innovations Announces Settlement of Patent Litigation with Catalyst OrthoScience
GRAND RAPIDS, Mich., Sept. 8, 2026 /PRNewswire/ -- Shoulder Innovations, Inc. ("Shoulder Innovations") (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced that it has entered into a settlement...Shoulder Innovations to Participate in the Morgan Stanley 24th Annual Healthcare Conference
GRAND RAPIDS, Mich., Sept. 1, 2026 /PRNewswire/ -- Shoulder Innovations, Inc. (Shoulder Innovations, or the company) (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced that members of management...Shoulder Innovations Promotes Jon Osborne to Chief Commercial Officer
GRAND RAPIDS, Mich., Aug. 10, 2026 /PRNewswire/ -- Shoulder Innovations, Inc. (Shoulder Innovations, or the company) (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced the promotion of Jon...
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Frequently Asked Questions Regarding Shoulder Innovations
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Founded and headquartered in Grand Rapids, Michigan, Shoulder Innovations, LLC is a medical device development company that designs and commercializes innovative products which demonstrate the potential for improved patient care and reduced overall cost to the healthcare system. Leveraging its breakthrough, patented, InSet Glenoid design, Shoulder... Read More
