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) 294-1026

Revenue

$31.6 Million

Stock Symbol

SI

Industry

Manufacturing Medical Devices & Equipment
ZI Rank: 1
Signal Type
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ZI Rank
3
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About Shoulder Innovations

Founded in 2009 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's Social MediaPopular SearchesShoulder Innovations LLCShoulder InnovationsShoulder Innovations IncShoulder Innovations of Texas LLCShoulderinnovationsSIC Code 38,384NAICS Code 33,339Ticker NYSE: SIShow more

Shoulder Innovations Org Chart

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MA
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Chief Operating Officer

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Jeffrey Points, Chief Financial Officer at Shoulder Innovations
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Chief Financial Officer

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Vice President, Distributor Operations

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Shoulder Innovations

$31.6M
51-200
Public
$191.7M
2009
MA
Matthew AhearnChief Operating Officer
$22.8M
51-200
Private
$40.2M
2014
RK
Robert KaufmanChairman & CEO
$17.5M
51-200
Private
$37.2M
2008
ET
Eric TimkoChairman & CEO
<$5M
11-50
Private
-
2014
N/A
<$5M
51-200
Private
-
1976
DV
Dana VogelIT Chief Information Officer & Director
<$5M
1-10
Private
<$5M
2014
MC
Medcraze CrazeGroin Hernia Surgery
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Company Profile Activity

i

Among all Manufacturing companies

Low Activity

High 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

See All Shoulder Innovations's Financials Insights

Shoulder Innovations Tech Stack

A closer look at the technologies used by Shoulder Innovations

Most Recent Scoops

Hiring Plans
Shoulder Innovations has more open roles in Operations than it has had at any time in the past 12 months. Technologies mentioned include: NetSuite.
Hiring Plans
Earnings
reported Q4 2025 revenue of $14.4 million, reflecting an increase of 65% year-over-year and 23% sequentially. For the full year, revenue totaled $47.3 million, reflecting an increase of 50% over 2024.
Earnings, Finance
Project
designed its robotic solution to make every operating room a robotic operating room by eliminating the conversation around capital equipment and presenting it as a robotics as a service solution. The company accomplished this objective by presenting the robot as a portable device that is easy to set up and take down and move from operating room to operating room.
Healthcare Technology, Robotics
Project
characterized in mid-2025 that the products commercially launched represented about 85% of arthroplasty volume, with new products on the way to reach 100%. The three new products identified were the fracture product I-135, the hypersensitivity heads N-22, and the revision stem I-135, with both the I-135 and N-22 heads now in limited commercial release phase.
Product Development
Product Launch
Product Development, Healthcare Technology
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Shoulder Innovations News & Media

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Frequently Asked Questions Regarding Shoulder Innovations

What is Shoulder Innovations's stock symbol?
Shoulder Innovations's stock symbol is SI
What is Shoulder Innovations's official website?
Shoulder Innovations's official website is www.shoulderinnovations.com
What is Shoulder Innovations's Revenue?
Shoulder Innovations's revenue is $31.6 Million
What is Shoulder Innovations's SIC code?
Shoulder Innovations's SIC: 38,384
What is Shoulder Innovations's NAICS code?
Shoulder Innovations's NAICS: 33,339
How many employees does Shoulder Innovations have?
Shoulder Innovations has 51-200 employees
What industry does Shoulder Innovations belong to?
Shoulder Innovations is in the industry of: Manufacturing, Medical Devices & Equipment
What is Shoulder Innovations competition?
Shoulder Innovations top competitors include: Catalyst OrthoScience, OrthAlign, SurgTech, MEDcraze
What technology does Shoulder Innovations use?
Some of the popular technologies that Shoulder Innovations uses are: WooCommerce, WordPress.org, reCAPTCHA, PHP
Who is the CFO of Shoulder Innovations?
Shoulder Innovations's CFO is Jeffrey Points
How do I contact Shoulder Innovations?
Shoulder Innovations contact info: Phone number: (616) 294-1026 Website: www.shoulderinnovations.com
What does Shoulder Innovations do?

Founded in 2009 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, S... houlder 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.Read More

What are Shoulder Innovations social media links?
Shoulder Innovations Linkedin page Shoulder Innovations Facebook page
Who invested in Shoulder Innovations?
Shoulder Innovations has 20 investors including Invest Michigan, Start Garden, Michigan Angel Fund and Western Michigan University.
Is Shoulder Innovations a public company?
Yes, Shoulder Innovations is a public company and is traded under the symbol SI
See more information about Shoulder Innovations

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