What is Bioworks?
Established in 1984, Bioworks has carved a niche in the healthcare sector by specializing in custom foot orthotics and orthopedic bracing solutions. The company serves a diverse clientele, including pediatric patients, and focuses on delivering quality rehabilitation and pain management products. With a presence across two locations in the Greater Cincinnati area, Bioworks offers an extensive portfolio, ranging from custom arch supports and cranial remolding helmets to knee CPM machines. Their operational model emphasizes close collaboration with healthcare providers to ensure patient needs are met, while also maintaining in-network status with most health insurance providers, facilitating accessibility to their specialized orthopedic care.
How much funding has Bioworks raised?
Bioworks has raised a total of $170K across 1 funding round:
Debt
$170K
Debt (2021): $170K with participation from PPP
Key Investors in Bioworks
PPP
Public-Private Partnership
What's next for Bioworks?
The substantial capital infusion, particularly the recent strategic investment, positions Bioworks for accelerated expansion and innovation in the orthopedic solutions market. As a company with a long-standing history since 1984, this late-stage funding likely supports scaling operational capacity, enhancing product development for advanced orthotics and bracing, and potentially broadening its geographic reach. The focus on custom solutions and patient-centric care suggests future investments may target technological advancements in manufacturing and patient assessment, further solidifying Bioworks' role as a key player in medical device innovation and rehabilitation services.
See full Bioworks company page
