How Much Did Crossroads Orthotics & Consultation Raise?
Funding & Key Investors

Crossroads Orthotics & Consultation has secured significant capital, with its total funding reaching $164K. The company recently announced a major strategic investment of $164K, underscoring its established position in the market and its trajectory towards further expansion. This latest financing round signifies a critical juncture for the orthotics provider, likely enabling accelerated growth and enhanced service offerings.

What is Crossroads Orthotics & Consultation?

Crossroads Orthotics & Consultation
RetailVitamins, Supplements & Health StoresHealthcare Services

Crossroads Orthotics & Consultation operates within the specialized field of orthotic solutions, providing both custom-fabricated and off-the-shelf devices. The company distinguishes itself through a strong emphasis on optimizing client compliance by fostering personal engagement with patients and healthcare professionals. As a vendor-neutral supplier, Crossroads maintains in-network status with a diverse array of insurance carriers, a crucial factor for accessibility and adoption. Furthermore, its consistent success in securing contracts with the Centers for Medicare and Medicaid Services (CMS) highlights its reliability and the essential nature of its services within the healthcare ecosystem. The company's core mission revolves around delivering high-quality orthotic products and exceptional service, supported by a team of trained orthotic specialists dedicated to ensuring proper fit, usage, and addressing compliance challenges.

How much funding has Crossroads Orthotics & Consultation raised?

Crossroads Orthotics & Consultation has raised a total of $164K across 1 funding round:

2021

Debt

$164K

Debt (2021): $164K with participation from PPP

What's next for Crossroads Orthotics & Consultation?

The substantial capital infusion, particularly the recent strategic investment, positions Crossroads Orthotics & Consultation for a significant scaling phase. This late-stage funding is expected to fuel advancements in product development, potentially expanding their range of custom and off-the-shelf solutions. Strategic initiatives may also focus on enhancing their vendor-neutral network and deepening relationships with insurance providers and CMS, further solidifying their market share. Investment in technology for client engagement and compliance tracking could also be a priority, aiming to streamline operations and improve patient outcomes. The company's focus on compliance and service quality, combined with this financial backing, suggests a strategic push to become a dominant player in the orthotics sector.

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Frequently Asked Questions Regarding Crossroads Orthotics & Consultation Financial Insights

What are the most recent funding rounds that Crossroads Orthotics & Consultation has completed, and what were the funding rounds?
Crossroads Orthotics & Consultation has recently completed 1 funding rounds: Debt on Jan 25, 2021.
What is the total amount of funding Crossroads Orthotics & Consultation has raised to date?
Crossroads Orthotics & Consultation has raised a total of $164K in funding to date.
How many funding rounds has Crossroads Orthotics & Consultation completed?
Crossroads Orthotics & Consultation has completed 1 funding rounds.
How much funding did Crossroads Orthotics & Consultation raise in its most recent funding round?
Crossroads Orthotics & Consultation raised $164K in its most recent funding round.
Who are the lead investors in Crossroads Orthotics & Consultation's latest funding round?
The lead investor in Crossroads Orthotics & Consultation's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Crossroads Orthotics & Consultation's history?
The largest funding round in Crossroads Orthotics & Consultation's history was $164K.
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