How Much Did OrthoKnox Raise?
Funding & Key Investors

OrthoKnox, a prominent orthopedic surgery center based in Knoxville, Tennessee, has successfully secured significant capital to bolster its operational capacity. The organization has reached a total valuation milestone represented by $383K, with the most recent infusion of $233K marking a major strategic investment in its long-term infrastructure. This late-stage financing underscores the facility's robust market position and its commitment to expanding high-quality musculoskeletal care within the region.

The capital injection, finalized in early 2021, reflects a calculated approach to debt-based growth, allowing the center to maintain its focus on patient-centric outcomes while scaling its specialized surgical and rehabilitative services. By leveraging this financial backing, OrthoKnox continues to solidify its reputation as a premier destination for orthopedic excellence.

What is OrthoKnox?

OrthoKnox
Hospitals & Physicians ClinicsPhysicians ClinicsMedical Practice Management

OrthoKnox operates as a comprehensive orthopedic surgery center, providing a full spectrum of care for conditions affecting the shoulder, knee, hip, and other joints. Founded by Dr. David Hovis, the facility distinguishes itself through a patient-first philosophy that integrates both surgical interventions and non-surgical rehabilitation strategies. The center serves a diverse demographic, ranging from professional athletes and active adults to seniors seeking to restore mobility and improve their quality of life.

Beyond surgical procedures, the facility emphasizes physical medicine and rehabilitation, ensuring a holistic recovery process. This multidisciplinary approach positions OrthoKnox as a critical healthcare hub in Knoxville, effectively bridging the gap between acute surgical care and long-term functional recovery. Their ability to cater to both high-performance athletes and the general population highlights the versatility and clinical depth of their medical team.

How much funding has OrthoKnox raised?

OrthoKnox has raised a total of $383K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$233K

Debt (2020): $150K with participation from PPP

Debt (2021): $233K led by PPP

Key Investors in OrthoKnox

PPP

Public-Private Partnership

What's next for OrthoKnox?

With the recent strategic investment, OrthoKnox is well-positioned to enhance its technological capabilities and expand its service offerings. The focus moving forward will likely involve optimizing patient throughput and integrating advanced rehabilitation modalities to meet the growing demand for orthopedic services in the Tennessee market. As the facility continues to scale, the management team is expected to prioritize operational efficiency and the recruitment of specialized clinical talent to maintain its high standards of care. This financial stability provides the necessary runway to explore new surgical techniques and potentially broaden the facility's footprint, ensuring that OrthoKnox remains at the forefront of orthopedic innovation and patient recovery.

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Frequently Asked Questions Regarding OrthoKnox Financial Insights

What are the most recent funding rounds that OrthoKnox has completed, and what were the funding rounds?
OrthoKnox has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on Apr 15, 2020.
What is the total amount of funding OrthoKnox has raised to date?
OrthoKnox has raised a total of $383K in funding to date.
How many funding rounds has OrthoKnox completed?
OrthoKnox has completed 2 funding rounds.
How much funding did OrthoKnox raise in its most recent funding round?
OrthoKnox raised $233K in its most recent funding round.
Who are the lead investors in OrthoKnox's latest funding round?
The lead investor in OrthoKnox'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 OrthoKnox's history?
The largest funding round in OrthoKnox's history was $233K.
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