How Much Did Progressive Orthotics Raise?
Funding & Key Investors

Progressive Orthotics has secured $73K in total financing, with a recent capital infusion of $73K designated for substantial expansion. This latest round of investment underscores the company's strategic growth phase, positioning it for significant advancements in its market.

What is Progressive Orthotics?

Progressive Orthotics
Hospitals & Physicians ClinicsMedical Practice ManagementHealthcare Services

Progressive Orthotics, operating as Goodman's Progressive Orthotics of Selden, is an independent facility based in Suffolk County, Long Island. The company specializes in the custom fabrication and fitting of prosthetic and orthotic solutions. With a strong commitment to patient care, Progressive Orthotics offers on-site prosthetic fabrication and provides free home visits for amputees, ensuring accessibility and personalized service. Led by Bruce Goodman, the facility focuses on addressing the unique needs of each patient requiring orthopedic appliances, with meticulous follow-up care as a cornerstone of their service.

How much funding has Progressive Orthotics raised?

Progressive Orthotics has raised a total of $73K across 1 funding round:

2021

Debt

$73K

Debt (2021): $73K with participation from PPP

Key Investors in Progressive Orthotics

PPP

Public-Private Partnership

What's next for Progressive Orthotics?

The substantial expansion capital secured by Progressive Orthotics signals a strategic pivot towards scaling operations and potentially enhancing its service offerings or geographic reach. As a company in a significant Series B/C stage, this financing is likely to fuel advancements in custom prosthetic and orthotic technology, improve patient accessibility through expanded home visit programs, or bolster its fabrication capabilities. The focus on personalized patient care and on-site fabrication suggests a strategy aimed at deepening its market penetration and reinforcing its reputation for quality and individualized solutions in the orthopedic sector.

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Frequently Asked Questions Regarding Progressive Orthotics Financial Insights

What are the most recent funding rounds that Progressive Orthotics has completed, and what were the funding rounds?
Progressive Orthotics has recently completed 1 funding rounds: Debt on Jan 22, 2021.
What is the total amount of funding Progressive Orthotics has raised to date?
Progressive Orthotics has raised a total of $73K in funding to date.
How many funding rounds has Progressive Orthotics completed?
Progressive Orthotics has completed 1 funding rounds.
How much funding did Progressive Orthotics raise in its most recent funding round?
Progressive Orthotics raised $73K in its most recent funding round.
Who are the lead investors in Progressive Orthotics's latest funding round?
The lead investor in Progressive Orthotics'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 Progressive Orthotics's history?
The largest funding round in Progressive Orthotics's history was $73K.
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