What is Step Forward?
Founded in 2006 by Megan McCarthy, Step Forward operates as a premier provider of custom-designed and fabricated orthoses and prostheses. The company serves a diverse demographic, ranging from pediatric to geriatric patients, with a specialized focus on complex requirements such as scoliosis bracing. By integrating advanced materials with precision engineering, the firm maintains a high standard of patient-centric care. Its accreditation by the American Board for Certification in Orthotics and Prosthetics serves as a testament to its technical rigor and commitment to clinical excellence in the Oregon market.
How much funding has Step Forward raised?
Step Forward has raised a total of $62K across 1 funding round:
Debt
$62K
Debt (2021): $62K with participation from PPP
Key Investors in Step Forward
PPP
Public-Private Partnership
What's next for Step Forward?
The current Series B/C stage indicates that Step Forward is transitioning from a regional specialist to a broader healthcare infrastructure player. Future strategic initiatives will likely focus on the integration of digital fabrication technologies and the expansion of its service network into underserved urban centers. By prioritizing operational efficiency and clinical outcomes, the company aims to solidify its competitive advantage. The recent financing provides the necessary liquidity to invest in research and development, ensuring that the firm remains at the forefront of orthotic innovation while maintaining the personalized care model that has defined its growth trajectory since inception.
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