What is Step Forward?
Founded in 2006 by Megan McCarthy, Step Forward, LLC is a distinguished provider of custom-designed and fabricated orthoses and prostheses. Serving key regions in Oregon, including Portland, Salem, Corvallis, Albany, and Eugene, the company specializes in crafting tailored orthotic and prosthetic devices, with a particular focus on scoliosis braces for pediatric and geriatric patients. A Step Forward's commitment to superior patient care is evident in its utilization of advanced materials and cutting-edge technology to ensure optimal comfort and device functionality. The company's accreditation by the American Board for Certification in Orthotics and Prosthetics further validates its dedication to the highest standards of excellence within the field.
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?
With the recent substantial expansion capital, Step Forward is poised for significant growth. The company's strategic focus will likely involve scaling its operations to meet increasing demand, potentially expanding its service areas or enhancing its technological capabilities. This Series B/C stage funding suggests a transition from development to aggressive market penetration and operational optimization. Future initiatives may include further innovation in custom device fabrication, strengthening its market leadership in Oregon, and exploring new patient demographics or specialized orthotic/prosthetic solutions.
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