How Much Did Wrymark Raise?
Funding & Key Investors

Wrymark Inc., a St. Louis-based manufacturer specializing in premium custom orthotics and prosthetics, has secured $345K in total capital. The company recently announced a major strategic investment of $195K, underscoring its significant growth trajectory in the medical device sector. This latest financing round follows previous debt financing rounds, indicating a shift towards strategic capital infusion for expansion.

What is Wrymark?

Wrymark
ManufacturingMedical Devices & Equipment

Wrymark Inc. operates as a key player in the orthotics and prosthetics market, offering a range of specialized products including 1st Step Orthotics, Resource Labs, DynaFlex, and Foot Tech. These products are exclusively distributed to medical professionals, highlighting a B2B focus. The company distinguishes itself through a proprietary custom molding and finishing process for its orthotic solutions. For direct patient engagement, Wrymark operates a sister retail site, Premium Orthotics, providing a comprehensive approach to the custom medical device supply chain.

How much funding has Wrymark raised?

Wrymark has raised a total of $345K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$195K

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

Debt (2021): $195K led by PPP

Key Investors in Wrymark

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Wrymark?

The substantial large-scale late-stage funding Wrymark has attracted signals a strong investor confidence in its market position and future potential. This capital infusion is likely to fuel strategic initiatives such as expanding manufacturing capabilities, enhancing research and development for innovative prosthetic and orthotic technologies, and broadening its distribution network. The company's focus on custom solutions and its dual B2B and direct-to-consumer (via sister site) strategy positions it for continued scaling and market penetration in the specialized medical device industry.

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Frequently Asked Questions Regarding Wrymark Financial Insights

What are the most recent funding rounds that Wrymark has completed, and what were the funding rounds?
Wrymark has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Wrymark has raised to date?
Wrymark has raised a total of $345K in funding to date.
How many funding rounds has Wrymark completed?
Wrymark has completed 2 funding rounds.
How much funding did Wrymark raise in its most recent funding round?
Wrymark raised $195K in its most recent funding round.
Who are the lead investors in Wrymark's latest funding round?
The lead investor in Wrymark'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 Wrymark's history?
The largest funding round in Wrymark's history was $195K.
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