Integrity Orthopaedics Announces Closure of Series B Financing [Yahoo! Finance]
Piper Sandler Companies (PIPR)
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Source: Yahoo! Finance
successfully closed on a Series B financing of $20.6 million . The financing was co-led by Piper Sandler Merchant Banking and an undisclosed existing investor. The company intends to use the capital to expand the US commercial launch of its initial product in the rotator cuff repair market. This milestone advances the company's vision of revolutionizing soft tissue repair with its patented technology, aiming for stronger surgical repair and enhanced long-term healing. Integrity Orthopaedics was co-founded in 2020 by Thomas Westling , a veteran executive in medtech and previously Founder and CEO of Rotation Medical, David Crompton , Chief IP and General Counsel, and distinguished orthopaedic surgeons Dr. Patrick Connor , Dr. Howard Harris , and Dr. Marc Labbe "We are pleased to co-lead the Series B financing," said Tom Schnettler , Managing Director, Piper Sandler Merchant Banking. " Tom Westling is a proven entrepreneur and outstanding biomedical engineer. We see significant oppor
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