NLT SPINE
Minimally Invasive Spinal Surgery Technology
Company Overview
Snapshot
Founded in August 2006 by Tzony Siegal, NLT SPINE operated with 1–10 employees. The company raised a total of $21.93 million across three funding rounds from two investors. A significant milestone was its acquisition by SeaSpine in August 2016.
Business overview
NLT SPINE specializes in developing minimally invasive spinal surgery technology within the Health Tech & Life Sciences sector. The company's core offering is a nonlinear technology platform that facilitates the insertion of large implants and instruments through small incisions. Its products, including the PROW FUSION implant and eSPIN discectomy tool, enable complete, minimally invasive lumbar interbody fusion procedures. NLT SPINE serves the medical devices market, targeting hospitals, healthcare providers, and clinics primarily in the United States and Europe.
Strategic signal
In August 2016, NLT SPINE was acquired by SeaSpine, a move that significantly impacted the company's trajectory. This acquisition highlights the strategic value of NLT SPINE's minimally invasive spinal surgery technology and its potential to enhance SeaSpine's product portfolio in the competitive medical device market. For investors, this signals a successful exit and validation of NLT SPINE's innovative approach to spinal care.
Log in to access full profile ›Company Intelligence Q&A
- What is NLT SPINE's core technology?
- NLT SPINE's core technology is a nonlinear platform that allows for the insertion of large implants and instruments through small incisions, which then deflect to form a curved configuration upon reaching their destination within the body.
- When was NLT SPINE acquired?
- NLT SPINE was acquired by SeaSpine in August 2016.
- What products does NLT SPINE offer?
- NLT SPINE offers the PROW FUSION implant and the eSPIN discectomy tool, which are designed for complete, minimally invasive lumbar interbody fusion procedures.
- Which investors participated in NLT SPINE's funding rounds?
- In October 2007, Peregrine Ventures invested in NLT SPINE. In March 2012, Accelmed also participated in a funding round for the company.
- What awards did NLT SPINE receive for its innovations?
- In December 2014, NLT SPINE received top global and US awards for its innovations in minimally invasive spinal surgery products and for its ARC Pedicle System.