NLT SPINE

Minimally Invasive Spinal Surgery Technology

Health Tech & Life Sciences
Acquired (Inactive) by SeaSpine on Aug 2016 - closed due to acquisition

Company Overview

Snapshot

Founded in August 2006 by Tzony Siegal, NLT SPINE operated with 1–10 employees. The company raised $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 develops a nonlinear technology platform for minimally invasive spinal surgery, enabling the insertion of large implants and instruments through small incisions. Its core products, PROW FUSION and eSPIN, facilitate complete, minimally invasive lumbar interbody fusion procedures. The company serves the healthcare industry, specifically hospitals, clinics, and healthcare providers, operating within the Health Tech & Life Sciences sector, with a focus on medical devices and medical treatment & therapeutics in the United States and Europe.

Strategic signal

In August 2016, NLT SPINE was acquired by SeaSpine, a move that significantly impacted its operational trajectory and market presence. This acquisition validated NLT SPINE's innovative approach to minimally invasive spinal surgery and integrated its technology into a larger medical device portfolio, signaling a strategic consolidation within the orthopedic and spinal care market.

Company Intelligence Q&A

What is NLT SPINE's primary focus?
NLT SPINE focuses on developing and commercializing a nonlinear technology platform for minimally invasive spinal surgery, allowing for the insertion of large implants through small incisions.
When was NLT SPINE acquired?
NLT SPINE was acquired by SeaSpine in August 2016.
Which investors participated in NLT SPINE's funding rounds?
NLT SPINE received funding from investors including Peregrine Ventures and Accelmed.
What are NLT SPINE's key products?
NLT SPINE's key products include the PROW FUSION implant and the eSPIN discectomy tool, both designed for minimally invasive lumbar interbody fusion procedures.
In which markets does NLT SPINE operate?
NLT SPINE's products have been used clinically in the United States and Europe, addressing the need for minimally invasive spinal surgery.

External links