Cast21
Memphis, US · Founded 2016 · Delaware corporation · 11 employees on LinkedIn · 2 known investors
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Cast21 makes an FDA-listed, waterproof immobilization net that replaces plaster and fiberglass casts.
Also known as Cast 21
Founders & leadership
Cast21 was founded in 2016 by Ashley Moy, Jason Troutner, and Justin Brooks.



Investors · 2
Reported raises · per SEC filings
Form D private placements$3.4M disclosed across 3 rounds · 2016–2023
▶$115KraisedMar 2023 · 2 investors · Other Health CareRule 506(b)
- Ashley MoyExecutive Officer, Director
- Jason TroutnerDirector
- Gary StevensonDirector
- Michael McWitheyDirector
- Offering amount
- $1M
- Amount sold
- $115K
- Minimum investment
- $1
- First sale
- Mar 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$3.2MraisedSep 2022 · 55 investors · Other Health CareRule 506(b)
- Gary StevensonDirector
- Ashley MoyExecutive Officer, Director
- Jason TroutnerDirector
- Offering amount
- $3.7M
- Amount sold
- $3.2M
- Minimum investment
- $1
- First sale
- Jul 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$100KraisedMay 2016 · 3 investors · Other Health CareRule 506(b)
- Ashley MoyExecutive Officer, Director
- Jason TroutnerExecutive Officer, Director
- Justin BrooksExecutive Officer, Director
- Offering amount
- $100K
- Amount sold
- $100K
- First sale
- May 2016
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Cast21 is a medical device company that develops an orthopedic immobilization net intended as an alternative to traditional plaster and fiberglass casts. Its flagship, patented product is a two-part system: a flexible hollow sleeve made of a blend of medical-grade materials that is pulled over the limb like a glove, and an external pack containing a proprietary liquid resin that is transferred into the sleeve, where it cures rapidly into a rigid, molded structure. Application is described as a three-step, roughly three-minute process (slide, fill, finish) requiring no water, heat, light, or additional equipment, and removal does not require a cast saw.
The device's open lattice geometry is presented as breathable and waterproof, allowing showering, swimming and other water exposure, and is positioned to reduce cast-related skin problems such as itching, dermatitis, odor and infection. The sleeve can be worn for over eight weeks and comes in a range of ambidextrous sizes for pediatric, adult and geriatric patients; multiple color options that cure to gradient mixes are offered. The company states the product is FDA listed, does not use 3D printing, and performs as well as or better than conventional casting. Published customer case studies cover uses including scaphoid non-union, wrist and distal radial fractures, and post-surgical immobilization after ganglion cyst removal, at settings such as academic medical centers, hospital trauma centers, hand specialty departments and DME providers.
Business model
Cast21 sells its immobilization net system to healthcare providers rather than directly to patients; the product is not available for purchase from the manufacturer and requires a licensed healthcare provider. The company certifies clinical teams in-person, virtually or remotely and only refers patients to clinicians certified to use its technology. Distribution also runs through authorized partners, and for U.S. government purchasers through an authorized partner networked with a Service-Disabled, Veteran-Owned Small Business.
Revenue comes from provider purchases of the sleeve-and-pack system in a range of sizes, with no upfront capital equipment required by the clinic. The company states that private and public payers reimburse for the device, with coverage varying by patient plan and state, and it also offers self-pay options for patients through authorized partners.
Traction
The FDA-listed device is described as in use worldwide; the site lists certified clinics via a store locator and patient and clinician testimonials from multiple U.S. states, published case studies from providers in Washington DC, Indiana, Illinois and Mississippi, and states that private and public payers are reimbursing claims.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Positioned as an alternative to plaster and fiberglass casting and to 3D-printed orthopedic devices, competing with orthopedic bracing and immobilization suppliers such as Breg, Tynor, Unyq, Hyprevention, Bone Health Technologies and Comprehensive Prosthetics & Orthotics. Cofounders were recognized on the Forbes 30 Under 30 Healthcare 2020 list.
Compared with traditional casting, the product is presented as waterproof, lightweight, breathable, faster to apply (about three minutes), removable without a cast saw, available in custom colors, and requiring no special equipment or upfront capital investment by the clinic; unlike 3D-printed devices it is ready in minutes rather than hours or days.
Technology
A patented immobilization net consisting of a breathable open-lattice sleeve of medical-grade materials plus a pack of proprietary fast-curing liquid resin that is transferred into the sleeve and hardens in minutes to form a rigid, lightweight, waterproof brace structure. The design includes built-in fail-safes, requires no water bath, heat source, scanner or 3D printer, and can be windowed or molded manually; removal requires no oscillating saw or power tools.
Go-to-market
The company recruits and certifies clinics to apply its product, publishes a store-locator of participating clinics, and directs interested patients to certified providers, including researching local clinics for patients. It works with distributors and authorized partners, including a channel for U.S. government and VA purchasing, and states it operates globally. Marketing includes clinician and patient web content, case studies, a blog, press coverage and social media channels.
Clinicians and clinical settings in orthopedics, sports medicine, pediatrics, family medicine and urgent care, including orthopedic and trauma surgeons, hand specialists, orthotists, DME providers, hospitals and academic medical centers; end users include pediatric, adult, geriatric and athlete patients, as well as U.S. veterans served through VA channels.
Geography
United States-focused with clinician contact forms covering the U.S., Canada, Australia, New Zealand and Puerto Rico; the company states its product is used worldwide and that it works around the globe.
History
The company completed FDA regulatory requirements and its device is now FDA listed. Its published news items include a wegg showcase featuring CEO Ashley S. H. Moy, coverage of an Illinois engineering graduate whose medical technology aided an athlete's recovery, and receipt of an Innovation Voucher Grant. Cofounders Ashley Moy and Jason Troutner were profiled by Forbes on the 30 Under 30 Healthcare 2020 list.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsCompany news notes receipt of an Innovation Voucher Grant.
The company states it completed its regulatory requirements and its patented immobilization net is FDA listed and in use worldwide.
Forbes profiled cofounders Ashley Moy and Jason Troutner on its 30 Under 30 Healthcare 2020 list for developing a waterproof, breathable resin-filled sleeve replacing traditional casts.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
▸Research sources · 8
primary sources listed
- Cast21cast21.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Cast21 do?
- Cast21 makes an FDA-listed, waterproof immobilization net that replaces plaster and fiberglass casts.
- Who founded Cast21?
- Cast21 was founded by Ashley Moy, Jason Troutner, Justin Brooks in 2016.
- Who are Cast21's investors?
- Cast21's investors include Illinois Ventures, Innova Memphis, Inc..
- How much funding has Cast21 raised?
- Cast21 has disclosed $3.4M raised across 3 rounds.
- Where is Cast21 headquartered?
- Cast21 is headquartered in Memphis, US.


