Fundraising Fox

Spineology Inc

St. Paul, US · Delaware corporation · 102 employees on LinkedIn · 4 known investors

Spineology develops minimally invasive spine surgery implants, including its flagship OptiMesh interbody fusion technology that delivers a bone graft-containing implant through a small surgical portal. The company serves spine surgeons and their patients in the orthopedic medical device market.

Also known as Spineology · Spineology Inc.

Founders & leadership

SD
Stephen D. KuslichFounder
JY
JAMISON YOUNGExecutive
BS
BRIAN SNIDERExecutive
DR
Donald R. BrattainNamed on SEC filing
EW
Edson W. SpencerNamed on SEC filing
JJ
John J. BoothNamed on SEC filing
JT
James T. RybickiNamed on SEC filing
BS
Brian SniderChief Executive Officer & Board Member
SN
Steve NemitzChief Financial Officer
AB
Amanda BloomExecutive Vice President, Marketing
ER
Emory RooneyExecutive Vice President, Sales
AA
Andrew AdamsVice President, Regulatory, Clinical, Quality, & Compliance Officer

Investors · 4

Also in the syndicate · 1

Oakridge Financiallead

Reported raises · per SEC filings

Form D private placements

$59.8M disclosed across 5 of 6 rounds · 2008–2025

$12.6MraisedJun 2026 · 11 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brian SniderExecutive Officer, Director
  • Antony KoblishDirector
  • Steve NemitzExecutive Officer
  • Thomas PattonDirector
  • J. Robert PaulsonDirector
  • Carter McNabbDirector
  • Craig MatturroDirector
  • Greg MaddenDirector
Offering amount
$14.1M
Amount sold
$12.6M
First sale
Nov 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$25MraisedAug 2024 · 33 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • GREG MADDENDirector
  • JAMISON YOUNGExecutive Officer
  • CRAIG MATTURODirector
  • J. ROBERT PAULSONDirector
  • THOMAS PATTONDirector
  • CARTER MCNABBDirector
  • BRIAN SNIDERExecutive Officer, Director
Offering amount
$25M
Amount sold
$25M
First sale
Jul 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5MraisedMay 2023 · 2 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Donald BrattainDirector
  • John BoothExecutive Officer, Director
  • James RybickiDirector
  • Carter McNabbDirector
  • Phil SoranDirector
  • Robert PaulsonDirector
  • Ed SpencerDirector
  • Jamison YoungExecutive Officer
  • Dick NigonDirector
Offering amount
$7M
Amount sold
$5M
First sale
Apr 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$7MraisedOct 2019 · 1 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Carter McNabbDirector
  • Ed Spencer, Jr.Director
  • James T. RybickiDirector
  • Phil SoranDirector
  • J. Robert PaulsonDirector
  • Donald R. BrattainDirector
  • Dick NigonDirector
  • John J. BoothExecutive Officer, Director
Offering amount
$16M
Amount sold
$7M
Sales commissions
$420K
Placement agents
Canaccord Genuity LLC
First sale
Sep 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10.2MraisedAug 2017 · 80 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Donald R. BrattainDirector
  • Edson W. SpencerDirector
  • John J. BoothExecutive Officer, Director
  • James T. RybickiDirector
Offering amount
$10.2M
Amount sold
$10.2M
Minimum investment
$25K
Sales commissions
$472.6K
Placement agents
The Oak Ridge Financial Services Group, Inc., The Oak Ridge Financial Services Group, Inc., The Oak Ridge Financial Services Group, Inc., The Oak Ridge Financial Services Group, Inc., Dougherty & Company LLC, The Oak Ridge Financial Services Group, Inc., Dougherty & Company LLC, Dougherty & Company LLC, Dougherty & Company LLC, Dougherty & Company LLC, Dougherty & Company LLC, The Oak Ridge Financial Services Group, Inc., The Oak Ridge Financial Services Group, Inc., The Oak Ridge Financial Services Group, Inc., The Oak Ridge Financial Services Group, Inc.
First sale
Aug 2016
Incorporated
Corporation, Minnesota
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Spineology Inc. is a St. Paul, Minnesota medical device manufacturer focused on ultra-minimally invasive (ultra-MIS) spine surgery. Its core platform, OptiMesh, is a conforming, patient-specific expandable interbody implant that is inserted empty through a small portal, filled in situ with bone graft material, and deployed to full size, so that a large implant footprint can be achieved through one of the smallest insertion profiles in the lumbar interbody market. The compacted granular fill is intended to restore disc height, support alignment goals and create a biologic environment for fusion. A single implant can be used across multiple lumbar fusion approaches, including open TLIF/PLIF, MIS TLIF, ultra-MIS OptiLIF and endoscopic OptiLIF Endo.

The portfolio has been extended with OptiMesh HA Nano, which applies a nano-thin hydroxyapatite surface treatment intended to accelerate osseointegration, and OptiMesh Align, which adds real-time, in situ independent control of anterior and posterior expansion for up to 20 degrees of lordotic range. Beyond interbody fusion, company descriptions list deployable grafting, pedicular fixation, retractor, liquid tissue matrix, amniotic wound covering, spinal fixation, allograft and facet fixation systems.

The company positions OptiMesh on the strength of regulatory and clinical evidence: FDA clearance for stable vertebral body defects in 2003, an FDA De Novo grant for interbody fusion in 2020, and the SCOUT (Spineology Clinical Outcomes Trial) IDE study, whose two-year results were published in the International Journal of Spine Surgery in 2021.

Founding story

Spineology was founded by spinal surgeon and inventor Stephen D. Kuslich, M.D. (1943-2004), who had previously co-developed the BAK cage and founded Spine-Tech Inc. Seeking to deliver a larger implant through a smaller incision, he worked to miniaturize the surgical working portal even though doing so would obsolete his earlier design. The containment concept reportedly emerged when he observed a development partner holding a hackey sack in a knit glove; the team filled a cut-off glove finger with morselized bone material, demonstrating that contained bone graft could provide the structural strength needed to support fusion. Kuslich is credited with 44 U.S. patents.

Business model

Spineology designs, manufactures and distributes spinal implants and instrumentation sold for use in lumbar fusion procedures, reaching hospitals and surgery centers through a direct sales force and a distributor network; its contact page invites distributor inquiries and product demo requests.

Traction

The company reports more than 20 years of clinical experience, 20 clinical publications and more than 50,000 devices implanted. SCOUT IDE study two-year results reported 99% (95/96) fusion, 98% fusion at 12 months as evaluated by two independent radiologists, mean ODI improvement of 32.0 ± 18.5, 92% of patients rating satisfaction excellent or good, 85% with clinically meaningful back pain reduction and 75% with clinically meaningful function improvement at three months, and no device-related serious adverse events.

Latest developments

In August 2024 Spineology announced a $25 million Series AA equity financing led by SV Health Investors with participation from 1315 Capital and existing investor RC Capital, with SV Health managing partner Greg Madden joining the board. Recent announcements include the launch of OptiMesh HA Nano, the launch of OptiMesh Align, an organization rebrand, the hiring of Emory Rooney as Executive Vice President of Sales and Amanda Bloom as Executive Vice President of Marketing, and completion of enrollment in a post-market study of an expandable lateral implant. The executive team includes CEO Brian Snider, CFO Steve Nemitz and Executive Chairman Tom Patton.

Full profile — market position, technology, go-to-market, geography, history

Market position

The company describes OptiMesh as the only conforming, patient-specific expandable interbody implant on the market and as holding the only De Novo grant for spinal fusion, one of a small number of orthopedic devices with that level of FDA clearance. It competes in a U.S. lumbar interbody fusion market of roughly 400,000 procedures annually, within a spinal device market described in 2008 as $4 billion.

Spineology positions OptiMesh as the only in situ, patient-specific expandable interbody implant, combining the smallest insertion portal in the lumbar interbody market with one of the largest deployed footprints, endplate-conforming geometry, and IDE-level clinical data backed by an FDA De Novo grant for interbody fusion.

Technology

The OptiMesh implant is a conformable mesh device delivered through a small portal into the disc space and filled in situ with bone graft; compaction of the proprietary fill material provides distraction force and conformance to patient endplate morphology. Variants include OptiMesh HA Nano, a nano-thin hydrophilic surface treatment designed to promote cellular activity and osseointegration and to reduce infection risk, and OptiMesh Align, which enables independent anterior and posterior expansion for a customized lordotic shape of up to 20 degrees. Delivery options span open, MIS TLIF, ultra-MIS OptiLIF and endoscopic OptiLIF Endo approaches.

Go-to-market

Sales are made through a direct sales organization and a distributor network, supported by clinical education programs, published clinical evidence, surgeon advocacy and product demonstrations; 2024 financing proceeds were earmarked for accelerating commercial growth, clinical education and product development.

Spine surgeons and their lumbar fusion patients, served through hospitals and ambulatory surgery centers, primarily in the United States.

Geography

Headquartered at 7800 3rd Street North, Suite 600, St. Paul, Minnesota, with commercial focus on U.S. hospitals and surgery centers; the OptiMesh implant has been FDA-cleared in the United States and CE-marked in Europe.

History

Patent work behind the technology began in 1993 and Spineology was incorporated in 1997. The company received FDA clearance for stable vertebral body defects in 2003 and performed the first OptiMesh clinical cases in 2004. It raised $7.5 million in a private placement in 2008 to fund commercialization, product development and clinical research. Efforts to obtain a De Novo IDE grant began in 2013, culminating in an FDA De Novo grant for interbody fusion in 2020, followed by the OptiMesh 2.0 launch in 2021 and the OptiLIF Endo launch in 2023. Long-time CEO John Booth retired and Brian Snider was appointed CEO, joining in November 2023; the company describes 2024 as operating under new leadership and completed a $25 million Series AA financing in August 2024.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Clinical publicationsAug 202420 publications
Devices implanted (cumulative)Aug 202450,000 implants
SCOUT IDE study fusion rate at 12 monthsDec 202198%
SCOUT IDE study fusion rate at 24 monthsDec 202199%
SCOUT IDE study mean ODI improvement at 24 monthsDec 202132 ODI points
SCOUT IDE study patient satisfaction rated excellent/goodDec 202192%
U.S. lumbar interbody fusion procedures performed annuallyAug 2024400,000 procedures/year
U.S. spinal market size cited by companyJul 2008$4B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 7

by search overlap
Globus Medical109 shared keywordsGlobus Medical designs and manufactures spine, trauma, and robotic surgical products for the orthopedic medical device market. The company serves hospitals and surgical centers globally.
Rf Surgical91 shared keywordsMedtronic is a healthcare technology company that develops medical devices and technologies — including pacemakers, robotic-assisted surgery systems, and AI-driven health tools — used by doctors, scientists, and engineers to treat pain and disease. It works with clinicians to create solutions aimed at treating conditions such as AFib.
Read the Press Release76 shared keywordsStryker is a medical technology company that develops and manufactures products across areas such as orthopaedics, surgical equipment, neurotechnology, and spine care for hospitals and healthcare providers. It operates globally across the Americas, Europe, Asia-Pacific, and the Middle East.
Orthofix (NASDAQ:OFIX)68 shared keywordsOrthofix is a medical device company that develops orthopedic products including spine reconstruction and regenerative solutions, limb reconstruction hardware, surgical navigation systems, and non-invasive therapeutic and bracing solutions. It serves surgeons, clinicians, and patients treating spinal, bone, and orthopedic conditions.
Lifespine62 shared keywordsLife Spine designs and manufactures spinal implants and surgical devices covering pathology from the occiput to the sacrum, serving spine surgeons and their patients. Its portfolio focuses on micro-invasive spine procedures.
Captiva Spine50 shared keywordsCaptiva Spine develops spine navigation technology, spinal implant systems, pedicle screws, interbody devices, and sacroiliac joint fusion solutions for spine surgery. Its products, including the WatchTower Spine Navigation System, serve spine surgeons, hospitals, and ambulatory surgery centers.
Spinewave46 shared keywordsSpine Wave develops and commercializes expandable and minimally invasive surgical products for spine surgeons and their patients. The company follows a surgeon-driven product-development process to build a portfolio of technology platforms addressing spinal surgical challenges.

Companies competing with Spineology Inc for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 14

launches, deals, and filings
Aug 2024
Spineology raises $25 million Series AA financing

Series AA equity financing led by SV Health Investors with participation from 1315 Capital and existing investor RC Capital, to accelerate commercial growth, clinical education programs and product development for the OptiMesh portfolio.

$25M source ↗

Aug 2024
Greg Madden of SV Health Investors joins board of directors

Greg Madden, Managing Partner at SV Health Investors, joined the Spineology Board of Directors in connection with the Series AA financing.

source ↗

Jan 2024
Amanda Bloom joins as Executive Vice President of Marketing

Amanda Bloom, previously with DePuy Spine, NuVasive, Zimmer Biomet, Avail Medsystems and Radiaction Medical, joined Spineology to lead marketing.

source ↗

Jan 2024
Emory Rooney joins as Executive Vice President of Sales

source ↗

Jan 2024
Spineology announces organization rebrand

source ↗

Jan 2024
Launch of OptiMesh Align

Implant offering real-time, in situ independent control of anterior and posterior expansion for up to 20 degrees of lordotic range.

source ↗

Jan 2024
Launch of OptiMesh HA Nano

OptiMesh variant with a nano-thin hydroxyapatite surface treatment designed to promote osseointegration.

source ↗

Nov 2023
Brian Snider appointed Chief Executive Officer

Brian Snider, formerly EVP of Marketing at Alphatec Spine and previously a senior marketing leader at NuVasive, joined Spineology as CEO in November 2023, succeeding John Booth, who retired.

source ↗

Jan 2023
OptiLIF Endo launch

Launch of the endoscopic lumbar interbody fusion application of the OptiMesh platform.

source ↗

Jan 2021
OptiMesh 2.0 launch

source ↗

Jan 2020
FDA De Novo grant for interbody fusion

OptiMesh received an FDA De Novo grant for interbody fusion, described by the company as the only De Novo grant for spinal fusion.

source ↗

Jul 2008
Spineology closes $7.5 million private placement

Private placement led by Minneapolis-based Oakridge Financial with multiple investors, to fund commercialization, product development and clinical research; followed the addition of eight direct sales representatives and distributor network expansion.

$7.5M source ↗

Jan 2004
First OptiMesh clinical cases

source ↗

Jan 2003
FDA clearance for stable vertebral body defects

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Spineology IncDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Spineology Inc do?
Spineology develops ultra-minimally invasive lumbar interbody fusion implants built around its expandable OptiMesh platform.
Who founded Spineology Inc?
Spineology Inc was founded by Stephen D. Kuslich.
Who are Spineology Inc's investors?
Spineology Inc's investors include 1315 Capital, SV Health Investors, RC Capital.
How much funding has Spineology Inc raised?
Spineology Inc has disclosed $59.8M raised across 5 of its 6 known rounds.
Where is Spineology Inc headquartered?
Spineology Inc is headquartered in St. Paul, US.