SHOULDER INNOVATIONS, INC.

Grand Rapids, MI · CIK 0001699350 · Medtech · Public

Glenoid implant with improved fixation technology for shoulder replacement surgery

shoulderinnovations.com →
Grants
—
No SBIR or STTR on record
Sector median: 1
Raised
$81M
6 Form D · Mar 2025
19 months since last filing
Contracts
$966K
49 awards · Veterans Affairs
#323 of 4531 in medtech
Patents
40
19 granted · 21 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Private capital raisedForm D · SEC$1,017,342
Private capital raisedForm D · SEC$2,200,000
Private capital raisedForm D · SEC$21,550,002
Federal contractDepartment of Veterans Affairs · Surgical Implant$17,420
Private capital raisedForm D · SEC$3,519,131
Private capital raisedForm D · SEC$32,229,523
Federal contractDepartment of Veterans Affairs · Surgery Implant$17,720
Federal contractDepartment of Veterans Affairs · Surgical Implant$17,720
Federal contract· 1 of 2 same dayDepartment of Veterans Affairs · Post Shoulder Surgical Implant$21,250
Federal contract· 2 of 2 same dayDepartment of Veterans Affairs · Post Shoulder Surgical Implant$22,532
Federal contract· 1 of 2 same dayDepartment of Veterans Affairs · Post Shoulder Surgical Implant$17,370
Federal contract· 2 of 2 same dayDepartment of Veterans Affairs · Post Shoulder Surgical Implant$21,500
Federal contractDepartment of Veterans Affairs · Surgical Implant - Shoulder$13,043
Federal contractDepartment of Veterans Affairs · Post Shoulder Surgery$23,027
Federal contractDepartment of Veterans Affairs · Post Shoulder Surgery$17,370
Federal contractDepartment of Veterans Affairs · Post Shoulder Surgery$21,250
Federal contractDepartment of Veterans Affairs · Post Shoulder Surgery$21,000
Federal contractDepartment of Veterans Affairs · Post Shoulder Surgery$33,400
Federal contractDepartment of Veterans Affairs · Shoulder Surgery$21,250
Federal contractDepartment of Veterans Affairs · Shoulder Surgery$13,293
Federal contractDepartment of Veterans Affairs · Shoulder Surgery$21,250
Federal contractDepartment of Veterans Affairs · Shoulder Implant$17,370
Federal contractDepartment of Veterans Affairs · Shoulder Surgery$17,370
Federal contractDepartment of Veterans Affairs · Surgery Item$12,150
Federal contractDepartment of Veterans Affairs · Shoulder Implant$21,578
Federal contractDepartment of Veterans Affairs · Post Shoulder Surgery$17,370
Federal contractDepartment of Veterans Affairs · Shoulder Surgery$21,500
Federal contractDepartment of Veterans Affairs · Post Shoulder Surgery$17,720
Federal contractDepartment of Veterans Affairs · Post Shoulder Surgery$17,370
Federal contractDepartment of Veterans Affairs · Shoulder Surgery$13,293
Federal contractDepartment of Veterans Affairs · Shoulder Implant$17,720
Federal contractDepartment of Veterans Affairs · Shoulder Surgery$17,370
Federal contractDepartment of Veterans Affairs · Shoulder Surgery$21,250
Federal contractDepartment of Veterans Affairs · Shoulder Post Surgery$21,250
Federal contractDepartment of Veterans Affairs · Shoulder Surgery$21,250
Federal contractDepartment of Veterans Affairs · Post Shoulder Surgery$17,370
Federal contract· 1 of 2 same dayDepartment of Veterans Affairs · Shoulder Surgery$21,250
Federal contract· 2 of 2 same dayDepartment of Veterans Affairs · Post Shoulder Surgery$21,000
Private capital raisedForm D · SEC$20,111,432
Federal contractDepartment of Veterans Affairs · Shoulder Implant (hardware)$21,250
Federal contract· 1 of 3 same dayDepartment of Veterans Affairs · Shoulder Implant Hardware$17,070
Federal contract· 2 of 3 same dayDepartment of Veterans Affairs · Implant Post$21,250
Federal contract· 3 of 3 same dayDepartment of Veterans Affairs · Implant Post$21,250
Federal contractDepartment of Veterans Affairs · Post Implant$21,000
Federal contractDepartment of Veterans Affairs · Post Implant$21,000
Federal contractDepartment of Veterans Affairs · Shoulder Surgery$17,070
Federal contractDepartment of Veterans Affairs · Shoulder Implant$21,000
Federal contractDepartment of Veterans Affairs · Shoulder Implant Hardware$21,000
Federal contractDepartment of Veterans Affairs · Shoulder Implant Hardware$21,250
Federal contractDepartment of Veterans Affairs · Shoulder Implant Hardware$24,666
Federal contractDepartment of Veterans Affairs · Total Shoulder$21,500
Federal contractDepartment of Veterans Affairs · Total Shoulder$21,250
Federal contractDepartment of Veterans Affairs · Total Shoulder$21,000
Federal contract· 1 of 2 same dayDepartment of Veterans Affairs · Total Shoulder$19,845
Federal contract· 2 of 2 same dayDepartment of Veterans Affairs · Total Shoulder$19,530
Federal contract · USAspendingForm D · SEC

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
320Caregility Corp$997K$7.5M
321ARETE BIOSCIENCES$995K—
322CROSSLIFE TECHNOLOGIES INC.$966K—
323SHOULDER INNOVATIONS, INC.$966K$81M
324Securisyn Medical, LLC$958K$11M
325Xoran Technologies LLC$957K—
326Flashback Technologies, Inc.$950K$8.0M

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 12 related persons
  • Matthew AhearnDirector · Executive Officer
  • Robert BallDirector · Executive Officer
  • David BlueExecutive Officer
  • Paul BuckmanDirector
  • Mike CarusiDirector
  • Ron FrisbieDirector
  • Stephen GuntherDirector
  • Geoff PardoDirector
  • Kim PasquinoDirector
  • Jeff PointsExecutive Officer
  • Kevin SidowDirector
  • Casey TanseyDirector

Patents

USPTO · 19 granted of 40

Regulatory activity · Medtech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.