How Much Did Prothotic Laboratories Raise?
Funding & Key Investors

Prothotic Laboratories has successfully secured a significant capital infusion, bringing its total cumulative financing to $332K. This latest round, characterized by a $182K major strategic investment, underscores the firm's robust position within the specialized medical device sector. By leveraging this influx of liquidity, the organization is poised to accelerate its operational capabilities and expand its footprint in the competitive orthotics and prosthetics market.

The financial trajectory, marked by successive debt financing rounds, reflects a calculated approach to scaling infrastructure and enhancing service delivery. As the company transitions through this late-stage growth phase, the recent capital injection serves as a critical catalyst for sustaining its long-term mission of improving patient mobility through advanced engineering and clinical expertise.

What is Prothotic Laboratories?

Prothotic Laboratories
ManufacturingMedical Devices & EquipmentHealthcare Services

Based in Farmingdale, New York, Prothotic Laboratories, Inc. operates as a premier facility dedicated to the design and fabrication of customized orthotic and prosthetic solutions. With a legacy spanning over three decades, the firm distinguishes itself through the integration of high-quality materials and cutting-edge technology to address complex mobility challenges for both pediatric and adult populations. Their clinical portfolio includes specialized scoliosis bracing and bespoke prosthetic devices, supported by a team of board-certified specialists. By maintaining a rigorous focus on patient-centric outcomes, the company has established itself as a vital provider in the regional healthcare ecosystem, bridging the gap between clinical necessity and technological innovation.

How much funding has Prothotic Laboratories raised?

Prothotic Laboratories has raised a total of $332K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$182K

Debt (2020): $150K with participation from PPP

Debt (2021): $182K led by PPP

Key Investors in Prothotic Laboratories

PPP

Public-Private Partnership

What's next for Prothotic Laboratories?

With the recent capital deployment, Prothotic Laboratories is strategically positioned to optimize its manufacturing workflows and broaden its reach across the New York metropolitan area. The focus will likely shift toward the adoption of next-generation additive manufacturing techniques and the expansion of its clinical specialist network to meet rising demand for personalized mobility aids. Furthermore, the firm is expected to leverage this financial stability to deepen its research and development initiatives, ensuring that its prosthetic and orthotic offerings remain at the forefront of medical technology. As the company matures, the emphasis will remain on scaling operational efficiency while upholding the high standards of care that have defined its thirty-year history.

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Frequently Asked Questions Regarding Prothotic Laboratories Financial Insights

What are the most recent funding rounds that Prothotic Laboratories has completed, and what were the funding rounds?
Prothotic Laboratories has recently completed 2 funding rounds: Debt on Mar 30, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Prothotic Laboratories has raised to date?
Prothotic Laboratories has raised a total of $332K in funding to date.
How many funding rounds has Prothotic Laboratories completed?
Prothotic Laboratories has completed 2 funding rounds.
How much funding did Prothotic Laboratories raise in its most recent funding round?
Prothotic Laboratories raised $182K in its most recent funding round.
Who are the lead investors in Prothotic Laboratories's latest funding round?
The lead investor in Prothotic Laboratories's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Prothotic Laboratories's history?
The largest funding round in Prothotic Laboratories's history was $182K.
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