Last updated 2026-07-20
- Acquired by Smith & Nephew for $330M, Nov 2023
- Raised $15M Series G led by Bioventus, Jun 2020
- Raised $21M Series F led by Bioventus, Apr 2017
Total raised
$74.0M
Last: G Round 2020-07
Stage
Acquired
Founded
2009
Headcount
25
HQ
Kefar Sava, Israel
Sector
Health Tech & Life Sciences
About
CartiHeal is an Israeli medical device company that develops proprietary implants for the treatment of cartilage and osteochondral defects in traumatic and osteoarthritic joints. Their flagship product, Agili-C, is a cell-free, off-the-shelf implant made from aragonite (a form of calcium carbonate derived from coral exoskeletons) that promotes the natural regeneration of articular cartilage and restoration of underlying subchondral bone. The Agili-C implant received FDA Breakthrough Device Designation in 2020 and PMA approval in March 2022. It has demonstrated superior clinical performance compared to the surgical standard of care, including significant pain relief and functional gains, and a reduced risk of total knee replacement.
Funding history · 7 rounds · $74.0M total
2020-06
G Round
$15.0M
★ Bioventus
2017-04
F Round
$21.0M
★ Bioventus★ aMoon Fund★ Elron Ventures★ Peregrine Ventures★ Johnson & Johnson Innovation
2015-12
E Round
$15.0M
★ Accelmed★ Elron Ventures★ Peregrine Ventures★ Access Medical Ventures★ Johnson & Johnson Innovation
2015-01
D Round
$3.0M
★ Elron Ventures
2013-09
C Round
$5.0M
★ Accelmed★ Elron Ventures★ Access Medical Ventures
2012-06
B Round
$10.0M
★ Accelmed★ Elron Ventures★ Access Medical Ventures
2012-01
A Round
$5.0M
★ Accelmed★ Incentive★ Access Medical Ventures
Headcount over time
From 18 (2018-08) to 17 (2025-12) · -1 (-6%) · 32 points · source: Finder history + radar grounding
Q&A
- When was CartiHeal acquired and by whom?
- CartiHeal was acquired by Smith & Nephew in November 2023 for an amount of $330,000,000.
- What is CartiHeal's primary product?
- CartiHeal develops Agili-C, a cell-free, off-the-shelf implant for treating cartilage and osteochondral defects in traumatic and osteoarthritic joints.
- What is the status of CartiHeal's Agili-C implant with the US FDA?
- In October 2020, CartiHeal's Agili-C implant was granted breakthrough device designation by the US FDA.
- How many employees does CartiHeal have?
- CartiHeal has 11-50 employees.
- What was CartiHeal's last funding round?
- CartiHeal's last funding round was a G Round in July 2020, with Bioventus as the lead investor.
- What is the total amount of funding CartiHeal raised?
- CartiHeal raised a total of $74,000,000 USD across all its funding rounds.
- Which investors participated in CartiHeal's F Round?
- The F Round in May 2017 included investments from Peregrine Ventures and Johnson & Johnson Innovation.
- Where is CartiHeal headquartered?
- CartiHeal is headquartered in Kefar Sava, Center District, Israel.
Team · 1
Nir Altschuler
Founder · Founder & CEO
Sectors & technology
Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesMedical DevicesMedical Treatment & Therapeutics
Technologies
Materials & SubstancesImplants
Target customers
Healthcare & Life SciencesHealthcareProviders
Business model
B2B
Highlights
1 Patents
Tags
rehabilitationbiodegradableminimally-invasivemedical-technologiesosteoarthritisregenerative-medicineorthopedics
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | cartiheal.com |
|---|---|
| linkedin.com/company/1031481 |
Identifiers & details
| Legal name | CARTIHEAL (2009) LTD |
|---|---|
| Founded | 2009 |
| Employees (exact) | 25 |
| Offices | Closter |
| Status reason | Acquired by Bioventus on May, 2022 |
Acquisitions & public offerings
Acquired by Smith & Nephew 2023-11 $330.0M
Radar intelligence
Patents
| EPO | 15 |
|---|
Publications (Crossref)
| Works | 4 |
|---|
Web history (Wayback)
| Domain | cartiheal.com |
|---|
Certificate / subdomain footprint
| Subdomains | 13 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 514279645 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2009-06-04 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Last annual report | 2022 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | עתירי ידע 17 כפר סבא |