Paragon 28

Paragon 28

Forefoot, midfoot and hindfoot plates, screws, staples and allograft bone systems for use in foot and ankle surgery. Learn more

Launch date
Employees
Market cap
€557m
Enterprise valuation
€615m (Public information from Sep 2024)
Englewood Colorado (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues111m147m181m216m252m295m346m
% growth4 %33 %23 %19 %17 %17 %17 %
EBITDA12.0m(2.3m)(22.5m)(21.6m)(14.2m)3.4m25.4m
% EBITDA margin11 %(2 %)(12 %)(10 %)(6 %)1 %7 %
Profit3.5m(13.7m)(67.3m)(47.8m)(55.4m)(41.3m)(26.7m)
% profit margin3 %(9 %)(37 %)(22 %)(22 %)(14 %)(8 %)
EV / revenue-9.2x8.1x4.8x2.8x2.4x2.0x
EV / EBITDA--587.4x-65.4x-47.6x-48.9x202.1x27.4x
R&D budget11.2m16.1m24.7m30.1m---
R&D % of revenue10 %11 %14 %14 %---
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DateInvestorsAmountRound
N/A

$200k

Debt

N/A

Series B
N/A

$125m

IPO
*
N/A

$63.8m

Post IPO Equity
*

$150m

Post IPO Debt
Total Funding-

Recent News about Paragon 28

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More about Paragon 28info icon
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Paragon 28, Inc. is a medical device company focused on advancing the science of foot and ankle surgery. The company designs, develops, and distributes a comprehensive range of products including specialized plating systems, patient-specific implants, and biologics. Paragon 28 serves orthopedic surgeons and healthcare providers who specialize in foot and ankle procedures. Operating in the medical device market, the company leverages a business model that combines innovation with quality, ensuring that their products meet the highest standards of efficacy and safety. Revenue is generated through the sale of their proprietary surgical systems and implants, which are designed to improve patient outcomes and streamline surgical procedures. Key products include the Ankle Fracture Plating System, Hindfoot TTC TC System, and the Patient Specific Titanium Talus Spacer, which has received FDA approval. Paragon 28 is committed to research and development, continuously working to introduce new solutions that address the evolving needs of foot and ankle surgery.

Keywords: foot surgery, ankle surgery, orthopedic implants, plating systems, patient-specific implants, medical devices, FDA approved, surgical innovation, healthcare providers, orthopedic surgeons.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Paragon 28

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Disior
ACQUISITION by Paragon 28 Jan 2022