Shoulder Innovations

Shoulder Innovations is a medical device development company that designs and commercializes innovative products that demonstrate the potential for improved patient care and reduced overall cost to the healthcare system.

"Shoulder Innovations is on a mission to be the innovation leader in shoulder arthroplasty. 

Shoulder Innovations was founded in 2015 by Stephen B. Gunther. The company is headquartered in Holland, Michigan.


SI has developed a various components for the innovative and integrated InSetTM system, which includes the successful InSet™ Glenoid, Humeral Short Stem, Reverse and Stemless components.


Shoulder Innovations leverages its breakthrough, patented, InSetTM glenoid design, to commercialize a shoulder replacement implant system focused on improving outcomes related to the greatest cause of shoulder replacement failure: glenoid loosening.


The InSetTM technology has been shown in testing to significantly reduce glenoid implant micro-motion and simplifies the surgical technique, potentially reducing complications or increasing implant longevity.


Shoulder Innovations is backed by US Venture Partners, Gilde Healthcare Partners, Wakestream Ventures, Alumni Venture Partners, Lightstone Ventures, cultivate (MD) Accelerator Capital, Michigan Angel Fund, Gilmartin Capital, Aperture Venture Partners, and others. The company closed an oversubscribed $42M Series D round on Mar 06, 2023. This brings Shoulder Innovations' total funding to $67.3M to date.



  • Year founded: 2015
  • Funding Info: $67.3M over 4 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Holland
  • State: Michigan
  • Country: United States
Related businesses