Elutia Inc.

About Elutia Inc.

Elutia is dedicated to pioneering the future of patient care through innovative drug-eluting biomaterial platforms. Their mission is to humanize medicine, ensuring patients thrive without compromise by addressing challenges from medical device implant failures and post-surgical complications that impact outcomes and increase costs.

Products & Services

EluPro BioEnvelope:Acellular device envelope with antibiotics for pacemakers, defibrillators, and neurostimulators to optimize stability and support healthy wound healing.

CanGaroo BioEnvelope:Acellular envelope for implantable electronic devices and neurostimulators to mitigate device migration and erosion while supporting wound healing.

SimpliDerm:Human acellular dermal matrix for repair and replacement in soft tissue reconstruction, used in plastic surgery.

ProxiCor PC:Product for cardiac and vascular surgery applications.

Specialties

Drug-Eluting Biomaterials Medical Device Implantation Soft Tissue Reconstruction Electrophysiology Neuromodulation Cardiovascular Surgery

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Registered Direct Offering T: - FT: Registered Direct Offering	A: 15000000 MR: - FA: $15.0 million FAN: 15000000	D: 2025-02-03 FD: 2025-02-03	-
2	RT: Warrant Exercise T: - FT: Warrant Exercise	A: 15700000 MR: - FA: approximately $15.7 million FAN: 15700000	D: 2024-08-01 FD: 2024-08-01	-
3	RT: Registered Direct Offering T: - FT: Registered Direct Offering	A: 13260000 MR: - FA: approximately $13.26 million FAN: 13260000	D: 2024-06-17 FD: 2024-06-17	-
4	RT: Private Placement T: - FT: Private Placement	A: 26200000 MR: - FA: $26.2 million FAN: 26200000	D: 2023-09-19 FD: 2023-09-19	3 investors

Registered Direct Offering Latest

2025-02-03

$15.0M

Warrant Exercise 2024-08-01

$15.7M

Registered Direct Offering 2024-06-17

$13.3M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

C

C. Randal Mills

President & CEO

M

Matthew Ferguson

Chief Financial Officer

M

Michelle LeRoux Williams

Chief Scientific Officer

J

Jeff Hamet

Senior Vice President of Finance

C

Courtney Guyer

Vice President and General Manager of Women's Health

S

Sonali Fonseca

Vice President, Emerging Business

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Recent News

Elutia Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised