# Hyalex Orthopaedics funding: rounds and investors > Hyalex Orthopaedics has raised $66M across 3 rounds since 2017. Investors include Canaan, Johnson & Johnson Innovation and Osage University Partners. Source: https://millionrounds.com/company/hyalex-orthopaedics (Millionrounds; every figure on the page links to its filing or article) United States · [Series A startup](https://millionrounds.com/companies) # Who invested in *Hyalex Orthopaedics* 3 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Biotech Healthcare Funding summary Updated 26 Oct 2026 **$66M** raised across 3 rounds since 2017, from 3 sources **$16M** Series A **$17M** Series A **$33M** Series A - **Latest round:** Series A, $33M Mar 2019 - **Step-up i:** 1.9× - **Investors:** 5 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2018 2019 **$16M** Series A **$17M** Series A **$33M** Series A - **First round:** Series A, $16M - **Biggest round:** $33M - **Between rounds:** 21 months ## The rounds - **Mar 2019** Series A **$33M** *2 new* *2 returning* [Canaan](https://millionrounds.com/fund/canaan-partners) [Osage University Partners](https://millionrounds.com/fund/osage-university-partners) [Johnson & Johnson Innovation](https://millionrounds.com/fund/johnson-and-johnson-innovation) [DSM Venturing](https://millionrounds.com/fund/dsm-venturing) Reported by FinSMEs SEC filing: $16M sold, first sale May 2017 - **Mar 2019** Series A **$17M** *1 new* [Canaan](https://millionrounds.com/fund/canaan-partners) Source recorded SEC filing: $16M sold, first sale May 2017 - **May 2017** Series A **$16M** *2 new* [Johnson & Johnson Innovation](https://millionrounds.com/fund/johnson-and-johnson-innovation) Canaan Partners/ Osage University Reported by FinSMEs SEC filing: $9.3M sold, first sale May 2017 ## Founders and team From Hyalex Orthopaedics's own website: 5 on the team. - **Adam Gridley** Chief Executive Officer at Allay Therapeutics - **Carl Vause** Chief Executive Officer and President - **Chris Cain** Vice President of Clinical and Regulatory Affairs - **Kris Schreiner** Vice President of Manufacturing and Operations - **Craig Fryman** Senior Director of Product Development ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2017 **Series A** 2019 **Series A** 2019 [Canaan](https://millionrounds.com/fund/canaan-partners) [Johnson & Johnson Innovation](https://millionrounds.com/fund/johnson-and-johnson-innovation) [Osage University Partners](https://millionrounds.com/fund/osage-university-partners) [DSM Venturing](https://millionrounds.com/fund/dsm-venturing) Canaan Partners/ Osage University ## Everyone who backed them [Canaan](https://millionrounds.com/fund/canaan-partners) VC firm **2** rounds [Johnson & Johnson Innovation](https://millionrounds.com/fund/johnson-and-johnson-innovation) Growth equity **2** rounds [Osage University Partners](https://millionrounds.com/fund/osage-university-partners) VC firm **1** round [DSM Venturing](https://millionrounds.com/fund/dsm-venturing) Corporate VC **1** round Canaan Partners/ Osage University no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=hyalex-orthopaedics). ## Quick answers about Hyalex Orthopaedics ### Who invested in Hyalex Orthopaedics? Hyalex Orthopaedics's investors include Canaan, Johnson & Johnson Innovation, Osage University Partners, DSM Venturing and Canaan Partners/ Osage University. ### How much has Hyalex Orthopaedics raised? Hyalex Orthopaedics has raised $66M across 3 rounds since 2017. ### When did Hyalex Orthopaedics last raise? Hyalex Orthopaedics's most recent round was a Series A of $33M in Mar 2019. ### What was Hyalex Orthopaedics's biggest round? Its most recent round, $33M in Mar 2019, is also its largest on record. ### Who backed Hyalex Orthopaedics first? Hyalex Orthopaedics's first round on record, in May 2017, was backed by Johnson & Johnson Innovation and Canaan Partners/ Osage University. ### What stage is Hyalex Orthopaedics at? Hyalex Orthopaedics's latest named round is a Series A, in Mar 2019. ### Where is Hyalex Orthopaedics based? Hyalex Orthopaedics is based in the United States. ## Companies like Hyalex Orthopaedics In the same sector, and raised in the last eighteen months. [**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app