Icarus Medical
Charlottesville-based med-tech company that designs and manufactures custom 3D-printed orthopedic braces for osteoarthritis, post-operative recovery, neurological conditions, and lower extremity mobility challenges.
- CEO / Founder
- Dave Johnson
- Team Size
- 11-50
- Stage
- Growth Stage
- Total Funding
- $8.8M
- Latest Round
- Series A
- Key Investors
- Riptide Ventures; OSF Ventures; CU Healthcare Innovation Fund; Highpoint Ventures; MedTech Connect; Neovate Capital Partners; BLU Venture Investors
Technology & Products
Key Products
Ascender (tricompartment unloader knee brace for OA); Adonis (joint distraction brace for medial/lateral OA); Kronos (post-op unloader knee brace); Hermes (dynamic dorsi-assist AFO for foot drop); Hercules (ultralight extension-assist KAFO); Zeus (full-leg KAFO for neuromuscular conditions)
Differentiation
Value Proposition
Custom 3D-printed orthopedic braces using smartphone 3D scanning for precise fit and additive manufacturing for rapid production, providing lighter and more comfortable alternatives to traditional off-the-shelf braces.
How They Differentiate
Replaces heavy aluminum/plastic legacy braces with 3D-printed polymer frames; uses smartphone-based 3D scanning instead of plaster casting; cloud-automated design-to-manufacturing workflow; dynamic spring-loaded unloading technology that reduces joint load.
Market & Competition
Target Customers
Orthopedic surgeons, sports medicine clinicians, physical therapists, and patients with knee osteoarthritis, post-surgical recovery needs, neurological gait conditions, and sports-related knee issues.
Industry Verticals
Orthopedic bracing; osteoarthritis management; post-operative rehabilitation; neurological rehabilitation; sports medicine; veteran healthcare
Competitors
Breg, Inc.; DJO/Enovis (DonJoy); Ossur
Growth & Milestones
Growth Metrics
1,283% three-year revenue growth (2021-2024); Inc. 5000 rank #302 (2025)
Major Milestones
2020: Launched flagship Ascender Knee Brace; 2022: Received $600K Virginia Catalyst grant for research with VCU and UVA; 2025: Ranked #302 on Inc. 5000 list with 1,283% three-year growth; 2026: Closed oversubscribed $7.2M Series A; 2026: Received CBIC Startup of the Year Award