MEDICAL DEVICES

Monogram Orthopaedics

$23.7M from 14,000+ retail investors, then a Nasdaq listing.

WHAT THEY STAND FOR

Robotic joint replacement, financed by patients rather than by funds.

Monogram Orthopaedics raised $23.7 million from more than 14,000 retail investors and subsequently listed on Nasdaq as MGRM.

Medical hardware is the kind of long, capital-hungry, deeply unglamorous work that ordinary investors were assumed to have no appetite for. Fourteen thousand of them disagreed.

Reported by Benzinga.

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