Hanger Ventures

Hanger Ventures is a subsidiary of Hanger, Inc., dedicated to advancing innovation in orthotics and prosthetics. The firm focuses on investing in entrepreneurs and small businesses that develop clinical and technical solutions to improve patient outcomes in the orthotics and prosthetics sector. By leveraging Hanger, Inc.'s extensive clinical expertise and organizational resources, Hanger Ventures aims to accelerate the commercialization of innovative healthcare solutions.

The firm's investment strategy targets early-stage companies specializing in areas such as limb loss, limb difference, metabolic diseases, vascular and neuromuscular conditions, skeletal anomalies, and traumatic injuries. Hanger Ventures seeks to partner with organizations that share its mission of empowering human potential through advanced orthotic and prosthetic technologies.

In July 2024, Hanger Ventures made its inaugural investment in Bionic Power, a Canadian-based company developing active lower body smart orthotic devices designed to enhance mobility for individuals with neuromuscular conditions. This investment underscores Hanger Ventures' commitment to supporting innovations that address unmet clinical needs and improve the quality of life for individuals facing mobility challenges.