Shoulder Innovations raised $40 million in a Series E funding round led by U.S. Venture Partners to advance commercialization of its shoulder replacement technology.

Shoulder Innovations announced the closing of a $40 million Series E equity financing round, primarily to support the commercialization of its InSet™ Total Shoulder and Reverse Shoulder Arthroplasty Systems. The round included existing investors like U.S. Venture Partners and new investors such as Arboretum Ventures.