Company overview
Foundation Surgical is a privately held spine implant company founded in 2021 and headquartered in Scottsdale, Arizona. Founded and led by spine surgeon Randal Betz, MD, it focuses on lateral spine surgery and motion-preservation technology.
Its portfolio includes the Interwedge Standalone Lateral fusion system, Vertiwedge Intraosseous System, and navigated disc-preparation instruments. The company promotes LLIF180 and Vertebral Body Osteotomy (VBO) as procedural workflows associated with these devices. FDA records document five 510(k) decisions across three product families.
Commercialization remains early: the company announced its first Interwedge case at Reading Hospital in September 2025 and a selective alpha launch, followed by additional company-reported surgical use. Its financing history includes a 2023 SEC filing reporting US$1 million sold in a convertible-note offering. Current revenue and the scale of clinical adoption are not established.
[3][20][21][28]
Activity & Milestones
7 events2026-07-31 · RegulatoryAdditional Interwedge and Vertiwedge clearances
FDA issued K261809 and K261810 for the two existing implant families. These add decisions, not two additional product families. [11][12]
2026-04-16 · RegulatoryNavigated instruments cleared
K260011 covers navigated disc-preparation instruments designed for StealthStation S8 use. [10]
2025-09-05 · CommercializationFirst Interwedge surgical use announced
Company named Dr. Edward DelSole at Reading Hospital, Tower Health, and described selective U.S. alpha launch activity. This is company-reported adoption, not an independent outcomes study. [21]
2024-11-07 · RegulatoryVertiwedge receives initial FDA clearance
K241468 cleared the partial vertebral-body replacement system for its specified indications. [2]
2024-10-02 · RegulatoryInterwedge receives initial FDA clearance
K241487 cleared the standalone lateral lumbar interbody fusion system. [1]
2023-08-09 · FundingUS$1M sold in convertible-note offering
Amended Form D reports US$1M sold in an offering targeting US$3M. This is an issuer-reported financing snapshot, not current revenue or total lifetime funding. [28]
2021 · CompanyCompany founded
Founded in 2021 according to LinkedIn; SEC filing confirms 2021 incorporation and former name NOFUSCO Corp. [28]