Add Forbes’ 30 Under 30 to Fusiform’s growing list of awards and accomplishments. The publication placed Fusiform CEO Param Shah and CTO Alex Mathews on its 2017 list of young people reinventing manufacturing.
Shah, 21, and Mathews, 22, co-founded Fusiform in 2015 while still enrolled as undergraduates at The Johns Hopkins University to update the decades-old orthopaedic workflow in place today with digital order forms, a 10-minute 3-D scan that replaces an hours-long hand-casting process and automated manufacturing of custom orthotics.
Shah and Mathews currently have their products in two Maryland orthopaedic clinics and have raised more than $550,000. Now, with a team of 15 employees, Shah and Mathews are leading the company’s pivot to the development of middleware that makes custom manufacturing more feasible.
Standing out for their vision and accomplishments, Shah and Mathews were among the 600 honorees selected from more than 15,000 nominations. Forbes, in its sixth year of putting together its 30 Under 30 list, winnowed the field to 30 winners in 20 categories, selecting those who are “challenging the conventional wisdom and rewriting the rules for the next generation of entrepreneurs, entertainers, educators and more.”
“We’re thrilled to be part of the Forbes 30 Under 30 list for Manufacturing and Industry and alongside other young people who are driven to positively impact the world,” says Shah, who was also named to the Baltimore Business Journal’s 2016 40 Under 40 list.
Shah and Mathews were joined on this year’s list by DreamIt Health Baltimore alumnus Niko Skievaski, the co-founder of Redox. The trio continue what is becoming a tradition of JHTV entrepreneurs being featured on the annual list. Last year, Forbes named Sonavex Surgical CEO David Narrow to its 30 Under 30 list.
Shah credits the mentorship he has received at Johns Hopkins and around Baltimore for helping his company achieve this honor. Since forming the company, Shah and Mathews have participated in Johns Hopkins Technology Ventures’ Social Innovation Lab, won the inaugural JHU Undergraduate Entrepreneurship Award and completed ETC’s Accelerate Baltimore boot camp.
“We’re so fortunate for the resources that have helped us grow as a company,” Shah says. “This honor is a credit to all the employees, investors, mentors and programs that have helped Fusiform grow over the past two years.”