About Blue Belt Tech
Blue Belt Tech is a company based in United States founded in 2003 was acquired by Smith & Nephew in October 2015. Blue Belt Tech has raised $2.4 million across 10 funding rounds from investors including Smith & Nephew, HHS and Innovation Works. The company has 113 employees as of December 31, 2015. Blue Belt Tech operates in a competitive market with competitors including Brainlab, Stryker, PROCEPT BioRobotics, Auris Health and Intuitive, among others.
- Headquarter United States
- Employees 113 as on 31 Dec, 2015
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Sectors
HealthcareIndustrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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- Legal Name Blue Belt Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.4 M (USD)
in 10 rounds
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Latest Funding Round
$40 M (USD), Debt – Venture
Oct 30, 2014
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Investors
Smith & Nephew
& 5 more
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Employee Count
113
as on Dec 31, 2015
- Acquired by
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Funding Insights of Blue Belt Tech
Blue Belt Tech has successfully raised a total of $2.4M across 10 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $40 million completed in October 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Debt – Venture — $40.0M
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First Round
First Round
(27 Dec 2007)
- Investors Count 4
Investors in Blue Belt Tech
Blue Belt Tech has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Smith & Nephew, HHS and Innovation Works.
| Investor | Description | Founded Year | Domain | Location |
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CRG is recognized as a premier healthcare investment partner.
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Support is offered for life sciences startups in Pittsburgh.
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Software, hardware, and life sciences startups are funded and accelerated.
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Investments & Acquisitions by Blue Belt Tech
Financial Statements - Blue Belt Tech
Blue Belt Tech Comparisons
Competitors of Blue Belt Tech
Blue Belt Tech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brainlab, Stryker, PROCEPT BioRobotics, Auris Health and Intuitive, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Software and integrated solutions for surgical and radiotherapy applications
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| domain | founded_year | HQ Location |
3D-printed orthopedic products are manufactured for medical applications.
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| domain | founded_year | HQ Location |
Robotic waterjet system for prostate tissue removal is developed.
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| domain | founded_year | HQ Location |
Robotic microsurgical systems for endoscopy are developed.
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| domain | founded_year | HQ Location |
Robotic-assisted surgical systems are developed for minimally invasive procedures.
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| domain | founded_year | HQ Location |
Smart surgical devices for spinal surgery are developed.
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Latest news on Blue Belt Tech
Frequently Asked Questions about Blue Belt Tech
Blue Belt Tech was founded in 2003 and raised its 1st funding round 4 years after it was founded.
Blue Belt Tech is headquartered in United States.
Blue Belt Tech is a funded company, having raised a total of $2.4M across 10 funding rounds to date. The company's 1st funding round was a Grant of $172.77K, raised on Dec 27, 2007.
As of Dec 31, 2015, the latest employee count at Blue Belt Tech is 113.
Blue Belt Tech was founded in 2003 in the United States as a medical device company focused on orthopedic surgery applications. Computer-assisted and robotic technologies are developed, including the Navio surgical system, which enables precise bone cutting through minimally invasive methods using a handheld tool. Software for unicondylar and patellofemoral knee replacements is provided to support implant planning, alongside the STRIDE system for treating early-stage osteoarthritis.
Blue Belt Tech's top competitors include Brainlab, PROCEPT BioRobotics and Stryker.
Blue Belt Tech has 6 investors. Key investors include Smith & Nephew, HHS, Innovation Works, Pittsburgh Life Sciences Greenhouse, and CRG.