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. 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
- SectorsHealthcareIndustrial Goods & Manufacturing
- Email••••••••
- Website bluebelttech.com
- Social LinkedIn X Facebook
- Acquired by Smith & Nephew (Oct 2015)
- Legal Name Blue Belt Technologies, Inc.
- Total Equity Funding$2.4M (USD)
in 10 rounds
- Latest Funding Round$40M (USD), Debt – Venture
Oct 2014
- InvestorsSmith & Nephew
& 5 more
- Employee Count113
- Acquired by
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 $2.4M
- Total Rounds 10
- Last Round Debt – Venture — $40M
- First Round $147,279
(Dec 2007)
- Investors Count 4
All 10 funding rounds of Blue Belt Tech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2014 | $40M | Debt – Venture | – | – | |
| May 2010 | $172,771 | Grant | – | – | |
| Apr 2010 | $172,771 | Grant | – | – | |
| Sep 2009 | $2.4M | Series A | – | Pittsburgh Life Sciences Greenhouse, Innovation Works | – |
| Sep 2009 | $148,302 | Grant | – | – | |
| Aug 2009 | $148,302 | Grant | – | – | |
| May 2009 | $295,097 | Grant | – | – | |
| May 2009 | $295,097 | Grant | – | – | |
| Feb 2008 | $147,279 | Grant | – | – | |
| Dec 2007 | $147,279 | Grant | – | – |
6 investors in total: 6 institutional.
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 |
|---|---|---|---|---|
CRG is recognized as a premier healthcare investment partner. | – | crglp.com | Houston, United States | |
Support is offered for life sciences startups in Pittsburgh. | 2002 | plsg.com | Pittsburgh, United States | |
Software, hardware, and life sciences startups are funded and accelerated. | 1999 | innovationworks.org | Pittsburgh, United States | |
HealthpointCapital is focused on private equity in musculoskeletal healthcare. | – | healthpointcapital.com | San Diego, United States | |
Public health and human services are overseen by HHS. | 1953 | hhs.gov | - | |
Manufacturer of knee, hip and shoulder joint replacements | 1856 | smith-nephew.com | London, United Kingdom |
Investor details for Blue Belt Tech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Blue Belt Tech
5 dated milestones of Blue Belt Tech across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Blue Belt Tech is founded.
- Funding First funding round of $147K.
- Exit Acquired by HealthpointCapital.
- Funding Latest funding round, Debt – Venture, of $40.0M.
- Exit Acquired by Smith & Nephew.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| brainlab.com | 1989 | Munich, Germany | $12.68M | 348 | Software and integrated solutions for surgical and radiotherapy applications | |
| stryker.com | 1941 | Kalamazoo, United States | – | 25,035 | 3D-printed orthopedic products are manufactured for medical applications. | |
| procept-biorobotics.com | 2009 | Redwood, United States | $348.84M | 217 | Robotic waterjet system for prostate tissue removal is developed. | |
| aurishealth.com | 2007 | Redwood, United States | $733.17M | 242 | Robotic microsurgical systems for endoscopy are developed. | |
| intuitive.com | 1995 | Sunnyvale, United States | $17M | 15 | Robotic-assisted surgical systems are developed for minimally invasive procedures. | |
| nuvasive.com | 1997 | San Diego, United States | $54.1M | 2,450 | Smart surgical devices for spinal surgery are developed. | |
| mmimicro.com | 2015 | Calci, Italy | $209.5M | – | A robotic platform is used for microsurgery with scaled instruments. | |
| asensus.com | 2006 | Durham, United States | $91.18M | 418 | Robotic laparoscopic systems are developed for minimally invasive surgeries. | |
| intech-medical.com | 2000 | – | – | 271 | Surgical instruments for orthopaedics are developed and manufactured. | |
| neocis.com | 2012 | Miami, United States | $181.79M | 118 | Robotic guidance systems for dental implantation surgeries are provided. |
Detailed competitors of Blue Belt Tech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Blue Belt Tech
10 companies that operate in the same segment as Blue Belt Tech (Orthopedics), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of high-frequency spinal cord stimulation implants | 2006 | Menlo Park, California, United States | USD 154.1 M | USD 353.08 M | 1,215 | |
Prosthetic and orthotic devices are developed for individuals with disabilities. | 1919 | Duderstadt, Lower Saxony, Germany | USD 17 M | USD 1.97 B | – | |
Developer of therapies for the treatment of musculoskeletal disorders | 2007 | Woburn, Massachusetts, United States | USD 62 M | USD 85.55 M | 692 | |
Developer of drugs for treating rare and autoimmune diseases | 2008 | Dublin, Ireland | USD 61.78 M | USD 617.41 M | – | |
Antibody-siRNA complexes are developed for cancer treatment. | 2012 | San Diego, California, United States | USD 142.54 M | USD 10.9 M | 391 | |
Smart surgical devices for spinal surgery are developed. | 1997 | San Diego, California, United States | USD 54.1 M | – | – | |
Robotic arms are provided for mobility and rehabilitation support. | 2004 | Boston, Massachusetts, United States | USD 17.21 M | USD 40.93 M | 185 | |
AI-powered drug discovery platform for various diseases | 2016 | New York, New York, United States | USD 608 M | – | – | |
Exoskeletons for medical rehabilitation and industrial productivity are provided. | 2005 | United States | USD 24.37 M | USD 71.6 M | 61 | |
Stabilization devices for healthcare are manufactured by the company. | 2005 | New York, New York, United States | USD 142.15 M | – | 43 |
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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 $147.28K, raised on Dec 2007.
Blue Belt Tech has 113 employees.
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.
Blue Belt Tech operates through Blue Belt Technologies, Inc..
Yes. Blue Belt Tech was acquired by Smith & Nephew in October 2015.