About CairnSurgical
CairnSurgical is a company based in Lebanon (United States) founded in 2015.. CairnSurgical has raised $7.79 million across 8 funding rounds from investors including NIH, HHS and National Cancer Institute. CairnSurgical offers products and services including Breast Cancer Locator System and Visualizer. CairnSurgical operates in a competitive market with competitors including Augmedics, Proprio, ClearPoint Neuro, IMRIS Deerfield Imaging and eCential Robotics, among others.
- Headquarter Lebanon, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Cairnsurgical, 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
$7.79 M (USD)
in 8 rounds
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Latest Funding Round
$4.5 M (USD), Series A
Aug 21, 2024
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Investors
NIH
& 4 more
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Employee Count
Employee Count
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Products & Services of CairnSurgical
CairnSurgical offers a comprehensive portfolio of products and services, including Breast Cancer Locator System and Visualizer. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
3D-printed system for precise tumor localization in breast surgery.
Interactive tool for viewing tumor areas during surgical procedures.
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Funding Insights of CairnSurgical
CairnSurgical has successfully raised a total of $7.79M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $4.5 million completed in August 2024. 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 8
- Last Round Series A — $4.5M
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First Round
First Round
(01 Jun 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series A - CairnSurgical | Valuation | Morningside Ventures |
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| Aug, 2020 | Amount | Grant - CairnSurgical | Valuation |
investors |
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| Dec, 2019 | Amount | Series A - CairnSurgical | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CairnSurgical
CairnSurgical has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include NIH, HHS and National Cancer Institute. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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Federal innovation and scientific achievement services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CairnSurgical
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CairnSurgical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cairnsurgical Comparisons
Competitors of CairnSurgical
CairnSurgical 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 Augmedics, Proprio, ClearPoint Neuro, IMRIS Deerfield Imaging and eCential Robotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Augmented reality systems for guiding surgical procedures are developed.
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| domain | founded_year | HQ Location |
Visualization systems for surgical procedures are developed using machine learning.
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| domain | founded_year | HQ Location |
Software and hardware solutions for MRI-guided surgical planning are provided.
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| domain | founded_year | HQ Location |
Surgical theatres with ceiling mounted mobile imaging devices to enhance intraoperative workflow
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| domain | founded_year | HQ Location |
Robotic surgery platform for bone procedures is developed.
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| domain | founded_year | HQ Location |
Platform for breast ultrasound imaging
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cairnsurgical
Frequently Asked Questions about CairnSurgical
When was CairnSurgical founded?
CairnSurgical was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is CairnSurgical located?
CairnSurgical is headquartered in Lebanon, United States.
Is CairnSurgical a funded company?
CairnSurgical is a funded company, having raised a total of $7.79M across 8 funding rounds to date. The company's 1st funding round was a Series A of $3.29M, raised on Jun 01, 2016.
What does CairnSurgical do?
CairnSurgical was founded in 2015 and is based in Lebanon, United States. Operations focus on the medical device sector, where 3D-printed surgical guides are developed for breast cancer treatment. The proprietary Breast Cancer Locator System is utilized to map tumor size, shape, and margins, aiding surgeons in precise excision while preserving healthy tissue. This approach is applied during lumpectomy procedures to minimize positive margins.
Who are the top competitors of CairnSurgical?
CairnSurgical's top competitors include Augmedics, Proprio and Delphinus Medical Technologies.
What products or services does CairnSurgical offer?
CairnSurgical offers Breast Cancer Locator System and Visualizer.
Who are CairnSurgical's investors?
CairnSurgical has 5 investors. Key investors include NIH, HHS, National Cancer Institute, SBIR, and Morningside Ventures.
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