About CairnSurgical
CairnSurgical is a Healthcare company based in Lebanon (United States) founded in 2015. Developer of 3D printed surgical guides for breast cancer treatment. 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. Its focus areas include Life Sciences, Women Health, Medical Devices and Screening Devices. Its legal entity is CAIRNSURGICAL, INC. Its competitors include Proprio, ClearPoint Neuro and IMRIS Deerfield Imaging; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Lebanon, United States
- SectorsHealthcare
- Website cairnsurgical.com
- Social LinkedIn
- Legal Name Cairnsurgical, Inc.
- Total Equity Funding$7.79M (USD)
in 8 rounds
- Latest Funding Round$4.5M (USD), Series A
Aug 2024
- InvestorsNIH
& 4 more
Products & Services of CairnSurgical
CairnSurgical offers a comprehensive portfolio of products and services, including Breast Cancer Locator System and Visualizer.
3D-printed system for precise tumor localization in breast surgery.
Interactive tool for viewing tumor areas during surgical procedures.
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 $7.79M
- Total Rounds 8
- Last Round Series A — $4.5M
- First Round $209,307
(Jun 2016)
- Investors Count 5
All 8 funding rounds of CairnSurgical 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 |
|---|---|---|---|---|---|
| Aug 2024 | $4.5M | Series A | – | Morningside Ventures | – |
| Aug 2020 | $2M | Grant | – | – | |
| Dec 2019 | $3.29M | Series A | – | – | – |
| Sep 2018 | $2.21M | Grant | – | – | |
| Jun 2018 | $221,343 | Grant | – | – | |
| Jun 2017 | $2M | Grant | – | – | |
| Jul 2016 | $2.21M | Grant | – | – | |
| Jun 2016 | $209,307 | Grant | – | – |
5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| morningside-ventures.com | ||||
Public health and human services are overseen by HHS. | 1953 | hhs.gov | ||
Federal innovation and scientific achievement services are provided. | 1982 | sbir.gov | Lithia Springs, United States | |
Drug discovery services are provided to the biopharma sector. | 1887 | nih.gov | United States | |
Cancer research is conducted and supported by the institute. | cancer.gov | Bethesda, United States |
Investor details for CairnSurgical
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- Complete investor list
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People of CairnSurgical
17 people are tracked at CairnSurgical (8 in leadership, 3 in board & advisors, 6 in team).
| Name | Role | Group |
|---|---|---|
David Danielsen | CEO | Leadership |
Venkat Krishnaswamy | Co-Founder & CTO | Leadership |
Richard Barth Jr. | Co-Founder & CMO | Leadership |
George Bourne | COO | Leadership |
Timothy Moore | Director, Research & Development | Leadership |
Lori Ann Kaufman, R.T. (R)(M)(ARRT) | Director Of Clinical Education | Leadership |
Tim M. | Senior Director Of Research and Development | Leadership |
Jodie Bond Ploetz | Senior Director Clinical Operations | Leadership |
Mick Sawka | Board Member | Board & advisors |
Jake Reder | Board Member | Board & advisors |
Aaron Kaplan | Board Member | Board & advisors |
Farzeen Christie | Quality Consultant | Team |
Michael Jermyn | Principal Software Consultant, Geometric Modeling, Image Processing, Algorithms | Team |
Misty Fox | Sr. Clinical Imaging Manager | Team |
Dax Mitchell | Principal Software Engineer | Team |
Brook Byrd | Clinical & Imaging Researcher | Team |
Charlie Ladd | Imaging Data & Workflow Consultant | Team |
Complete people profiles for CairnSurgical
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Timeline of CairnSurgical
3 dated milestones of CairnSurgical across 9 years, from founding to its latest funding, stage changes and deals.
- Founded CairnSurgical is founded.
- Funding First funding round of $209K.
- Funding Latest funding round, Series A, of $4.5M.
Competitors of CairnSurgical
CairnSurgical has 3 listed competitors in our database, 2 of them funded. They include Proprio, ClearPoint Neuro and IMRIS Deerfield Imaging.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| propriovision.com | 2016 | Seattle, United States | $74.25M | 52 | Visualization systems for surgical procedures are developed using machine learning. | |
| clearpointneuro.com | 1998 | Irvine, United States | $17.04M | 38 | Software and hardware solutions for MRI-guided surgical planning are provided. | |
| imris.com | 2005 | Minnetonka, United States | 100 | Surgical theatres with ceiling mounted mobile imaging devices to enhance intraoperative workflow |
Detailed competitors of CairnSurgical
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Top companies in Medical Equipment & Supplies
3 companies that operate in the same segment as CairnSurgical (Medical Equipment & Supplies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Robotic waterjet system for prostate tissue removal is developed. | 2009 | Redwood City, California, United States | USD 348.84 M | USD 308.05 M | 756 | |
Robotic microsurgical systems for endoscopy are developed. | 2007 | Redwood City, California, United States | USD 733.62 M | 91 | ||
Injectable packaging, containment, and delivery solutions are manufactured. | 1923 | Exton, Pennsylvania, United States | USD 8.15 B | 6,357 |
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Related news about Cairnsurgical
Complete news archive for CairnSurgical
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Frequently Asked Questions about CairnSurgical
CairnSurgical was founded in 2015 and raised its 1st funding round 1 year after it was founded.
CairnSurgical is headquartered in Lebanon, United States.
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 Grant of $209.31K, raised on Jun 2016.
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.
CairnSurgical's top competitors include Proprio, ClearPoint Neuro and IMRIS Deerfield Imaging.
CairnSurgical offers Breast Cancer Locator System and Visualizer.
CairnSurgical has 5 investors. Key investors include NIH, HHS, National Cancer Institute, SBIR, and Morningside Ventures.
CairnSurgical operates through Cairnsurgical, Inc..