CARLSMED

San Diego, United States Founded: 2018 • Age: 8 yrs
Developer of devices for spine surgery
Annual revenue - Latest available
Total funding $109.6M 6 rounds
Employees 59 Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About CARLSMED

CARLSMED is a company based in San Diego (United States) founded in 2018 by Mike Cordonnier and Niall Casey. CARLSMED has raised $109.63 million across 6 funding rounds from investors including B Capital, USVP and The Vertical Group. The company has 59 employees as of December 31, 2023. CARLSMED offers products and services including aprevo and myaprevo. CARLSMED operates in a competitive market with competitors including Stryker, NuVasive, In'Tech Medical, Orthofix and Zavation, among others.

  • Headquarter San Diego, United States
  • Employees 59 as on 31 Dec, 2023
  • Founders Mike Cordonnier, Niall Casey
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Carlsmed, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $109.63 M (USD)

    in 6 rounds

  • Latest Funding Round
    $64.5 M (USD), Series C

    Mar 12, 2024

  • Investors
    B Capital

    & 6 more

  • Employee Count
    59

    as on Dec 31, 2023

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IPO & Listings of CARLSMED

CARLSMED is a publicly listed company on the NASDAQ with ticker symbol CARL in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: CARL · Sector: Technology services · USA

Products & Services of CARLSMED

CARLSMED offers a comprehensive portfolio of products and services, including aprevo and myaprevo.

Product name locked
Category locked
Primary

Platform for personalized spine surgery planning and execution

Product name locked
Category locked
Locked

Tool for 3D visualization in spinal care procedures

People of CARLSMED

Headcount 10-50
Employee Profiles 25
Board Members and Advisors 4
Employee Profiles
People
Mallorie Lotycz Rauch, MCMSc, PA-C
Manager Professional Education
People
Thomas Lopez
Senior Director Medical Education
People
Niall Casey
Chief Technology Officer
People
Mike Cordonnier
CEO

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Board Members and Advisors
people
Robert Mittendorf
Director

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Funding Insights of CARLSMED

CARLSMED has successfully raised a total of $109.63M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $64.5 million completed in March 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.

Investors in CARLSMED

CARLSMED has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include B Capital, USVP and The Vertical Group.

All
Venture Fund
Investor Description Founded Year Domain Location
Multistage investments are directed toward technology, healthcare, and climate sectors.
Locked Locked Locked
VC firm that focuses on early stage investments in the US
Locked Locked Locked
Investments in early and late-stage US companies are made.
Locked Locked Locked
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Investor details for CARLSMED

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Investments & Acquisitions by CARLSMED

Investments
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Investment portfolio details for CARLSMED

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  • Transaction dates
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Financial Statements - CARLSMED

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Detailed financials for CARLSMED

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Carlsmed Comparisons

CARLSMED Primary company
Description
Developer of devices for spine surgery
Location
San Diego, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
59
As of 2023
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Peer comparison for CARLSMED

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Competitors of CARLSMED

CARLSMED 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 Stryker, NuVasive, In'Tech Medical, Orthofix and Zavation, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
3D-printed orthopedic products are manufactured for medical applications.
Locked Locked Locked
Smart surgical devices for spinal surgery are developed.
Locked Locked Locked
Surgical instruments for orthopaedics are developed and manufactured.
Locked Locked Locked
Reconstructive and regenerative solutions for bone conditions are developed.
Locked Locked Locked
Medical devices for spine surgery are designed, manufactured, and distributed.
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Detailed competitors of CARLSMED

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Latest news on Carlsmed

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Complete news archive for CARLSMED

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Frequently Asked Questions about CARLSMED

CARLSMED was founded in 2018 and raised its 1st funding round 1 year after it was founded.

CARLSMED is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Mike Cordonnier is the current CEO of CARLSMED. They have also founded this company.

CARLSMED is a funded company, having raised a total of $109.63M across 6 funding rounds to date.

As of Dec 31, 2023, the latest employee count at CARLSMED is 59.

Founded in 2018 and based in San Diego, United States, CARLSMED operates in the medical device sector. Patient data and proprietary digital technologies are utilized to generate surgical plans and personalized Aprevo spine fusion devices. These are designed for adult spinal malalignment cases, with operations focused on optimizing spine surgery outcomes through customized solutions.

CARLSMED's top competitors include Stryker, NuVasive and In'Tech Medical.

CARLSMED offers aprevo and myaprevo.

Yes, CARLSMED is publicly traded on NASDAQ under the ticker symbol CARL.

CARLSMED has 7 investors. Key investors include B Capital, USVP, The Vertical Group, Cove Fund, and Wavemaker 360.

The ticker symbol of CARLSMED is CARL on NASDAQ.

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