ConforMIS

Billerica, United States Founded: 2004 • Age: 22 yrs Listed Acquired By Restor3D
3D-printed orthopedic products are developed for customized knee implants.

About ConforMIS

ConforMIS is a Healthcare company based in Billerica (United States) founded in 2004, and was acquired by Restor3D in June 2023. 3D-printed orthopedic products are developed for customized knee implants. It operates in the Healthcare and Technology sectors. ConforMIS has raised $446.75 million across 12 funding rounds from investors including Stryker, East West Bank and Merrill Lynch. The company has 78 employees. Its chief executive, as recorded, is Mark Augusti. ConforMIS offers products and services including Personalized 3D-Printed Implants and AI-Based Planning Tools. Its focus areas include Life Sciences, Orthopedics, Medical Devices and Therapies. Its legal entity in India is Conformis India Llp (AAU-5966). Its competitors include OrthAlign, Cartiva and Shoulder Innovations; 3 of its 3 listed competitors have raised funding.

Company details

Founded in 2004 and based in Billerica, United States, customized 3D-printed orthopedic products are developed by the company for knee osteoarthritis treatment. Image-to-implant technology platforms are utilized, encompassing imaging software, image processing, implant design, surgical techniques, and instrumentation. A line of minimally invasive implant solutions is offered to support orthopedic procedures in the medical devices sector.

  • Headquarters Billerica, United States
  • Employees 78
  • Stage Acquired
  • Sectors
    Healthcare
    Technology
  • Email
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  • Phone
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  • Website conformis.com
  • Social X
  • Acquired by Restor3D (Jun 2023)
  • Legal Name Conformis India Llp
  • Date of Incorporation 06 Nov, 2020
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Total Equity Funding
    $446.75M (USD)

    in 12 rounds

  • Latest Funding Round
    $14M (USD), Post-IPO

    Oct 2019

  • Investors
    Stryker

    & 5 more

  • Employee Count
    78
  • Acquired by
    Restor3D

    (Jun 2023)

Products & Services of ConforMIS

ConforMIS offers a comprehensive portfolio of products and services, including Personalized 3D-Printed Implants and AI-Based Planning Tools.

Personalized 3D-Printed Implants
Orthopaedic Devices

Custom implants for precise surgical fits using AI and 3D printing.

AI-Based Planning Tools
Surgical Software

Tools for pre-surgical design and data analysis in orthopaedics.

Funding Insights of ConforMIS

ConforMIS has successfully raised a total of $446.75M across 12 strategic funding rounds. The most recent funding activity was a Post-IPO round of $14 million completed in October 2019. 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 $446.75M
  • Total Rounds 12
  • Last Round Post-IPO β€” $14M
  • First Round $10.19M

    (Oct 2004)

  • Investors Count 5

Latest 10 of 12 funding rounds of ConforMIS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2019$14MPost-IPO––
Jun 2019$30MDebt – Conventional––
Jun 2019$3MPost-IPO––
Aug 2014$97.07MSeries E––
–
Aug 2013$167.7MSeries E––
–
Jul 2013$82.66MSeries E––
–
Jul 2011$1.4MDebt – Conventional––
–
Aug 2010$74.88MSeries D–Calibrium
–
Dec 2009$2.16MSeries D––
–
Aug 2007$10MDebt – Conventional––
Valuation history

6 investors in total: 6 institutional.

Investors in ConforMIS

ConforMIS has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Stryker, East West Bank and Merrill Lynch.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Diversified debt funding is provided for growth capital opportunities.
innovatuscp.comNew York, United States
3D-printed orthopedic products are manufactured for medical applications.
1941stryker.comKalamazoo, United States
Commercial banking services are offered to individuals and businesses.
1973eastwestbank.comLos Angeles, United States
Private investment services are offered by Calibrium for clients.
clbrm.comZürich, Switzerland
Commercial bank
1990ml.comNew York, United States
3D printing technology is developed for human body reconstruction.
2017restor3d.comDurham, United States
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Investor details for ConforMIS

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Board of directors of Conformis India Llp (ConforMIS)

Conformis India Llp is the primary company behind ConforMIS. The board of Conformis India Llp currently have 2 directors; the longest-serving is Rohit Jagini, appointed in 2020. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Rohit Jagini
DIN 08951590
Designated Partner06 Nov 20206 yrsConformis India Llp
Gregory Owen Anglum
DIN 10445953
Designated Partner10 Feb 20242 yrs 9 moConformis India Llp

People of ConforMIS

11 people are tracked at ConforMIS (6 in leadership, 4 in board & advisors, 1 in team); the tracked headcount is 78.

NameRoleGroup
CEOLeadership
Michael Fillion
COOLeadership
Denise Pedulla
Chief Legal Officer & Corporate SecretaryLeadership
Patrick Fitch
Director/pacific North WestLeadership
Mike Patterson
Area Vice PresidentLeadership
Jackie Martin Olson
Director Sales OperationsLeadership
Philip W. Johnston
DirectorBoard & advisors
Brad Langdale
DirectorBoard & advisors
Kenneth Fallon III
ChairmanBoard & advisors
Gary P. Fischetti
DirectorBoard & advisors
Tom Blank
Distributor PrincipalTeam
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Complete people profiles for ConforMIS

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Timeline of ConforMIS

5 dated milestones of ConforMIS across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded ConforMIS is founded.
  2. Funding First funding round of $10.2M.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO, of $14.0M.
  5. Exit Acquired by Restor3D.

Competitors of ConforMIS

ConforMIS has 3 listed competitors in our database, 3 of them funded. They include OrthAlign, Cartiva and Shoulder Innovations.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
orthalign.com2008Aliso Viejo, United States$56M103
Knee and hip alignment devices and technology
cartiva.net2011Alpharetta, United States$22.81M36
Synthetic cartilage implants are developed for osteoarthritis treatment.
shoulderinnovations.com2009Holland, United States$139.29M
Total shoulder replacement solutions based on glenoid technology are provided.
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Detailed competitors of ConforMIS

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  • Full competitor set
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Web traffic of ConforMIS

The website of ConforMIS (conformis.com) receives about 4.6K visits a month.

  • Monthly visits
    4.6K

    ▲ 0.9% vs previous month

Similar websites

Websites whose visitors overlap most with ConforMIS. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
biomet.com
100%
1.7K#10,154,264View details
zimmer.com
zimmer.com
91%
#1,979,435–
thespinemarketgroup.com
91%
#1,224,086View details
synviscone.com
82%
#2,357,409View details
smith-nephew.com
78%
296.7K#152,630View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 12 similar websites and full traffic analytics for ConforMIS

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Top companies in Orthopedics

3 companies that operate in the same segment as ConforMIS (Orthopedics) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of high-frequency spinal cord stimulation implants
2006Menlo Park, California, United StatesUSD 154.1 MUSD 353.08 M1,215
Developer of therapies for the treatment of musculoskeletal disorders
2007Woburn, Massachusetts, United StatesUSD 62 MUSD 85.55 M692
Antibody-siRNA complexes are developed for cancer treatment.
2012San Diego, California, United StatesUSD 142.54 MUSD 10.9 M391
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Related news about Conformis

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Frequently Asked Questions about ConforMIS

ConforMIS was founded in 2004.

ConforMIS is headquartered in Billerica, United States. It is registered at Billerica, Massachusetts, United States.

Mark Augusti is the CEO of ConforMIS, as recorded in our data.

ConforMIS is a funded company, having raised a total of $446.75M across 12 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $10M, raised on Oct 2004.

ConforMIS has 78 employees.

Founded in 2004 and based in Billerica, United States, customized 3D-printed orthopedic products are developed by the company for knee osteoarthritis treatment. Image-to-implant technology platforms are utilized, encompassing imaging software, image processing, implant design, surgical techniques, and instrumentation. A line of minimally invasive implant solutions is offered to support orthopedic procedures in the medical devices sector.

ConforMIS's top competitors include OrthAlign, Shoulder Innovations and Cartiva.

ConforMIS offers Personalized 3D-Printed Implants and AI-Based Planning Tools.

ConforMIS has 6 investors. Key investors include Stryker, East West Bank, Merrill Lynch, Restor3D, and Innovatus Capital Partners.

ConforMIS operates through Conformis India Llp.

Yes. ConforMIS was acquired by Restor3D in June 2023.

The legal entities of ConforMIS currently have 2 directors, including Rohit Jagini, Gregory Owen Anglum.

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