About ConforMIS
ConforMIS is a company based in Billerica (United States) founded in 2004 was acquired by Restor3D in June 2023.. 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 as of April 06, 2024. ConforMIS offers products and services including Personalized 3D-Printed Implants and AI-Based Planning Tools. ConforMIS operates in a competitive market with competitors including OssDsign, OrthAlign, Axial3D, Cartiva and Shoulder Innovations, among others.
- Headquarter Billerica, United States
- Employees 78 as on 06 Apr, 2024
- Stage Public
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Sectors
HealthcareTechnology
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Email
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Phone
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Website
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- Legal Name Conformis India Llp
- Date of Incorporation 06 Nov, 2020
- Jurisdiction Shaikpet, Telangana, India
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Products & Services of ConforMIS
ConforMIS offers a comprehensive portfolio of products and services, including Personalized 3D-Printed Implants and AI-Based Planning Tools. 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.
Custom implants for precise surgical fits using AI and 3D printing.
Tools for pre-surgical design and data analysis in orthopaedics.
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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 Total Funding
- Total Rounds 12
- Last Round Post-IPO — $14.0M
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First Round
First Round
(01 Oct 2004)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2019 | Amount | Post-IPO - ConforMIS | Valuation |
investors |
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| Jun, 2019 | Amount | Debt – Conventional - ConforMIS | Valuation |
investors |
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| Jun, 2019 | Amount | Post-IPO - ConforMIS | Valuation |
investors |
| 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 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. 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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Diversified debt funding is provided for growth capital opportunities.
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Founded Year | Domain | Location | |
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3D-printed orthopedic products are manufactured for medical applications.
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Founded Year | Domain | Location | |
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Commercial banking services are offered to individuals and businesses.
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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 ConforMIS
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ConforMIS
| 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 |
Conformis Comparisons
Competitors of ConforMIS
ConforMIS 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 OssDsign, OrthAlign, Axial3D, Cartiva and Shoulder Innovations, 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 |
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| domain | founded_year | HQ Location |
Developer of regenerative 3D-printed orthopedic implants for craniofacial bone defects and trauma
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| domain | founded_year | HQ Location |
Knee and hip alignment devices and technology
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| domain | founded_year | HQ Location |
Provider of cloud-based 3D-printed medical models and surgical guides
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| domain | founded_year | HQ Location |
Synthetic cartilage implants are developed for osteoarthritis treatment.
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| domain | founded_year | HQ Location |
Total shoulder replacement solutions based on glenoid technology are provided.
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| domain | founded_year | HQ Location |
Medical devices for orthopaedic, neurovascular, and endovascular procedures are manufactured.
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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 Conformis
Frequently Asked Questions about ConforMIS
When was ConforMIS founded?
ConforMIS was founded in 2004.
Where is ConforMIS located?
ConforMIS is headquartered in Billerica, United States. It is registered at Billerica, Massachusetts, United States.
Who is the current CEO of ConforMIS?
Mark Augusti is the current CEO of ConforMIS.
Is ConforMIS a funded company?
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 $30M, raised on Oct 01, 2004.
How many employees does ConforMIS have?
As of Apr 06, 2024, the latest employee count at ConforMIS is 78.
What does ConforMIS do?
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.
Who are the top competitors of ConforMIS?
ConforMIS's top competitors include OrthAlign, Axial3D and Biorad Medisys.
What products or services does ConforMIS offer?
ConforMIS offers Personalized 3D-Printed Implants and AI-Based Planning Tools.
Who are ConforMIS's investors?
ConforMIS has 6 investors. Key investors include Stryker, East West Bank, Merrill Lynch, Restor3D, and Innovatus Capital Partners.
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