About Elevation Spine
Elevation Spine is a company based in Monterey (United States) founded in 2015.. Elevation Spine has raised $11 million across 1 funding round from investors including Technology Venture Partners and Mutual Capital Partners. Elevation Spine offers products and services including SABER-C System, Anterior Cervical Plate, and Interbody. Elevation Spine operates in a competitive market with competitors including Titan Spine, Biorthex, FloSpine, FBC Device and Tsunami Medical, among others.
- Headquarter Monterey, United States
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11 M (USD)
in 1 rounds
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Latest Funding Round
$11 M (USD), Series B
Sep 19, 2022
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Investors
Technology Venture Partners
& 1 more
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Employee Count
Employee Count
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Products & Services of Elevation Spine
Elevation Spine offers a comprehensive portfolio of products and services, including SABER-C System, Anterior Cervical Plate, and Interbody. 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.
Zero-profile system for anterior cervical plate and interbody fixation in surgery
Titanium plate for stabilizing the cervical spine during fusion
Device with varying heights for cervical spine support and lordosis
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Sales and Marketing
3 people
Leadership Team
2 people
Software Development Team
1 people
Operations Team
1 people
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Funding Insights of Elevation Spine
Elevation Spine has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Series B round of $11 million completed in September 2022. 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 1
- Last Round Series B — $11.0M
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First Round
First Round
(19 Sep 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series B - Elevation Spine | Valuation | Technology Venture Partners |
| 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 |
Investors in Elevation Spine
Elevation Spine has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Technology Venture Partners and Mutual Capital Partners. 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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Venture capital investments are made in US-based technology sectors.
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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 Elevation Spine
| 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 - Elevation Spine
| 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 |
Elevation Spine Comparisons
Competitors of Elevation Spine
Elevation Spine 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 Titan Spine, Biorthex, FloSpine, FBC Device and Tsunami Medical, 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 |
Interbody fusion devices for spinal surgery
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| domain | founded_year | HQ Location |
Bio-materials for orthopedic implants are developed using porous Nitinol.
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| domain | founded_year | HQ Location |
Spinal implants and instruments for orthopedic surgeries are developed.
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| domain | founded_year | HQ Location |
Develops innovative spinal implants for lumbar lordosis correction.
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| domain | founded_year | HQ Location |
Provider of 3D printing systems for spine surgery and diagnostic invasive procedures
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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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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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Frequently Asked Questions about Elevation Spine
When was Elevation Spine founded?
Elevation Spine was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Where is Elevation Spine located?
Elevation Spine is headquartered in Monterey, United States. It is registered at Monterey, California, United States.
Who is the current CEO of Elevation Spine?
Charles Gilbride is the current CEO of Elevation Spine.
Is Elevation Spine a funded company?
Elevation Spine is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Series B of $11M, raised on Sep 19, 2022.
What does Elevation Spine do?
Elevation Spine was founded in 2015 and is based in Monterey, United States. Interbody spinal fusion implants are developed by the company within the medical devices sector, focusing on minimally invasive procedures. Proprietary Saber technology is utilized to create devices such as Saber-C, which integrates an anterior cervical plate with single-step fixation options for spinal surgeries. Operations center on advancing spinal fusion solutions for clinical applications.
Who are the top competitors of Elevation Spine?
Elevation Spine's top competitors include Titan Spine, FloSpine and Biorthex.
What products or services does Elevation Spine offer?
Elevation Spine offers SABER-C System, Anterior Cervical Plate, and Interbody.
Who are Elevation Spine's investors?
Elevation Spine has 2 investors. Key investors include Technology Venture Partners, and Mutual Capital Partners.