About Facet Solutions
Facet Solutions is a company based in Hopkinton (United States) founded in 2003 was acquired by Globus Medical in January 2011. It operates as a B2B. Facet Solutions has raised $26.33 million across 5 funding rounds from investors including Globus Medical, Spray Venture Partners and De Novo Ventures. The company has 17 employees as of December 31, 2010. Facet Solutions has completed 1 acquisition, including Archus Orthopedics. Facet Solutions operates in a competitive market with competitors including Nevro, Vertos Medical, Spineart, Paradigm Spine and ATEC Spine, among others.
- Headquarter Hopkinton, United States
- Employees 17 as on 31 Dec, 2010
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Sectors
Healthcare
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Phone
*********
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Website
*********
- Legal Name Facet Solutions, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.33 M (USD)
in 5 rounds
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Latest Funding Round
$2.12 M (USD), Series C
Apr 20, 2010
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Investors
Globus Medical
& 3 more
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Employee Count
17
as on Dec 31, 2010
- Investments & Acquisitions
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Acquired by
Globus Medical
(Jan 12, 2011)
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Funding Insights of Facet Solutions
Facet Solutions has successfully raised a total of $26.33M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $2.12 million completed in April 2010. 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 5
- Last Round Series C — $2.1M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2010 | Amount | Series C - Facet Solutions | Valuation |
investors |
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| Nov, 2009 | Amount | Series C - Facet Solutions | Valuation | Spray Venture Partners , De Novo Ventures |
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| Jun, 2009 | Amount | Series C - Facet Solutions | Valuation | Spray Venture Partners , De Novo Ventures |
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| 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 Facet Solutions
Facet Solutions has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Globus Medical, Spray Venture Partners and De Novo Ventures. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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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 Facet Solutions
Facet Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Archus Orthopedics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Reconstructive implants are developed for degenerative lumbar spine diseases.
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Facet Solutions
| 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 |
Facet Solutions Comparisons
Competitors of Facet Solutions
Facet Solutions 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 Nevro, Vertos Medical, Spineart, Paradigm Spine and ATEC Spine, 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 |
Provider of high-frequency spinal cord stimulation implants
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| domain | founded_year | HQ Location |
Minimally invasive treatments for lumbar spinal stenosis are developed.
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| domain | founded_year | HQ Location |
Developer of orthopedic implants and minimally invasive instruments
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| domain | founded_year | HQ Location |
Stabilization devices for healthcare are manufactured by the company.
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| domain | founded_year | HQ Location |
Treatment solutions for spine disorders are developed.
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| domain | founded_year | HQ Location |
Developer of medical devices for patients suffering from chronic vertebrogenic low back pain
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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 Facet Solutions
Frequently Asked Questions about Facet Solutions
When was Facet Solutions founded?
Facet Solutions was founded in 2003 and raised its 1st funding round 1 year after it was founded.
Where is Facet Solutions located?
Facet Solutions is headquartered in Hopkinton, United States. It is registered at Hopkinton, Massachusetts, United States.
Is Facet Solutions a funded company?
Facet Solutions is a funded company, having raised a total of $26.33M across 5 funding rounds to date. The company's 1st funding round was a Series C of $4.11M, raised on Jun 01, 2004.
How many employees does Facet Solutions have?
As of Dec 31, 2010, the latest employee count at Facet Solutions is 17.
What does Facet Solutions do?
Facet Solutions operates with a B2B model, focusing on providing healthcare solutions, developing medical devices, orthopedics, and spinal implants. Specializes in spinal implants for medical applications. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of Facet Solutions?
Facet Solutions's top competitors include Nevro, Paradigm Spine and ATEC Spine.
How many acquisitions has Facet Solutions made?
Facet Solutions has made 1 acquisition, including Archus Orthopedics.
Who are Facet Solutions's investors?
Facet Solutions has 4 investors. Key investors include Globus Medical, Spray Venture Partners, De Novo Ventures, and Pequot Capital Management.