Facet Solutions

Hopkinton, United States Founded: 2003 • Age: 23 yrs Acquired By Globus Medical
Specializes in spinal implants for medical applications.
Annual revenue - Latest available
Total funding $26.3M 5 rounds
Employees 17 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Facet Solutions, 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
    $26.33 M (USD)

    in 5 rounds

  • Latest Funding Round
    $2.12 M (USD), Series C

    Apr 20, 2010

  • Investors
  • Employee Count
    17

    as on Dec 31, 2010

  • Investments & Acquisitions
  • 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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Investor details for Facet Solutions

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Investments & Acquisitions by Facet Solutions

Facet Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Archus Orthopedics.

Investments
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Investment portfolio details for Facet Solutions

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Reconstructive implants are developed for degenerative lumbar spine diseases.
Locked Locked 2001 Locked
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Complete acquisition details for Facet Solutions

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Financial Statements - Facet Solutions

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Detailed financials for Facet Solutions

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Facet Solutions Comparisons

Facet Solutions Primary company
Description
Specializes in spinal implants for medical applications.
Location
Hopkinton, United States
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
17
As of 2010
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Peer comparison for Facet Solutions

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of high-frequency spinal cord stimulation implants
Locked Locked Locked
Minimally invasive treatments for lumbar spinal stenosis are developed.
Locked Locked Locked
Developer of orthopedic implants and minimally invasive instruments
Locked Locked Locked
Stabilization devices for healthcare are manufactured by the company.
Locked Locked Locked
Treatment solutions for spine disorders are developed.
Locked Locked Locked
Developer of medical devices for patients suffering from chronic vertebrogenic low back pain
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Detailed competitors of Facet Solutions

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Latest news on Facet Solutions

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Complete news archive for Facet Solutions

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Frequently Asked Questions about Facet Solutions

Facet Solutions was founded in 2003 and raised its 1st funding round 1 year after it was founded.

Facet Solutions is headquartered in Hopkinton, United States. It is registered at Hopkinton, Massachusetts, United States.

Facet Solutions is a funded company, having raised a total of $26.33M across 5 funding rounds to date.

As of Dec 31, 2010, the latest employee count at Facet Solutions is 17.

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.

Facet Solutions's top competitors include Nevro, Paradigm Spine and ATEC Spine.

Facet Solutions has made 1 acquisition, including Archus Orthopedics.

Facet Solutions has 4 investors. Key investors include Globus Medical, Spray Venture Partners, De Novo Ventures, and Pequot Capital Management.

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