Globus Medical

Mountain View, United States Founded: 2013 • Age: 13 yrs Acquired By NuVasive
Globus Medical is engaged in developing innovative medical devices for spine and orthopedic solutions.

About Globus Medical

Globus Medical is a company based in Mountain View (United States) founded in 2013 was acquired by NuVasive in February 2021. It operates as a Direct-to-Consumer (D2C), and Professional Services. Globus Medical has raised $44.25 million across 2 funding rounds from investors including NuVasive, Life Sciences Partners and Sectoral Asset Management. Globus Medical offers products and services including Simplify™ Cervical Disc, Excelsius™ Technology, and Regenerative Biologics. Globus Medical operates in a competitive market with competitors including Nevro, Vertos Medical, Spineart, Paradigm Spine and ATEC Spine, among others.

  • Headquarter Mountain View, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Globus Medical, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $44.25 M (USD)

    in 2 rounds

  • Latest Funding Round
    $23.25 M (USD), Series B

    Feb 09, 2018

  • Investors
    NuVasive

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    NuVasive

    (Feb 24, 2021)

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Products & Services of Globus Medical

Globus Medical offers a comprehensive portfolio of products and services, including Simplify™ Cervical Disc, Excelsius™ Technology, and Regenerative Biologics. 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.

Primary

A cervical disc replacement for superior clinical outcomes.

Advanced technology for improved safety in operating rooms.

Innovative solutions for musculoskeletal disorder patient recovery.

Funding Insights of Globus Medical

Globus Medical has successfully raised a total of $44.25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $23.25 million completed in February 2018. 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 Rounds 2
  • Last Round Series B — $23.2M
  • First Round

    (19 Jul 2017)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2018 Amount Series B - Globus Medical Valuation Life Sciences Partners
Jul, 2017 Amount Series B - Globus Medical Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Globus Medical

Globus Medical has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include NuVasive, Life Sciences Partners and Sectoral Asset Management. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments in life sciences businesses are managed.
Founded Year Domain Location
Sectoral Asset Management is focused on global healthcare investment.
Founded Year Domain Location
Investment platforms are managed by M.H. Carnegie & Co.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Globus Medical

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Globus Medical

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Globus Medical Comparisons

Employees
+
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Competitors of Globus Medical

Globus Medical 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
domain founded_year HQ Location
Minimally invasive treatments for lumbar spinal stenosis are developed.
domain founded_year HQ Location
Developer of orthopedic implants and minimally invasive instruments
domain founded_year HQ Location
Stabilization devices for healthcare are manufactured by the company.
domain founded_year HQ Location
Treatment solutions for spine disorders are developed.
domain founded_year HQ Location
Developer of medical devices for patients suffering from chronic vertebrogenic low back pain
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Globus Medical

Frequently Asked Questions about Globus Medical

When was Globus Medical founded?

Globus Medical was founded in 2013 and raised its 1st funding round 4 years after it was founded.

Where is Globus Medical located?

Globus Medical is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.

Is Globus Medical a funded company?

Globus Medical is a funded company, having raised a total of $44.25M across 2 funding rounds to date. The company's 1st funding round was a Series B of $21M, raised on Jul 19, 2017.

What does Globus Medical do?

Globus Medical is focused on the development and distribution of advanced medical devices and technologies for spine, orthopedic trauma, and joint reconstruction. Solutions are provided across multiple sectors including cervical disc replacement, robotic navigation systems, and regenerative biologics. Comprehensive portfolios are offered to address clinical challenges through integrated systems, enabling technologies, and educational support. The company is committed to improving patient care globally by partnering with healthcare professionals and conducting research in state-of-the-art facilities.

Who are the top competitors of Globus Medical?

Globus Medical's top competitors include Nevro, Paradigm Spine and ATEC Spine.

What products or services does Globus Medical offer?

Globus Medical offers Simplify™ Cervical Disc, Excelsius™ Technology, and Regenerative Biologics.

Who are Globus Medical's investors?

Globus Medical has 4 investors. Key investors include NuVasive, Life Sciences Partners, Sectoral Asset Management, and M.H. Carnegie & Co..

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