About Globus Medical
Globus Medical is a company based in Audubon (United States) founded in 2003.. Globus Medical has raised $110 million across 1 funding round from investors including Goldman Sachs, Blackstone and AIG Investments. The company has 5,300 employees as of December 31, 2024. Globus Medical has completed 10 acquisitions, including Branch Medical Group, Excelsius Surgical and Facet Solutions. Globus Medical offers products and services including ExcelsiusGPS, Spine Solutions, and Biologics. Globus Medical operates in a competitive market with competitors including RTI Surgical, Implanet, DJO Global, OMNILife Sciences and ExacTech, among others.
- Headquarter Audubon, United States
- Employees 5300 as on 31 Dec, 2024
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Globus Medical, Inc.
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Annual Revenue
$2.52 B60.62as on Dec 31, 2024
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Net Profit
$102.98 M-16.19as on Dec 31, 2024
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EBITDA
$486.34 M40.32as on Dec 31, 2024
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Total Equity Funding
$110 M (USD)
in 1 rounds
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Latest Funding Round
$110 M (USD), Series E
Aug 22, 2007
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Investors
Goldman Sachs
& 2 more
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Employee Count
5300
as on Dec 31, 2024
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Investments & Acquisitions
Branch Medical Group
& 9 more
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IPO & Listings of Globus Medical
Globus Medical is a publicly listed company on the NYSE with ticker symbol GMED in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Globus Medical
Globus Medical offers a comprehensive portfolio of products and services, including ExcelsiusGPS, Spine Solutions, and 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.
Provides precise guidance for spine and cranial surgeries.
Offers implants and tools for spinal procedures.
Supports bone healing in trauma and reconstruction.
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Software Development Team
159 people
Leadership Team
66 people
Sales and Marketing
61 people
Product Management Team
41 people
Spine Team
21 people
Senior Team
15 people
Legal and Compliance
9 people
Operations Team
7 people
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Funding Insights of Globus Medical
Globus Medical has successfully raised a total of $110M through 1 strategic funding round. The most recent funding activity was a Series E round of $110 million completed in August 2007. 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 E — $110.0M
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First Round
First Round
(22 Aug 2007)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2007 | Amount | Series E - Globus Medical | Valuation |
investors |
| 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 Globus Medical
Globus Medical has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Blackstone and AIG Investments. 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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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Diversified investment management is provided across multiple asset classes.
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Founded Year | Domain | Location | |
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Investment management and financial services are provided by the firm.
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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 Globus Medical
Globus Medical has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Branch Medical Group, Excelsius Surgical and Facet Solutions. 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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Limb lengthening device
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2012 | ||||
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A surgical robotic positioning platform for spine, brain and therapeutic markets
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2011 | ||||
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Robotic arm is developed for spinal surgery assistance.
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2011 |
| 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 - Globus Medical
| 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 |
Globus Medical Comparisons
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 RTI Surgical, Implanet, DJO Global, OMNILife Sciences and ExacTech, 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 |
Develops innovative technologies for spinal and orthopedic implants and instruments.
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| domain | founded_year | HQ Location |
Orthopedic implants are developed for spine, knee, and arthroscopy procedures.
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| domain | founded_year | HQ Location |
Orthopedic devices and pain management products are developed.
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| domain | founded_year | HQ Location |
Hip and knee orthopedic implants are engineered, manufactured, and distributed.
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| domain | founded_year | HQ Location |
Implants, instruments, and technologies for joint replacement are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Globus Medical
Frequently Asked Questions about Globus Medical
When was Globus Medical founded?
Globus Medical was founded in 2003 and raised its 1st funding round 4 years after it was founded.
Where is Globus Medical located?
Globus Medical is headquartered in Audubon, United States. It is registered at Audubon, New Jersey, United States.
Is Globus Medical a funded company?
Globus Medical is a funded company, having raised a total of $110M across 1 funding round to date. The company's 1st funding round was a Series E of $110M, raised on Aug 22, 2007.
How many employees does Globus Medical have?
As of Dec 31, 2024, the latest employee count at Globus Medical is 5,300.
What is the annual revenue of Globus Medical?
Annual revenue of Globus Medical is $2.52B as on Dec 31, 2024.
What does Globus Medical do?
Globus Medical was founded in 2003 and is headquartered in Audubon, United States. Orthopedic implants are developed, manufactured, and marketed by the company, with a focus on minimally invasive solutions for musculoskeletal procedures. Products include devices for spinal treatments, trauma care, and artificial joints. Operations center on the medical device sector, serving healthcare providers globally through innovative implant technologies.
Who are the top competitors of Globus Medical?
Globus Medical's top competitors include ExacTech, Implanet and Medacta International.
What products or services does Globus Medical offer?
Globus Medical offers ExcelsiusGPS, Spine Solutions, and Biologics.
Is Globus Medical publicly traded?
Yes, Globus Medical is publicly traded on NYSE under the ticker symbol GMED.
How many acquisitions has Globus Medical made?
Globus Medical has made 10 acquisitions, including Branch Medical Group, Excelsius Surgical, and Facet Solutions.
Who are Globus Medical's investors?
Globus Medical has 3 investors. Key investors include Goldman Sachs, Blackstone, and AIG Investments.
What is Globus Medical's ticker symbol?
The ticker symbol of Globus Medical is GMED on NYSE.