Lazurite

Cleveland, United States Founded: 2015 • Age: 11 yrs
Arthroscopic surgical devices are developed for joint problem treatments.
Annual revenue - Latest available
Total funding $12.9M 3 rounds
Employees 17 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Lazurite

Lazurite is a company based in Cleveland (United States) founded in 2015 by Eugene Malinskiy and Ilya Malinskiy. Lazurite has raised $12.92 million across 3 funding rounds. The company has 17 employees as of December 31, 2021. Lazurite offers products and services including ArthroFree 2, Wireless Receiver, Battery and Charger, and Meridiem Image Enhancer. Lazurite operates in a competitive market with competitors including Augmedics, Proprio, ClearPoint Neuro, IMRIS Deerfield Imaging and eCential Robotics, among others.

  • Headquarter Cleveland, United States
  • Employees 17 as on 31 Dec, 2021
  • Founders Eugene Malinskiy, Ilya Malinskiy
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Legal Name Lazurite Holdings Llc
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $12.92 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.66 M (USD), Seed

    Dec 26, 2024

  • Investors
    Not available
  • Employee Count
    17

    as on Dec 31, 2021

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Products & Services of Lazurite

Lazurite offers a comprehensive portfolio of products and services, including ArthroFree 2, Wireless Receiver, Battery and Charger, and Meridiem Image Enhancer.

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Primary

Delivers HD wireless imaging for arthroscopy procedures.

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Enables secure wireless video transfer in surgeries.

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Provides long-lasting power for surgical devices.

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Optimizes surgical image clarity and sharpness.

People of Lazurite

Headcount 10-50
Employee Profiles 10
Board Members and Advisors 5
Employee Profiles
People
Julia Greenspan 🛠
Director of Sales Operations
People
Eugene Malinskiy
Co-ounder & CEO
People
Leah Brownlee
President & General Counsel
People
Patrick Polito
Director, Regulatory & Compliance

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Board Members and Advisors
people
Michael Salerno
Board Member
people
Gary Cohn
Board Member
people
Jon Serbousek
Board Member
people
Mark Froimson
Chair

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Funding Insights of Lazurite

Lazurite has successfully raised a total of $12.92M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.66 million completed in December 2024. 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.

Investments & Acquisitions by Lazurite

Investments
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Investment portfolio details for Lazurite

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Financial Statements - Lazurite

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Detailed financials for Lazurite

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Lazurite Comparisons

Lazurite Primary company
Description
Arthroscopic surgical devices are developed for joint proble...
Location
Cleveland, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
17
As of 2021
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Peer comparison for Lazurite

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Competitors of Lazurite

Lazurite 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 Augmedics, Proprio, ClearPoint Neuro, IMRIS Deerfield Imaging and eCential Robotics, among others.

Company Name Domain Founded year HQ Location Description
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Augmented reality systems for guiding surgical procedures are developed.
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Visualization systems for surgical procedures are developed using machine learning.
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Software and hardware solutions for MRI-guided surgical planning are provided.
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Surgical theatres with ceiling mounted mobile imaging devices to enhance intraoperative workflow
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Robotic surgery platform for bone procedures is developed.
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Developer of a device for tumor localization
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Detailed competitors of Lazurite

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Latest news on Lazurite

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Frequently Asked Questions about Lazurite

Lazurite was founded in 2015.

Lazurite is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.

Lazurite is a funded company, having raised a total of $12.92M across 3 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Lazurite is 17.

Lazurite was founded in 2015 in Cleveland, United States, within the medical devices sector. Arthroscopic tools are developed by the company to address joint-related issues through minimally invasive procedures. The modular ArthroFree wireless camera system is provided for surgical applications, while the Meridiem light engine supports signal transmission, power delivery, and illumination within the ArthroFree setup. Operations focus on innovative hardware for orthopedic interventions.

Lazurite's top competitors include Augmedics, Proprio and ClearPoint Neuro.

Lazurite offers ArthroFree 2, Wireless Receiver, Battery and Charger, and Meridiem Image Enhancer.

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