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
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Lazurite Holdings Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.92 M (USD)
in 3 rounds
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Latest Funding Round
$1.66 M (USD), Seed
Dec 26, 2024
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Investors
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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. 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.
Delivers HD wireless imaging for arthroscopy procedures.
Enables secure wireless video transfer in surgeries.
Provides long-lasting power for surgical devices.
Optimizes surgical image clarity and sharpness.
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $1.7M
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First Round
First Round
(17 Sep 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Seed - Lazurite | Valuation |
investors |
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| Jun, 2021 | Amount | Series A - Lazurite | Valuation |
investors |
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| Sep, 2015 | Amount | Seed - Lazurite | Valuation |
investors |
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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 |
Investments & Acquisitions by Lazurite
| 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 |
Financial Statements - Lazurite
| 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 |
Lazurite Comparisons
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. 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 |
Augmented reality systems for guiding surgical procedures are developed.
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| domain | founded_year | HQ Location |
Visualization systems for surgical procedures are developed using machine learning.
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| domain | founded_year | HQ Location |
Software and hardware solutions for MRI-guided surgical planning are provided.
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| domain | founded_year | HQ Location |
Surgical theatres with ceiling mounted mobile imaging devices to enhance intraoperative workflow
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| domain | founded_year | HQ Location |
Robotic surgery platform for bone procedures is developed.
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| domain | founded_year | HQ Location |
Developer of a device for tumor localization
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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 Lazurite
Frequently Asked Questions about Lazurite
When was Lazurite founded?
Lazurite was founded in 2015.
Where is Lazurite located?
Lazurite is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Is Lazurite a funded company?
Lazurite is a funded company, having raised a total of $12.92M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.26M, raised on Sep 17, 2015.
How many employees does Lazurite have?
As of Dec 31, 2021, the latest employee count at Lazurite is 17.
What does Lazurite do?
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.
Who are the top competitors of Lazurite?
Lazurite's top competitors include Augmedics, Proprio and ClearPoint Neuro.
What products or services does Lazurite offer?
Lazurite offers ArthroFree 2, Wireless Receiver, Battery and Charger, and Meridiem Image Enhancer.