Mazor Robotics

Orlando, United States Founded: 2001 • Age: 25 yrs Acquired By Medtronic
Robotic guidance systems for spine surgery are manufactured and utilized.
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About Mazor Robotics

Mazor Robotics is a company based in Orlando (United States) founded in 2001 by Eli Zehavi and Moshe Shoham was acquired by Medtronic in September 2018.. Mazor Robotics has raised $6.3 million across 5 funding rounds from investors including Medtronic and Johnson & Johnson. The company has 88 employees as of December 31, 2022. Mazor Robotics operates in a competitive market with competitors including Intuitive, Auris Health, Brainlab, Corindus Vascular Robotics and PROCEPT BioRobotics, among others.

  • Headquarter Orlando, United States
  • Employees 88 as on 31 Dec, 2022
  • Founders Eli Zehavi, Moshe Shoham
  • Stage Public
  • Sectors
    Healthcare
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mazor Robotics Inc.
Operational Areas
Healthcare → Medical Devices & Diagnostics
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.3 M (USD)

    in 5 rounds

  • Latest Funding Round
    $40 M (USD), Post-IPO

    Aug 30, 2017

  • Investors
    Medtronic

    & 1 more

  • Employee Count
    88

    as on Dec 31, 2022

  • Acquired by
    Medtronic

    (Sep 20, 2018)

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People of Mazor Robotics
Headcount 50-200
Employee Profiles 11
Employee Profiles
People
Ori Hadomi
CEO
People
Moshe Shoham
Founder and CTO
People
Ron Tavlin
Vice President, Business Development
People
Eli Zehavi
Executive Vice President of Advanced Technologies

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Funding Insights of Mazor Robotics

Mazor Robotics has successfully raised a total of $6.3M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $40 million completed in August 2017. 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 5
  • Last Round Post-IPO — $40.0M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2017 Amount Post-IPO - Mazor Robotics Valuation

investors

Aug, 2016 Amount Post-IPO - Mazor Robotics Valuation

investors

May, 2016 Amount Post-IPO - Mazor Robotics 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 Mazor Robotics

Mazor Robotics has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Medtronic and Johnson & Johnson. 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
Institutional
Investor Description Founded Year Domain Location
Medical equipment for treating over 30 chronic diseases is developed.
Founded Year Domain Location
Healthcare solutions are provided by Johnson & Johnson globally.
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 Mazor Robotics

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 - Mazor Robotics

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

Mazor Robotics Comparisons

Employees
+
Add Comparison
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Competitors of Mazor Robotics

Mazor Robotics 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 Intuitive, Auris Health, Brainlab, Corindus Vascular Robotics and PROCEPT BioRobotics, 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
Robotic-assisted surgical systems are developed for minimally invasive procedures.
domain founded_year HQ Location
Robotic microsurgical systems for endoscopy are developed.
domain founded_year HQ Location
Software and integrated solutions for surgical and radiotherapy applications
domain founded_year HQ Location
Remote robotic systems for vascular interventional procedures are developed.
domain founded_year HQ Location
Robotic waterjet system for prostate tissue removal is developed.
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 Mazor Robotics

Frequently Asked Questions about Mazor Robotics

When was Mazor Robotics founded?

Mazor Robotics was founded in 2001 and raised its 1st funding round 3 years after it was founded.

Where is Mazor Robotics located?

Mazor Robotics is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.

Who is the current CEO of Mazor Robotics?

Ori Hadomi is the current CEO of Mazor Robotics.

Is Mazor Robotics a funded company?

Mazor Robotics is a funded company, having raised a total of $6.3M across 5 funding rounds to date. The company's 1st funding round was a Post-IPO of $11.9M, raised on Apr 19, 2004.

How many employees does Mazor Robotics have?

As of Dec 31, 2022, the latest employee count at Mazor Robotics is 88.

What does Mazor Robotics do?

Mazor Robotics is a medical device company and manufacturer of a robotic guidance system for spine surgery. Surgeons that utilize Mazor Robotics Renaissance generally specialize in orthopedic surgery or neurosurgery. The company has been listed on the Tel-Aviv Stock Exchange since 2007 and as of May 2013 has a dual listing on NASDAQ. As of September 2013, Mazor Robotics technology is installed in 54 hospitals (28 in the US alone) and has been used in more than 4,000 procedures worldwide. It was originally incorporated under the name M.A.S.O.R. Surgical Technologies, then later changed its name to Mazor Surgical Technologies. In 2010, the company took its current name today - Mazor Robotics. Mazor Robotics very first product, SpineAssist, was approved by the FDA in 2004. Renaissance Guidance System, Mazors next generation product, was released commercially in 2011.

Who are the top competitors of Mazor Robotics?

Mazor Robotics's top competitors include Brainlab, PROCEPT BioRobotics and Auris Health.

Who are Mazor Robotics's investors?

Mazor Robotics has 2 investors. Key investors include Medtronic, and Johnson & Johnson.

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