About Precision Spine
Precision Spine is a company based in Parsippany Troy Hills (United States) founded in 2012 was acquired by MC Credit Partners in February 2015.. Precision Spine has raised $258.43 thousand across 1 funding round from investors including MCCP. The company has 144 employees as of December 31, 2017. Precision Spine offers products and services including Cervical Devices, Thoracolumbar Devices, Lateral Interbody Devices, and Anterior Lumbar Devices. Precision Spine operates in a competitive market with competitors including Nevro, ATEC Spine, Vertos Medical, Paradigm Spine and Relievant Medsystems, among others.
- Headquarter Parsippany Troy Hills, United States
- Employees 144 as on 31 Dec, 2017
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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 Precision Spine, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$258.43 K (USD)
in 1 rounds
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Latest Funding Round
$258.43 K (USD), Seed
Jan 05, 2012
- Investors
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Employee Count
144
as on Dec 31, 2017
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Acquired by
MC Credit Partners
(Feb 01, 2015)
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Products & Services of Precision Spine
Precision Spine offers a comprehensive portfolio of products and services, including Cervical Devices, Thoracolumbar Devices, Lateral Interbody Devices, and Anterior Lumbar Devices. 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.
Products for cervical spine surgery and patient recovery
Devices for thoracolumbar spine procedures and support
Tools for lateral interbody fusion in spinal treatments
Devices for anterior lumbar spine surgeries and care
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Funding Insights of Precision Spine
Precision Spine has successfully raised a total of $258.43K through 1 strategic funding round. The most recent funding activity was a Seed round of $258.43 thousand completed in January 2012. 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 Seed — $258,427
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First Round
First Round
(05 Jan 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2012 | Amount | Seed - Precision Spine | 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 |
Investors in Precision Spine
Precision Spine has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MCCP. 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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Capital solutions are provided to middle market companies by MCCP.
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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 Precision Spine
| 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 - Precision Spine
| 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 |
Precision Spine Comparisons
Competitors of Precision Spine
Precision Spine 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, ATEC Spine, Vertos Medical, Paradigm Spine and Relievant Medsystems, 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 |
Provider of high-frequency spinal cord stimulation implants
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| domain | founded_year | HQ Location |
Treatment solutions for spine disorders are developed.
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| domain | founded_year | HQ Location |
Minimally invasive treatments for lumbar spinal stenosis are developed.
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| domain | founded_year | HQ Location |
Stabilization devices for healthcare are manufactured by the company.
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Developer of medical devices for patients suffering from chronic vertebrogenic low back pain
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| domain | founded_year | HQ Location |
Spinal implants are developed for treating spinal stenosis.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Precision Spine
Frequently Asked Questions about Precision Spine
When was Precision Spine founded?
Precision Spine was founded in 2012.
Where is Precision Spine located?
Precision Spine is headquartered in Parsippany Troy Hills, United States. It is registered at Parsippany Troy Hills, New Jersey, United States.
Is Precision Spine a funded company?
Precision Spine is a funded company, having raised a total of $258.43K across 1 funding round to date. The company's 1st funding round was a Seed of $258.43K, raised on Jan 05, 2012.
How many employees does Precision Spine have?
As of Dec 31, 2017, the latest employee count at Precision Spine is 144.
What does Precision Spine do?
Precision Spine was established in 2012 following the acquisition of Spinal USA and Precision Medical of Mississippi. Spinal therapy products are offered in the medical devices sector, categorized into cervical, thoracolumbar, interbody, and anterior lumbar applications. Items such as cervical plate systems, pedicle screw systems, interbody cages, plating systems, retractors, and ALIF cages are included. Operations are based in Parsippany Troy Hills, United States.
Who are the top competitors of Precision Spine?
Precision Spine's top competitors include Nevro, Paradigm Spine and ATEC Spine.
What products or services does Precision Spine offer?
Precision Spine offers Cervical Devices, Thoracolumbar Devices, Lateral Interbody Devices, and Anterior Lumbar Devices.
Who are Precision Spine's investors?
Precision Spine has 1 investor. Key investors include MCCP.
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