About Precision Spine
Precision Spine is a Healthcare company based in Parsippany Troy Hills (United States) founded in 2012, and was acquired by MC Credit Partners in February 2015. Orthopedic implants for spinal therapy are provided by Precision Spine. Precision Spine has raised $258.43 thousand across 1 funding round from investors including MCCP. The company has 144 employees. Precision Spine offers products and services including Cervical Devices, Thoracolumbar Devices, Lateral Interbody Devices, and Anterior Lumbar Devices. Its focus areas include Life Sciences, Orthopedics, Medical Devices and Therapies. Its legal entity is Precision Spine, Inc. Its competitors include Nevro, ATEC Spine and Vertos Medical; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Parsippany Troy Hills, United States
- Employees 144
- Stage Acquired
- SectorsHealthcare
- Website precisionspineinc.com
- Social LinkedIn
- Acquired by MC Credit Partners (Feb 2015)
- Legal Name Precision Spine, Inc.
- Total Equity Funding$258.43K (USD)
in 1 rounds
- Latest Funding Round$258.43K (USD), Seed
Jan 2012
- Investors
- Employee Count144
- Acquired byMC Credit Partners
(Feb 2015)
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.
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
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 $258,427
- Total Rounds 1
- Last Round Seed — $258,427
- First Round $258,427
(Jan 2012)
All 1 funding rounds of Precision Spine with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2012 | $258,427 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Precision Spine
Precision Spine has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MCCP.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Capital solutions are provided to middle market companies by MCCP. | mccp.com | Stamford, United States |
Investor details for Precision Spine
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People of Precision Spine
15 people are tracked at Precision Spine (13 in leadership, 2 in team); the tracked headcount is 144.
| Name | Role | Group |
|---|---|---|
Melanie Roland | Director, Strategic Sourcing And Set Administration | Leadership |
Teri Murray | Director Of Professional Relations | Leadership |
Dara Hudson | Director Of Surgeon Relations | Leadership |
Joe Deluca | Sr VP Marketing | Leadership |
Stephen Lubischer | Executive VP Of Sales | Leadership |
Robert Halleck | Director Of Marketing / Professional Relations | Leadership |
James Pastena | President and Chief Executive Officer | Leadership |
Christopher Miller | Vice President Of Sales, Northeast | Leadership |
Jennifer Drinkwater | VP Of Sales, Southern US | Leadership |
Braedon Cagle | Regional Vice President - US Midwest | Leadership |
Mike Albert | Vice President Of Operations And General Manager | Leadership |
Stephen K. | Regional Vice President Of Sales | Leadership |
Kirk Morin | Vice President Of Sales Pacific | Leadership |
Troy George | Medical Device Sales Representative | Team |
Allie Hesser | Medical Device Rep | Team |
Complete people profiles for Precision Spine
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- Full employee list
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Timeline of Precision Spine
3 dated milestones of Precision Spine across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Precision Spine is founded.
- Funding First funding round of $258K.
- Exit Acquired by MC Credit Partners.
Competitors of Precision Spine
Precision Spine has 3 listed competitors in our database, 2 of them funded. They include Nevro, ATEC Spine and Vertos Medical.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nevro.com | 2006 | Menlo Park, United States | $154.1M | 1,215 | Provider of high-frequency spinal cord stimulation implants | |
| atecspine.com | 1990 | San Diego, United States | 839 | Treatment solutions for spine disorders are developed. | ||
| vertosmed.com | 2005 | Aliso Viejo, United States | $177.75M | 140 | Minimally invasive treatments for lumbar spinal stenosis are developed. |
Detailed competitors of Precision Spine
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Web traffic of Precision Spine
The website of Precision Spine (precisionspineinc.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▲ 56.9% vs previous month
Top companies in Orthopedics
3 companies that operate in the same segment as Precision Spine (Orthopedics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of high-frequency spinal cord stimulation implants | 2006 | Menlo Park, California, United States | USD 154.1 M | USD 353.08 M | 1,215 | |
Developer of therapies for the treatment of musculoskeletal disorders | 2007 | Woburn, Massachusetts, United States | USD 62 M | USD 85.55 M | 692 | |
Antibody-siRNA complexes are developed for cancer treatment. | 2012 | San Diego, California, United States | USD 142.54 M | USD 10.9 M | 391 |
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Related news about Precision Spine
Complete news archive for Precision Spine
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Frequently Asked Questions about Precision Spine
Precision Spine was founded in 2012.
Precision Spine is headquartered in Parsippany Troy Hills, United States. It is registered at Parsippany Troy Hills, New Jersey, United States.
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 2012.
Precision Spine has 144 employees.
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.
Precision Spine's top competitors include Nevro, ATEC Spine and Vertos Medical.
Precision Spine offers Cervical Devices, Thoracolumbar Devices, Lateral Interbody Devices, and Anterior Lumbar Devices.
Precision Spine has 1 investor. Key investors include MCCP.
Precision Spine operates through Precision Spine, Inc..
Yes. Precision Spine was acquired by MC Credit Partners in February 2015.