About Spineart
Spineart is a company founded in 2005 by Stephane Mugnier-Jacob.. Spineart has raised $116.77 million across 4 funding rounds from investors including Gimv and Ernst Göhner Stiftung. Spineart has completed 1 acquisition, including Meditech Spine. Spineart offers products and services including BAGUERA® C and PERLA® App. Spineart operates in a competitive market with competitors including GE Healthcare, Medtronic, Boston Scientific, Nevro and CONMED, among others.
- Founders Stephane Mugnier-Jacob
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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 Spineart Sa
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$116.77 M (USD)
in 4 rounds
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Latest Funding Round
$31.3 M (USD), Series B
Sep 26, 2025
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Investors
Gimv
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Spineart
Spineart offers a comprehensive portfolio of products and services, including BAGUERA® C and PERLA® App. 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.
Device for treating symptomatic cervical spine disease with motion preservation.
Application for enhancing precision in spine surgery procedures.
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Funding Insights of Spineart
Spineart has successfully raised a total of $116.77M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $31.3 million completed in September 2025. 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 4
- Last Round Series B — $31.3M
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First Round
First Round
(20 Sep 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series B - Spineart | Valuation |
investors |
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| Mar, 2024 | Amount | Debt – Convertible - Spineart | Valuation |
investors |
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| Jun, 2020 | Amount | Series B - Spineart | Valuation | Ernst Göhner |
| 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 Spineart
Spineart has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Gimv and Ernst Göhner Stiftung. 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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Private equity firm
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Founded Year | Domain | Location | |
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A foundation is operated to support cultural and social initiatives.
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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 Spineart
Spineart has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Meditech Spine. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Spinal implants are designed and developed by Meditech Spine.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Spineart
| 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 |
Spineart Comparisons
Competitors of Spineart
Spineart 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 GE Healthcare, Medtronic, Boston Scientific, Nevro and CONMED, 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 |
Materials management solutions are provided for healthcare organizations.
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| domain | founded_year | HQ Location |
Medical equipment for treating over 30 chronic diseases is developed.
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| domain | founded_year | HQ Location |
Wide range of medical devices
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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 |
Surgical instruments are manufactured for multiple therapeutic areas.
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| domain | founded_year | HQ Location |
Healthcare solutions are provided by Johnson & Johnson globally.
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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 Spineart
Frequently Asked Questions about Spineart
When was Spineart founded?
Spineart was founded in 2005 and raised its 1st funding round 11 years after it was founded.
Is Spineart a funded company?
Spineart is a funded company, having raised a total of $116.77M across 4 funding rounds to date. The company's 1st funding round was a Series B of $51.97M, raised on Sep 20, 2016.
What does Spineart do?
Spineart was founded in 2005 as a developer of medical devices in the orthopedic sector. A range of implants, including cervical cages, fixation systems, posterior and lateral titanium cages, and interspinal fusion devices, is offered for spinal and other orthopedic procedures. Instruments support arthroplasty, cervical fixation, deformity correction, interbody fusion, and thoracolumbar fixation. Certain products have obtained FDA clearance.
Who are the top competitors of Spineart?
Spineart's top competitors include GE Healthcare, Medtronic and Boston Scientific.
What products or services does Spineart offer?
Spineart offers BAGUERA® C and PERLA® App.
How many acquisitions has Spineart made?
Spineart has made 1 acquisition, including Meditech Spine.
Who are Spineart's investors?
Spineart has 2 investors. Key investors include Gimv, and Ernst Göhner Stiftung.
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