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Augmedics - About the company

Augmedics is a series D company based in Arlington Heights (United States), founded in 2014 by Nissan Elimelech and Nessi Benishti. It operates as a Developer of augmented reality navigation systems for spine surgical procedures. Augmedics has raised $143M in funding from investors like Terra Venture Partners, H.I.G. Capital and CPMG. The company has 191 active competitors, including 80 funded and 28 that have exited. Its top competitors include companies like Brainlab, ClearPoint Neuro and HRS Navigation.

Company Details

Developer of augmented reality navigation systems for spine surgical procedures. This technology provides surgeons with three-dimensional visualization of patient anatomy directly within their field of view during operations. The system integrates into existing surgical workflows to assist with pedicle screw placement and various spinal interventions. By projecting anatomical data onto the surgical site, the platform allows practitioners to maintain focus on the patient rather than external monitors. The hardware supports open, percutaneous, and minimally invasive techniques across cervical, thoracic, lumbar, and pelvic regions.
Social
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Phone Number
+1 **********
Registered Address
21 S EVERGREEN AVE,SUITE 230,ARLINGTON HEIGHTS,IL,60005
Key Metrics
Founded Year
2014
Location
Arlington Heights, United States
Stage
Series D
Total Funding
$143M in 6 rounds
Latest Funding Round
Ranked
Employee Count
68 as on Aug 31, 2026
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Augmedics's funding and investors

Augmedics has raised a total funding of $143M over 6 rounds. Its first funding round was on 2014. Its latest funding round was a Series D round on Jun 27, 2023 for $*****. 5 investors participated in its latest round. Augmedics has 16 institutional investors.

Here is the list of recent funding rounds of Augmedics:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 27, 2023
5076246
Series D
9148505
6521069
2954972
1733785
Mar 30, 2021
4168451
Series C
3264327
1835798
2096212
Jun 15, 2020
1092214
Series B
6564083
2014137
9100292
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Augmedics' founders and board of directors

Founder? Claim Profile
The founders of Augmedics are Nissan Elimelech and Nessi Benishti.
Here are the details of Augmedics' key team members:

Augmedics' Board of Directors

Augmedics's board has 7 active members. Rick Anderson and Gwen Watanabe are part of team and Paul Enever, Kent McGaughy, Nadav Tomer, Bradley Paddock and Bruce Robertson are independent board members.
Here is the list of Augmedics' board of directors:
Name
Type
Representing
Status
Duration
vycusuy
Team
-
Current
6y 4m
clrxvpj
Team
-
Current
8y 9m
Independent board member
-
Current
-
olkxbfd
Independent board member
-
Current
6y 4m
tpjaqip
Independent board member
-
Current
5y 8m
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Independent board member
-
Current
9y 3m
fbkksok
Independent board member
-
Current
1y 2m

Augmedics' employee count trend

Augmedics has 68 employees as of Aug 26. Here is Augmedics's employee count trend over the years:
Employee count trend for Augmedics
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Augmedics's Competitors and alternates

Top competitors of Augmedics include Brainlab, ClearPoint Neuro and HRS Navigation. Here is the list of Top 10 competitors of Augmedics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Augmedics
Augmedics
2014, Arlington Heights (United States), Series D
Developer of augmented reality navigation systems for spine surgical procedures
$143M
70/100
2nd
Logo for Brainlab
Brainlab
1989, Munich (Germany), Series A
Manufacturer of digital hardware and software for surgical medical procedures
$7.3M
65/100
3rd
Logo for ClearPoint Neuro
ClearPoint Neuro
1998, Irvine (United States), Public
Developer of MRI-guided stereotactic system for neurological interventions
$33.7M
64/100
4th
Logo for HRS Navigation
HRS Navigation
2015, Bengaluru (India), Seed
Manufacturer of surgical navigation systems for cranial, spinal, and ENT surgeries
$7.58M
61/100
5th
Logo for Proximie
Proximie
2016, London (United Kingdom), Series C
Developer of software and hardware for connected surgical operating rooms
$119M
57/100
6th
Logo for Dilon Diagnostics
Dilon Diagnostics
1999, Newport News (United States), Series A
Developer of technology for molecular breast imaging
$32.1M
56/100
7th
Logo for MRI Interventions
MRI Interventions
1998, Irvine (United States), Public
MRI-guided surgery platform
$16.5M
56/100
8th
Logo for Sonavex
Sonavex
2013, Baltimore (United States), Series A
Provider of ultrasound based imaging for Intraoperative detection of anastomotic blood clots
$33.6M
56/100
9th
Logo for OnLume
OnLume
2015, Madison (United States), Series A
Developer of smart devices for fluorescence image-guided surgery
$11.5M
56/100
10th
Logo for Intellijoint
Intellijoint
2010, Waterloo (Canada), Series A
Developer of 3D surgical navigation tools for hip and knee replacements
$24.7M
55/100
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Augmedics's Investments and acquisitions

Augmedics has made no investments or acquisitions yet.

Reports related to Augmedics

Here is the latest report on Augmedics's sector:

News related to Augmedics

lockFilter this list
Media has covered Augmedics for a total of 7 events in the last 1 year, 1 of them has been about company updates.
•
Augmedics adds Medtronic AI expert as VP R&DBusiness Wire•Oct 03, 2023•Augmedics, Medtronic
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