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.
- Website
- augmedics.com
- 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
Investors
Ranked
1st among 191 active competitors
Employee Count
68 as on Aug 31, 2026
Legal entities associated with Augmedics
Augmedics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Augmedics, Inc. CIN: 10130471 , United States, Active | Apr 13, 2020 | - | - | - |
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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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 27, 2023 | 8264259 | Series D | 8681443 | 4617961 | 4903036 | 3492665 |
Mar 30, 2021 | 1163581 | Series C | 5729762 | 1464451 | 1994387 | |
Jun 15, 2020 | 3247570 | Series B | 9064514 | 9576376 | 8204849 |
View details of Augmedics's funding rounds and investors
Augmedics' founders and board of directors
Founder? Claim ProfileThe founders of Augmedics are Nissan Elimelech and Nessi Benishti.
Here are the details of Augmedics' key team members:
- Nissan Elimelech: Co-Founder of Augmedics.
- Nessi Benishti: Co-Founder of Augmedics.
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 |
|---|---|---|---|---|
sewkpva | Team | - | Current | 9y 9m |
mpf{xnp | Team | - | Current | 6y 6m |
Independent board member | - | Current | - | |
suaoarz | Independent board member | - | Current | 2y 2m |
k{fuhdq | Independent board member | - | Current | 4y 3m |
fuauovk | Independent board member | - | Current | 3y 1m |
qyvvckf | Independent board member | - | Current | 1y 3m |
View details of Augmedics's Founder profiles and Board Members
Augmedics' employee count trend
Augmedics has 68 employees as of Aug 26. Here is Augmedics's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Augmedics 2014, Arlington Heights (United States), Series D | Developer of augmented reality navigation systems for spine surgical procedures | $143M | 70/100 | |
2nd | Manufacturer of digital hardware and software for surgical medical procedures | $7.3M | 65/100 | ||
3rd | ClearPoint Neuro 1998, Irvine (United States), Public | Developer of MRI-guided stereotactic system for neurological interventions | $33.7M | 64/100 | |
4th | HRS Navigation 2015, Bengaluru (India), Seed | Manufacturer of surgical navigation systems for cranial, spinal, and ENT surgeries | $7.58M | 61/100 | |
5th | Proximie 2016, London (United Kingdom), Series C | Developer of software and hardware for connected surgical operating rooms | $119M | 57/100 | |
6th | Dilon Diagnostics 1999, Newport News (United States), Series A | Developer of technology for molecular breast imaging | $32.1M | 56/100 | |
7th | MRI Interventions 1998, Irvine (United States), Public | MRI-guided surgery platform | $16.5M | 56/100 | |
8th | Sonavex 2013, Baltimore (United States), Series A | Provider of ultrasound based imaging for Intraoperative detection of anastomotic blood clots | $33.6M | 56/100 | |
9th | OnLume 2015, Madison (United States), Series A | Developer of smart devices for fluorescence image-guided surgery | $11.5M | 56/100 | |
10th | Intellijoint 2010, Waterloo (Canada), Series A | Developer of 3D surgical navigation tools for hip and knee replacements | $24.7M | 55/100 |
Looking for more details on Augmedics's competitors? Click here to see the top ones
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
Media has covered Augmedics for a total of 7 events in the last 1 year, 1 of them has been about company updates.
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VB Spine to Acquire CT-Fluoro Technology for Spine Applications from AugmedicsOrthoSpineNews•Jul 07, 2026•VB Spine, Augmedics
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VB Spine Acquires xvision Spine System® Rights from AugmedicsOrthopedics•Apr 13, 2026•Augmedics, VB Spine
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VB Spine to Acquire Exclusive Rights to xvision Spine System from AugmedicsOrthoworld•Feb 16, 2026•Augmedics, VB Spine
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Augmedics Announces FDA Clearance of Its Next-Generation AR Headset, X2™Business Wire•Nov 12, 2025•Augmedics
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Augmedics Completes 10,000th Augmented Reality Spine Surgery With xvision Spine SystemBusiness Wire•Apr 22, 2025•Augmedics
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Augmedics Appoints Paul Ziegler as President and Chief Executive OfficerBusiness Wire•Dec 11, 2024•Augmedics
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Augmedics Announces FDA Clearance, Completion of First Surgery for New CT-Fluoro RegistrationBusiness Wire•Nov 19, 2024•Augmedics
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CVRx Announces Appointment of Kevin Hykes as President and Chief Executive OfficerGlobeNewswire•Jan 31, 2024•CVRx, Augmedics
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