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CARLSMED - About the company

CARLSMED is a public company based in San Diego (United States), founded in 2018 by Niall Casey and Mike Cordonnier. It operates as a Developer of devices for spine surgery. CARLSMED has raised $110M in funding from investors like USVP, B Capital and EvoNexus. The company has 212 active competitors, including 38 funded and 28 that have exited. Its top competitors include companies like NuVasive, Orthofix and OSSTEC.

Company Details

Developer of devices for spine surgery. The company uses patient data and proprietary digital technologies to create optimal surgical plans and personalized Aprevo spine fusion devices for adult spinal malalignment.
Registered Address
1800 Aston Ave. Suite 100 Carlsbad, CA 92008
Key Metrics
Founded Year
2018
Location
San Diego, United States
Stage
Public
Total Funding
$110M in 6 rounds
Latest Funding Round
Investors
Ranked
Employee Count
150 as on Aug 31, 2026
Similar Companies
Exit Details
Public

CARLSMED's IPO details

CARLSMED got listed on Jul 23, 2025.
Click here to take a look at CARLSMED's IPO in detail
Sign up to download CARLSMED's company profile

CARLSMED's funding and investors

CARLSMED has raised a total funding of $110M over 6 rounds. Its first funding round was on Jun 05, 2019. Its latest funding round was a Series C round on Mar 12, 2024 for $*****. 2 investors participated in its latest round. CARLSMED has 9 institutional investors.

Here is the list of recent funding rounds of CARLSMED:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 12, 2024
5155626
Series C
8167935
3428979
3310420
8661107
Apr 19, 2022
5979542
Series B
3511444
4902548
6210927
Dec 16, 2020
5215955
Series A
6751762
9312975
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CARLSMED's founders and board of directors

Founder? Claim Profile
The founders of CARLSMED are Niall Casey and Mike Cordonnier. Mike Cordonnier is the CEO of CARLSMED.
Here are the details of CARLSMED's key team members:

CARLSMED's Board of Directors

CARLSMED's board has 16 active members. Niall Casey, Shariq Hussain, Philip Young, Robert Mittendorff, Jonathan Root, Kevin O'Boyle, Alexander Arrow, Durall Scott, Kevin Sidow, Jeffrey Roh, Mark Singer, Leonard Greenstein, Sharon Schulzki, Justin Esterberg, Jonathon Root and Michael Cordonnier are independent board members.
Here is the list of CARLSMED's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
6y 10m
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Independent board member
-
Current
1y 8m
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Independent board member
-
Current
7y 1m
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Independent board member
-
Current
2y 7m
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Independent board member
-
Current
2y 7m
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Independent board member
-
Current
1y 7m
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Independent board member
-
Current
4y 5m
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Independent board member
-
Current
5y 8m
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Independent board member
-
Current
9y 4m
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Independent board member
-
Current
5y 2m
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Independent board member
-
Current
6y 9m
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Independent board member
-
Current
3y 4m
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Independent board member
-
Current
3y 9m
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Independent board member
-
Current
5y 3m
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Independent board member
-
Current
8y 9m
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Independent board member
-
Current
4y 1m

CARLSMED's employee count trend

CARLSMED has 150 employees as of Aug 26. Here is CARLSMED's employee count trend over the years:
Employee count trend for CARLSMED
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CARLSMED's Competitors and alternates

Top competitors of CARLSMED include NuVasive, Orthofix and OSSTEC. Here is the list of Top 10 competitors of CARLSMED, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for NuVasive
NuVasive
1997, San Diego (United States), Acquired
Developer of smart surgical devices for spinal surgery
$54.1M
64/100
2nd
Logo for CARLSMED
CARLSMED
2018, San Diego (United States), Public
Developer of devices for spine surgery
$110M
61/100
3rd
Logo for Orthofix
Orthofix
1980, Lewisville (United States), Public
Developer of reconstructive and regenerative solutions for bone-related conditions
-
-
59/100
4th
Logo for OSSTEC
OSSTEC
2021, London (United Kingdom), Series A
Developer of regenerative orthopedic implants
$4.68M
56/100
5th
Logo for Arthrex
Arthrex
1981, Naples (United States), Funding Raised
Orthopedic medical device company with focus on arthroscopy
-
54/100
6th
Logo for Hubly
Hubly
2018, Chicago (United States), Seed
Developer of electrical bed system for intracranial access
$4.2M
52/100
7th
Logo for IntuiTap Medical
IntuiTap Medical
2016, Houston (United States), Series A
A handheld device that enables accurate spinal-needle placement for lumbar punctures
$5.5M
51/100
8th
Logo for Inion
Inion
1999, Tampere (Finland), Acquired
Manufacturing biodegradable and bioactive implants for Orthopaedic and dental applications
$34.3M
50/100
9th
Logo for Mizuho OSI
Mizuho OSI
1978, Union City (United States), Acquired
Developer of surgical tables and consumables
-
-
50/100
10th
Logo for Sonex Health
Sonex Health
2014, Rochester (United States), Series B
Innovating ultrasound-guided solutions to transform patient experience, improve safety, lower costs
$90M
50/100
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Looking for more details on CARLSMED's competitors? Click here to see the top ones

CARLSMED's Investments and acquisitions

CARLSMED has made no investments or acquisitions yet.

Reports related to CARLSMED

Here is the latest report on CARLSMED's sector:

News related to CARLSMED

lockFilter this list
Media has covered CARLSMED for a total of 9 events in the last 1 year, 5 of them have been about company updates and 2 about people movement.
•
•
Carlsmed, Inc. reports Q2 results (CARL:NASDAQ)Seeking Alpha•Aug 05, 2026•CARLSMED
•
Carlsmed Unveils Custom Cervical Plating TechBenzinga•Feb 19, 2026•CARLSMED
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FAQs about CARLSMED

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