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.
- Website
- carlsmed.com
- 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
Ranked
2nd among 212 active competitors
Employee Count
150 as on Aug 31, 2026
Exit Details
Public
Legal entities associated with CARLSMED
CARLSMED is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Carlsmed, Inc. CIN: 83-1081863 , United States, Active | Jun 03, 2018 | - | 59 (As on Dec 31, 2023) | - |
CARLSMED's IPO details
CARLSMED got listed on Jul 23, 2025.
Click here to take a look at CARLSMED's IPO in detail
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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:
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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 |
View details of CARLSMED's funding rounds and investors
CARLSMED's founders and board of directors
Founder? Claim ProfileThe 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:
- Niall Casey: Co-Founder & CTO of CARLSMED. They serve on the board of 1 company.
- Mike Cordonnier: Co-Founder & CEO of CARLSMED.
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 | |
wduyiiu | Independent board member | - | Current | 1y 8m |
utiyifk | Independent board member | - | Current | 7y 1m |
lwx{irq | Independent board member | - | Current | 2y 7m |
pcr{jbt | Independent board member | - | Current | 2y 7m |
kuvbmza | Independent board member | - | Current | 1y 7m |
ygzsyzj | Independent board member | - | Current | 4y 5m |
jqtkkp{ | Independent board member | - | Current | 5y 8m |
wlyutru | Independent board member | - | Current | 9y 4m |
ukwtrcd | Independent board member | - | Current | 5y 2m |
uairfyu | Independent board member | - | Current | 6y 9m |
amtukzc | Independent board member | - | Current | 3y 4m |
khfet{h | Independent board member | - | Current | 3y 9m |
rvszrb{ | Independent board member | - | Current | 5y 3m |
nya{azo | Independent board member | - | Current | 8y 9m |
ji{btfr | Independent board member | - | Current | 4y 1m |
View details of CARLSMED's Founder profiles and Board Members
CARLSMED's employee count trend
CARLSMED has 150 employees as of Aug 26. Here is CARLSMED's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | NuVasive 1997, San Diego (United States), Acquired | Developer of smart surgical devices for spinal surgery | $54.1M | 64/100 | |
2nd | CARLSMED 2018, San Diego (United States), Public | Developer of devices for spine surgery | $110M | 61/100 | |
3rd | Orthofix 1980, Lewisville (United States), Public | Developer of reconstructive and regenerative solutions for bone-related conditions | - | - | 59/100 |
4th | OSSTEC 2021, London (United Kingdom), Series A | Developer of regenerative orthopedic implants | $4.68M | 56/100 | |
5th | Arthrex 1981, Naples (United States), Funding Raised | Orthopedic medical device company with focus on arthroscopy | - | 54/100 | |
6th | Hubly 2018, Chicago (United States), Seed | Developer of electrical bed system for intracranial access | $4.2M | 52/100 | |
7th | 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 | Manufacturing biodegradable and bioactive implants for Orthopaedic and dental applications | $34.3M | 50/100 | ||
9th | Mizuho OSI 1978, Union City (United States), Acquired | Developer of surgical tables and consumables | - | - | 50/100 |
10th | Sonex Health 2014, Rochester (United States), Series B | Innovating ultrasound-guided solutions to transform patient experience, improve safety, lower costs | $90M | 50/100 |
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
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.
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Carlsmed appoints new CFO, reaffirms 2026 revenue outlook (NASDAQ:CARL)Seeking Alpha•Sep 28, 2026•CARLSMED
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Carlsmed Files Patent Infringement Lawsuit Against DeGen MedicalGlobeNewswire•Sep 16, 2026•Degen Medical, CARLSMED
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Carlsmed outlines $74M-$78M 2026 revenue outlook as CMS finalizes new aprevo lumbar MS-DRGs effective October 1 (NASDAQ:CARL)Seeking Alpha•Aug 06, 2026•CARLSMED
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Carlsmed Announces First Surgery with aprevo Lumbar Bi-lateral SystemOrthopedics•Feb 10, 2026•CARLSMED
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Carlsmed Launches aprevo Tech for Cervical Fusion Surgeries in USGlobeNewswire•Dec 03, 2025•CARLSMED
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Carlsmed Appoints Jennifer Kamocsay as Chief Legal Officer and SecretaryOrthopedics•Sep 30, 2025•CARLSMED
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