When was CARLSMED founded?

CARLSMED was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is CARLSMED located?

CARLSMED is headquartered in San Diego, United States. It is registered at 1800 Aston Ave. Suite 100 Carlsbad, CA 92008.

Who is the current CEO of CARLSMED?

Mike Cordonnier of CARLSMED. They have also founded 1 company.

How many employees does CARLSMED have?

As of Sep 30, 2026, the latest employee count at CARLSMED is 154.

Is CARLSMED a funded company?

CARLSMED is a funded company, having raised a total of $110M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 05, 2019.

When was the latest funding round of CARLSMED?

CARLSMED's latest funding was a $***** Series C round on Mar 12, 2024, with participation from 2 investors.

Where does CARLSMED rank among its competitors?

CARLSMED ranks 2nd amongst 212 active competitors, of which 38 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was OSSTEC, which secured $3.2M in Apr, 2025.

Who are the top competitors of CARLSMED?

CARLSMED's top competitors include NuVasive, Orthofix and OSSTEC. Among them, OSSTEC secured the most recent funding round in April, 2025.

CARLSMED - 2026 Company Profile, Team, Funding & Competitors

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

Series C, Mar 12, 2024, $*****

Investors

USVP & 8 more

Ranked

2^nd among 212 active competitors

Employee Count

154 as on Sep 30, 2026

Similar Companies

NuVasive & 248 more

Exit Details

Public

View CARLSMED's full profile

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 got listed on Jul 23, 2025.

Click here to take a look at CARLSMED's IPO in detail

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 12, 2024	8724288	Series C	4532302	4271121	3311385	7220505
Apr 19, 2022	2887197	Series B	9071885	8834746	5091995	USVP & 3 more
Dec 16, 2020	2988964	Series A	9116023	7217773	USVP	The Vertical Group & 2 more

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View details of CARLSMED's funding rounds and investors

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:

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
Niall Casey	Independent board member	-	Current	6y 10m
kcxvkcq	Independent board member	-	Current	5y 8m
sxwgjzt	Independent board member	-	Current	6y 8m
a{ytbph	Independent board member	-	Current	3y 7m
trkoiox	Independent board member	-	Current	9y 1m
qwhs{tx	Independent board member	-	Current	5y 4m
smjwvld	Independent board member	-	Current	9y 5m
wnrybdg	Independent board member	-	Current	1y 3m
yugbkir	Independent board member	-	Current	1y 9m
{djzups	Independent board member	-	Current	7y 2m
jaxm{ar	Independent board member	-	Current	6y 3m
dxaodyg	Independent board member	-	Current	7y 6m
ciexjib	Independent board member	-	Current	3y 6m
kxdrzii	Independent board member	-	Current	2y 9m
ckzfljb	Independent board member	-	Current	1y 8m
hmyayhe	Independent board member	-	Current	4y 2m

View details of CARLSMED's Founder profiles and Board Members

CARLSMED's employee count trend

CARLSMED has 154 employees as of Sep 26. Here is CARLSMED's employee count trend over the years:

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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	NuVasive 1997, San Diego (United States), Acquired	Developer of smart surgical devices for spinal surgery	$54.1M	Enterprise Partners Venture Capital, Domain Associates ... & 6 others	64/100
2nd	CARLSMED 2018, San Diego (United States), Public	Developer of devices for spine surgery	$110M	The Vertical Group, B Capital & 7 others	63/100
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	SFC Capital, Empirical Ventures & 10 others	56/100
5th	Arthrex 1981, Naples (United States), Funding Raised	Orthopedic medical device company with focus on arthroscopy	-	First Analysis	54/100
6th	Hubly 2018, Chicago (United States), Seed	Developer of electrical bed system for intracranial access	$4.2M	Alchemist Accelerator, First Fund & 9 others	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	Curate Capital, The Pink Ceiling & 3 others	51/100
8th	Inion 1999, Tampere (Finland), Acquired	Manufacturing biodegradable and bioactive implants for Orthopaedic and dental applications	$34.3M	Healthcap, Bio Fund Management & 3 others	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	Mayo Clinic Ventures, KCK MedTech & 3 others	50/100