CMR Surgical - About the company
CMR Surgical is a series D company based in Cambridge (United Kingdom), founded in 2014 by Mark Slack, Luke Hares, Keith Marshall and Paul Roberts. It operates as a Developer of collaborative surgical robotic systems. CMR Surgical has raised $1.28B in funding from investors like Watrium, Ally Bridge Group and Escala Capital, with a current valuation of $3B. The company has 261 active competitors, including 107 funded and 32 that have exited. Its top competitors include companies like Intuitive, Brainlab and Medical Microinstruments.
Sectors and market segments that CMR Surgical operate in
CMR Surgical serves in the Life Sciences, High Tech market segments.The primary business model of CMR Surgical are:Company Details
Developer of collaborative surgical robotic systems. It offers Versius a small and modular surgical robot that enables all hospitals to offer robotic assisted surgery to the patients. It allow surgeons to design robotic techniques and incorporate laparoscopic equipment for certain parts of the treatment.
- Website
- cmrsurgical.com
- Email ID
- *****@cmrsurgical.com
- Registered Address
- Unit 2, Crome Lea Business Park, Madingley Road, Cambridge, CB23 7PH, United Kingdom
Key Metrics
Founded Year
2014
Location
Cambridge, United Kingdom
Stage
Series D
Total Funding
$1.28B in 8 rounds
Latest Funding Round
Post Money Valuation
$3B as on Jun 28, 2021
Ranked
7th among 261 active competitors
Annual Revenue
£10M - £50M as on Dec 31, 2024
Employee Count
672 as on Jul 31, 2026
Legal entities associated with CMR Surgical
CMR Surgical is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Cmr Surgical India Private Limited CIN: U51909MH2019FTC433998 , India, Active | Jan 03, 2019 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 29 (As on Mar 01, 2026) | |
Cambridge Medical Robotics Limited CIN: 8863657 , Germany, Active | Jan 26, 2014 | £0 - £1M (As on Dec 31, 2019) | 545 (As on Jan 31, 2020) | |
Cmr Surgical Limited CIN: 8863657 , United Kingdom, Active | Jan 26, 2014 | £10M - £50M (As on Dec 31, 2024) | 633 (As on Dec 31, 2024) |
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CMR Surgical's funding and investors
CMR Surgical has raised a total funding of $1.28B over 8 rounds. Its first funding round was on Jul 15, 2016. Its latest funding round was a Series D round on Apr 02, 2025 for $131M. 3 investors participated in its latest round. CMR Surgical has 39 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of CMR Surgical:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 02, 2025 | $131M | Series D | - | - | - | |
Apr 02, 2025 | $68.8M | Conventional Debt | - | - | - | |
Sep 20, 2023 | $165M | Series D | - | - | - |
View details of CMR Surgical's funding rounds and investors
CMR Surgical's founders and board of directors
Founder? Claim ProfileThe founders of CMR Surgical are Mark Slack, Luke Hares, Keith Marshall and Paul Roberts. Massimiliano Colella is the CEO of CMR Surgical.
Here are the details of CMR Surgical's key team members:
- Mark Slack: Co-Founder & Chief Medical Officer of CMR Surgical.
- Luke Hares: Co-Founder & CIO of CMR Surgical.
- Keith Marshall: Former Co-Founder of CMR Surgical.
- Paul Roberts: Former Co-Founder of CMR Surgical.
- Massimiliano Colella: CEO of CMR Surgical.
CMR Surgical's Board of Directors
CMR Surgical's board has 8 active members. Sakip Umur Hursever, Massimiliano Colella and Supratim Bose are part of team and Steven Plachtyna, Irackli Mtibelishvili, Catherine Moukheibir, John Cassidy and Moore Daniel Jeffrey are independent board members.Here is the list of CMR Surgical's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 1y 7m | |
Team | - | Current | 3y 1m | |
Investor | Lightrock | Current | 8y 2m | |
Independent board member | - | Current | 1y 9m | |
Independent board member | - | Current | 3y 9m | |
Independent board member | - | Current | 5y 7m | |
Independent board member | - | Current | 3y 9m | |
Independent board member | - | Current | 2y 0m |
View details of CMR Surgical's Founder profiles and Board Members
CMR Surgical's employee count trend
CMR Surgical has 672 employees as of Jul 26. Here is CMR Surgical's employee count trend over the years:
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CMR Surgical's Competitors and alternates
Top competitors of CMR Surgical include Intuitive, Brainlab and Medical Microinstruments. Here is the list of Top 10 competitors of CMR Surgical, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Intuitive 1995, Sunnyvale (United States), Public | Developer of robotic-assisted surgical systems | $17M | 80/100 | |
2nd | Software and integrated solutions for surgical and radiotherapy applications | $12.7M | 74/100 | ||
3rd | Medical Microinstruments 2015, Calci (Italy), Series C | Provider of robotic platform using micro instruments for surgery | $210M | 70/100 | |
4th | PROCEPT BioRobotics 2009, Redwood City (United States), Public | Developer of a therapeutic device for benign prostatic hyperplasia | $349M | 70/100 | |
5th | Vicarious Surgical 2014, Boston (United States), Public | Provider of VR-based surgical robotic system for physicians | $43.2M | 66/100 | |
6th | eCential Robotics 2009, Gieres (France), Series C | Developer of robotic surgery platform combining imaging, navigation, and robotic assistance | $134M | 65/100 | |
7th | CMR Surgical 2014, Cambridge (United Kingdom), Series D | Developer of collaborative surgical robotic systems | $1.28B | 65/100 | |
8th | Stereotaxis 1990, St. Louis (United States), Public | Surgical robotics company advancing minimally invasive endovascular intervention for improved patient care | $52M | 64/100 | |
9th | Neocis 2012, Miami (United States), Series D | Provider of robotic guidance system for dental surgeries | $179M | 63/100 | |
10th | Developer of robotic solutions to treat cardiovascular diseases | $57.9M | 62/100 |
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CMR Surgical's Investments and acquisitions
CMR Surgical has made no investments or acquisitions yet.
Reports related to CMR Surgical
Here is the latest report on CMR Surgical's sector:
News related to CMR Surgical
Media has covered CMR Surgical for a total of 9 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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CMR Surgical Submits 510(k) Application to U.S. FDA for Gynecology Use of Versius Plus™GlobeNewswire•Apr 29, 2026•CMR Surgical
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CMR Surgical Advances Physical AI to Support the Future of Robotic Surgery with NVIDIACMR Surgical•Mar 17, 2026•CMR Surgical
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Telexistence Selected for Physical AI Fellowship led by AWS, NVIDIA, and MassRoboticsKorea Newswire•Mar 13, 2026•Telexistence, Amazon Web Services, Nvidia, CMR Surgical and 1 other
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CMR Surgical Receives CE Mark for Versius in Paediatric SurgeryGlobeNewswire•Jan 08, 2026•CMR Surgical
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CMR Surgical receives FDA clearance for Versius Plus surgical robotThe Robot Report•Dec 18, 2025•CMR Surgical
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Becs Herd joins Forefront RF at Chief People OfficerForefront RF•Jun 17, 2025•Forefront RF, CMR Surgical
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CMR Surgical funding news - Cambridge-based CMR Surgical Secures Over €185 Million in FundingStartup Rise EU•Apr 02, 2025•CMR Surgical, Trinity Capital
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CMR Surgical secures more than $200M to accelerate growthGlobeNewswire•Apr 02, 2025•CMR Surgical, Trinity Capital, Armentum
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Trinity Capital provides $68.75M to CMR SurgicalSeeking Alpha•Apr 02, 2025•Trinity Capital, CMR Surgical
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