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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.
Social
X
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
Investors
Ranked
Annual Revenue
£10M - £50M as on Dec 31, 2024
Employee Count
672 as on Jul 31, 2026
Similar Companies
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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:lockFilter this list
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
-
-
-
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CMR Surgical's founders and board of directors

Founder? Claim Profile
The 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:

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

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:
Employee count trend for CMR Surgical
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Intuitive
Intuitive
1995, Sunnyvale (United States), Public
Developer of robotic-assisted surgical systems
$17M
80/100
2nd
Logo for Brainlab
Brainlab
1989, Munich (Germany), Series B
Software and integrated solutions for surgical and radiotherapy applications
$12.7M
74/100
3rd
Logo for Medical Microinstruments
Medical Microinstruments
2015, Calci (Italy), Series C
Provider of robotic platform using micro instruments for surgery
$210M
70/100
4th
Logo for PROCEPT BioRobotics
PROCEPT BioRobotics
2009, Redwood City (United States), Public
Developer of a therapeutic device for benign prostatic hyperplasia
$349M
70/100
5th
Logo for Vicarious Surgical
Vicarious Surgical
2014, Boston (United States), Public
Provider of VR-based surgical robotic system for physicians
$43.2M
66/100
6th
Logo for eCential Robotics
eCential Robotics
2009, Gieres (France), Series C
Developer of robotic surgery platform combining imaging, navigation, and robotic assistance
$134M
65/100
7th
Logo for CMR Surgical
CMR Surgical
2014, Cambridge (United Kingdom), Series D
Developer of collaborative surgical robotic systems
$1.28B
65/100
8th
Logo for Stereotaxis
Stereotaxis
1990, St. Louis (United States), Public
Surgical robotics company advancing minimally invasive endovascular intervention for improved patient care
$52M
64/100
9th
Logo for Neocis
Neocis
2012, Miami (United States), Series D
Provider of robotic guidance system for dental surgeries
$179M
63/100
10th
Logo for Robocath
Robocath
2009, Rouen (France), Acquired
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

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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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FAQs about CMR Surgical

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