When was CMR Surgical founded?

CMR Surgical was founded in 2014 and became a unicorn in 2021, reaching the milestone in 7 years. It raised its 1st funding round 2 years after its incorporation.

Where is CMR Surgical located?

CMR Surgical is headquartered in Cambridge, United Kingdom. It is registered at Unit 2, Crome Lea Business Park, Madingley Road, Cambridge, CB23 7PH, United Kingdom.

Which legal entities is CMR Surgical associated with?

CMR Surgical is associated with Cambridge Medical Robotics Limited and 2 others.

How many employees does CMR Surgical have?

As of Mar 31, 2026, the latest employee count at CMR Surgical is 646.

Is CMR Surgical a funded company?

CMR Surgical is a funded company, having raised a total of $1.32B across 8 funding rounds to date. The company's 1st funding round was a $20.3M Series A round, raised on Jul 15, 2016.

How much is CMR Surgical worth?

The latest valuation of CMR Surgical is $3B as of Jun 28, 2021.

When was the latest funding round of CMR Surgical?

CMR Surgical's latest funding was a $68.7M Conventional Debt round on Apr 02, 2025, with participation from 1 investor. Its primary sector is Surgical Instruments. In United Kingdom, the Surgical Instruments sector has seen $12.1M in funding in 2026 to date.

What is the annual revenue of CMR Surgical?

Annual revenue of CMR Surgical is £38.1M as on Dec 31, 2024.

Is CMR Surgical a Surgical Instruments company?

The primary sectors of CMR Surgical are Surgical Instruments and Professional Service Robots.

Where does CMR Surgical rank among its competitors?

CMR Surgical ranks 7th amongst 225 active competitors, of which 101 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was SS Innovations International, which secured $18.6M in Mar, 2026.

Who are the top competitors of CMR Surgical?

CMR Surgical's top competitors include Intuitive, Brainlab and PROCEPT BioRobotics. Among them, SS Innovations International secured the most recent funding round in March, 2026.

CMR Surgical - 2026 Company Profile, Team, Funding, Competitors & Financials

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

Provider 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
Social
Email ID: *****@cmrsurgical.com
Phone Number: +44 **********
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

$1.32B in 8 rounds

Latest Funding Round

Conventional Debt, Apr 02, 2025, $68.7M

Post Money Valuation

$3B as on Jun 28, 2021

Investors

LGT Capital Partners & 38 more

Ranked

7^th among 225 active competitors

Annual Revenue

£38.1M as on Dec 31, 2024

Employee Count

646 as on Mar 31, 2026

Similar Companies

Intuitive & 268 more

View CMR Surgical's full profile

CMR Surgical is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
Cmr Surgical India Private Limited CIN: U51909MH2019FTC433998 , India, Active	Jan 03, 2019	$11.3M (As on Mar 31, 2025)	47 (As on Dec 31, 2024)
Cambridge Medical Robotics Limited CIN: 8863657 , Germany, Active	Jan 26, 2014	$600K (As on Dec 31, 2019)	545 (As on Jan 31, 2020)
Cmr Surgical Limited CIN: 8863657 , United Kingdom, Active	Jan 26, 2014	$48.8M (As on Dec 31, 2024)	633 (As on Dec 31, 2024)

CMR Surgical has raised a total funding of $1.32B over 8 rounds. Its first funding round was on Jul 15, 2016. Its latest funding round was a Conventional Debt round on Apr 02, 2025 for $68.7M. 1 investor participated in its latest round. CMR Surgical has 38 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of CMR Surgical:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 02, 2025	$68.7M	Conventional Debt	-	-	-	Trinity Capital
Apr 02, 2025	$131M	Series D	-	-	-	SoftBank, Lightrock, Ally Bridge Group
Sep 20, 2023	$165M	Series D	-	-	-	Ally Bridge Group, Cambridge Innovation Capital, LGT Capital Partners, Lightrock, Railpen, SoftBank Vision Fund, Tencent, Watrium, SoftBank

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View details of CMR Surgical's funding rounds and investors

The founders of CMR Surgical are Martin Frost, Keith Marshall, Mark Slack and Luke Hares.

Here are the details of CMR Surgical's key team members:

Martin Frost: Former Co-Founder of CMR Surgical. They serve on the board of 1 company.
Keith Marshall: Former Co-Founder of CMR Surgical. They serve on the board of 1 company.
Mark Slack: Co-Founder & CMO of CMR Surgical.
Luke Hares: Co-Founder & CIO of CMR Surgical.

View details of CMR Surgical's Founder profiles and Board Members

CMR Surgical's employee count trend

CMR Surgical has 646 employees as of Mar 26. Here is CMR Surgical's employee count trend over the years:

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Top competitors of CMR Surgical include Intuitive, Brainlab and PROCEPT BioRobotics. 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	Intuitive 1995, Sunnyvale (United States), Public	Developer of robotic-assisted surgical systems	$17M	Gershon Capital, ELM Responsible Investments ... & 11 others	81/100
2nd	Brainlab 1989, Munich (Germany), Series B	Software and integrated solutions for surgical and radiotherapy applications	$12.7M	EMH Partners, Intel Capital & 3 others	75/100
3rd	PROCEPT BioRobotics 2009, Redwood City (United States), Public	Developer of a therapeutic device for benign prostatic hyperplasia	$349M	Fidelity Investments, Viking Global Investors ... & 5 others	71/100
4th	Medical Microinstruments 2015, Calci (Italy), Series C	Provider of robotic platform using micro instruments for surgery	$210M	Fidelity Investments, Deerfield & 11 others	70/100
5th	Robocath 2009, Rouen (France), Acquired	Developer of robotic solutions to treat cardiovascular diseases	$57.9M	GO CAPITAL, M Capital & 18 others	65/100
6th	eCential Robotics 2009, Gieres (France), Series C	Developer of robotic surgery platform combining imaging, navigation, and robotic assistance	$134M	Bpifrance, Caisse D Epargne & 7 others	65/100
7th	CMR Surgical 2014, Cambridge (United Kingdom), Series D	Provider of collaborative surgical robotic systems	$1.32B	LGT Capital Partners, SoftBank Vision Fund ... & 37 others	65/100
8th	ForSight Robotics 2020, Yokneam Illit (Israel), Series B	Provider of an AI-based ophthalmic surgical robot for healthcare professionals	$195M	Eclipse, Mithril & 6 others	64/100
9th	SS Innovations International 2015, Gurugram (India), Seed	Developer of healthcare professional robots	$2.45M	Yijing Capital, ZSVC & 4 others	63/100
10th	Neocis 2012, Miami (United States), Series D	Provider of robotic guidance system for dental surgeries	$179M	DFJ Growth, Mirae Asset & 12 others	63/100