When was Icotec founded?

Icotec was founded in 1992 and raised its 1st funding round 32 years after it was founded.

Where is Icotec located?

Icotec is headquartered in Altstatten, Switzerland. It is registered at In der Au 25, 61440 Oberursel.

How many employees does Icotec have?

As of Jul 16, 2025, the latest employee count at Icotec is 51 - 200.

Is Icotec a funded company?

Icotec is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Jan 24, 2024.

When was the latest funding round of Icotec?

Icotec's latest funding was a $***** Series B round on Jan 24, 2024, with participation from 1 investor.

Where does Icotec rank among its competitors?

Icotec ranks 31st amongst 241 active competitors, of which 58 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Spineology, which secured $8.76M in Nov, 2025.

Who are the top competitors of Icotec?

Icotec's top competitors include Si-Bone, Paradigm Spine and ATEC Spine. Among them, Spineology secured the most recent funding round in November, 2025.

Icotec - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of spinal implants for the treatment of spinal tumors and other indications. The company develops and manufactures innovative, high-stability implants from carbon-fiber-reinforced plastic for the operative treatment of tumor diseases of the spine. These implants, featuring the company's BlackArmor technology, are designed to enable a wide range of treatment modalities in adjuvant tumor therapy. Icotec has received FDA clearance for several of its implant systems, including the CMORE CT system and the VADER ONE pedicle screw system. The company's implants aim to provide a more effective and safe treatment option for patients with spinal tumors.

Website: www.icotec-medical.com/
Email ID: *****@icotec.ch
Phone Number: +41 **********
Registered Address: In der Au 25, 61440 Oberursel

Key Metrics

Founded Year

1992

Location

Altstatten, Switzerland

Stage

Series B

Total Funding

$30M in 1 round

Latest Funding Round

Series B, Jan 24, 2024, $*****

Investors

MVM

Ranked

31^st among 241 active competitors

Employee Count

51 - 200 as on Jul 16, 2025

Similar Companies

Si-Bone & 335 more

View Icotec's full profile

Icotec is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
icotec ag CIN: 461816 , Switzerland, Active	Jun 10, 2024	-	-	-
icotec Medical GmbH CIN: M1202_HRB12003 , Germany, Active	May 25, 2011	-	-

Icotec has raised a total funding of $30M over 1 round. Its latest funding round was a Series B round on Jan 24, 2024 for $*****. 1 investor participated in its latest round. Icotec has 1 institutional investor.

Here is the list of recent funding rounds of Icotec:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 24, 2024	2979961	Series B	6103426	6367837	7376473	5825741

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View details of Icotec's funding rounds and investors

Icotec's employee count trend

Icotec has 51 - 200 employees as of Jul 25. Here is Icotec's employee count trend over the years:

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Top competitors of Icotec include Si-Bone, Paradigm Spine and ATEC Spine. Here is the list of Top 10 competitors of Icotec, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Si-Bone 2008, San Jose (United States), Public	Titanium implant fixation system	$103M	Skyline Ventures, Arboretum Ventures & 10 others	64/100
2nd	Paradigm Spine 2005, New York City (United States), Acquired	Manufacturer of stabilization devices for the healthcare industry	$142M	Athyrium Capital Management, HealthCor Partners ... & 6 others	64/100
3rd	ATEC Spine 1990, San Diego (United States), Public	Developer of treatment solutions for spine disorders	-	Armistice Capital, Deerfield & 11 others	62/100
4th	LimiFlex 2008, San Carlos (United States), Series C	Developer of spinal implants for treating spinal stenosis	$25.3M	Scientific Health Development, Doorga & 2 others	61/100
5th	Accelus 2016, Palm Beach Gardens (United States), Series D	Provider of spine surgery robot systems for healthcare industries	$20.8M	Concord Health Partners, Symbiotic Capital ... & 3 others	60/100
6th	Spineart 2005, Plan les Ouates (Switzerland), Series B	Developer of orthopedic implants and minimally invasive instruments	$139M	Ernst Göhner, Gimv & 2 others	59/100
7th	Spineology 1997, St. Paul (Canada), Late Stage	Developer of minimally invasive spinal surgery devices	$75.7M	SV Health Investors, Groundswell Ventures ... & 6 others	58/100
8th	Companion Spine 2020, New York City (United States), Series A	Developer of medical devices for spine treatment and therapies	$68.6M	Viscogliosi Brothers, IRDI Capital Investissement ... & 2 others	55/100
9th	Aurora Spine 2012, San Diego (United States), Public	Minimally invasive spine and SI joint solutions improving patient lives	-	-	54/100
10th	MiRus 2015, Marietta (United States), Series C	Developer of rhenium-based implants for spine surgeries	$65M	Mammoth	53/100
31st	Icotec 1992, Altstatten (Switzerland), Series B	Provider of spinal implants for the treatment of spinal tumors and other indications	$30M	MVM	45/100