Augmedics

Medical Devices & EquipmentSeries DArlington Heights, USaugmedics.com

Latest round

Series D

Last raised

Jun 2023

Total raised

$143M

Investors

9

About Augmedics

Founded in 2014, Augmedics, Inc. operates out of Arlington Heights, US, focusing on advanced surgical navigation solutions. The company was co-founded by Nessi Benishti and Nissan Elimelech.G. Capital and Revival Healthcare Capital.Augmedics focuses on revolutionizing spine surgery through its flagship product, the xvision Spine System, which employs augmented reality (AR) technology to enhance surgical navigation. This system allows surgeons to visualize 3D anatomical structures superimposed onto the patient while maintaining direct eye contact with the surgical field, thus enhancing accuracy, efficiency, and patient safety during a range of spinal operations.Augmedics generates revenue primarily through the sale and integration of its xvision Spine System into healthcare facilities, including installation and training services. This B2B model is structured to facilitate the adoption of advanced surgical technology by healthcare providers, enhancing the quality of patient care.5 mn, the company plans to utilize these resources to enhance its technology and support its expansion within the US market. Future growth strategies include developing new surgical products and entering additional geographic markets, although specific details on new product launches have yet to be disclosed.

Who invested in Augmedics

9 investors across 5 rounds

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Funding rounds

  1. Series D

    Jun 27, 2023

    Amount

    $83M

    Investors

    Locked

  2. Series C

    Mar 30, 2021

    Amount

    $36M

    Investors

    Locked

  3. Series B

    Jun 15, 2020

    Amount

    $15M

    Investors

    Locked

  4. Series A

    Sep 18, 2017

    Amount

    $8.3M

    Investors

    Locked

  5. Seed

    Jan 15, 2015

    Amount

    $1M

    Investors

    Locked

Questions about Augmedics

Who invested in Augmedics?

Augmedics has 9 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Augmedics raised?

Augmedics has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Augmedics last raise money?

Augmedics's most recent round on record is a Series D, in Jun 2023.

What does Augmedics do?

Founded in 2014, Augmedics, Inc.

Where is Augmedics headquartered?

Augmedics is headquartered in Arlington Heights, US.

Which VCs invest in companies like Augmedics?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Augmedics's stage. Their profiles are linked below.

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