Globus Medical
Latest round
- Series E
Last raised
- Aug 2007
Total raised
- $110M
Investors
- 3
About Globus Medical
Globus Medical, Inc.Founded in 2003 in Audubon, US, Globus Medical, Inc. specializes in musculoskeletal solutions, with no significant business pivots noted. The company operates independently without a parent or subsidiary relationship. The firm was established by Narmada Ramakrishna, who has a history in the medical technology sector.Globus Medical specializes in innovative musculoskeletal solutions, primarily focused on enhancing surgical procedures through advanced technology. Their core product offerings include the Excelsius™ Technology ecosystem, which integrates robotic navigation and imaging systems to improve safety and efficiency in the operating room. The company’s spine procedure portfolio encompasses various solutions, including interbody spacers, fixation systems, and regenerative biologics tailored for diverse surgical techniques. Globus Medical also addresses orthopedic trauma through nailing and plating systems, alongside their joint reconstruction solutions for hip and knee surgeries, emphasizing patient care and clinical outcomes.In 2024, Globus Medical reported revenue of USD 2,519,355 and an EBITDA of USD 420,015. The company's revenue generation relies on direct sales to healthcare providers, hospitals, and surgical centers within the musculoskeletal sector, featuring a mixture of transaction structures. Globus Medical engages in B2B sales relationships, providing its surgical products and services through direct channels rather than retail or wholesale partnerships. Flagship products, such as the ExcelsiusGPS™ robotic navigation system and the XLIF™ minimally invasive spine surgical technique, are pivotal in their sales strategy, which involves bulk purchases and ongoing service agreements to ensure optimal usage and support.Globus Medical plans to leverage the proceeds from its IPO to support the development of new products and expansion into new markets. The company is aiming to innovate its product line, particularly focusing on enhancements to the Excelsius™ Technology ecosystem, with anticipated launches in the near future. Additionally, Globus Medical seeks to penetrate further into European and Asian healthcare markets by the end of 2025, increasing its global footprint.6 mn, will facilitate these initiatives and help broaden their operational capabilities.
Who invested in Globus Medical
3 investors across 1 round
See all investors in Globus Medical
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series E
Aug 23, 2007
Amount
$110M
Investors
Questions about Globus Medical
Who invested in Globus Medical?
Globus Medical has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Globus Medical raised?
Globus Medical has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Globus Medical last raise money?
Globus Medical's most recent round on record is a Series E, in Aug 2007.
What does Globus Medical do?
Globus Medical is a medical devices & equipment company.
Where is Globus Medical headquartered?
Globus Medical is headquartered in Audubon, US.
Which VCs invest in companies like Globus Medical?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Globus Medical's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series E
Raising like Globus Medical? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.