CARLSMED
PublicLast Round
IPO Announced
Jul 22, 2025
Est. Valuation
$397.7M
Total Funding Raised
$207.5M
Company Overview
Carlsmed is a healthcare technology company that develops spinal implant devices and medical systems aimed at enhancing surgical outcomes and reducing healthcare costs for spine surgery.
Sector
Medical Devices
Verticals
Artificial Intelligence & Machine Learning, HealthTech, Life Sciences
AI Layer
Application
Keywords
personalized spine surgerypatient-specific implants3D-printed spinal implantsAI-driven spine surgeryspinal fusioncustom implantssurgical planning softwaremedtechmedical deviceAI medical imagingcervical fusionadditive manufacturingadult spinal deformityFDA breakthrough deviceNew Technology Add-On PaymentNTAP
CARLSMED Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
CARLSMED Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| IPO Announced | Jul 22, 2025 | ||||
| Series C Extension | Feb 1, 2025 | ||||
| Series C | Mar 18, 2024 | ||||
| Series B | Apr 19, 2022 | ||||
| Series A | Dec 16, 2020 | ||||
Seed | Jun 23, 2020 |
Key People
Founding team and executive leadership
CARLSMED Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| The Vertical Group | Series B, Series A |
| B Capital Group | Series C |
| Device of Tomorrow Capital | Seed |
| Cove Fund | Seed, Series B, Series A |
| U.S. Venture Partners | Series C Extension, Series B, Series A, Series C |
| BofA Securities | IPO |
| B Capital Group | Series B |
CARLSMED Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Firmographic Details
HeadquartersCarlsbad, California
Employee Range131
Year Founded2018
Last FundingJul 22, 2025