Monogram Orthopaedics

Robotic System for Surgery

Company Information

Website:

https://www.monogramorthopedics.com/

Sector:

Medical Devices & Equipment

Location:

Austin, TX

Monogram Orthopaedics uses Artificial Intelligence, robotics, and 3D printing to enhance and improve joint-replacement surgeries.

Its system uses machine learning and 3D printing to create customized, patient-specific implants. By inserting the implants using advanced robotics and digital image algorithms, Monogram’s system achieves greater accuracy, stability, and fit than traditional methods.

Monogram’s system enables it to create custom implants at scale to target the high-volume joint replacement surgery market. There are more than 700,000 knee replacements and 300,000 hip replacement surgeries in the U.S. each year.

Notably, a company called Mako Surgical, which builds robotic arms that assist with surgical procedures, was acquired for $1.6 billion in 2013. Monogram’s Vice President of Engineering helped develop the technology behind those arms.

Team Background

Douglas Unis - Founder & Chief Medical Officer
Benjamin Sexson - Chief Executive Officer

Co-Investors

Raising
$34.9 million
Committed
$12.06 million (35%)
Current Valuation
$89.9 million
Min. Investment
$250
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $564K
    2017-12-14
    Unknown
  • $823K
    2018-12-21
    Unknown
  • $275K
    2018-12-20
    Unknown
Notable Investors
Learn more on Start Engine