Augmedics revenue hit $33.2M in 2024

Augmedics generates revenue from customers

Augmedics

Arlington Heights, Illinois, United States

About Company RevenueTeamFounder/CEOCEO Net Worth

How Augmedics hit $33.2M revenue with a 135 person team in 2023.

Augmedics develops xvision™ – an Augmented Reality (AR) Head-Mounted Display designed specifically for spine surgery. The xvision system empowers surgeons to visualize a patient's anatomy through skin and tissue as if they possessed "X-Ray Vision." Leveraging Augmedics' patented technology, xvision can accurately project the patient's anatomy, in real time, directly onto the surgeon's retina, offering precise guidance, exceptional depth perception, and a significant enhancement in surgical accuracy. This futuristic approach aims to heighten safety during surgeries, minimize X-ray radiation exposure, and promote the adoption of minimally invasive procedures. The xvision system ensures surgeons maintain an unobstructed view of their surgical instruments and the operation site throughout the procedure. It integrates advanced tracking algorithms, hardware, software, an image data merging unit, and specialized instruments to provide a secure and clear navigational aid during both significant and minor surgical interventions. Surgeons utilizing xvision benefit from unprecedented close-up insights into anatomical structures along the surgical pathway, applicable in both open and percutaneous (minimally invasive) procedures. This revolutionary system allows surgeons to concentrate on the internal view of a patient's anatomy, eliminating the need to divert their gaze to an external monitor, thus reducing distractions and enhancing the precision of the surgery. Moreover, xvision is equipped with an extensive array of sensors that gather surgical data in real-time. When interfaced with a comprehensive big data analytics platform, this information is processed using advanced deep learning algorithms. The system is capable of generating alerts and providing recommendations, thereby offering invaluable assistance to the surgical team during operations. This seamless integration of AR technology, data analytics, and machine learning in the xvision system represents a significant leap forward in surgical practice, with the potential to revolutionize patient care in spine surgery and beyond.

Founded

2014

Founded

Revenue

$33.2M

2023 Revenue

YOY

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YOY

Funding

$61.1M

Funding

Augmedics Revenue

In 2023, Augmedics revenue run rate hit $33.2M in revenue.

  • 2023

    Augmedics hit $33.2M in revenue in 2023

  • 2014

    Augmedics launched in 2014 with $0 revenue

Augmedics Funding History


No funding has been reported for Augmedics yet.

Team

Augmedics has 135 total employees.

DISTRIBUTION QTY
Total team size 135

Founder / CEO

Nissan Elimelech

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Customers

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Augmedics Executives

Name Position Working Email Personal Email
Nissan Elimelech CEO [email protected] -

Augmedics Employees

Name Position Working Email Personal Email
Nissan Elimelech CEO [email protected] -

Frequently Asked Questions about Augmedics

  • When was Augmedics founded?

    Augmedics was founded in 2014.

  • How much revenue does Augmedics generate?

    Augmedics generates $33.2M in revenue.

  • Who is the CEO of Augmedics

    The CEO of Augmedics is Nissan Elimelech.

  • How much funding does Augmedics have?

    Augmedics raised $61.1M.

  • How many employees does Augmedics have?

    Augmedics has 135 employees.

  • Where is Augmedics headquarters?

    Augmedics is headquartered at Arlington Heights, Illinois, United States

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