Carlsmed Raises $30M for Series B Funding

Carlsmed

Series B funding of $30 million was raised by Carlsmed, a Carlsbad-based spine surgery company.

Capital Group was the leader of the round, with participation by U.S. Venture Partners (The Vertical Group), Cove Fund, Wavemaker Three-Sixty Health, and Wavemaker Three-Sixty Health. Carlsmed announced today that Robert Mittendorff MD MBA, General Partner and Head, Healthcare, at B Capital Group, has joined its Board. Widya Mulyasasmita (Ph.D.) Senior Principal at B Capital Group will join the Board as an observer.

The funds will be used by the company to accelerate the commercialization and sale of aprevo®, Carlsmed’s FDA-cleared personalized surgical devices.

Carlsmed is led by Mike Cordonnier, CEO. He uses proprietary digital technology and patient data to create an aprevo® Devices that are customized to improve the quality of surgical care for adults with spinal malalignment.

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