ConforMIS Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 295

Employees

  • Latest Deal Type
  • M&A

ConforMIS General Information

Description

Conformis Inc is a United States-based medical technology company. It uses the iFit Image-to-Implant technology platform to develop, manufacture and sell joint replacement implants that are individually sized and shaped to fit each patient's anatomy. The company's iFit technology platform comprises three key elements which are iFit design, iFit printing, and iFit just-in-time delivery. It offers various partial and total knee replacement implants which include iTotal CR, iTotal PS, iDuo, and iUni. The company operates in the segment of the knee replacement market. Its total revenue is generated from the sale of its products to hospitals and other medical facilities. The majority of the company's revenue comes from the United States.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 600 Technology Park Drive
  • Billerica, MA 01821
  • United States
Primary Industry
Other Healthcare Services
Other Industries
Surgical Devices
Therapeutic Devices
Parent Company
Vertical(s)
Corporate Office
  • 600 Technology Park Drive
  • Billerica, MA 01821
  • United States

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ConforMIS Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
15. Merger/Acquisition 05-Sep-2023 Completed Generating Revenue/Not Profitable
14. 2PO 16-Feb-2021 Completed Generating Revenue
13. Leveraged Recapitalization 26-Jun-2019 Completed Generating Revenue/Not Profitable
12. Secondary Transaction - Open Market Completed Generating Revenue
11. Secondary Transaction - Open Market Completed Generating Revenue
10. Secondary Transaction - Open Market 15-Mar-2017 Completed Generating Revenue
9. IPO 01-Jul-2015 Completed Generating Revenue
8. Later Stage VC (Series E) 05-Aug-2013 Completed Generating Revenue
7. Debt - General 12-Jul-2011 $1.4M $122M Completed Generating Revenue
6. Later Stage VC 05-Aug-2010 $10M $121M Completed Generating Revenue
To view ConforMIS’s complete valuation and funding history, request access »

ConforMIS Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series E2
Series E1
Series D
Series C
Series B 4,469,349 $0.000010 $2.69 $2.69 1x $2.69 5.59%
Series A 3,410,278 $0.000010 $1 $1 1x $1 4.26%
To view ConforMIS’s complete cap table history, request access »

ConforMIS Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Conformis Inc is a United States-based medical technology company. It uses the iFit Image-to-Implant technology platform
Other Healthcare Services
Billerica, MA
295 As of 2022

Birmingham, AL
 

Minneapolis, MN
 
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ConforMIS Competitors (6)

One of ConforMIS’s 6 competitors is BioHorizons, a Formerly PE-Backed company based in Birmingham, AL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BioHorizons Formerly PE-Backed Birmingham, AL
Medtronic Corporation Minneapolis, MN
Integra Lifesciences Corporation Princeton, NJ
SeaSpine Holdings Corporate Backed or Acquired Carlsbad, CA
Zimmer Biomet Holdings Corporation Warsaw, IN
To view ConforMIS’s complete competitors history, request access »

ConforMIS Patents

ConforMIS Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20180028325-A1 Posterior-stabilized knee implants, designs and related methods and tools Inactive 17-Sep-2014
US-20170249440-A1 3d printing surgical repair systems Inactive 15-Sep-2014
US-20150250552-A1 Advanced methods of modeling knee joint kinematics and designing surgical repair systems Inactive 08-Feb-2014
US-10588639-B2 Spring-fit surgical guides Active 23-Jan-2014
EP-3096693-A1 Spring-fit surgical guides Inactive 23-Jan-2014 A61B17/15
To view ConforMIS’s complete patent history, request access »

ConforMIS Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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ConforMIS Former Investors (20)

Investor Name Investor Type Holding Investor Since Participating Rounds
AGC Equity Partners Asset Manager Minority
Axel Johnson Holding Company Minority
Boston Life Science Venture Venture Capital Minority
CDIB BioScience Venture Management Venture Capital Minority
Calibrium (Zurich) Family Office Minority
You’re viewing 5 of 20 investors. Get the full list »

ConforMIS Investments & Acquisitions (2)

ConforMIS’s most recent deal was a Merger/Acquisition with Broad Peak Manufacturing for . The deal was made on 09-Aug-2017.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Broad Peak Manufacturing 09-Aug-2017 Merger/Acquisition Therapeutic Devices
Broad Peak Manufacturing (Polishing & Machining Assets) 09-Aug-2017 Corporate Asset Purchase Buildings and Property
To view ConforMIS’s complete investments and acquisitions history, request access »

ConforMIS ESG

Risk Overview

Risk Rating

Updated July, 22, 2020

40.02 | Severe Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 13,035

Rank

Percentile

Healthcare

Industry

of 521

Rank

Percentile

Medical Devices

Subindustry

of 163

Rank

Percentile

To view ConforMIS’s complete esg history, request access »

ConforMIS FAQs

  • When was ConforMIS founded?

    ConforMIS was founded in 2004.

  • Where is ConforMIS headquartered?

    ConforMIS is headquartered in Billerica, MA.

  • What is the size of ConforMIS?

    ConforMIS has 295 total employees.

  • What industry is ConforMIS in?

    ConforMIS’s primary industry is Other Healthcare Services.

  • Is ConforMIS a private or public company?

    ConforMIS is a Private company.

  • What is ConforMIS’s current revenue?

    The current revenue for ConforMIS is .

  • How much funding has ConforMIS raised over time?

    ConforMIS has raised $460M.

  • Who are ConforMIS’s investors?

    AGC Equity Partners, Axel Johnson, Boston Life Science Venture, CDIB BioScience Venture Management, and Calibrium (Zurich) are 5 of 20 investors who have invested in ConforMIS.

  • Who are ConforMIS’s competitors?

    BioHorizons, Medtronic, Integra Lifesciences, SeaSpine Holdings, and Zimmer Biomet Holdings are some of the 6 competitors of ConforMIS.

  • When was ConforMIS acquired?

    ConforMIS was acquired on 05-Sep-2023.

  • Who acquired ConforMIS?

    ConforMIS was acquired by restor3d.

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