Carlsmed Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Public

  • Employees
  • 145

Employees

  • Stock Symbol
  • CARL

Stock Symbol

  • Investments
  • 1

  • Share Price
  • $17.39
  • (As of Thursday Closing)

Carlsmed General Information

Description

Carlsmed Inc is a commercial-stage medical technology company focused on developing AI-enabled personalized solutions for spine surgery. The company operates as a single operating and reportable segment engaged in the design, manufacture, and marketing of its Aprevo technology platform, which provides customized surgical planning and implants for lumbar and cervical spine fusion procedures, mainly sold to hospitals and ambulatory surgical centers.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 1800 Aston Avenue
  • Suite 100
  • Carlsbad, CA 92008
  • United States
+1 (760)
Primary Industry
Surgical Devices
Other Industries
Other Healthcare Technology Systems
Stock Exchange
NAS
Corporate Office
  • 1800 Aston Avenue
  • Suite 100
  • Carlsbad, CA 92008
  • United States
+1 (760)

Carlsmed Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Carlsmed Stock Performance

As of 12-Nov-2026, Carlsmed’s stock price is $17.39. Its current market cap is $474M with 27.4M shares.

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$17.39 $18.60 $8.50 - $19.15 $474M 27.4M 116K -$1.48

Carlsmed Financials Summary

As of 30-Sep-2026, Carlsmed has a trailing 12-month revenue of $71.8M.

In Thousands,
USD
TTM 30-Sep-2026 FY 2025 31-Dec-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023
EV 316,843 230,663
Revenue 71,775 50,511 27,165 13,778
EBITDA (41,871) (30,621) (24,121) (18,455)
Net Income (40,064) (29,634) (24,257) (18,898)
Total Assets 115,270 130,120 51,824 14,024
Total Debt 21,785 17,414 17,180 11,387
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Carlsmed Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Carlsmed Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Carlsmed Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Carlsmed Inc is a commercial-stage medical technology company focused on developing AI-enabled personalized solutions fo
Surgical Devices
Carlsbad, CA
145 As of 2026

Naples, FL
 

Warsaw, IN
 
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Carlsmed Competitors (6)

One of Carlsmed’s 6 competitors is Arthrex, a Private Equity-Backed company based in Naples, FL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Arthrex Private Equity-Backed Naples, FL
OrthoPediatrics Formerly VC-backed Warsaw, IN
ChoiceSpine Private Equity-Backed Knoxville, TN
Medtronic Corporation Minneapolis, MN
Stryker Formerly VC-backed Portage, MI
To view Carlsmed’s complete competitors history, request access »

Carlsmed Patents

Carlsmed Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20260345245-A1 Techniques to map three-dimensional human anatomy data to two-dimensional human anatomy data Pending 13-Jul-2026
US-20260315117-A1 Patient-specific guides and implants with breakaway features Pending 03-Mar-2025
US-12514644-B1 Posterior fixation systems for spinal treatments Active 09-Jan-2025
US-20260191657-A1 Posterior fixation systems for spinal treatments Pending 09-Jan-2025
WO-2026151544-A1 Posterior fixation systems for spinal treatments Pending 09-Jan-2025 A61B34/10
To view Carlsmed’s complete patent history, request access »

Carlsmed Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Carlsmed Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Carlsmed Acquisitions (1)

Carlsmed’s most recent deal was a Merger/Acquisition with Precisive Surgical. The deal was made on 03-Jul-2019.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Precisive Surgical 03-Jul-2019 Merger/Acquisition Outcome Management (Healthcare)
To view Carlsmed’s complete acquisitions history, request access »

Carlsmed ESG

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

Rank

Percentile

Software & Services

Industry

Rank

Percentile

IT Consulting

Subindustry

Rank

Percentile

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

Carlsmed Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Precisive Surgical Seattle, WA

Carlsmed FAQs

  • When was Carlsmed founded?

    Carlsmed was founded in 2018.

  • Where is Carlsmed headquartered?

    Carlsmed is headquartered in Carlsbad, CA.

  • What is the size of Carlsmed?

    Carlsmed has 145 total employees.

  • What industry is Carlsmed in?

    Carlsmed’s primary industry is Surgical Devices.

  • Is Carlsmed a private or public company?

    Carlsmed is a Public company.

  • What is Carlsmed’s stock symbol?

    The ticker symbol for Carlsmed is CARL.

  • What is the current stock price of Carlsmed?

    As of 12-Nov-2026 the stock price of Carlsmed is $17.39.

  • What is the current market cap of Carlsmed?

    The current market capitalization of Carlsmed is $474M.

  • What is Carlsmed’s current revenue?

    The trailing twelve month revenue for Carlsmed is $71.8M.

  • Who are Carlsmed’s competitors?

    Arthrex, OrthoPediatrics, ChoiceSpine, Medtronic, and Stryker are some of the 6 competitors of Carlsmed.

  • What is Carlsmed’s annual earnings per share (EPS)?

    Carlsmed’s EPS for 12 months was -$1.48.

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