AugMedics

Company Overview

Snapshot

Founded in August 2014 by Nissan Elimelech, AugMedics operates with 51–200 employees. The company has raised $145 million across 6 funding rounds from 13 investors. In June 2023, AugMedics secured an advance for spinal surgery navigation using AR and AI, led by CPMG.

Business overview

AugMedics is a pioneer in augmented reality surgical navigation, developing cutting-edge AR technologies to enhance surgical outcomes. The company's core product, the FDA-cleared Xvision system, provides surgeons with augmented reality guidance, allowing them to visualize patient anatomy through tissue as if using X-ray vision. This technology enables precise navigation of instruments and implants during spinal procedures, serving the healthcare and medical devices industries.

Strategic signal

In February 2026, VB Spine announced its intent to acquire the exclusive rights to AugMedics' xvision Spine System, with the FDA clearing AugMedics' AR headset for use with the system in March 2026. This indicates a significant strategic shift for AugMedics, potentially validating its technology through a major acquisition and expanding the reach of its AR surgical guidance system within the spine surgery market.

Company Intelligence Q&A

What is AugMedics' primary product?

AugMedics' primary product is xvision, an FDA-cleared augmented reality surgical guidance system that enables surgeons to visualize patient anatomy and navigate instruments during spinal procedures.

When did AugMedics receive FDA clearance for its xvision system?

AugMedics announced FDA 510K clearance and the U.S. launch of its xvision augmented reality guidance system for surgery in December 2019.

What was a significant recent development regarding AugMedics' xvision Spine System?

In February 2026, VB Spine announced its intent to acquire the exclusive rights to AugMedics’ xvision Spine System. This was followed by FDA clearance for AugMedics’ AR headset for use with the spine surgery system in March 2026.

When did AugMedics complete its first augmented reality spine surgery in the U.S.?

In June 2020, the first augmented reality spine surgery using the FDA-cleared AugMedics xvision Spine System was completed in the U.S.

What was AugMedics' most recent funding round?

In June 2023, AugMedics secured an advance for spinal surgery navigation using AR and AI. This funding round was led by CPMG.