Carlsmed, Inc. (CARL)
Carlsmed will go public soon. The estimated IPO date is July 23, 2025.
IPO Price Range
$14.00 - $16.00
Shares Offered
6,700,000
Deal Size
$100.50M

Company Description

Carlsmed is a commercial-stage medical technology company pioneering AI-enabled personalized spine surgery solutions with a mission to improve outcomes and decrease the cost of healthcare for spine surgery and beyond.

We are focused on becoming the standard of care for spine fusion surgery. The aprevo Technology Platform consists of artificial intelligence-enabled software solutions, and interbody implants that we custom design for each patient’s unique pathology and vertebral bone topography, and single-use surgical instruments (the “aprevo Technology Platform”).

The aprevo Technology Platform was designed to address the limitations of traditional spine fusion surgery and aims to optimize patient outcomes and reduce the need for revision surgeries.

By providing personalized surgical plans and interbody implants for custom vertebral fit that are powered by AI-enabled, outcomes-based algorithms, the aprevo Technology Platform supports surgeons in achieving proper spinal alignment for patients with degenerative disc disease, which can improve clinical outcomes and reduce the likelihood of revision surgeries.

We currently market the aprevo Technology Platform for lumbar spine fusion surgery, and we are further developing the aprevo Technology Platform for use in cervical spine fusion surgeries, which we expect to commercialize in 2026.

Carlsmed, Inc.
CountryUnited States
Founded2018
IPO DateJul 23, 2025
IndustryMedical Devices
SectorHealthcare
Employees100
CEOMichael Cordonnier

Contact Details

Address:
1800 Aston Ave, Suite 100
Carlsbad, CA 92008
United States
Phone(760) 766-1923
Websitecarlsmed.com

Stock Details

Ticker SymbolCARL
ExchangeNASDAQ
Fiscal YearJanuary - December
Reporting CurrencyUSD
CIK Code0001794546
Employer ID83-1081863
SIC Code3841

Key Executives

NamePosition
Michael (Mike) CordonnierChairman, Chief Executive Officer, President, and Co-Founder
Leonard (Leo) GreensteinChief Financial Officer, Treasurer
William (Scott) DurallChief Commercial Officer
Niall CaseyCo-Founder, Chief Intellectual Property Officer, Secretary, Director
Jonathan (Jon) Root, M.D.Director
Robert Mittendorff, M.D.Director
Philip (Phil) YoungDirector
Kevin SidowDirector
Kevin O’BoyleDirector

Latest SEC Filings

DateTypeTitle
Jul 15, 2025S-1/A[Amend] General form for registration of securities under the Securities Act of 1933
Jun 26, 2025S-1General form for registration of securities under the Securities Act of 1933
May 30, 2025DRS/A[Amend] [Cover] Draft Registration Statement
Apr 24, 2025DRS[Cover] Draft Registration Statement
Feb 7, 2025D/AFiling
Mar 21, 2024DNotice of Exempt Offering of Securities
Apr 27, 2022DNotice of Exempt Offering of Securities
Dec 17, 2020DNotice of Exempt Offering of Securities
May 15, 2020D/AFiling
Nov 19, 2019DNotice of Exempt Offering of Securities