Augmedics
Augmedics is a medical device company that develops the FDA-cleared xvision Spine System, an augmented reality surgical navigation platform enabling spine surgeons to visualize 3D anatomy through an AR headset while operating, sold to hospitals and academic medical centers.
- Company typePrivate
- Founded2014
- HeadquartersArlington Heights, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Augmedics does
Augmedics is a privately held medical device company founded in 2014 and headquartered in Arlington Heights, Illinois, that develops augmented reality (AR) surgical navigation systems for spine surgery. Its flagship product, the xvision Spine System, is the first FDA-cleared (December 2019) AR guidance platform for surgery, consisting of proprietary headset hardware (including the next-generation X2 headset FDA-cleared in November 2025) and software that superimposes 3D anatomical data onto the surgeon's view of the operative field, eliminating the need to look away at distant screens. The system supports open, minimally invasive (MIS), and percutaneous spine procedures from C3 to the pelvis, and incorporates an AI-powered CT-Fluoro registration method (FDA-cleared November 2024) that allows navigation using preoperative CT scans paired with standard 2D C-arm fluoroscopy, bypassing the need for expensive 3D intraoperative imaging. Reported clinical outcomes include 11,746+ patients treated and 64,672+ screws navigated, with peer-reviewed pedicle screw placement accuracy of 89.5-100%.
The company operates a direct enterprise field sales model targeting hospitals and academic medical centers, including named adopters such as Johns Hopkins, Rush University Medical Center, UConn Health, Hospital for Special Surgery, Penn Medicine, and UC Davis Health. Revenue is generated primarily through capital equipment sales of the xvision hardware platform with multi-year service and support contracts, complemented by a Federal Supply Schedule contract with the Veterans Health Administration. Augmedics has raised approximately $141.8 million across four disclosed funding rounds (Series A $8.3M in 2017, Series B $15M in 2020, Series C $36M in 2021, Series D $82.5M in 2023) from investors including H.I.G. Capital, Revival Healthcare Capital, Evidity Health Capital, CPMG, Almeda Ventures, and HCA Healthcare. In a material strategic shift, CEO Paul Ziegler announced the company's exit from the spine market in January 2026, and VB Spine subsequently acquired exclusive rights to the xvision Spine System in April 2026, though Augmedics Inc. continues to operate as a corporate entity.
Augmedics firmographics
Firmographics- Name
- Augmedics
- Legal name
- Augmedics Inc.
- Website
- https://augmedics.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Augmedics is a medical device company that develops the FDA-cleared xvision Spine System, an augmented reality surgical navigation platform enabling spine surgeons to visualize 3D anatomy through an AR headset while operating, sold to hospitals and academic medical centers.
- Ownership category
- akta.pro rank
Augmedics industry classification
Industry- Product category
- Surgical Navigation and Imaging Equipment
- NAICS
- Surgical and Medical Instrument Manufacturing (339112), Surgical Appliance and Supplies Manufacturing (339113)
- SIC
- Surgical & Medical Instruments & Apparatus (3841), Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842), Electromedical & Electrotherapeutic Apparatus (3845)
- akta.pro primary industry
- Surgical Navigation, Tracking & Intraoperative Guidance (Ortho/Neuro/ENT) (HLAHADAG)
- akta.pro secondary industries
- Surgical Robotics & Computer-Assisted Surgery Platforms (HLAHADAF), Intraoperative Imaging & Guidance (C-arms, O-arm, IOUS, fluorescence) (HLAHADAH), Surgical Navigation, Robotics & Patient-Matched Instrumentation (Ortho/Spine) (HLAHAEAL)
Keywords
Where Augmedics is headquartered
LocationHeadquarters
- HQ city
- Arlington Heights
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Augmedics business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Operations, Others
Revenue model
- AR Surgical Navigation Hardware Systems: Sale of proprietary X2 headset and xvision Spine System hardware to hospitals and surgical centers. Capital equipment model with one-time hardware sales.
- Navigation Services and Support: Ongoing support, maintenance, and potentially software subscription services for the navigation platform.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise hospital systems - custom pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels8 records
Augmedics product offering
Product offeringCore offering
Augmedics develops and sells the xvision Spine System, an FDA-cleared augmented reality surgical navigation platform consisting of a proprietary AR headset (X2) and AI-enabled registration software. The system allows surgeons to visualize 3D patient anatomy directly in their line of sight during spine procedures, enabling image-guided pedicle screw placement for open, minimally invasive, and percutaneous cases from C3 to the pelvis. Revenue is generated through capital hardware sales plus recurring service and support to hospitals and surgical centers.
Product overview
Augmedics offers a unified augmented reality surgical navigation platform centered on the xvision Spine System. The core system comprises the FDA-cleared xvision software platform combined with dedicated AR headsets (first-generation and X2 next-generation). Add-on capabilities include CT-Fluoro registration enabling navigation off preoperative CT and standard 2D fluoroscopy. The platform enables surgeons to visualize patient anatomy in 3D through tissue during spine procedures, with the headset superimposing surgical data onto the operative field.
Differentiator
Problem solved
Functional benefit
Brands
- xvision Spine System: FDA-cleared augmented reality surgical navigation system for spine surgery, allowing surgeons to visualize patient anatomy in 3D while looking directly at the patient.
- X2
Products and services
- xvision Spine System FDA-cleared augmented reality surgical navigation system that allows surgeons to visualize patient anatomy in 3D while looking directly at the patient, providing x-ray vision during spine procedures. Supports navigation of instruments and implants for open, MIS, and percutaneous spine procedures from C3 to pelvis. Sold as a platform to hospitals and academic medical centers.
- X2 AR Headset Next-generation AR headset purpose-built for surgery and use with the xvision Spine System. Offers an all-new form factor with detachable surgical-grade headlight, 100% increased field of view versus its predecessor, improved image resolution and brightness, and an ergonomic novel lens tilt enabling both standing and seated procedures. Sold to hospitals and surgical centers as the wearable component of the xvision platform.
- xvision AI Application AI-enabled software capability launched as part of the xvision platform in March 2023, expanding the system's indications and automated features for AR spine surgical navigation. Sold to hospitals and surgical centers as part of the xvision platform.
Quantifiable outcome
- 97-100% pedicle screw placement accuracy across multiple patient studies
- +4 more outcomes
Companies that use Augmedics
Customer profileNamed customers7 records
Segments1 record
Ideal customer profiles1 record
Augmedics technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature4 records
Augmedics partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered major and core.
- VB SpinemajorVB Spine LLC completed acquisition of exclusive rights to xvision Spine System from Augmedics in April 2026. The xvision system had been used in nearly 13,000 spinal procedures and is FDA-cleared for use in the US. VB Spine plans to operationalize and commercialize the platform. This transaction represents Augmedics' exit from the spine market following CEO Paul Ziegler's January 2026 announcement.
- SurgaligncoreAugmedics acquired digital health assets from Surgalign (including Holo Surgical) in 2023 to strengthen its AR/AI portfolio. The acquisition expanded Augmedics' intellectual property portfolio and digital health technology capabilities.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
Augmedics competitors and assessment
Company assessmentDirect peers
- Brainlab: Munich-based surgical navigation and digital OR platform company offering image-guided navigation systems used in spine, neurosurgery, and orthopedics. Direct competitor to xvision in surgical navigation with established hospital installed base.
- Globus Medical: Spine-focused medical device company with the ExcelsiusGPS robotic navigation platform — directly competes with Augmedics in spine surgical navigation and offers an integrated implant + robotics portfolio.
- NuVasive: Pure-play spine medical device company offering surgical solutions including navigation and Pulse platform. Direct competitor in spine surgery with overlapping customer base of hospital spine programs.
Broad incumbents
- Medtronic: Diversified medtech incumbent with the Mazor X spine robotics platform and StealthStation surgical navigation — broad incumbent competing in spine navigation/robotics with significantly larger R&D and commercial footprint.
- Stryker: Multi-specialty medtech incumbent with spine navigation (SpineMap) and surgical visualization offerings. Broad incumbent providing overlapping navigation capabilities as part of a much wider device portfolio.
- Zimmer Biomet: Diversified orthopedic medtech incumbent with the ROSA Spine robotic navigation platform. Broad incumbent overlapping in surgical navigation and robotic-assisted spine surgery.
Emerging players
- eCential Robotics: French surgical robotics company focused on spine navigation and robotic-assisted surgery; partnered with DePuy Synthes in 2024. Emerging player with partial overlap in spine AR/navigation that intersects with Augmedics' core capability.
- Proprio Vision: Seattle-based developer of an AI-enabled surgical visualization platform for spine and neurosurgery using light-field technology. Emerging player pursuing AR-style surgical guidance with a different technical approach but comparable end use case.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Augmedics social profiles
Digital presenceAugmedics compliance and trust
Trust signalCompliance2 records
Augmedics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Augmedics leadership team
Management profileNumber of profiles
Profiles10 records
Augmedics funding detail
Funding detailFunding overview
Funding rounds7 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Augmedics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Augmedics
What does Augmedics do?
Augmedics develops and sells the xvision Spine System, an FDA-cleared augmented reality surgical navigation platform consisting of a proprietary AR headset (X2) and AI-enabled registration software. The system allows surgeons to visualize 3D patient anatomy directly in their line of sight during spine procedures, enabling image-guided pedicle screw placement for open, minimally invasive, and percutaneous cases from C3 to the pelvis. Revenue is generated through capital hardware sales plus recurring service and support to hospitals and surgical centers.
Is Augmedics a public or private company?
Augmedics is a private company. It is classified as venture growth investor backed and is currently operating.
When was Augmedics founded?
Augmedics was founded in 2014. It employs 51 to 100 people.
Where is Augmedics based?
Augmedics is headquartered in Arlington Heights, United States, in the North America region.
How does Augmedics make money?
Two revenue lines are on record. AR Surgical Navigation Hardware Systems are the primary driver. The others are navigation Services and Support.
Who are Augmedics's main competitors?
Direct peers on record are Brainlab, Globus Medical and NuVasive. Broad incumbents are Medtronic, Stryker and Zimmer Biomet. Emerging players are eCential Robotics and Proprio Vision.
Does Augmedics have an API?
No public API is recorded for Augmedics.
What industry is Augmedics in?
Augmedics's product category is Surgical Navigation and Imaging Equipment. Its primary akta.pro industry code is HLAHADAG, Surgical Navigation, Tracking & Intraoperative Guidance (Ortho/Neuro/ENT), with a secondary code of HLAHADAF, Surgical Robotics & Computer-Assisted Surgery Platforms. Its NAICS code is 339112 and its SIC code is 3841.