OverviewSuggest Edit

CMR Surgical (formerly known as Cambridge Medical Robotics) is a surgical robotics company that develops the universal robotic system for minimal access surgery. The company aims to make minimal access surgery available to all by delivering a robotic tool that empowers surgeons and delivers value-driven outcomes for healthcare providers.

TypePrivate
Founded2014
HQCambridge, GB
Websitecmrsurgical.com
Employee Ratings5

Latest Updates

Employees (est.) (Sept 2020)432(+2%)
Cybersecurity ratingAMore

Key People/Management at CMR Surgical

Per Vegard Nerseth

Per Vegard Nerseth

Chief Executive Officer
Luke Hares

Luke Hares

Chief Technology Officer
Keith Marshall

Keith Marshall

Engineering Director
Becs Herd

Becs Herd

Chief People Officer
Kelly Londy

Kelly Londy

Non-Executive Director
Martin Frost

Martin Frost

Director and Co-Founder
Show more

CMR Surgical Office Locations

CMR Surgical has an office in Cambridge
Cambridge, GB (HQ)
Milton Rd, Impington
Cambridge, GB
Unit 2, Crome Lea Business Park, Madingley Rd
Show all (2)

CMR Surgical Financials and Metrics

Summary Metrics

Founding Date

2014

CMR Surgical total Funding

$384.8 m

CMR Surgical latest funding size

$240 m

Time since last funding

a year ago

CMR Surgical investors

CMR Surgical's latest funding round in September 2019 was reported to be $240 m. In total, CMR Surgical has raised $384.8 m. CMR Surgical's latest valuation is reported to be £1 b.
View all funding rounds

CMR Surgical Revenue

GBP

Net income (FY, 2017)

(7.7m)

EBITDA (FY, 2017)

(9.6m)

EBIT (FY, 2017)

(10.0m)

Market valuation

1.0b

Cash (31-Dec-2018)

38.9m

EV

961.1m
GBPFY, 2014FY, 2015FY, 2016FY, 2017

EBITDA

(3.6m)(6.3m)(9.6m)

EBIT

(1.3m)(3.7m)(6.5m)(10.0m)

Pre tax profit

(1.4m)(3.9m)(6.9m)(11.3m)

Income tax expense

285.0k858.0k1.5m3.6m
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

497.0k122.0k3.4m9.9m38.9m

Inventories

854.0k1.5m

Current Assets

867.0k1.4m5.4m16.7m49.0m

PP&E

282.0k390.0k511.0k926.0k2.1m
GBPFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(1.1m)(3.1m)(5.3m)(7.7m)

Cash From Operating Activities

(1.3m)(3.1m)(5.4m)(7.9m)

Cash From Financing Activities

2.1m3.1m9.4m24.2m

Net Change in Cash

497.0k(375.0k)3.3m6.4m
GBPFY, 2014

Financial Leverage

-1.2 x
Show all financial metrics

CMR Surgical Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

CMR Surgical Online and Social Media Presence

Embed Graph

CMR Surgical News and Updates

CMR Surgical: Versius Surgical Robotic System launched in France as CMR Surgical extends global footprint

Versius Surgical Robotic System launched in France as CMR Surgical extends global footprint

CMR Surgical Limited rakes in $240 mln

UK-based CMR Surgical Limited, a maker of a next-generation surgical robotic system, has raised $240 million in funding. The investors included LGT, Escala Capital Investments, Cambridge Innovation Capital, Watrium and Zhejiang Silk Road Fund.

CMR Surgical and LifeHealthcare partner to bring Versius to Australia

Versius®, a next-generation Surgical Robotic System is expected to launch across Australia and New Zealand following the completion of regulatory processes.read more

CMR Surgical Frequently Asked Questions

  • When was CMR Surgical founded?

    CMR Surgical was founded in 2014.

  • Who are CMR Surgical key executives?

    CMR Surgical's key executives are Per Vegard Nerseth, Luke Hares and Keith Marshall.

  • How many employees does CMR Surgical have?

    CMR Surgical has 432 employees.

  • Who are CMR Surgical competitors?

    Competitors of CMR Surgical include Medrobotics, Medtronic and Verb Surgical.

  • Where is CMR Surgical headquarters?

    CMR Surgical headquarters is located at Milton Rd, Impington, Cambridge.

  • Where are CMR Surgical offices?

    CMR Surgical has an office in Cambridge.

  • How many offices does CMR Surgical have?

    CMR Surgical has 2 offices.