Titan Medical’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Titan Medical designs, develops and commercializes single-port robotic surgical systems for MIS applications. Read more

Titan Medical designs, develops and commercializes single-port robotic surgical systems for MIS applications. Read more

David J. McNally's photo - CEO of Titan Medical

CEO

David J. McNally

CEO Approval Rating

82/100

Founded:

2008

Status:

PublicTMX Group - Toronto Stock ExchangeTMD

TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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TransEnterix is a top competitor of Titan Medical. TransEnterix was founded in Morrisville, North Carolina} in 2006. TransEnterix competes in the Health Care Services industry. Compared to Titan Medical, TransEnterix generates $4M more revenue.

Medrobotics is Titan Medical's #2 competitor. Medrobotics is headquartered in Raynham, Massachusetts, and was founded in 2005. Medrobotics operates in the Health Care Technology industry. Medrobotics generates ∞% the revenue of Titan Medical.

Intuitive has been one of Titan Medical's top competitors. Intuitive is a Public company that was founded in 1995 in Sunnyvale, California. Like Titan Medical, Intuitive also competes in the Health Care Equipment industry. Compared to Titan Medical, Intuitive has 7,316 more employees.

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Quarterly and Annual Revenue

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Annual Revenue

Acquisitions

No recent acquisitions found related to Titan Medical

Titan Medical Funding History

$0$2.1M$3.4M$16M$51.1M$75.9M$77.1M$78.6M

Since Titan Medical was founded in 2008, it has participated in 12 rounds of funding. In total Titan Medical has raised $78.6M. Titan Medical's last funding round was on Apr 2020 for a total of $1.5M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Apr 2020
$1.5M
-
Private Placement
May 2018
$1.2M
-
Private Placement
Oct 2017
$23M
-
Equity
Oct 2017
$1.9M
-
Equity
May 2016
$16M
-

Total Funding: $78.6M

Since Titan Medical was founded in 2008, it has participated in 12 rounds of funding. In total Titan Medical has raised $78.6M. Titan Medical's last funding round was on Apr 2020 for a total of $1.5M

Investments

No recent investments found related to Titan Medical

Titan Medical News

September 22, 2020Medical Buyer

Titan Medical reveals new robotic surgical system brand identity

Titan Medical Inc., a medical device company focused on the design and development of robotic surgica... See more »
September 19, 2020The Robot Report

Titan Medical obtains robotic surgery patents for camera and gesture control

Titan Medical, which has been developing the Sport single-port robotic surgical system, has received ... See more »
September 14, 2020CFO Moves Canada

TMDI) announced its Chief Financial Officer (CFO) Stephen Randall will retire after more than 10 years with Titan.

Titan Medical Inc. [TORONTO] (TSX: TMD, NASDAQ: TMDI) announced its Chief Financial Officer (CFO) Ste... See more »
August 26, 2020MarketScreener

to Present at the LD 500 Virtual Conference

(marketscreener.com) Titan Medical Inc. to Present at the LD 500 Virtual Conference Aug 26, 2020 TORO... See more »
August 13, 2020Medical Buyer

Titan Medical reports second quarter 2020 financial results

Titan Medical Inc., a medical device company focused on the design and development of single-port rob... See more »
August 11, 2020Silicon Valley Daily

Titan Medical Confirms Receipt of Deficiency Notice From Nasdaq

TORONTO--(BUSINESS WIRE)--Titan Medical Inc. ("Titan" or the "Company") (TSX:TMD) (Nasdaq:TMDI), a me... See more »
July 27, 2020Drug Genius

Titan Medical to Present at the Society of Robotic Surgery 2020 World Robotic Symposium

TORONTO-(BUSINESS WIRE)-Titan Medical Inc. ("Titan" or the "Company") (TSX: TMD) (Nasdaq: TMDI), a me... See more »

Titan Medical Press Releases

July 14, 2020Business Wire

Titan Medical Issues Shareholder Update Letter

TORONTO--(BUSINESS WIRE)--Titan Medical Inc. ("Titan" or the "Company") (TSX: TMD) (Nasdaq: TMDI), a ... See more »
June 25, 2020Business Wire

Titan Medical Promotes Globally Recognized Intellectual Property Strategy Leader to Vice President and General Counsel

TORONTO--(BUSINESS WIRE)--Titan Medical Inc. ("Titan" or the "Company") (TSX: TMD) (Nasdaq: TMDI), a ... See more »
June 22, 2020Business Wire

Titan Medical Reports Full Compliance with Nasdaq Listing Criteria

TORONTO--(BUSINESS WIRE)--Titan Medical Inc. ("Titan" or the "Company") (TSX: TMD) (Nasdaq: TMDI), a ... See more »
June 9, 2020Business Wire

Titan Medical Announces Settlement of Pending Litigation With Naglreiter Consulting, LLC

TORONTO--(BUSINESS WIRE)--Titan Medical Inc. ("Titan" or "Titan Medical") (TSX:TMD) (Nasdaq:TMDI), a ... See more »
May 27, 2020Business Wire

Titan Medical Receives Nasdaq Delisting Notification and Discloses Plans for Appeal

TORONTO--(BUSINESS WIRE)--Titan Medical Inc. ("Titan" or the "Company") (TSX:TMD) (Nasdaq:TMDI), a me... See more »
December 4, 2019centralcharts

Titan Medical Confirms Receipt of Deficiency Notices From Nasdaq

Titan Medical Inc. ("Titan" or the "Company") (TSX: TMD) (Nasdaq: TMDI) , a medical device company fo... See more »
July 23, 2019Business Wire

Titan Medical a Letter to the Shareholders from the President and CEO

TORONTO--(BUSINESS WIRE)--Dear Titan Medical Shareholders, It is my pleasure to provide this mid-year... See more »

Titan Medical Videos

April 6, 2018Titan Medical Vimeo Channel

"Mimic Simulation Exercises on SPORT Surgical System" on VIMEO

Cast: Titan Medical Inc.... See more »
February 22, 2018Titan Medical Vimeo Channel

"Titan Medical - David McNally on The Big Biz Show 2-1-18" on VIMEO

Cast: Titan Medical Inc.... See more »
October 20, 2017Titan Medical Vimeo Channel

"David McNally Big Biz Interview - Oct 17 2017 - Part 2" on VIMEO

Cast: Titan Medical Inc.... See more »
September 22, 2017Titan Medical Vimeo Channel

"First Procedures with SPORT Surgical System - September - 2017" on VIMEO

First Procedures with SPORT Surgical System - September - 2017Cast: Titan Medical Inc.... See more »
August 30, 2017Titan Medical Vimeo Channel

"David McNally Big Biz Interview - Part 2" on VIMEO

Cast: Titan Medical Inc.... See more »

Headquarters

170 University Avenue Suite 1000

Toronto, OntarioM5H 3B3

416-548-7522

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Summary

ABOUT

Overview

Titan Medical designs, develops and commercializes single-port robotic surgical systems for MIS applications. Titan Medical was founded in 2008. Titan Medical's headquarters is located in Toronto, Ontario, CA M5H 3B3. It has raised 78.6M in 12 rounds....

CEO

Titan Medical's CEO, David J. McNally, currently has an approval rating of 82%. Titan Medical's primary competitors are TransEnterix, Medrobotics & Intuitive.

Website

titanmedicalinc.com

Frequently Asked Questions about Titan Medical

  1. When was Titan Medical founded?

    Titan Medical was founded in 2008
  2. Who is Titan Medical's CEO?

    Titan Medical's CEO is David J. McNally
  3. How much revenue does Titan Medical generate?

    Titan Medical generates $ < 1M in revenue
  4. How much funding does Titan Medical have?

    Titan Medical has historically raised $78.6M in funding
  1. Where is Titan Medical's headquarters?

    Titan Medical's headquarters is in Toronto Ontario, CA
  2. How many employees does Titan Medical have?

    Titan Medical has 10 employees
  3. What sector does Titan Medical operate in?

    Titan Medical is in Health Care Equipment
  4. Who are Titan Medical's competitors?

    Titan Medical's top competitors are TransEnterix, Medrobotics, Intuitive