Summary
CoreSpine Technologies
Founded in 2005
Description
CoreSpine Technologies is focused on developing a proprietary platform technology to produce advanced surgical devices for the complete or selective removal of material from the lumbar disc space. The devices are intended for use in the rapidly emerging and changing field of spinal surgery, especially the therapies that seek to be either less or minimally invasive. The company's first device received 510(k) clearance to market from the FDA in April 2009. Several patents are pending in the U.S. and internationally. A dedicated, talented team of employees and advisors has helped the company continue to thrive in challenging times. In 2008, CoreSpine was selected from a field of 844 companies as the winner of the Minnesota Cup, a prestigious award recognizing breakthrough business ideas. CoreSpine Technologies is privately held and was formed in June 2005. The company is headquartered in Minneapolis, Minnesota.
Strengths
- Revenue generated per employee is greater than industry average
Weaknesses
- CoreSpine Technologies has a very small market share in their industry
- Revenue growth is less than the industry average
- The number of employees is not growing as fast as the industry average
- Variance of revenue growth is more than the industry average
- Since CoreSpine Technologies was founded, the company has experienced slower revenue growth than the industry average
Annual Revenue
CoreSpine Technologies's annual revenue
$977000
Based on Kona Equity data
-
Revenue per employee
$162833
-
Variance of revenue growth
0.53
-
Annual revenue growth since founding
$51421
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Revenue growth rate from first known quarter to current
-84.9%
Employee Count
6 employees
-
Employee growth rate from first known quarter to current
-84.8%
Executives
G Score - 1
The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.
- G2 Income per employee more than industry average.
Location
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Key Information
- Name: CoreSpine Technologies
- Category: Medical devices
- Industry: Software Company
- SIC: 384; 38
See similar companies
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By City Minneapolis Small Software Company in Minneapolis Mid-size Software Company in Minneapolis Medical devices in Minneapolis Small Medical devices in Minneapolis Mid-size Medical devices in Minneapolis
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By State MN Small companies in MN Medical devices in MN Small Medical devices in MN Mid-size Medical devices in MN Small Software Company in MN Mid-size Software Company in MN
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By Industry Software Company Small Software Company Mid-size Software Company Medical devices and Software Company
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Firmographic data G Score of 1 Founded in 2005 SIC: 384 SIC: 38 #Medical Devices & Equipment #Manufacturing
Frequently Asked Questions
CoreSpine Technologies's headquarters are located at 5909 Baker Rd, Ste 550 Minneapolis, MN 55345.
CoreSpine Technologies's official website is corespinetech.com
CoreSpine Technologies's annual revenue is $977.0 K.
CoreSpine Technologies's SIC: 384; 38
CoreSpine Technologies has 6 employees
CoreSpine Technologies is in the industry of Medical devices.
