# Formus: Medical devices, Auckland, New Zealand

> Formus: Formus Labs is a health technology company based in Auckland, New Zealand, specializing in AI-automated 3D planning platforms for joint replacement...

Source: https://millionrounds.com/startup/formus (Millionrounds; every figure on the page links to its filing or article)

New Zealand · [Medical devices startup](https://millionrounds.com/companies)

# Formus

Formus Labs is a health technology company based in Auckland, New Zealand, specializing in AI-automated 3D planning platforms for joint replacement surgeries.

Funding reported Last round: Venture (Round not Specified)

Medical devices Auckland, New Zealand

Company summary

- **Founded:** 2016 10 years old
- **Team:** 26 11 to 50 people
- **Funding reported:** 6.3M as listed, currency not stated
- **Last round:** Venture (Round not Specified) Feb 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Formus has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Formus

Formus Labs is a health technology company based in Auckland, New Zealand, specializing in AI-automated 3D planning platforms for joint replacement surgeries.

Founded in 2016 by Ju Zhang and Thor Besier, the company utilizes over 20 years of musculoskeletal research to create patient-specific models that enhance surgical outcomes. Their flagship product, the Formus 3D Hip Replacement Planning Platform, generates interactive 3D models tailored to individual patients, optimizing the fit of implants and improving surgical reliability. Formus Labs operates globally, with a focus on orthopedic surgeons, hospital systems, and medical device manufacturers. The company offers pre-operative planning services, consulting, and data analytics to support healthcare providers. They have established strategic partnerships, including a notable collaboration with Zimmer Biomet for the co-development of their hip planning platform. With a commitment to innovation and efficiency, Formus Labs is dedicated to advancing orthopedic care through its advanced technology solutions.

## What company datasets say Formus raised

Funding, as reported

Reported in all **6.3M** in the source's currency

Last round **Venture (Round not Specified)**

Last round size **5M**

Last round date **Feb 2022**

Investors listed **5**

## Founders and team

From Formus's own website: 1 founder, 9 on the team.

**Antonije Velevski** Co-founder, former senior software engineer

- **Joshua Jin** Head of Engineering
- **Leigha Barbieri** Head of Customer Success and Sales
- **Sanjana Chandawarkar** Head of Quality Assurance and Regulatory Affairs
- **Sarah Wixon** Head of Finance
- **Deepak Chaudhary** Senior Quality Analyst
- **Kate Muggeridge** Senior Product Designer
- **Mark Finch** Director
- **Meraj Khan** Director
- **Vignesh Kumar** Chairman

## On a portfolio page

Investors who name them

- [Flying Kiwi Angels](https://millionrounds.com/fund/flying-kiwi-angels)

Each firm lists Formus on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

health care biomechanical simulation software ai-driven implant selection digital health innovation regulatory cleared medical device ai-automated 3d planning scalable orthopedic solutions software engineering biomechanics algorithms biomechanics and ai integration medical equipment manufacturing information technology & services high-throughput workflows ai in joint replacement cloud-based medical software hospital & health care

Built with from their website

Amazon CloudFront Atlassian Google Cloud YouTube MailChimp Google Workspace CloudFlare Viewport Meta Webflow Hosting Google Cloud Hosting

+8 more

AI Google Meet CloudFlare CDN Google Font API Mobile Friendly Embedly Open Graph jQuery

- **Sector:** Medical devices
- **Industry code:** NAICS 33911, 513210, SIC 3845, 7372
- **Region:** Auckland

## Medical devices in New Zealand

Startups like it

- [**Alimetry** Auckland · founded 2019 *Raised*](https://millionrounds.com/company/alimetry)
- [**Wellumio** Wellington · founded 2019 *Raised*](https://millionrounds.com/company/wellumio)
- [**Kitea Health** Auckland · founded 2022](https://millionrounds.com/startup/kitea-health)
- [**Chitogel Limited** Wellington · founded 2014](https://millionrounds.com/startup/chitogel-limited)
- [**HeartLab** Auckland · founded 2018](https://millionrounds.com/startup/heartlab-2)
- [**Upstream Medical Technologies Ltd** Christchurch · founded 2015](https://millionrounds.com/startup/upstream-medical-technologies-ltd)
- [**The Insides Company** Auckland · founded 2017](https://millionrounds.com/startup/the-insides-company)
- [**AVASA** Auckland · founded 2018](https://millionrounds.com/startup/avasa)

## Is this your company?

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