

Arbutus Medical
Arbutus Medical developed the DrillCover - a surgical drill system that costs 30x less competitors - to reduce costs of surgery and improve access for patients.
- Stage $1M in TTM Revenue
- Industry Medical Devices and Equipment
- Location Vancouver, BC, Canada
- Currency CAD
- Founded December 2014
- Employees 13
- Incorporation Type C-corp
- Website arbutusmedical.ca
Company Summary
Arbutus Medical’s purpose is to develop a portfolio of frugal innovations that save costs for hospitals and improve access to orthopaedic surgery for 5 million patients by 2030.
Arbutus launched its DrillCover in late 2016, focused on low-income countries for 2 years, then pivoted and validated fit in veterinary (62% YoY growth), military (sales to US and Canadian militaries), and US Trauma Centers. Arbutus has enabled 58,000 surgeries to date.
Team
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CEO / Co-founder
Masters in biomedical engineering from UBC. Orthopaedic research background. Led Operations 2015-2018; took CEO role in Dec 2018 and led pivots.
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Elise HuismanVeterinary Sales / Co-founder
PhD (orthopaedic research) and YWCA Vancouver Women of Distinction nominee 2020. Built veterinary sales division.
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R&D
20+ years commercializing medtech (Pyng, Angiometrix, Evasc).
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Trauma Center Sales
MBA, 5 years sales/product mgmt (Conmed, Muse).
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Marketing
15+ years in sales & marketing (incl. B2B hardware & channels).
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Engineering / Co-founder
Verathon Medical and UBC MEng background; built Arbutus IP strategy, regulatory strategy, product roadmap, and DEWALT partnership.
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Michael LiggettFinance
20 years raising capital (over $300M) and M&A deals ($200M).
Advisors
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Dr. Piotr BlachutAdvisor - Orthopaedic SurgeryUnconfirmedDr. Peter O'BrienUnconfirmed
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Thomas N. UrbanUnconfirmed
Previous Investors
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Ian McWalterUnconfirmedRay MuzykaUnconfirmed
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Lina BowdenUnconfirmed
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Sorenson Impact FoundationUnconfirmed