Substantial Funding for Surgical Training Company
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Osso VR has raised $14 million in Series A funding, led by Kaiser Permanente Ventures, with participation from SignalFire, GSR, Scrum Ventures, Leslie Ventures and OCA Ventures.
“I have spent my career focused on the use of technology in clinical practice and know that proper training is critical to optimizing patient outcomes,” said Amy Belt Raimundo, Managing Director, Kaiser Permanente Ventures. “Being able to perform safe repetitions of procedures has great value, whether it’s for a new resident or an experienced physician who is learning an innovative procedure. Virtual means of training eliminate the restrictions of geography and associated travel costs, so that training can scale regionally, nationally and globally. Nothing has underscored the value of the distributed training model more than the challenges presented by the COVID-19 pandemic.”
Osso VR’s platform has become integral to surgical training programs worldwide, currently used by more than 20 teaching hospitals and 11 medical device companies in 20 countries. It recently debuted its new platform with a high level of visual fidelity surrounding every aspect of surgery, from anatomical detail to the OR environment. In a recent validation study, surgeons training with Osso VR showed a 230 percent improvement in overall surgical performance.
