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Osso VR has secured $66 million in Series C funding to share surgical education with more healthcare professionals. The round was led by Oak HC/FT and also included participation from Signalfire, GSR Ventures, Tiger Global Management and Kaiser Permanente Ventures.
The capital will be used to accelerate Osso VR’s initiative to broaden access to surgical education for all healthcare professionals and continue the investment in hiring top-tier talent to bring high-fidelity surgical training experiences to additional specialty areas.
Osso VR produces on-demand, immersive modules that allow surgical teams to train independently or collaboratively in a virtual environment before ever stepping foot into a real operating room. Medical device companies also use Osso VR to introduce technology digitally, addressing many challenges of traditional educational pathways such as conflicting physician schedules, remote staff, and costly travel. With Osso VR, more surgeons can practice utilizing complex medical technologies to more rapidly offer their patients access to the best procedures with optimal outcomes.
Osso VR currently partners with leading global medical device companies, including Johnson & Johnson, Stryker, Zimmer Biomet, and Smith + Nephew. The company’s modules cover multiple specialty areas, such as orthopedics, spine, interventional cardiology, and general surgery, amongst others.
Osso VR has more than 150 employees and plans to grow exponentially over the next year. The company designs and develops all virtual experiences in-house and has hired talent across an array of industries, including healthcare, technology, movies and gaming.
The funding news comes on the heels of Osso VR winning the prestigious SXSW Innovation Award for VR, augmented reality, and mixed reality.