Osso VR Raises $ 27 Million Series B for Pioneering Immersive Surgical Training Worldwide

Osso VR Raises $ 27 Million Series B for Pioneering Immersive Surgical Training Worldwide

Osso VR will present the first virtual reality training module ...Osso VR, a validated virtual reality (VR) surgical training and evaluation platform, announces today that it has secured $ 27 million in Series B funding, led by GSR Ventures, with participation from Signalfire, Kaiser Permanente Ventures, OCA Ventures, Scrum Ventures , Leslie Ventures and Anorak Ventures.

Osso VR surgical training technology provides on-demand educational experiences that are effective, repeatable, and measurable to help surgeons achieve mastery of emerging surgical techniques and technologies. Osso VR experienced rapid growth during 2020 to meet the increased demand for virtual training driven by the pandemic-driven need for digital training models. Osso VR works with industry leaders such as Johnson & Johnson, Stryker, and Smith & Nephew to ensure patients have safe access to the highest value procedures. As part of the recent growth, the company recently expanded into additional specialties, including orthopedics, endoscopy, interventional procedures, and more. Osso VR houses the world’s largest surgical training library, offering more than 120 modules in more than 10 specialties.

“Osso VR is positioned to transform the way surgeons are trained in new surgical devices and procedures,” said Dr. Sunny Kumar, Partner at GSR Ventures. “The level of immersion of the Osso platform provides an experience that reflects the operating room in a more efficient, more accessible and more effective way than any previous surgical training platform.”

Osso VRThe platform boasts an exceptional level of visual fidelity, ensuring that all aspects of surgery, from anatomical details to the operating room environment, enhance the training experience. Osso VR employs the world’s largest medical illustration team and alumni from Industrial Light & Magic, Electronic Arts, Microsoft, and Apple. This lightning bolt in a bottle is capable of creating cinema-quality educational experiences at scale, inspiring providers around the world.
With nearly 30,000 training sessions completed on the platform, providing an average of 22,000 minutes of training per month, the Osso VR platform has been shown to have a significant impact on surgical performance. In two recent level 1 randomized peer-reviewed studies, surgeons who trained with Osso VR showed from a 230 percent to 306 percent improvement in overall surgical performance compared to traditional training. In addition, Osso VR allows healthcare professionals train together on Osso from anywhere in the world through Remote Collaboration.

Recent platform milestones include:

  • Osso VR is widely deployed in more than 20 countries

  • Top Five Orthopedic Medical Device Companies Choose Osso VR as Their Virtual Reality Training Partner

  • The platform is available in multiple languages, including English, Japanese, Spanish, German, and French.

  • Over 20 global hospital residency programs, including Brown University, Hospital for Special Surgery, Johns Hopkins University, and Rush University, train at Osso VR

“Osso VR has had an incredible journey. We have created a once-in-a-lifetime team, bringing together experts from health, technology, film, and video games to fulfill our mission: improve patient outcomes, accelerate the adoption of more effective surgical technologies, and democratize access to The education. After demonstrating the clinical effectiveness of the platform and its unique ability to scale to millions of providers worldwide, we are ready to accelerate, ”said Justin Barad, MD, CEO and co-founder of Osso VR. “With this latest round, we plan to exponentially expand our library and platform so that all patients around the world can have the peace of mind that they are gaining access to the safest and highest-value procedures.”

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by Scott Rupp Osso VR, Surgical Virtual Reality (VR) Training

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