Osso VR nets $66 million for surgical training (Axios)
San Francisco's Osso VR collected $66 million in Series C funding led by Oak HC/FT, the parties tell Axios exclusively.
Why it matters: Surgical training hasn’t evolved in 30-plus years, but Osso VR is looking to change that by empowering health care professionals with virtual reality.
Training and assessing surgeons more efficiently can drive up the adoption of modern and hard-to-learn medtech, and democratize surgical education.
“The innovation from the medical device industry is providing us an incredible opportunity to treat patients much more consistently and with optimized outcomes,” said Justin Barad, Osso's co-founder and a practicing pediatric orthopedic surgeon.
Details: Osso VR has now raised to about $109 million since 2016, and Barad expects to double its employee count to 300-plus by year-end.
Signalfire, GSR Ventures, Tiger Global Management and Kaiser Permanente Ventures also participated in the funding.
Its peers are largely focused on orthopedics, but Osso VR is developing modules across specialties such as spine, interventional cardiology, and more.
Zoom in: The funding will let Osso VR exp...
