Osso VR, "a validated virtual reality (VR) surgical training and assessment platform," recently announced it secured $66 million in Series C to increase access to surgical education. The funding was led by Oak HC/FT as well as GSR Ventures, Tiger Global Management, Signalfire, and Kaiser Permanente Ventures.
Osso VR intends to use the capital to expand the availability of surgical education to all healthcare professionals and hire top-tier talent to broaden high-fidelity surgical training experiences to additional specialty areas. OSSO VR provides surgical teams with on-demand, immersive modules to train in a virtual environment before ever stepping foot into an actual operating room.
"Oak HC/FT is continuously seeking new opportunities to support innovative companies impacting the healthcare industry in a meaningful way," said Vig Chandramouli, Partner at Oak HC/FT. "Osso VR is well positioned to become the gold standard for all surgical training and continuing education, and we’re thrilled to work alongside this impassioned and committed team."
Surgical Education Initiatives
Osso VR Raised $66 Million to Increase Access to Surgical Education
Trend Themes
1. Virtual Reality Surgical Training - The success of Osso VR's fundraising efforts highlights increasing demand for virtual reality-based surgical training platforms.
2. Expansion of High-fidelity Surgical Training Solutions - Osso VR's plan to hire top-tier talent to broaden high-fidelity surgical training experiences to additional specialty areas presents disruptive innovation opportunities for the healthcare education market.
3. On-demand Immersive Surgical Training Modules - Osso VR's creation and success highlights how offering immersive surgical training at any time and location can revolutionize surgical education and narrow geographical constraints.
Industry Implications
1. Healthcare Education - The impressive fundraising success of Osso VR and increasing demand for such virtual reality-based platforms present an opportunity for healthcare education to enhance and streamline training for healthcare professionals.
2. Virtual Reality Technology - The increasing demand for virtual reality-based surgical training platforms highlights how virtual reality technology can enhance and streamline training in various industries outside of healthcare.
3. Medical Device Manufacturing - Osso VR's continual expansion and success presents opportunities for medical device companies to partner with and enhance surgical training platforms by integrating device usage into the virtual training experience.