Following its $66M Series C fundraise last March, Osso VR recently announced it has doubled in size over the last year, and expects to double its footprint again by 2023.
Acknowledged as the largest and fastest-growing virtual reality company in healthcare, Osso VR also surpassed an exciting milestone, having recently crossed the 200-employee threshold.
According to Road to VR, “the platform, which was created to provide surgeons with an immersive, repeatable environment to safely practice their craft, is now used by more than 20 teaching hospitals and eight top medical device companies across 11 countries.”
The company's modules cover multiple specialty areas, such as orthopedics, neurovascular surgery, and robotics, amongst others. In an interview last week to MIXED, Osso VR CEO Justin Barad revealed that the “VR training has made available more than 200 surgical training modules. By the end of the year, Osso VR plans to simultaneously develop a hundred more modules. There will also be team training so that surgeons around the world can train together.”
Osso VR’s Approach to Transformative Change
Osso VR targets both healthcare professionals and medical device companies with specific value propositions: “Learn faster. Perform better.” for the former and “Help your customers meet the pace of change” for the latter.
Image credit: Osso VR
As a result, in addition to pure surgical training and assessment, Osso VR is also used by leading global medical device companies. These include Johnson & Johnson, Stryker, Zimmer Biomet, and Smith + Nephew. These companies use Osso VR to train surgeons in the use of their products.
According to Barad, Osso VR’s revenue scales with the number of training sessions medical technology companies conduct through the platform.
Ultimately, the startup’s vision is for Osso VR’s training to become a mandatory part of surgeon certification and recertification.
About Osso VR
Osso VR is an award-winning, clinically validated surgical training and assessment platform designed for medical device companies and practicing surgeons of all skill levels. Using cinema quality VR, the scalable platform offers a realistic, hands-on training environment that leads to real world performance gains and ultimately improved patient outcomes. Osso VR is the first training platform to incorporate assessment into its modules, objectively measuring the trainee's knowledge of steps, level of accuracy and overall efficiency throughout the procedure providing a benchmark for proficiency.
Led by UCLA and Harvard trained orthopedic surgeon Justin Barad, MD, the Osso VR team has a deep background in clinical care, medical technology, and VR development. To learn more, visit http://ossovr.com/