Osso VR Raises $66 Million Series C

SAN FRANCISCO &&num;8212&semi; Osso VR, which operates a virtual reality (VR) surgical training and assessment platform, has secured &dollar;66 million in Series C funding led by Oak HC/FT&period; The round also includes participation from Signalfire, GSR Ventures, Tiger Global Management and Kaiser Permanente Ventures&period;&NewLine;The capital will be used to accelerate Osso VR&&num;8217&semi;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&period;&NewLine;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&period; Medical device companies also use Osso VR to introduce technology digitally, addressing many challenges of traditional educational pathways &NoBreak;such as conflicting physician schedules, remote staff, and costly travel&period; 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&period;&NewLine;&&num;8220&semi;Oak HC/FT is continuously seeking new opportunities to support innovative companies impacting the healthcare industry in a meaningful way,&&num;8221&semi; said Vig Chandramouli, Partner at Oak HC/FT&period; &&num;8220&semi;Osso VR is well positioned to become the gold standard for all surgical training and continuing education, and we&&num;8217&semi;re thrilled to work alongside this impassioned and committed team&period;&&num;8221&semi;&NewLine;Osso VR currently partners with leading global medical device companies, including Johnson &amp&semi; Johnson, Stryker, Zimmer Biomet, and Smith + Nephew&period; The company&&num;8217&semi;s modules cover multiple specialty areas, such as orthopedics, spine, interventional cardiology, and general surgery, amongst others&period;&NewLine;&&num;8220&semi;The future at Osso VR is incredibly bright&period; Each step of the way, we&&num;8217&semi;ve stayed true to our mission to democratize healthcare and seen the results that our platform brings to surgical training and assessment,&&num;8221&semi; said Justin Barad, MD, CEO and Co-Founder of Osso VR&period; &&num;8220&semi;This round of investment supports the next step of our journey to provide access to all healthcare professionals&period; I couldn&&num;8217&semi;t be more excited to take this next step with such a talented, passionate team&period;&&num;8221&semi;&NewLine;The company has more than 150 employees and plans to grow exponentially over the next year&period; Osso VR designs and develops all virtual experiences in-house and has hired talent across an array of industries, including healthcare, technology, movies and gaming&period; The company boasts the largest team of medical illustrators in the world&period;&NewLine;

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