Image from Osso’s website

San Francisco-based Osso VR, a virtual reality surgical training and assessment platform, has secured $66 million in a Series C funding round led by venture and growth equity firm Oak HC/FT.

The round was backed by Signalfire, GSR Ventures, Tiger Global Management and Kaiser Permanente Ventures, the investment arm of healthcare  company Kaiser Permanente.

Osso VR produces on-demand, immersive modules that allow surgical teams to train independently or collaboratively in a virtual environment before conducting real operations. The company’s modules cover multiple speciality areas, such as orthopaedics, spine, interventional cardiology and general surgery. Medical device companies also use Osso VR to introduce technology digitally.

Osso VR stated the capital will be used to increase access to surgical education and hiring top-tier talent. The company has hired people from an array of industries, including healthcare, technology, movies and gaming. It employs more than 150 employees and said it plans to grow exponentially over the next year.

Osso VR had previously raised $14 million in a Series A funding round led by Kaiser Permanente Ventures in 2020 and $27 million in a Series B round led by GSR Ventures in 2021, with participation from Signalfire, Kaiser Permanente Ventures, OCA Ventures, Scrum Ventures, Leslie Ventures and Anorak Ventures.

Date published: 25 March 2022

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