The San Francisco-based VR start-up firm Osso VR has collaborated with medical device giants such as Smith & Nephew, Johnson & Johnson, and Stryker, piquing investor's attention during 2020. The start-up has raised $27 million to train medical professionals in using virtual reality (VR) surgery simulations. OCA Ventures, Anorak Ventures, Signalfire, Leslie Ventures, Kaiser Permanente Ventures & Scrum Ventures have participated in GSR Venture's series B funding round. The firm has overall raised $43M.
Osso VR's Growth
The start-up employs a huge medical graphic team & alums from Apple, Electronic Arts, Light & Magic, and Microsoft to develop a cinema-quality educational experience. The target is to offer a real-time training environment that leads to enhanced patient results & performance gains. The surgical training library of Osso VR has more than 10 specialties & 120 modules, & the firm has recently expanded into different specialties like interventional procedures, orthopedics & endoscopy.
One of the broader aims of the firm is to introduce video game's multiplayer mechanics into the virtual surgical room, allowing medical professionals to collaborate in the real world so they will have an idea about their responsibility & how they fit into each surgical procedure. As a result, the top 5 orthopedic medical device firms choose Osso VR as their training partner.
More than 20 international hospital residency programs - John Hopkins University, Brown University, Rush University & Hospital for Special Surgery train on Osso VR tools. GSR Venture's partner - Sunny Kumar, said the start-up is poised to change how surgeons are trained on these techs. He added that the platform's immersion level offers a mirroring experience of the operating room in a more effective, efficient & accessible manner.
Lots of Practice
The platform has completed around 30,000 training sessions, estimating an average of 22,000 minutes of training per month. In addition, the firm claims that its Virtual Reality platform is proven to impact surgical performances. In recent peer-reviewed researches, medical professionals with Osso VR showed anywhere from a 230 percent to a 306 percent enhancement on complete surgical performance compared to conventional training.
Osso VR is now available in more than 20 countries with multiple languages, including French, English, German, Japanese & Spanish.
Image Source: Unspalsh.com, Elements Envato