Osso VR offers on-demand, immersive virtual reality modules that allow surgical teams to train independently or collaboratively before entering the operating room. Medical device companies use the platform to introduce technology digitally, addressing challenges like conflicting physician schedules, remote staff, and costly travel. The company’s modules span multiple specialties, including orthopedics, spine, interventional cardiology, and general surgery. Osso VR partners with global device makers such as Johnson & Johnson, Stryker, Zimmer Biomet, and Smith + Nephew. The company intends to use the Series C capital to broaden access to surgical education for healthcare professionals and to hire talent to expand training into additional specialty areas. Osso VR is led by CEO and co-founder Justin Barad, MD, and has more than 150 employees. Osso VR builds a virtual reality surgical-training platform that lets surgeons interact with medical devices in 3D and rehearse procedures on a digital cadaver. The platform incorporates multiplayer mechanics so surgeons and medical assistants can collaborate in real time. It runs on Facebook's Oculus Quest 2 through the Oculus for Business program. Osso has bulked up partnerships with medical device companies including Johnson & Johnson, Stryker and Smith & Nephew. CEO Justin Barad said the pandemic "created an intense level of urgency" as customers found new demand for the platform. The company has scaled to about 100 employees, claims the world's largest team of medical illustrators, and offers more than 100 modules spanning 10 specialties; it recently closed a $27 million Series B. Osso VR creates VR educational content and a distribution platform for surgical and medical device training, producing both generic training and company-specific modules for clients like Johnson & Johnson. The company uses Oculus Quest headsets and is deployed in 20 teaching hospitals across 20 countries. Osso reports about 30 customers, 12 of which are in the medical device space, and says surgeons training with its platform showed a 230% improvement in overall surgical performance in a validation study. Its team includes veterans from Industrial Light & Magic, Electronic Arts, Microsoft and Apple. Founder Dr. Justin Barad has described a goal of democratizing healthcare and using VR to attack broader problems in medical education. The company has seen adoption accelerate during the COVID-19 pandemic as remote training demand has risen. Osso VR provides VR software that creates virtual operating rooms on platforms such as Oculus Rift/Touch and the HTC Vive to train surgeons. The platform enables repeated practice of procedures, supports both advanced device training and basic instruction for medical students, and captures metrics like procedure time and precision as learning feedback. Founder and CEO Dr. Justin Barad, a trained orthopedic surgeon, says the technology can increase patient safety, decrease complications, and accelerate learning curves for complex medical devices. The team mixes VR developers with game backgrounds and clinical or medical-device sales experience, including CTO Matt Newport and Lief Goranson, who worked on surgical training games at Medtronic. The company emphasizes bringing on-demand, hands-on training courses to surgeons who have limited time for distant training.

Total raised

$109M

Funding rounds

4

Latest round

Series C

Latest activity

Mar 2022