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Theator

228 Hamilton Avenue, 3rd Floor, Palo Alto, CA, 94301, United States

Overview

Theator offers a "surgical intelligence" AI platform that reads and structures operating-room video in real time to surface key moments and best practices. It applies machine learning and computer vision to compare footage across similar procedures and match actions to outcomes, helping clinicians identify divergences and characteristics tied to better results. The platform shares insights with individual physicians, teams and institutions to improve after-care, training and future procedures. Theator has built a library of 30,000 hours of anonymized video and has analyzed almost 1 billion frames. Financially, it recently closed a $24M extension to its Series A, bringing the Series A to $39.5M and total capital raised to $42.5M. The company plans to expand beyond minimally invasive procedures over time and sees potential applications in training, credentialing and, eventually, payers or patients, though it is not pursuing those customers now. Theator provides AI-powered Surgical Intelligence solutions that use smart annotation and video analytics to extract and annotate key moments from surgical procedures. Its platform translates surgical video data into actionable feedback, enabling surgeons to review operations and glean detailed insights within minutes by identifying pivotal steps, events, milestones, and decisions. The technology is designed to streamline pre-operative preparation and post-operative review, improving surgeons' performance, efficiency, and productivity. Over a dozen medical centers contributed to Theator's dataset, which contains more than 400,000 minutes of curated surgical video encompassing over 80,000 intraoperative moments. The company plans to scale commercial operations, expand partnerships with U.S. providers, and grow its R&D team. Led by Dr. Tamir Wolf and based in Palo Alto, Theator had raised a total of $18.5M to date following the Series A. Theator develops a SaaS platform that provides surgeons with AI-powered decision-support tools, using machine learning and computer vision to identify, optimize and scale best practices. Its first product, Minutes, launched in April 2019 and offers intelligently edited highlight reels and analytics of surgical procedures to help surgeons prepare and debrief quickly. The company presents actionable, algorithmic insights to enhance surgeons' capabilities and reduce medical errors. Theator is led by Co-Founder and CEO Dr. Tamir Wolf and is based in San Mateo, California and Tel Aviv, Israel. It recently closed a $3M seed funding round to support expansion of operations and continued development efforts.

Total raised
$43M
Funding rounds
3
Latest round
Series A
Latest activity
Jul 2022

Industries

  • Artificial Intelligence (AI)
  • Health Care
  • Medical
  • Productivity Tools
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Recent funding

  1. Series A

    Jul 2022

    $24M

  2. Series A

    Feb 2021

    $16M

  3. Equity

    Apr 2019

    $3M

Team