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Osso VR

Extended Reality
Higher EdTech
Product stageSegments
Growth
?
AR/VR platforms
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Osso VR provides a VR platform to allow healthcare practitioners to remotely interact with medical devices and procedures in a 3D space. Specifically, its Osso Enterprise product allows surgeons, doctors, and hospital staff to train together in a collaborative VR operating room. The company offers custom-developed clinically-validated training modules, alongside an integrated analytics platform (Osso Analytics).

The company claims that several level-1 trials have indicated that Osso VR’s platform accelerates learning, memorization, mastery of complex workflows, and facilitates a 230% to 306% increase in skill transfer. 

The company also offers Osso Academy, which offers a VR training library with over 25 orthopedic modules for early career HCP training. The company states that each module is aligned to support the Accreditation Council for Graduate Medical Education (ACGME) Milestone and Case Minimum requirements.

In August 2023, the company added hand tracking capabilities to its platform in a bid to boost user immersion. As of September 2023, trainees across 50 countries logged in over 1 million minutes and completed 121,000 training sessions on its platform.

Key customers and partnerships

In March 2023, the company disclosed that it was working with academic medical centers such as the University of California (UCLA) and University of California San Francisco (UCSF) to develop residency-based curricula. Further, the company partnered with the American College of Cardiology to develop a content curriculum for interventional cardiologists. 

Previously, during the pandemic, Osso VR managed to strike partnerships with prominent medical devices players such as Johnson & Johnson, Stryker, and Smith & Nephew, and it is the VR training partner for all top five orthopedic medical device companies. 

Funding and financials

In March 2022, Osso VR  raised USD 66 million in Series C funding led by Oak HC/FT. The funds were earmarked for product development, expanding its surgical training areas, and hiring.


Extended Reality

Extended Reality

Key stats
Featured companies
238
Total funding (USD)
13.6 Bn
Total addressable market (USD)
100.4 Bn
Key competitors
 
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Product Overview
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Company profile
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EDGE Insights

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Recent Updates

Management news
Apr 1, 2024
VR surgical training platform Osso VR to lay off 67 employees amid corporate restructuring
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Product updates
Jan 19, 2024
Osso VR expands medical training library to include orthopedic surgery specialities
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Funding
Mar 24, 2022
Osso VR raises USD 66 million in Series C funding
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Company Brief


HQ location:
333 Bryant Street #190 San Francisco CA USA
Founded year:
2016
Employees:
101-250
Total Funding:
USD 109.2 million
Last Funding
USD 66.0 million, Mar 2022

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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