Osso VR, a virtual reality surgical training company, has raised $66 million in series C funding to accelerate the growth of its surgical education program and hire more talent in specialty areas.
The company has more than 150 employees and "plans to grow exponentially over the next year," according to a March 24 news release.
Led by orthopedic surgeon Justin Barad, MD, Osso VR develops modules that allow providers to train in certain procedures before performing surgery.
Surgeons can use the modules to train with complex technologies, and medical device companies are using the modules to address challenges of in-person education, such as conflicting physician schedules, remote staff and costly travel.
Osso VR's medtech partners include Johnson & Johnson, Stryker, Zimmer Biomet and Smith+Nephew. Training modules cover orthopedics, spine, interventional cardiology and general surgery, among other specialties, according to the release.
Recent studies demonstrated that Osso VR technology can lead to a 230 to 306 percent improvement in surgical performance compared with traditional training.