What is Explorer Surgical?
Explorer Surgical provides a customized digital playbook software designed to standardize and improve surgical and interventional procedures. The platform enhances communication and performance in the operating room by reducing variability and embedding best practices. It supports medical device companies and surgical teams, offering in-person or remote assistance through real-time audio and video guidance. Explorer Surgical's comprehensive case support platform includes video, digital procedural playbooks, and real-time intraoperative data capabilities, generating granular, structured data for insights into proficiency and efficiency. Founded on research from the University of Chicago, the platform has been utilized in over 1,000 procedures, scaling to support every aspect of the healthcare professional's journey.
How much funding has Explorer Surgical raised?
Explorer Surgical has raised a total of $9.2M across 4 funding rounds:
Angel/Seed
$1M
Series A
$3M
Series B
$5M
Debt
$150K
Angel/Seed (2016): $1M with participation from Wasson Enterprise, M25 Group, and SymphonyAlpha Ventures
Series A (2017): $3M led by Harvard Business School Alumni Angels of Chicago, Elliott Management, M25 Group, Aphelion Capital, and The University of Chicago
Series B (2019): $5M supported by Aphelion Capital
Debt (2020): $150K featuring PPP
Key Investors in Explorer Surgical
Wasson Enterprise
Wasson Enterprise is a family investment office dedicated to investing in good ideas, good people, and good impacts, collaborating with founders to create positive change and foster innovation.
M25 Group
M25 Group is a London-based removals and storage company that has evolved to meet diverse client needs, providing comprehensive and flexible logistics solutions.
SymphonyAlpha Ventures
Symphony Alpha Ventures is a venture capital firm specializing in early-stage healthcare IT companies, focusing on startups with strong teams and SaaS potential, leveraging its parent company's resources to accelerate commercialization.
What's next for Explorer Surgical?
With the recent infusion of capital and its established track record, Explorer Surgical is poised for accelerated expansion and further development of its innovative surgical workflow management solutions. The company's strategic focus on leveraging data analytics to drive improvements in surgical proficiency and efficiency is expected to be a key driver of its future growth. This latest funding round will likely support enhancements to its platform, expansion into new markets, and strengthening of its partnerships within the medical device and healthcare sectors. The company's commitment to providing a scalable, customized digital playbook for procedures, whether remote or in-person, positions it to capitalize on the increasing demand for digital transformation in surgical care.
See full Explorer Surgical company page
