Precision OS has raised $2.3 million in its Series A led by Davos-based AO Invest, alongside other undisclosed investors.
Precision OS provides orthopedic surgical education using virtual reality. Its software allows practicing surgeons to perform simulated medical procedures in a realistic digital operating room and offers metric feedback to help users improve their techniques.
“Precision OS is delighted to be cooperating with an international organization that is a recognized leader in education for surgeons and operating room personnel around the world,” said Dr. Danny P. Goel, orthopedic surgeon, co-founder and CEO at Precision OS. “Precision OS technology is working to create a virtual language able to add depth of understanding that simply cannot be achieved using current simulation tools. Adopting VR as a way of improving decision-making is directly relevant for patients and value-based care.”
Precision OS is currently developing a preoperative planning tool that allows surgeons to introduce images of a specific patient’s anatomy to the software prior to conducting a procedure.
“VR’s ability to offer a safe environment to make mistakes is highly valuable in providing surgeons with the building blocks on which to learn,” said Dr. Goel. “It allows surgeons to practice, improve their decision-making, and, importantly, have the opportunity to fail. This offers a great amount of value to our surgeons – and ultimately to our patients.”
“For all of us at AO Invest, as is the case for our partners at Precision OS, the patients and surgeons are always centre stage: their needs are of the utmost importance to us,” said Michel Orsinger, chairman of AO Invest. “In addition to responding to requirements they have already identified, we also work to pre-empt needs that will arise as the healthcare environment changes and technology advances.”