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Vicarious Surgical
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Develops surgical robotics with virtual reality
Vicarious Surgical
Work Here?
Develops surgical robotics with virtual reality
About Vicarious Surgical
Industries
VR & AR
Healthcare
Company Size
51-200
Company Stage
IPO
Total Funding
$153.9M
Headquarters
Waltham, Massachusetts
Founded
2014
Overview
Vicarious Surgical combines surgical robotics with virtual reality to improve surgical procedures. Their technology allows surgeons to perform minimally invasive surgeries with enhanced precision and control by immersing them in a virtual environment that simulates the inside of a patient. This approach leads to less invasive surgeries, resulting in quicker recovery times and better patient outcomes. Unlike traditional surgical methods, Vicarious Surgical's unique integration of VR and robotics differentiates it from competitors in the healthcare technology market. The company's goal is to enhance patient care and expand access to high-quality surgical procedures through its proprietary surgical systems, which are sold to hospitals and medical institutions, along with ongoing service and training.
Simplify's Take
What believers are saying
- Partnerships with LSU Health and Intermountain Health boost credibility and market reach.
- Rising demand for VR training in medical education offers new revenue opportunities.
- Growing interest in tele-surgery aligns with their VR-integrated systems.
What critics are saying
- Competition from established companies like Intuitive Surgical threatens market share.
- Rapid tech advancements require continuous innovation, straining resources.
- Potential regulatory delays could impact timely product market entry and revenue growth.
What makes Vicarious Surgical unique
- Vicarious Surgical combines robotics and VR for enhanced precision in minimally invasive surgeries.
- Their compact, portable robotic system integrates easily into existing operating rooms.
- The company focuses on reducing surgical invasiveness, improving recovery times and patient comfort.
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Funding
Total Funding
$153.9M
Above
Industry Average
Funded Over
7 Rounds
Benefits
Company Social Events
Meal Benefits
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↓ -2%2 year growth
↓ -4%LSU Health New Orleans partners with University Medical Center (UMC), which hosts the largest medical training center in Louisiana.
Vicarious Surgical announces New hospital system partnership with LSU Health New Orleans.
Hudson Bay Capital Management LP invests $207,000 in Vicarious Surgical Inc (NYSE:RBOT).
Vicarious Surgical added Philip Liang and Ric Fulop to their Board of Directors.
WALTHAM, Mass.--(BUSINESS WIRE)--Vicarious Surgical Inc. (“Vicarious Surgical” or the “Company”) (NYSE: RBOT, RBOT WS), a next-generation robotics technology company seeking to improve patient outcomes as well as both the cost and efficiency of surgical procedures, today announced that Randy Clark has been appointed President effective today, January 29, 2024. As Vicarious Surgical prepares for its next phase of growth following the anticipated finalization of the Vicarious Surgical Version 1.0 System (“V1.0”), the newly established role of President is designed to fortify organizational alignment and focus on the Company's long-term needs and objectives. Reporting to Chief Executive Officer Adam Sachs, Mr. Clark will assume responsibility for the day-to-day oversight of many core business functions including product development, operations, commercial strategy, clinical, regulatory and quality affairs, and human resources. "We are thrilled to announce Randy's addition to the Vicarious Surgical team, especially during this pivotal phase for the Company as we approach the finalization of the V1.0 system this fall”, said Adam Sachs, Co-Founder Chief Executive Officer of Vicarious Surgical
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About Vicarious Surgical
Industries
VR & AR
Healthcare
Company Size
51-200
Company Stage
IPO
Total Funding
$153.9M
Headquarters
Waltham, Massachusetts
Founded
2014
Vicarious Surgical is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today