Vicarious Surgical

Vicarious Surgical

Develops surgical robotics with virtual reality

About

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 surgical site. This approach leads to less invasive procedures, resulting in quicker recovery times and better patient outcomes. Unlike traditional surgical methods, Vicarious Surgical's unique integration of VR and robotics sets it apart from competitors in the healthcare technology market. The company's goal is to enhance patient care and expand access to high-quality surgical solutions by developing and selling proprietary surgical systems to hospitals and medical institutions.

Company Stage

IPO

Employees

51-200

Industries

VR & AR, Biotechnology, Healthcare

Total Funding

$153.9M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • Recent investments and capital raises, including $13.2 million, indicate strong financial backing and growth potential.
  • The appointment of Randy Clark as President is expected to bring experienced leadership, aligning the company for its next growth phase.
  • Partnerships with major healthcare systems like Intermountain Health can lead to broader adoption and validation of their technology.

What critics are saying

  • The recent 14% staff reduction highlights potential financial pressures and operational challenges.
  • The competitive landscape in surgical robotics and healthcare technology is intense, requiring continuous innovation to stay ahead.

What makes Vicarious Surgical unique

  • Vicarious Surgical uniquely combines surgical robotics with virtual reality, offering a more immersive and precise surgical experience compared to traditional methods.
  • Their focus on minimally invasive surgeries aims to significantly improve patient outcomes and recovery times, setting them apart in the healthcare technology market.
  • The company's strategic partnerships, such as with Intermountain Health, enhance its credibility and market reach.

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Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-13%

2 year growth

-36%

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