About ExplORer Surgical
ExplORer Surgical is a company based in Ashburn (United States) founded in 2015 was acquired by Global Healthcare Exchange in October 2021. ExplORer Surgical has raised $12.77 million across 7 funding rounds from investors including Elliott Management, The University of Chicago and Global Healthcare Exchange. The company has 13 employees as of December 31, 2022. ExplORer Surgical offers products and services including Order Automation, Inventory Management, Invoice and Payment, and Vendor Credentialing. ExplORer Surgical operates in a competitive market with competitors including Picis Clinical Solutions, Pip Care, MedTel, True Digital Surgery and Agility Healthcare, among others.
- Headquarter Ashburn, United States
- Employees 13 as on 31 Dec, 2022
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Explorer Surgical Corp
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$12.77 M (USD)
in 7 rounds
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Latest Funding Round
$2.5 M (USD), Series A
Apr 09, 2021
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Investors
Elliott Management
& 10 more
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Employee Count
13
as on Dec 31, 2022
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Acquired by
Global Healthcare Exchange
(Oct 13, 2021)
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Products & Services of ExplORer Surgical
ExplORer Surgical offers a comprehensive portfolio of products and services, including Order Automation, Inventory Management, Invoice and Payment, and Vendor Credentialing.
Automates order processes to enhance efficiency in healthcare supply chains.
Provides visibility and tools for managing healthcare inventory effectively.
Optimizes cashflow and supplier relationships in healthcare transactions.
Ensures risk mitigation and compliance for healthcare facility access.
People of ExplORer Surgical
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Software Development Team
84 people
Product Management Team
63 people
Leadership Team
60 people
Sales and Marketing
50 people
Customer Team
22 people
Senior Team
19 people
Operations Team
15 people
Data Analysis and Operations Team
13 people
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Funding Insights of ExplORer Surgical
ExplORer Surgical has successfully raised a total of $12.77M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in ExplORer Surgical
ExplORer Surgical has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Elliott Management, The University of Chicago and Global Healthcare Exchange.
| Investor | Description | Founded Year | Domain | Location |
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Tech and life sciences focused VC firm investing in geographies such as the US
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HealthTech Arkansas is focused on driving healthcare innovation in Arkansas.
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Early-stage venture capital investments are facilitated in Chicago.
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Investor details for ExplORer Surgical
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Investments & Acquisitions by ExplORer Surgical
Investment portfolio details for ExplORer Surgical
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Financial Statements - ExplORer Surgical
Detailed financials for ExplORer Surgical
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Explorer Surgical Comparisons
Peer comparison for ExplORer Surgical
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Competitors of ExplORer Surgical
ExplORer Surgical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Picis Clinical Solutions, Pip Care, MedTel, True Digital Surgery and Agility Healthcare, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Patient management software for surgical journeys is provided.
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Personalized surgical platform is provided for patients and care teams.
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Surgical workflow is coordinated via cloud-based SaaS analytics.
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Provider of an AI-based surgical instrument
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Hospital workflow and patient care solutions are provided.
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Detailed competitors of ExplORer Surgical
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Latest news on Explorer Surgical
Complete news archive for ExplORer Surgical
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Frequently Asked Questions about ExplORer Surgical
ExplORer Surgical was founded in 2015.
ExplORer Surgical is headquartered in Ashburn, United States. It is registered at Ashburn, Virginia, United States.
ExplORer Surgical is a funded company, having raised a total of $12.77M across 7 funding rounds to date.
As of Dec 31, 2022, the latest employee count at ExplORer Surgical is 13.
ExplORer is an interactive surgical playbook that promotes optimal teamwork in the operating room. Best practices are built into a surgeon-customized workflow for each case. It allows instruments and supplies to be there when needed. It provides step-by-step instructions and diagrams which help team members follow along with the case and prepare for whats coming next. It allows OR managers to track granular case progression in real-time and forecast room utilization, staffing, equipment use, and postoperative admissions. It provides standardized surgical workflow with the ability to customize based on patient factors, surgeon preferences, and changing operative conditions.
ExplORer Surgical's top competitors include Pip Care, Picis Clinical Solutions and MedTel.
ExplORer Surgical offers Order Automation, Inventory Management, Invoice and Payment, and Vendor Credentialing.
ExplORer Surgical has 11 investors. Key investors include Elliott Management, The University of Chicago, Global Healthcare Exchange, Aphelion Capital, and HealthTech Arkansas.