About ExplORer Surgical
ExplORer Surgical is a Healthcare company based in Ashburn (United States) founded in 2015, and was acquired by Global Healthcare Exchange in October 2021. It provides an interactive surgical playbook that promotes optimal teamwork in the operating room. 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. ExplORer Surgical offers products and services including Order Automation, Inventory Management, Invoice and Payment, and Vendor Credentialing. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its legal entity is EXPLORER SURGICAL CORP. Its competitors include Picis Clinical Solutions, Pip Care and MedTel; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Ashburn, United States
- Employees 13
- Stage Acquired
- SectorsHealthcare
- Website explorersurgical.com
- Social LinkedIn X Facebook
- Acquired by Global Healthcare Exchange (Oct 2021)
- Legal Name Explorer Surgical Corp
- Total Equity Funding$12.77M (USD)
in 7 rounds
- Latest Funding Round$2.5M (USD), Series A
Apr 2021
- InvestorsElliott Management
& 10 more
- Employee Count13
- Acquired byGlobal Healthcare Exchange
(Oct 2021)
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.
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.
- Total Funding $12.77M
- Total Rounds 7
- Last Round Series A — $2.5M
- First Round $225,000
(Jul 2015)
- Investors Count 10
All 7 funding rounds of ExplORer Surgical with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $2.5M | Series A | – | Aphelion Capital | |
| Apr 2021 | $2.55M | Debt – Conventional | – | – | – |
| Apr 2019 | $5M | Series A | – | Aphelion Capital | – |
| Jun 2018 | Series A | – | HealthTech Arkansas | – | |
| Aug 2017 | $4.27M | Series A | – | Aphelion Capital | |
| Sep 2016 | $1M | Seed | – | SymphonyAlpha Ventures, The University of Chicago | – |
| Jul 2015 | $225,000 | Grant | – | – |
11 investors in total: 11 institutional.
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 |
|---|---|---|---|---|
Tech and life sciences focused VC firm investing in geographies such as the US | aphelioncapital.net | Mill Valley, United States | ||
HealthTech Arkansas is focused on driving healthcare innovation in Arkansas. | healthtecharkansas.com | United States | ||
Early-stage venture capital investments are facilitated in Chicago. | hbsangelschicago.com | Chicago, United States | ||
Early-stage venture capital investments are made in Midwest startups. | 2015 | m25vc.com | Chicago, United States | |
| symphonyalpha.com | ||||
| wassonenterprise.com | ||||
Investment in women-led growth companies is provided by Sofia Fund. | 1998 | sofiafund.com | United States | |
Multiple sectors are invested in by the hedge fund. | 1977 | elliottmgmt.com | New York, United States | |
Academic programs and research are provided across diverse fields. | 1890 | uchicago.edu | United States | |
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States |
Investor details for ExplORer Surgical
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of ExplORer Surgical
421 people are tracked at ExplORer Surgical (107 in leadership, 314 in team); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
Alex Meddock | Executive Director, Provider Sales - Central U.s. | Leadership |
Greg Thompson | Director, Automation & Scalability | Leadership |
Lorie Rowe | Director Of Product Marketing | Leadership |
Wendy van Kylen | Channel Account Management Director | Leadership |
Elizabeth D. | Director Of Product Marketing | Leadership |
Mannie Waldman | Director, Integration & Data Acquisition | Leadership |
Joshua Tait | Vice President, Sales | Leadership |
Bob Kay | Vice President Global IT And Corporate Systems | Leadership |
Mark Reis | Director Strategic Accounts | Leadership |
Mike Ulven | Executive Director Provider Sales | Leadership |
Jaclyn Pedersen | Director Of OKR Strategy And Alignment | Leadership |
Don Cameron | Director, Strategic Accounts | Leadership |
Melissa Horn | Vice President Sales, Inventory Services At Syft A GHX Company | Leadership |
Matt Hawkins | Director Of Product Management | Leadership |
Josh Skiba | Director Of Product Management, Industry Solutions & Adoption | Leadership |
Steve Haas Rt | Director Of Business Development, Clinical Integration, Lumere | Leadership |
Greg Bassi | Vice President, Deputy General Counsel | Leadership |
John Martin | Executive Director, Strategic Accounts & Corporate Programs | Leadership |
Andy Graziano | Vice President Implementation | Leadership |
Reut Levi | Director, Product Management Operations | Leadership |
401 more people are available in the full profile.
Complete people profiles for ExplORer Surgical
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of ExplORer Surgical
4 dated milestones of ExplORer Surgical across 6 years, from founding to its latest funding, stage changes and deals.
- Founded ExplORer Surgical is founded.
- Funding First funding round of $225K.
- Funding Latest funding round, Series A, of $2.5M.
- Exit Acquired by Global Healthcare Exchange.
Competitors of ExplORer Surgical
ExplORer Surgical has 3 listed competitors in our database, 3 of them funded. They include Picis Clinical Solutions, Pip Care and MedTel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| picis.com | 1994 | Peabody, United States | $189M | Patient management software for surgical journeys is provided. | ||
| pipcare.com | 2022 | New York, United States | $13.11M | Personalized surgical platform is provided for patients and care teams. | ||
| medtel.com | 2011 | New York, United States | $6.49M | 10 | Surgical workflow is coordinated via cloud-based SaaS analytics. |
Detailed competitors of ExplORer Surgical
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as ExplORer Surgical (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about 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. The company's 1st funding round was a Grant of $225K, raised on Jul 2015.
ExplORer Surgical has 13 employees.
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.
ExplORer Surgical operates through Explorer Surgical Corp.
Yes. ExplORer Surgical was acquired by Global Healthcare Exchange in October 2021.