About Fundamental Surgery
Fundamental Surgery is a Healthcare company based in Boston (United States) founded in 2012 by Richard Vincent and Christopher Scattergood. AI-based surgical simulation is enabled via VR and haptics. It operates in the Healthcare and Technology sectors. Fundamental Surgery has raised $39.61 million across 6 funding rounds from investors including EQT, Downing and Founders Factory. The company has 53 employees. Fundamental Surgery was last valued at $15.8 million in October 2019. Its chief executive, as recorded, is Richard Vincent. Fundamental Surgery offers products and services including HapticVR, StandaloneVR, CollaborationVR, and Data Dashboard. Its focus areas include High Tech, Virtual Reality, Applications and Healthcare & Fitness. Its legal entity is Fvrvs Limited. Its competitors include Neocis, Osso VR and SimX; 3 of its 3 listed competitors have raised funding.
Company details
Provider of AI-based platform for surgical simulation using VR and haptics. It claims that the proprietary haptics system allows sensing resistance, texture, substance, and pressure, enabling professionals to practice and refine their surgical skills. Its platform syncs with a stylus connected to a standard-issue mechanical arm. Its stylus features two buttons, one to inject the virtual drug and the other to withdraw the needle. It knows the ideal injection pattern for the drug and gives the surgeon a score based on how accurately they have administered it. It claims that the simulations are hardware agnostic and thereby compatible with multiple headsets such as HTC Vive, Oculus Rift, and Microsoft Hololens.
- Headquarters Boston, United States
- Employees 53
- Founders Richard Vincent, Christopher Scattergood
- Stage Minicorn
- SectorsHealthcareTechnology
- Email••••••••
- Phone•••• ••••
- Website fundamentalsurgery.com
- Social LinkedIn X
- Legal Name Fvrvs Limited
- Total Equity Funding$39.61M (USD)
in 6 rounds
- Latest Funding Round$5M (USD), Series B
Oct 2024
- InvestorsEQT
& 9 more
- Employee Count53
Products & Services of Fundamental Surgery
Fundamental Surgery offers a comprehensive portfolio of products and services, including HapticVR, StandaloneVR, CollaborationVR, and Data Dashboard.
Simulates touch sensations for accurate surgical procedure practice.
Enables remote procedural rehearsal and haptic training sessions.
Facilitates virtual teamwork for healthcare professional training.
Provides real-time assessments to improve surgical performance.
Apps and channels of Fundamental Surgery
Fundamental Surgery publishes 1 mobile app.
Funding Insights of Fundamental Surgery
Fundamental Surgery has successfully raised a total of $39.61M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in October 2024. 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 $39.61M
- Total Rounds 6
- Last Round Series B — $5M
- Investors Count 10
All 6 funding rounds of Fundamental Surgery 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 |
|---|---|---|---|---|---|
| Oct 2024 | $5M | Series B | – | – | |
| Aug 2022 | $20M | Series B | – | EQT | |
| May 2022 | $7.53M | Series A | – | – | – |
| Oct 2019 | $5.67M | Series A | $15.8M | Downing | |
| Oct 2018 | $1.41M | Seed | $6.9M | Tern | – |
| Dec 2017 | Seed | – | Founders Factory | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2019 | $15.8M | •••••••• |
| Oct 2018 | $6.9M | •••••••• |
Last known valuation $15.8M (Oct 2019). 10 investors in total: 10 institutional.
Investors in Fundamental Surgery
Fundamental Surgery has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include EQT, Downing and Founders Factory.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
EQT is recognized as a global investment organization focused on value creation. | 1994 | eqtgroup.com | Stockholm, Sweden | |
| downingventures.com | ||||
Venture capital investments in IoT companies are managed by Tern. | 2004 | ternplc.com | London, United Kingdom | |
Inheritance tax relief, funds, and bonds are provided across sectors. | 1986 | downing.co.uk | London, United Kingdom | |
Venture capital fund investing in the edtech sector | brighteyevc.com | Paris, France | ||
Healthcare startups are accelerated by Mayo Clinic Business Accelerator. | mcbusaccel.com | Rochester, United States | ||
Startup studio focused on fintech, telecoms, and multiple sectors | 2012 | foundersfactory.com | London, United Kingdom | |
Vision improvement is supported through research and education initiatives. | ktef.org | Flower Mound, United States | ||
Healthcare facilities are operated across Germany as a health system. | 1976 | sana.de | Ismaning, Germany | |
Privacy and digital rights are protected by EPIC's initiatives. | 1994 | epic.org | Washington, DC, United States |
Investor details for Fundamental Surgery
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Fundamental Surgery
30 people are tracked at Fundamental Surgery (11 in leadership, 2 in board & advisors, 17 in team); the tracked headcount is 53.
| Name | Role | Group |
|---|---|---|
Richard Vincent | Co-Founder & CEO | Leadership |
Christopher Scattergood | Co-Founder | Leadership |
Vicky Smalley | Chief Technology Officer | Leadership |
Derek Nicholson | VP Of Operations | Leadership |
Pedro Mendes | VP Of Engineering | Leadership |
Adrian Daly | Head Of Delivery | Leadership |
Robert Brokamp | Head Of Data Science | Leadership |
James Riseley | Head Of Talent Acquisition & Development | Leadership |
Diana Teixeira | Head Of People | Leadership |
Evan Cassidy | Chief Financial And Operations Officer | Leadership |
Ben Curtis | Lead Designer / Head Of Design | Leadership |
Allan May | Chairman Of The Board | Board & advisors |
Alan Howarth | Non-Executive Director | Board & advisors |
Gavin Harcourt | Senior Engineering Manager | Team |
Giacomo Mazza | Staff Software Engineer | Team |
Hashim Yaqub | Staff Software Engineer | Team |
Bruno Oliveira | Principal Software Engineer | Team |
Dave Conley | Staff Software Engineer | Team |
Kyle Rodgers | Principal Software Engineer | Team |
Emile Paffard-Wray | Senior Software Engineer | Team |
10 more people are available in the full profile.
Complete people profiles for Fundamental Surgery
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Fundamental Surgery
4 dated milestones of Fundamental Surgery across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Fundamental Surgery is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $5.0M.
Competitors of Fundamental Surgery
Fundamental Surgery has 3 listed competitors in our database, 3 of them funded. They include Neocis, Osso VR and SimX.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| neocis.com | 2012 | Miami, United States | $181.79M | 118 | Robotic guidance systems for dental implantation surgeries are provided. | |
| ossovr.com | 2016 | San Francisco, United States | $109.41M | 174 | Virtual reality platform for surgical training is provided. | |
| simxvr.com | 2013 | Mountain View, United States | $2.82M | 35 | Provider of a VR-based medical simulation training platform |
Detailed competitors of Fundamental Surgery
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Web traffic of Fundamental Surgery
The website of Fundamental Surgery (fundamentalsurgery.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▼ 59.1% vs previous month
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Fundamental Surgery (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 Fundamental Surgery
Complete news archive for Fundamental Surgery
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Frequently Asked Questions about Fundamental Surgery
Fundamental Surgery was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Fundamental Surgery is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Richard Vincent is the CEO of Fundamental Surgery, as recorded in our data. They have also founded this company.
Fundamental Surgery is a funded company, having raised a total of $39.61M across 6 funding rounds to date.
Fundamental Surgery has 53 employees.
Provider of AI-based platform for surgical simulation using VR and haptics. It claims that the proprietary haptics system allows sensing resistance, texture, substance, and pressure, enabling professionals to practice and refine their surgical skills. Its platform syncs with a stylus connected to a standard-issue mechanical arm. Its stylus features two buttons, one to inject the virtual drug and the other to withdraw the needle. It knows the ideal injection pattern for the drug and gives the surgeon a score based on how accurately they have administered it. It claims that the simulations are hardware agnostic and thereby compatible with multiple headsets such as HTC Vive, Oculus Rift, and Microsoft Hololens.
Fundamental Surgery offers HapticVR, StandaloneVR, CollaborationVR, and Data Dashboard.
Fundamental Surgery has 10 investors. Key investors include EQT, Downing, Founders Factory, Tern, and Sana Kliniken.
The valuation of Fundamental Surgery is $15.8M as of Oct 2019.
Fundamental Surgery operates through Fvrvs Limited.
Yes. Fundamental Surgery publishes Fundamental Surgery.