Fundamental Surgery

Boston, United States Founded: 2012 • Age: 14 yrs Minicorn
AI-based surgical simulation is enabled via VR and haptics.

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
  • Sectors
    Healthcare
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website fundamentalsurgery.com
  • Social LinkedIn X
  • Legal Name Fvrvs Limited
Key Metrics
  • Total Equity Funding
    $39.61M (USD)

    in 6 rounds

  • Latest Funding Round
    $5M (USD), Series B

    Oct 2024

  • Investors
    EQT

    & 9 more

  • Employee Count
    53

Products & Services of Fundamental Surgery

Fundamental Surgery offers a comprehensive portfolio of products and services, including HapticVR, StandaloneVR, CollaborationVR, and Data Dashboard.

HapticVR
VR Training Platform

Simulates touch sensations for accurate surgical procedure practice.

StandaloneVR
VR Device

Enables remote procedural rehearsal and haptic training sessions.

CollaborationVR
VR Collaboration Tool

Facilitates virtual teamwork for healthcare professional training.

Data Dashboard
AI Analytics Platform

Provides real-time assessments to improve surgical performance.

Apps and channels of Fundamental Surgery

Fundamental Surgery publishes 1 mobile app.

Fundamental Surgery
App Store Medical 17+
Developer: FundamentalVR
View on App Store

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 β€” $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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2024$5MSeries B––
Aug 2022$20MSeries B–EQT
May 2022$7.53MSeries A––
–
Oct 2019$5.67MSeries A$15.8MDowning
Oct 2018$1.41MSeed$6.9MTern
–
Dec 2017Seed–Founders Factory
–
Valuation history
DateValuationStage
Oct 2019$15.8Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2018$6.9Mβ€’β€’β€’β€’β€’β€’β€’β€’

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
EQT is recognized as a global investment organization focused on value creation.
1994eqtgroup.comStockholm, Sweden
downingventures.com
Venture capital investments in IoT companies are managed by Tern.
2004ternplc.comLondon, United Kingdom
Inheritance tax relief, funds, and bonds are provided across sectors.
1986downing.co.ukLondon, United Kingdom
Venture capital fund investing in the edtech sector
brighteyevc.comParis, France
Healthcare startups are accelerated by Mayo Clinic Business Accelerator.
mcbusaccel.comRochester, United States
Startup studio focused on fintech, telecoms, and multiple sectors
2012foundersfactory.comLondon, United Kingdom
Vision improvement is supported through research and education initiatives.
ktef.orgFlower Mound, United States
Healthcare facilities are operated across Germany as a health system.
1976sana.deIsmaning, Germany
Privacy and digital rights are protected by EPIC's initiatives.
1994epic.orgWashington, DC, United States
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Investor details for Fundamental Surgery

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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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.

NameRoleGroup
Richard Vincent
Co-Founder & CEOLeadership
Christopher Scattergood
Co-FounderLeadership
Vicky Smalley
Chief Technology OfficerLeadership
Derek Nicholson
VP Of OperationsLeadership
Pedro Mendes
VP Of EngineeringLeadership
Adrian Daly
Head Of DeliveryLeadership
Robert Brokamp
Head Of Data ScienceLeadership
James Riseley
Head Of Talent Acquisition & DevelopmentLeadership
Diana Teixeira
Head Of PeopleLeadership
Evan Cassidy
Chief Financial And Operations OfficerLeadership
Ben Curtis
Lead Designer / Head Of DesignLeadership
Allan May
Chairman Of The BoardBoard & advisors
Alan Howarth
Non-Executive DirectorBoard & advisors
Gavin Harcourt
Senior Engineering ManagerTeam
Giacomo Mazza
Staff Software EngineerTeam
Hashim Yaqub
Staff Software EngineerTeam
Bruno Oliveira
Principal Software EngineerTeam
Dave Conley
Staff Software EngineerTeam
Kyle Rodgers
Principal Software EngineerTeam
Emile Paffard-Wray
Senior Software EngineerTeam

10 more people are available in the full profile.

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Complete people profiles for Fundamental Surgery

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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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.

  1. Founded Fundamental Surgery is founded.
  2. Funding First funding round.
  3. Milestone Reaches Minicorn status.
  4. 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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
neocis.com2012Miami, United States$181.79M118
Robotic guidance systems for dental implantation surgeries are provided.
ossovr.com2016San Francisco, United States$109.41M174
Virtual reality platform for surgical training is provided.
simxvr.com2013Mountain View, United States$2.82M35
Provider of a VR-based medical simulation training platform
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Detailed competitors of Fundamental Surgery

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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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 visits
    1.9K

    ▼ 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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M1,746
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Related news about Fundamental Surgery

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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's top competitors include SimX, Neocis and Osso VR.

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.

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