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Surgical Safety Technologies Furthers Its Mission Of Improving Operating Room Safety And Efficiency With $15 Million In Series A Funding

May 04, 2023•about 2 years ago

Round Type

series a

New YorkInformation TechnologyMedical DeviceHealth Care

Investors

Santé VenturesU.S. Venture Partners

Description

Surgical Safety Technologies (SST), a medical technology company that engineered the OR Black Box® platform for hospitals, has today announced $15 Million in Series A funding. The round was led by U.S. Venture Partners and Santé Ventures, and will be used to accelerate the company's automation initiatives and commercial efforts. SST's platform leverages AI both to inform real-time decision making and provide analytical insight in the areas of safety, compliance and efficiency, which drastically improves patient outcomes and reduces hospital costs.

Company Information

Company

Surgical Safety Technologies

Location

New York, New York, United States

About

Surgical Safety Technologies Inc. (SST) is a mission-driven organization that utilizes disruptive technologies to make healthcare safer globally. SST is the developer of The Black Box platform for healthcare and a suite of software and analytic products, necessary for continuous quality improvement and delivery of value-based care. SST's products have been deployed in the leading healthcare centers in North America and Europe and high-quality evidence has demonstrated their effectiveness in reducing costs and improving patient outcomes. More information can be found at www.surgicalsafety.com.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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