FundamentalVR
Latest round
- Series B
Last raised
- Aug 2022
Total raised
- $26M
Investors
- 6
About FundamentalVR
FundamentalVR, founded in 2012, operates out of London, UK, focusing on virtual reality solutions for surgical training.FundamentalVR primarily offers a suite of advanced virtual reality (VR) training solutions aimed at enhancing the surgical training landscape. Their flagship product, HapticVR®, utilizes patented kinesthetic haptic technology to simulate realistic sensations of bone, muscle, and soft tissue interactions with surgical tools, providing users with an immersive training experience. The StandaloneVR device allows medical professionals to rehearse procedures and engage in situational training remotely, while CollaborationVR serves as a virtual space for healthcare professionals to connect and practice, fostering teamwork without geographical limitations. Fundamental Surgery's offerings are targeted at healthcare professionals, including surgeons and medical device manufacturers, seeking to improve competency and confidence across various surgical specialties such as orthopedics, urology, and endovascular procedures.FundamentalVR generates revenue through business-to-business (B2B) transactions, focusing on partnerships with medical institutions, healthcare providers, and medical device companies. Their pricing structure typically involves subscription models for access to their training platforms, alongside potential licensing fees for the use of their proprietary haptic technology. Clients engage in contracts that span multiple years, ensuring ongoing access to updates and new training modules. The company effectively monetizes its offerings by providing tailored training solutions that enhance the effectiveness of medical education and device adoption, leveraging products like HapticVR® and StandaloneVR as core elements of their revenue strategy. The company is focused on launching HapticVRTM in the near term while strategically targeting new markets in North America to establish a stronger presence by the end of 2023.
Who invested in FundamentalVR
6 investors across 2 rounds
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Questions about FundamentalVR
Who invested in FundamentalVR?
FundamentalVR has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has FundamentalVR raised?
FundamentalVR has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did FundamentalVR last raise money?
FundamentalVR's most recent round on record is a Series B, in Aug 2022.
What does FundamentalVR do?
FundamentalVR, founded in 2012, operates out of London, UK, focusing on virtual reality solutions for surgical training.
Where is FundamentalVR headquartered?
FundamentalVR is headquartered in London, UK.
Which VCs invest in companies like FundamentalVR?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at FundamentalVR's stage. Their profiles are linked below.
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