# Virgo Surgical Video Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/virgo-surgical-video-solutions

- Industry: Medical Devices & Equipment
- Headquarters: San Francisco, US
- Website: www.virgosvs.com
- Total disclosed funding: $3.3M
- Latest round: Series A (Jul 27, 2022)
- Investors on record: 2

## About

Virgo Surgical Video Solutions, Inc. delivers advanced endoscopy video management and AI analysis solutions focused on enhancing clinical workflows and improving patient outcomes in various medical fields.Founded in 2017, Virgo Surgical Video Solutions, Inc. is based in San Francisco, US. The company specializes in developing video management solutions for endoscopy. The firm has conducted a total of 5 deals, with the latest funding round, Series A, raising USD 3.29 mn on November 30, 2022, led by FCA Venture Partners. The current valuation of the company is USD 31.55 mn. The founders include David Guaraglia, Ian Strug, and Matt Schwartz, with Matt Schwartz serving as the CEO.Virgo specializes in advanced endoscopy video management and AI analysis solutions, primarily catering to gastroenterology, pulmonology, urology, gynecology, and general surgery. Its core offerings include a high-definition automated video capture system that integrates with existing clinical workflows, facilitating the collection and analysis of endoscopic video and patient medical histories. The platform aims to streamline clinical trials by identifying qualified patients more efficiently and improving treatment management through machine learning-driven insights. Virgo's technology is designed for use in various healthcare settings, including hospitals and research institutions, primarily within the United States and select European markets.Virgo's revenue model is structured around subscription-based services and partnerships with healthcare providers and pharmaceutical companies. Clients typically engage in annual agreements for access to the platform's suite of tools, which includes video capture, patient recruitment, and AI-driven analytics capabilities. The offerings support various clinical applications, particularly in clinical trial recruitment and management. The company ensures robust data accessibility for its users by facilitating seamless integration with existing hospital and electronic health record (EHR) systems, thus optimizing workflow in endoscopic procedures.In November 2022, Virgo Surgical Video Solutions, Inc. raised USD 3.29 mn in Series A funding to enhance patient outcomes and clinical workflows through the development of automation and AI tools for endoscopy. With this funding, the company plans to expand its product offerings and improve existing technologies. Virgo is actively targeting new markets in Europe for expansion, aiming to establish a broader presence by the end of 2023.

## Funding rounds

- Series A, Jul 27, 2022 — Olympus Innovation Ventures
- Series A, Dec 24, 2021, $3.3M — FCA Venture Partners

## Investors

- FCA Venture Partners (https://capitalatlas.ai/funds/fca-venture-partners) — Series A
- Olympus Innovation Ventures (https://capitalatlas.ai/funds/olympus-innovation-ventures) — Series A