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

PRIVATEMay 04, 2023

Round Type

Series A

New YorkInformation TechnologyHealth CareMedical Device

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.

Who else raised in Medical Device and Health Care around the same time

Companies in the same sectors as Surgical Safety Technologies that raised within 45 days of this round, from Fundz verified event records.

  • Avenda Health, Inc. raised $3.5M (Series B) on June 8, 2023.
  • VERTOS MEDICAL INC raised $26M (Funding Round) on June 7, 2023.
  • Candesant Biomedical, Inc. raised $35M (Series B) on June 6, 2023.
  • Conformal Medical raised $35M (Series D) on June 5, 2023.
  • Conformal Medical raised $35M on May 26, 2023.
  • VERTOS MEDICAL INC raised $45M on May 22, 2023.

Who to call at Surgical Safety Technologies, and when

A new round usually means Surgical Safety Technologies is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Surgical Safety Technologies raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Surgical Safety Technologies, from your own LinkedIn network

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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.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Surgical Safety Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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