Virgo Raises Series A Financing To Expand Its Clinical Trial Acceleration Network For Endoscopy
01/05/22, 7:00 AM
Location
carlsbad
Round Type
series a
Virgo Surgical Video Solutions, the leading cloud video and artificial intelligence platform for endoscopic medicine, announced the closing of its Series A financing — led by FCA Venture Partners and including participation from Tom Williams of Heron Rock Fund, who led Virgo's seed round — to scale its proprietary solutions for accelerating clinical trials. Virgo is widely regarded as the industry leader for capturing and managing endoscopic video data, and the company provides a unique set of tools, called VirgoTrials, which help healthcare providers leverage this data for clinical trial recruitment. Virgo is currently partnered with multiple leading pharmaceutical trial sponsors and is actively deployed across a wide range of academic medical centers, integrated health systems, and private practice networks. The company will use this financing to expand the VirgoTrials platform and further accelerate distribution in the United States and internationally.
Company Info
Location
carlsbad, new mexico, united states
Additional Info
Virgo is widely regarded as the industry leader for capturing and managing endoscopic video data, and the company provides a unique set of tools, called VirgoTrials, which help healthcare providers leverage this data for clinical trial recruitment. The company will use this financing to expand the VirgoTrials platform and further accelerate distribution in the United States and internationally. The Virgo platform provides seamless tools for multi-center research collaboration, video assessments, and the development and deployment of artificial intelligence solutions. We believe the Virgo platform and clinical trial network has the potential to dramatically shorten trials and help get new treatments into the hands of patients faster," said Matt Schwartz, CEO of Virgo. In addition to accelerating clinical trials, Virgo enables gastroenterologists and pulmonologists to leverage endoscopy video for the advancement of patient care through new research and training initiatives. Virgo is also a highly scalable solution, enabling health systems to rapidly deploy across multiple facilities with direct integrations to other electronic health record (EHR) systems.