Active Surgical – Case Study
Activ Surgical is the pioneering digital surgery company that completed the world’s first autonomous robotic surgery of soft tissue. The Company is revolutionizing surgical vision, enabling a future of augmented reality-based and artificial intelligence-driven surgery that is safe, smart, and accessible to all. Its surgical software platform–ActivEdge™–is designed to reduce unintended and preventable surgical errors by enhancing a surgeon’s intraoperative decision-making via the aggregation of surgical data from around the world.
According to a recent study by Johns Hopkins, more than 250,000 people in the United States die every year due to medical errors, making it the third leading cause of death after heart disease and cancer. Other studies report much higher figures, claiming the number of deaths from medical error to be as high as 440,000. The Journal of Internal Medicine reports that 26 percent of all medical errors are preventable and the US national cost for preventable surgical errors totals over $36+ billion. Many hospitals, for their part, are seeking to keep pace with increasingly available technology to improve patient safety.
Activ Surgical is focused on improving surgical efficiency, accuracy, patient outcomes, and accessibility for both endoscopic and robotically-assisted procedures. The Company’s scalable surgical software platform technology is driven by computer vision, artificial intelligence, analytics, and machine learning to enhance a surgeon’s intra-operative decision-making and reduce unintended and preventable surgical complications. The ActivEdge™ Surgical Intelligence Platform is built to revolutionize intraoperative surgical imaging today while gathering highly contextualized data analytics that enables accelerated video data annotation for machine-learning-driven intraoperative surgical intelligence. Said differently, the ActivEdge platform acts as the “brain”, enabling applications that have the potential to mitigate surgical error, enhance patient outcomes, and dramatically improve savings to healthcare systems.
Rising Tide is an early investor in the Company and plays an active role across a number of key areas including corporate governance, fundraising, business development, and generally as a sounding board for the team.
On a Mission to Enable Real-Time and Best-in-Class Surgery – for Everyone!
Watch the Activ Surgical Vision here.
Read the $60 Million funding press release here.