ExplORer Surgical, a Chicago, IL-based platform for intraoperative surgical and interventional procedure workflow management and analytics, closed a $3M Series A financing.
The round was led by Aphelion Capital with participation from Elliott Management, the University of Chicago, M25 Group, and the Harvard Business School Angels of Chicago. In conjunction with the financing, Ned Scheetz, Anne Sissel, Immanuel Thangaraj, and Kurt Azarbarzin will be joining ExplORer Surgical’s Board of Directors.
The company intends to use the funds to accelerate commercialization of its interactive workflow management platform for surgery.
Founded out of a research laboratory at the University of Chicago Medical Center led by head and neck surgeon Dr. Alex Langerman, and led by CEO Jennifer Fried, ExplORer provides a software as a service tool that serves as an interactive digital playbook to manage, track and analyze intra-operative activity and information for the operating room and interventional suites. It is used by hospitals and medical device manufacturers to support team coordination during procedures and to enable more granular analytics on procedure activity.