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§ Private Profile · Boston, MA, USA
Surgical intelligence software company developing solutions that integrate surgical video and patient outcomes for hospitals and surgical teams.
Based in San Francisco and Berlin, Caresyntax develops surgical intelligence software that integrates surgical video with patient outcomes and operational analytics to improve operating room safety and efficiency for healthcare providers. The enterprise software platform functions as a comprehensive data system for hospitals, and it is currently deployed in over 4,200 operating rooms worldwide to support surgical teams across more than three million procedures annually. Operating with a global workforce of nearly 200 employees, the organization has historically maintained an organic revenue growth rate exceeding 50 percent through its subscription-based services. Caresyntax recently appointed Matt Krueger as its new chief executive officer and established a strategic collaboration with The Jacobs Institute to further advance its clinical data insights. The company was originally founded in 2013 by Dennis Kogan and Bjoern von Siemens.
Caresyntax has raised $479.4M across 7 funding rounds.
Caresyntax has raised $479.4M in total across 7 funding rounds.
Caresyntax has raised $479.4M across 7 funding rounds. Most recently, it raised $180.0M Debt / Series C in August 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 16, 2024 | $180M Debt Financing | — | — | Announced |
| Aug 1, 2024 | $80M Series C | — | Harmonix Fund, Hercules Capital, Plug & Play Ventures | Announced |
| Sep 17, 2021 | $30M Series C Plus | — | — | Announced |
| Apr 28, 2021 | $100M Series C | PFM Health Sciences | — | Announced |
| Dec 12, 2019 | $45.6M Venture Round | — | — | Announced |
| Jun 11, 2018 | $31.9M Debt Financing | Björn VON Siemens | — | Announced |
| Sep 26, 2017 | $11.9M Venture Round | Norgine Ventures | — | Announced |
Caresyntax has raised $479.4M in total across 7 funding rounds.
Caresyntax's investors include Harmonix Fund, Hercules Capital, Plug & Play Ventures, PFM Health Sciences, Björn von Siemens, Norgine Ventures.
Caresyntax is a technology company building a vendor-neutral, enterprise-grade surgical intelligence platform that uses AI-powered software, devices, and clinical services to analyze data from the entire surgical workflow, making surgery safer, smarter, and more efficient.[1][2][3] It serves hospitals, surgeons, surgical teams, medtech partners, insurers, and healthcare providers by capturing and processing data from video, audio, images, device feeds, EMRs, financial outcomes, and supply chain information to deliver actionable insights that improve patient outcomes, operational efficiency, and profitability.[1][2][5] The platform addresses key challenges in surgery—one of healthcare's least digitalized sectors, accounting for 30% of global healthcare expenditure—by enabling precision medicine, reducing costs, optimizing OR utilization, and enhancing surgical pathways, with deployment in over 4,200 operating rooms worldwide, supporting 32,000+ surgeons and 3 million+ patients annually.[2][3][4] In 2024, Caresyntax achieved over 50% organic revenue growth and expanded offerings like Clinical Data as a Service (CDaaS) for medtech partners.[1]
Caresyntax was co-founded by Bjoern von Siemens, who serves as Founder and Chief Financial Officer, with headquarters in San Francisco and Berlin.[4] The company emerged to tackle surgery's digital lag despite its massive $1.7 trillion scale in the US and EU alone, developing a turnkey tech and services platform that integrates data analytics, AI, and automation for the surgical continuum.[4][1] Key early thought leadership came from Chief Medical Informatics Officer Bruce Ramshaw, MD, whose decades of work in continuous quality improvement and systems science shaped the platform's analytics, culminating in the 2024 launch of CDaaS at the J.P. Morgan Healthcare Conference.[1] Pivotal traction includes rapid global expansion to over 4,000 ORs by 2024, partnerships like Risk Management as a Service (RMaaS) with insurer Relyens, and consistent growth serving millions of procedures yearly.[1][3][5]
Caresyntax rides the wave of AI-driven healthcare digitalization, targeting surgery's untapped potential amid rising demands for data analytics, automation, and value-based care in a $1.7 trillion market.[4][3] Timing aligns with post-pandemic OR backlogs, energy efficiency needs in healthcare, and medtech's push for real-world evidence, where Caresyntax's platform fills gaps in connected systems.[1][4] Market forces like insurer partnerships for risk reduction and regulatory pressures for outcomes data favor its expansion, influencing the ecosystem by enabling downstream insights for clinical, commercial, and administrative users while partnering with hospitals and device makers.[1][5] As a World Economic Forum-recognized player, it accelerates precision surgery trends, balancing innovation with sustainability in high-energy healthcare environments.[4]
Caresyntax is poised for accelerated growth through 2025 R&D investments in its data analytics engine, unlocking novel insights for partners and expanding CDaaS uptake amid AI healthcare booms.[1] Trends like narrow AI adoption, real-world data demands, and OR optimization will propel it, potentially scaling to more ORs and procedures as value-based payments rise. Its influence may evolve from platform provider to ecosystem orchestrator, shaping safer surgery globally and redefining medtech-insurer collaborations—building on 2024's momentum to make data-driven surgery the standard.[1][3][5]