Theator

Theator

Reliable customized video-based products that address the needs of surgeons.

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DateInvestorsAmountRound
investor investor investor

€0.0

round
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€0.0

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Valuation: €0.0

round
*

€24.0m

Series A
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-220 %126 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

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More about Theator
Made with AI
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Theator is a surgical intelligence company founded in 2018 by Dr. Tamir Wolf and Dotan Asselmann. The company emerged from a personal experience of Dr. Wolf, a physician and former trauma surgeon with the Israeli Navy SEALs, who witnessed starkly different surgical outcomes for the same procedure at two different New York City hospitals. This event highlighted the significant variability in surgical care and became the catalyst for creating a solution to standardize and improve surgical practices. Dr. Wolf's medical background, including an MD and PhD from the Technion, combined with Dotan Asselmann's expertise in computer vision and machine learning from his time in the Israel Defense Forces and co-founding a previous startup, provided the foundational expertise for Theator.

Theator operates on a B2B SaaS model, selling its enterprise software directly to hospitals and healthcare systems. The company's core offering is its Surgical Intelligence Platform, which leverages AI and computer vision to analyze surgical video data. The platform automatically captures and de-identifies footage from laparoscopic and robotic procedures, creating a secure, cloud-based, and searchable video library. By integrating with electronic health records, the system connects surgical actions to patient outcomes, allowing for deep analysis of surgical techniques. Theator's technology annotates these videos, highlighting key surgical steps, critical events, and safety milestones, which helps surgeons and hospital administrators identify inefficiencies, reduce variability, and adopt best practices. For instance, the platform can identify intraoperative idle time, helping to reduce costs and streamline procedures. This data-driven approach aims to move beyond the traditional apprenticeship model of surgical training by providing objective, performance-based feedback.

The platform delivers actionable insights that support continuous quality improvement, operational efficiency, and medical education. Surgeons can review their procedures, compare techniques, and collaborate with peers, while residents can accelerate their training with access to a vast library of annotated surgeries. Theator has demonstrated tangible results, such as helping a medical center significantly increase the achievement of a key safety milestone while concurrently reducing procedure time. The company has secured substantial funding, raising a total of $42.5 million through multiple rounds, including a Series A led by Insight Partners, with participation from investors like Blumberg Capital and Mayo Clinic. These funds are being used to expand commercial operations across North America.

Keywords: surgical intelligence, computer vision in surgery, AI in healthcare, surgical video analysis, operating room efficiency, surgical analytics, medical education technology, surgical coaching, patient outcomes, healthcare SaaS, surgical data platform, robotic surgery analytics, laparoscopic surgery analysis, clinical performance improvement, surgical best practices, healthcare AI, surgical safety, procedure standardization, MedTech, Digital Health

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