AI-Fueled Endoscopy Capture and Clinical Trials Platform, Virgo Surgical Video Solutions, Receives Support From American Gastroenterological Association Venture Fund | Region

CARLSBAD, Calif. – December 1, 2022 – ( Newswire.com )Virgo Surgical Video Solutions (“Virgo”) at the moment introduced that the corporate acquired an funding from the American Gastroenterological Association (“AGA”), AGA’s new enterprise capital fund, GI Opportunity Fund 1.”While AGA has lengthy guided innovators who share our objective of enhancing digestive healthcare, we now have doubled down on this dedication by establishing the GI Innovation Fund. The fund’s first funding – Virgo – exemplifies our pursuit of improved scientific care,” says Lawrence Kosinski, MD, AGAF, AGA Governing Board Councilor for Development and Growth. “Through our enterprise fund, gastroenterologists can be part of AGA to spend money on fast-growing, early-stage firms which are reworking look after sufferers with digestive illness.”
Virgo supplies gastroenterologists, scientific trial sponsors, and trial website investigators with AI-fueled, always-on endoscopic process recording and affected person recruitment instruments for scientific trials in gastroenterology, beginning with inflammatory bowel illness scientific trials.”Virgo wouldn’t be the place it’s at the moment with out the help of the AGA, relationship again to our preliminary pitch on the AGA Tech Summit’s Shark Tank competitors in 2018,” mentioned Matt Schwartz, Virgo co-founder and Chief Executive Officer. “Virgo is proud to have the help of the AGA, and this funding will assist speed up Virgo’s mission to enhance affected person outcomes and scientific workflows by growing automation and AI instruments for endoscopy.””As its accomplice within the GI Opportunity Fund, Varia shares the AGA’s ardour of supporting thrilling improvements that profit the GI area. Our partnership is designed, nevertheless, to do greater than that. We firmly consider that this fund may also create an uncommon alternative for members concerned about enterprise capital investing at an unusually low entry level. We consider we are able to accomplish these a number of goals by making investments in firms like Virgo Surgical Video Solutions. Its video seize, administration, and synthetic intelligence evaluation know-how platform holds nice promise for advancing the sphere of endoscopic medication,” mentioned Scott Friedman, Varia Ventures co-founder and managing accomplice.More details about the AGA’s GI Opportunity Fund 1 is on the market at https://againvest.varia.com/.About VirgoVirgo supplies the main cloud video seize, administration, and synthetic intelligence evaluation platform for endoscopic medication. Academic, built-in, and non-public follow healthcare suppliers use the Virgo platform to advance affected person care by video-based analysis and coaching initiatives. Since launching, Virgo has helped physicians seize over 400,000 endoscopy procedures utilizing industry-leading HIPAA, HITRUST, and SOC 2-compliant cloud service suppliers. Virgo additionally helps integration with all main digital well being information programs. In 2021, Virgo launched a set of instruments referred to as VirgoTrials, which assist pharmaceutical trial sponsors and their collaborating trial websites speed up affected person recruitment and shorten the general enrollment interval for trials. For extra info, go to www.virgosvs.com.About AGAThe American Gastroenterological Association is the trusted voice of the GI group. Founded in 1897, AGA has grown to greater than 16,000 members from across the globe who’re concerned in all features of the science, follow and development of gastroenterology. The AGA Institute administers the follow, analysis and instructional packages of the group. For extra info, go to www.gastro.org.

The AGA Center for GI Innovation and Technology helps innovation and the event of recent know-how in gastroenterology, hepatology, vitamin and weight problems by guiding medical system and therapeutics innovators by the know-how improvement and adoption course of.About Varia VenturesVaria Ventures is a next-generation enterprise capital platform for skilled organizations concerned about constructing wealth for themselves and their members by investing in a portfolio of extremely curated, rising firms originating from their organizations. Varia’s platform blends insights from key opinion leaders, strategic companions, and {industry} consultants by its “end-to-end” know-how answer designed to each help early-stage firms whereas offering compelling funding alternatives to its traders. For extra info, go to variaventures.com.Contact Information:Jake [email protected]+14848960602Press Release Service by Newswire.comOriginal Source: AI-Fueled Endoscopy Capture and Clinical Trials Platform, Virgo Surgical Video Solutions, Receives Support From American Gastroenterological Association Venture Fund

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