Fundraising Fox

Activ Surgical

Boston, US · Founded 2017 · Delaware corporation · 41 employees on LinkedIn · 15 known investors

Find your way into Activ Surgical

162 people in our graph share verified history with the Activ Surgical team — schools, employers, funds. One of them is your warm intro.

Noubar Afeyanunlockedknows Peter Kim · together at McGill University (overlapped)
knows the team · via The Hospital for Sick Children
×2knows the team · via 美国乔治·华盛顿大学
×5knows the team · via University of Toronto
knows the team · via McGill University
×2knows the team · via Activ Surgical

Activ Surgical develops intraoperative surgical intelligence technology for surgeons, using AR, AI, machine learning, and sensing to display physiological structures and functions not visible to the naked eye. Its first product, ActivSight Intelligent Light, provides real-time dye-free perfusion and ICG imaging and is compatible with minimally invasive surgery systems.

Also known as ActivSurgical

Founders & leadership

Activ Surgical was founded in 2017 by Peter Kim.

PKPeter Kim
Peter KiminFounderA pediatric surgeon trained at McGill University and the University of Toronto, he previously served as Vice President of the Sheikh Zayed Institute for Pediatric Surgical Innovation and Associate Surgeon-in-Chief at Children's National, where he led work on image-guided surgery and device innovation.
MRMichael Ruehlman
Michael RuehlmaninFounding team, GM, Advisor2017–2023
TUTodd Usen
Todd UseninChief Executive Officer2018–2022

Board

EC
Emily CaseyBoard director
AKAshok Krishnamurthi
Ashok KrishnamurthiinInvestorManaging Partner at GreatPoint Ventures
DW
David WellsBoard director

Investors · 15

Reported raises · per SEC filings

Form D private placements

$86.6M disclosed across 6 rounds · 2017–2022

$14.6MraisedApr 2022 · 18 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • PETER KIMExecutive Officer, Director
  • TODD USENExecutive Officer, Director
  • WILL COWENDirector
  • PAUL MEISTERDirector
  • BABAK YAZDANIDirector
  • AMEENA EL-BIBANYDirector
  • ASHOK KRISHNAMURTHIDirector
  • TOM CALEFExecutive Officer
  • EMILY CASEYDirector
  • HEATHER MANNILAExecutive Officer
Offering amount
$14.6M
Amount sold
$14.6M
First sale
Mar 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$40.6MraisedJul 2021 · 16 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • HEATHER MANNILAExecutive Officer
  • EMILY CASEYDirector
  • ASHOK KRISHNAMURTHIDirector
  • PETER KIMExecutive Officer, Director
  • BABAK YAZDANIDirector
  • TODD USENExecutive Officer, Director
  • WILL COWENDirector
  • PAUL MEISTERDirector
  • TOM CALEFExecutive Officer
  • AMEENA EL-BIBANYDirector
Offering amount
$42.6M
Amount sold
$40.6M
First sale
Jul 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$15MraisedJul 2020 · 10 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Ameena El-BibanyDirector
  • Ashok KrishnamurthiDirector
  • Tom CalefExecutive Officer
  • Paul MeisterDirector
  • Will CowenDirector
  • Emily CaseyDirector
  • Michael RuehlmanExecutive Officer
  • Sub DattaExecutive Officer
  • Peter KimExecutive Officer, Director
  • Todd UsenExecutive Officer, Director
Offering amount
$15M
Amount sold
$15M
First sale
Jul 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$12.9MraisedJul 2019 · 8 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael RuehlmanExecutive Officer
  • Emily CaseyDirector
  • Ashok KrishnamurthiDirector
  • David WellsDirector
  • Peter KimDirector
  • Todd UsenExecutive Officer, Director
Offering amount
$18.5M
Amount sold
$12.9M
First sale
Jun 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2MraisedApr 2018 · 4 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Seth TeicherDirector
  • Peter KimDirector
  • David H. WellsExecutive Officer, Director
Offering amount
$4.5M
Amount sold
$2M
First sale
Mar 2018
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.5MraisedJun 2017 · 1 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • David H WellsExecutive Officer, Director
  • Peter C.W. KimDirector
  • Seth TeicherDirector
Offering amount
$1.5M
Amount sold
$1.5M
Proceeds to insiders
$129K
First sale
Jun 2017
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Activ Surgical develops intraoperative surgical intelligence technology intended to give surgeons real-time visual insights during procedures. Its stated aim is to let surgeons view critical physiological structures and functions that cannot be seen with the naked eye, and to extend such imaging insights across surgical systems by visually mapping the surgical field.

The company's first commercial product, ActivSight Intelligent Light, is powered by its ActivEdge platform. ActivSight lets surgeons switch between two imaging modes with a button press: dye-free ActivPerfusion and ActivICG. The company describes the product as compatible with minimally invasive surgery (MIS) systems and as providing real-time data during surgery. The ActivEdge platform combines augmented reality, artificial intelligence, machine learning and sensing-based technologies, and is positioned as the foundation for the company's broader surgical visualization roadmap.

Activ Surgical frames its market opportunity around preventable medical error, citing figures such as 400,000+ annual U.S. deaths from avoidable complications, 26% of all medical errors being preventable surgical errors, and more than $36 billion in global cost from preventable medical errors.

Traction

The company reports clinical and commercial milestones including CE Mark approval for ActivSight Intelligent Light, a completed first international procedure with the device, and clinical study results in colorectal surgery presented at the ASCRS Annual Scientific Meeting.

Latest developments

Recent announcements include CE Mark approval for ActivSight Intelligent Light, completion of the first international procedure using ActivSight, presentation of colorectal study findings at the ASCRS Annual Scientific Meeting, and an emerging technology presentation abstract at EAES 2023.

Full profile — market position, technology, go-to-market, geography

Market position

Activ Surgical positions itself as an intraoperative surgical intelligence provider whose imaging insights are designed to be added to existing minimally invasive surgery systems rather than requiring a dedicated surgical platform, with the stated goal of extending gold-standard visualization insights to all surgical systems.

Technology

The ActivEdge platform integrates augmented reality, artificial intelligence, machine learning and sensing-based technologies to visually map the surgical field and surface physiological structures and functions not visible to the naked eye. The first product built on the platform, ActivSight Intelligent Light, delivers real-time intraoperative data and supports two selectable imaging modes: dye-free perfusion imaging (ActivPerfusion) and indocyanine green fluorescence imaging (ActivICG), with compatibility for minimally invasive surgery systems.

Go-to-market

Surgeons and surgical teams performing minimally invasive procedures, including colorectal surgery, where the company has conducted clinical study work.

Geography

Headquartered at 27-43 Wormwood Street, Suite 400, Boston, Massachusetts, United States, with a U.S. contact line. The company has obtained CE Mark approval for ActivSight, supporting European market access, and has announced completion of its first international procedure using the product.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 202641

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 7

by search overlap
Rf Surgical25 shared keywordsMedtronic is a healthcare technology company that develops medical devices and technologies — including pacemakers, robotic-assisted surgery systems, and AI-driven health tools — used by doctors, scientists, and engineers to treat pain and disease. It works with clinicians to create solutions aimed at treating conditions such as AFib.
Intuitive24 shared keywordsIntuitive develops robotic-assisted surgical systems, including the da Vinci systems for minimally invasive surgery and the Ion system for bronchoscopy. Its products are medical devices used by surgeons and physicians in healthcare settings.
Vicarious Surgical20 shared keywordsVicarious Surgical develops a surgical robot for minimally invasive laparoscopic procedures, providing surgeons with 3D visualization and precise control. The system, which has received FDA Breakthrough Device Designation, targets hospitals, surgeons, and patients seeking advanced surgical care.
Moon Surgical18 shared keywordsMoon Surgical develops the Maestro robotic surgery system, a digital surgical robotics platform used by surgeons to perform procedures. The company, with a French-American team, has received FDA clearance and CE mark for its system.
Read the Press Release16 shared keywordsStryker is a medical technology company that develops and manufactures products across areas such as orthopaedics, surgical equipment, neurotechnology, and spine care for hospitals and healthcare providers. It operates globally across the Americas, Europe, Asia-Pacific, and the Middle East.
Horizonsurgicalsystems13 shared keywordsHorizon Surgical Systems develops surgical robotics for ophthalmic procedures, with a focus on improving cataract surgery. Its technology, spun out of research at UCLA, uses AI-trained imaging to make cataract care more precise and consistent.
Olympusamerica12 shared keywordsOlympus develops medical technologies and solutions for detecting and treating disease. The company serves healthcare systems, patients, and medical professionals globally.

Companies competing with Activ Surgical for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 3

launches, deals, and filings
Jan 2023
First international procedure completed using ActivSight Intelligent Light

The company announced completion of the first international procedure performed using its ActivSight Intelligent Light.

source ↗

Jan 2023
Colorectal study findings presented at ASCRS Annual Scientific Meeting

Activ Surgical presented findings from a colorectal study using ActivSight Intelligent Light at the ASCRS Annual Scientific Meeting; an emerging technology presentation abstract was also featured at EAES 2023.

source ↗

Jan 2023
ActivSight Intelligent Light receives CE Mark approval

Activ Surgical announced it secured CE Mark approval for its ActivSight Intelligent Light product.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Activ SurgicalDelaware

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Activ Surgical do?
Activ Surgical builds intraoperative surgical intelligence hardware and software that shows surgeons structures invisible to the eye.
Who founded Activ Surgical?
Activ Surgical was founded by Peter Kim in 2017.
Who are Activ Surgical's investors?
Activ Surgical's investors include Reimagined Ventures, Alumni Ventures, Artis Ventures, Basecamp Fund, Castor Ventures (an Alumni Ventures Fund), Cota Capital, Dns Capital, GreatPoint Ventures and 7 more.
How much funding has Activ Surgical raised?
Activ Surgical has disclosed $86.6M raised across 6 rounds.
Where is Activ Surgical headquartered?
Activ Surgical is headquartered in Boston, US.