ReadySet Surgical LLC

ReadySet Surgical LLC enhances surgical workflow efficiency through a comprehensive platform that optimizes communication and automates processes for healthcare organizations. Their solutions streamline operations and improve patient outcomes within surgical departments. Founded in 2015 and headquartered in Cincinnati, US, ReadySet Surgical LLC specializes in surgical workflow management. The company is led by CEO Keerthi Kanubaddi, who has previously founded other ventures.

In March 2020, they raised USD 5. 5 mn in Series A funding, led by JumpStart with additional participation from North Coast Ventures, bringing their total amount raised to USD 5. 5 mn. They have completed three deals since inception.

ReadySet Surgical offers an advanced platform designed to enhance surgical workflow efficiency within healthcare organizations. The platform optimizes communication among surgical teams, automates manual processes, and facilitates real-time coordination between hospitals and vendors. It provides tools for managing vendor assignments, tracking surgical supplies, and standardizing billing processes, addressing critical challenges in inventory management and operational inefficiencies. The software has been adopted by over 150 hospitals across the United States, integrating seamlessly with existing healthcare systems to support surgical departments, sterile processing teams, and supply chain managers.

ReadySet Surgical's business model operates primarily on a B2B basis, generating revenue through subscription-based services offered to healthcare institutions. Their comprehensive software solutions include features for loaner tray management, bill-only automation, and robust analytics capabilities, typically structured around annual contracts. The platform aims to streamline surgical workflows and reduce operational costs, enhancing vendor management and minimizing billing errors, thus contributing positively to the financial health of healthcare providers. Following their most recent funding in March 2020, ReadySet Surgical plans to utilize the USD 5.

5 mn raised to enhance their product offerings and expand into new markets. Specific upcoming products designed to optimize surgical logistics are in development, with aims to launch by late 2022. Additionally, the company targets expansion into new geographic regions, focusing on increasing their market presence throughout North America and exploring opportunities in European markets by 2023.