SANTA BARBARA, Calif. – DATE – Sovato, a company enabling healthcare organizations to implement and scale remote robotic surgery and procedure programs (also known as telesurgery), today announced the close of its oversubscribed Series B, bringing total funding to $41 million.

Growth-stage venture capital firm Beringea led the round, with significant follow-on investments from existing investors. Notable participants include founding investor Polaris Partners, Intuitive Surgical (NYSE: ISRG), GS Ventures, Laerdal Million Lives Fund, Puma Venture Capital, Teladoc Health (NYSE: TDOC), and other private investors. The funding will accelerate development of Sovato’s platform and advance strategic partnerships with surgical robotics companies, healthcare providers, and ecosystem collaborators.

With the global robotic surgery market projected to grow 12.4% annually through 20301 and more than 246 companies in the market today2, healthcare providers face more choices than ever as systems become increasingly specialized. Sovato’s system-agnostic platform can remote-enable any surgical, interventional, or diagnostic robotic system, positioning the company at the forefront of a major transformation in healthcare delivery.

“Two-thirds of the world lacks timely, safe surgical care, and in the U.S., 83 million patients travel each year for routine procedures—a number that will only rise as surgeon shortages intensify,” said Cynthia Perazzo, Co-Founder and CEO of Sovato. “Remote robotic surgery and procedure programs give healthcare organizations a practical way to extend the reach and impact of skilled surgeons, care teams, and operating rooms—enabling a more sustainable and accessible model of care.”

Building on this vision, Sovato’s platform empowers healthcare organizations to expand access, increase efficiency, and deliver surgical, interventional, and diagnostic care beyond the physical presence of the surgeon.

Collaborating with Industry-leading Partners

The Sovato Platform has successfully integrated with leading robotic systems and has demonstrated both safety and feasibility in preclinical cases conducted over distances ranging from hundreds to thousands of miles, both in the U.S. and internationally. These cases highlight the ability to extend expert surgical care across vast distances, emulating a real-world hub-and-spoke model.

To support safe and effective adoption, Sovato is collaborating with healthcare organizations and robotics companies worldwide to define clinical, operational, and technical guidelines, establishing the foundation for remote robotic surgery and procedures.

“Enabling this new model of care is complex. The industry is converging on standards to accelerate the safe adoption of remote robotic surgery and procedures,” said Brian Miller, EVP and Chief Digital Officer at Intuitive. “We partner with Sovato because they prioritize safety, security, and the advancement of these industry standards––empowering healthcare systems to confidently deploy this capability.”

“With this Series B funding and three years of proven momentum, Sovato is well-positioned to scale the only platform creating the market for remote surgery and procedure programs,” said Michael Gross, Beringea Managing Partner and Sovato board director. “Co-Founders Dr. Yulun Wang, whose innovations have shaped the surgical robotics industry, and Cynthia Perazzo, along with the entire Sovato team, bring the leadership and bold vision to redefine surgical access and healthcare economics.”

ABOUT SOVATO

Sovato’s vision is to create access to the highest quality surgery and procedures for everyone, everywhere. Sovato is the first and only comprehensive solution for enabling safe, scalable, and economically sustainable remote surgery and procedure programs for healthcare organizations worldwide. Based in Santa Barbara, California, Sovato was co-founded by Cynthia Perazzo, MBA, and industry pioneer Yulun Wang, PhD, founder of Computer Motion (merged with Intuitive Surgical) and InTouch Health (acquired by Teladoc Health).

For more information, visit www.Sovato.com or follow Sovato on LinkedIn.

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1 Grand View Research, Surgical Robot Systems Market Size, Industry Report, 2030, available at https://www.grandviewresearch.com/industry-analysis/surgical-robot-systems-market-report.

2 Fletcher Spaght, Inc., Robotic Assisted Surgery Landscape Review, 2025 Report, March 2025, Boston, MA.