First year of investment: 2023
Website: https://oxfordmedicalsimulation.com/
Investment status: Current
Investment Lead: Mike Reid
What OMS do
Oxford Medical Simulation (OMS) drives clinical competency by combining healthcare education, training and assessment through dynamic virtual reality simulations.
Using its award-winning learning platform, OMS bridges theory and practice with immersive simulation scenarios. Offering in-depth insights into clinical performance, OMS allows world-leading healthcare systems and academic institutions to scale their education, training and assessment.
74%
reduction in staffing and equipment costs
500K
Over 500,000 simulations run since 2019
89%
of learners say OMS improved their daily practice after 3 months
Why we invested in OMS
Recruitment, training and retention of healthcare professionals at scale is key to address the workforce crisis within healthcare. We have been impressed with the team at OMS and how they are addressing this issue using cutting edge software. Their immersive medical training solution drives a step change in quality, productivity and cost efficiency for healthcare systems and patients worldwide. As a purpose-driven investor, we’re excited to support them with our scale-up experience on this journey.
"This investment marks a milestone for OMS. It allows us to rapidly scale the team whilst staying true to our vision and values. Frog’s experience in helping scale impact-focused software companies, combined with the significant expertise of our healthcare advisory board, will facilitate this expansion at a critical time for OMS and the healthcare workforce."
Michael Wallace, co-founder and CEO of OMS