- New York- and Paris-based Uncovr has raised $7M in seed funding.
- Index Ventures led the round, with participation from Seedcamp, Frst, No Label Ventures, and Entrepreneurs First
The funds will be used to scale its AI platform that automatically generates operative reports from surgical video.
More than 400 million surgeries are performed globally every year, with a small share of robotic and minimally invasive procedures being recorded in full on video.
“Surgeons should not have to spend their time reconstructing from memory what a camera has already captured and becoming medical coders. The bigger opportunity is what comes after. Every robotic and minimally invasive procedure already generates a rich record of expert decision-making, technique, and judgment. We believe this will become one of the foundational datasets of modern medicine,” Ines Iraki, co-founder and CEO of Uncovr, tells Tech Funding News.
Uncovr was founded in 2025 to replace that process with the video by analysing and extracting all of the information so that better decisions can be made in healthcare.
The New York and Paris-based company has raised $7 million in seed funding led by Index Ventures, with participation from Seedcamp, Frst, No Label Ventures, and Entrepreneurs First.
The round also includes Jean Nehme, founder of Digital Surgery; Othman Laraki, CEO of Color Health; and Charlie Songhurst, who is a Meta board member, alongside a group of surgeons and operators.
What the camera sees that the report misses
Uncovr’s platform ingests the surgical or endoscopic video captured during a procedure and applies computer vision models to analyse what is happening in real time. Every instrument interaction, anatomical step, and procedural decision is identified, documented, and mapped to the relevant clinical and billing codes before the surgeon leaves the operating room.
The output is a complete draft operative report and procedural coding suggestion, reviewed and approved by the surgeon before it’s submitted.
“We built on top of the eye: everything the surgeon is doing, every decision, is documented by our AI that analyses the surgical video. That is one thing that is very different. The second thing is our team: we have 90 years of combined experience in surgery,” Iraki shares.
The technical foundation reflects the background of co-founder and CTO Johann Diep, who built computer vision systems for the UK Ministry of Defence, space situational awareness infrastructure for the Swiss Armed Forces, and autonomous rover technologies at the European Space Agency before joining Uncovr. The problem of reliably interpreting high-stakes video in real time requires the same underlying discipline.
Medical co-founder Prof. Eric Vibert, an academic surgeon, spent years confronting the clinical consequences of incomplete operative reporting from the other side. His involvement gives the platform credibility in the clinical environments that are hardest to enter.
The competitive landscape
Uncovr enters a surgical AI documentation market that is beginning to attract serious capital.
Theator, which has raised $54 million, applies AI to surgical video for quality analysis and outcomes data, focused more on performance review than real-time coding. Caresyntax, which has raised over $180 million, builds a broader surgical intelligence platform covering data capture, analytics, and workflow across the operating room. Proprio has raised $33 million for AI-guided surgical navigation.
What differentiates Uncovr, according to Iraki, is the combination of real-time operative documentation, immediate reimbursement application, and a founding team with direct experience in surgery and high-stakes video intelligence.
Index’s bet and the pipeline behind it
Index Ventures saw what Uncovr had already built in the field. The company has a pipeline of 400 operating rooms, thousands of hours of surgical video analysed, and live deployments in leading US and European hospitals.
“Ines, Eric and Johann have done something rare: earned adoption inside one of healthcare’s hardest environments and moved incredibly fast once inside. By structuring what happens in the OR, Uncovr is building a highly valuable dataset for surgical AI,” says Martin Mignot, partner at Index Ventures, referring to the operating room.
Iraki made the vision explicit. “Operating report and coding is the first application to show that our AI understands what is happening inside the procedure. But you can work on surgical decisions. You can help surgeons inside the surgery in real time,” she says.
The fresh cash funds two immediate priorities: hiring at the frontier of surgical AI talent and accelerating deployment in operating rooms already in the pipeline.
