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The Shape Sensing Company

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Namestring
The Shape Sensing Company
Legal namestring
The Shape Sensing Company
Company typeenum
Private
Founded yearint
2020
Descriptiontext

The Shape Sensing Company (TSSC) is a private Austin-based company founded in 2020 that develops fiber optic 3D shape sensing platforms for minimally invasive medical devices. Its technology uses Optical Frequency Domain Reflectometry (OFDR) with distributed Fiber Bragg Gratings to deliver continuous, full-length 3D reconstruction of flexible instruments — providing up to 8,000 six-degree-of-freedom measurements along a 1.25-meter sensor at 150-micron resolution and minimum 60 fps refresh rate with 30ms hardware latency. The flagship Pathfinder Shape Sensing Platform, launched in 2021, and a Generation 2 prototype introduced in 2024 with sub-millimeter accuracy, are sold as embedded components into partner devices across endovascular, structural heart, endoscopy, electrophysiology, robotic surgery, and orthopedic segments.

TSSC operates an OEM/embedded go-to-market under a structured three-phase engagement (Evaluate, Integrate, Scale), partnering with medical device companies, CDMOs, and well-funded medical-device startups while partners retain responsibility for clinical workflow, regulatory clearance, and commercialization. The company monetizes through licensing/royalty arrangements, engineering and integration services, and long-term production supply of sensors and systems, with quote-based, multi-year contracts; pricing is not publicly disclosed. The company originates from NASA technology, maintains 1-10 employees, and is supported by a series of accelerator affiliations (MedTech Innovator 2024, JLABS residency, UT Austin Texas Venture Labs), angel financing through Angel Capital Association / Mid Atlantic Bio Angels members, and several industry recognitions including the 2023 Luis Villalobos Award and Top 100 Robotics Companies 2025.

Leadership was reset in January 2024 with the appointment of medtech veteran Ryan DeBoer as CEO, complemented by an Advisory Board that includes vascular-surgery expert Dr. Dennis Gable. Revenue and funding totals are not publicly disclosed beyond approximately $3.7M identified across a 2020 seed and a 2022 round, consistent with a company still in pre-commercial or early commercial scale.

Short descriptiontext

The Shape Sensing Company (TSSC) is an Austin-based OEM/embedded supplier of fiber optic 3D shape sensing platforms that medical device companies integrate into flexible instruments for minimally invasive and robotic-assisted procedures across vascular, endoscopic, electrophysiology, and surgical robotics applications.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersAustin, United States
HQ citystring
Austin
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
fiber optic shape sensing, medical device sensors, surgical navigation platform, robotic surgery technology, minimally invasive devices
Industry3 codes
1Surgical Navigation, Robotics & Patient-Matched Instrumentation (Ortho/Spine)
CodeHLAHAEALPrimaryYes
2Connected Medical Devices & Wearables (Sensors, Patches, Implantables)
CodeHLACAPABPrimaryNo
3Machine Vision & Optical Sensing (Cameras, 3D vision, LiDAR, illumination)
CodeIMAGAFABPrimaryNo
NAICS code3 codes
  • Navigational, Measuring, Electromedical, and Control Instruments Manufacturing33451
  • Electromedical and Electrotherapeutic Apparatus Manufacturing334510
  • Surgical and Medical Instrument Manufacturing339112
SIC code2 codes
  • Optical Instruments & Lenses3827
  • Surgical & Medical Instruments & Apparatus3841
Product category
Fiber Optic Shape Sensing Medical Devices
Social media profiles1 record
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model3 records
1OEM/Embedded Shape Sensing Platform
TypeLicensing Royalties
Description

TSSC provides an integrated platform of sensors, systems, and software designed to embed full-length shape awareness directly into medical devices. Partners integrate TSSC's technology into their products, with TSSC providing the sensing foundation through sensors, systems, and software, while partners lead clinical workflow, regulatory clearance, and commercialization.

shapesensing.com
2Engineering and Integration Services
TypeProfessional Services
Description

Provides technical collaboration and engineering support during platform integration phases including Evaluate, Integrate, and Scale stages. Supports sensor and platform integration with ongoing technical support throughout development.

shapesensing.com
3Production Supply
TypeHardware Sales
Description

Long-term production supply of fiber optic sensors and systems for partners as they scale commercialization of devices with embedded shape sensing technology.

shapesensing.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Operations
Pricing details2 tiers
1Pathfinder Advanced Shape Sensing Platform - Desktop unit for laboratory environments
ModelOtherBilling cadenceMulti-year contract
Notes

Desktop unit for laboratory environment with real-time shape display and Ethernet streaming capabilities. Specific pricing not publicly disclosed.

shapesensing.com
2Custom OEM Platform Integration
ModelSubscriptionBilling cadenceMulti-year contract
Notes

Partnership model involves co-development, platform integration, and long-term alignment with scalable support across product generations. Revenue streams include licensing, engineering services, and production supply. Pricing is quote-based for custom integration projects.

shapesensing.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

The Shape Sensing Company (TSSC) provides an integrated fiber optic shape sensing platform comprising embeddable sensors, high-speed interrogation systems, and integration software/SDKs. The platform enables medical device companies to embed real-time, full-length 3D shape awareness directly into flexible minimally invasive and robotic surgical instruments. TSSC partners with OEMs and CDMOs through a three-phase Evaluate-Integrate-Scale engagement model, supplying the sensing foundation while partners handle device design, clinical workflow, regulatory clearance, and commercialization.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Generation 2 system demonstrated mean absolute error of 0.60mm and maximum error of 2.49mm, compared to 1.9mm and 12.25mm respectively for Generation 1
+2 more records
Product overview1 text field

The Shape Sensing Company offers an integrated platform of fiber optic shape sensing technology comprising three core layers: embeddable fiber optic sensors, system-level interrogation hardware, and software interfaces/SDKs. The flagship product is the Pathfinder Shape Sensing Platform, which provides real-time 3D shape reconstruction with 60 fps refresh rate and 30ms latency. The platform enables full-length device awareness for navigation, feedback control, and autonomous intervention in minimally invasive surgical and robotic procedures. The company also develops successive generations of its core technology, with the Generation 2 prototype system offering improved accuracy specifications.

Product and service5 records
1Pathfinder Shape Sensing Platform
CategoryShape Sensing Hardware Platform
Description

TSSC's flagship hardware-software platform that performs real-time reconstruction and display of the 3D shape of flexible optical fibers integrated into medical devices. Provides a minimum 60 fps refresh rate and maximum 30 ms hardware latency, supporting 3D shape, twist, bending, strain, temperature, force, and pressure measurements for surgical guidance, robotic feedback control, and intelligent procedural workflows. Sold as a desktop unit for laboratory environments with real-time shape display and Ethernet streaming capabilities.

2Shape Sensing Platform — Sensors
CategoryEmbeddable Fiber Optic Sensors
Description

Embeddable fiber optic sensors engineered for integration into flexible medical devices. Measure the entire device shape continuously from within, tracking bending, twisting, and navigation through anatomy without reliance on external tracking or intermittent imaging. Designed for OEM embedding into catheters, endoscopes, electrophysiology devices, and robotic surgical instruments.

3Shape Sensing Platform — Systems
CategoryOptical Interrogation Hardware
Description

System-level hardware that performs high-speed optical interrogation and shape reconstruction by interfacing with embedded fiber optic sensors and converting optical signals into real-time shape data. Designed for integration into partner clinical systems and capital equipment, with automatic temperature compensation for clinical environments.

4Shape Sensing Platform — Software
CategoryIntegration Software and SDKs
Description

Software interfaces and SDKs that deliver real-time, full-length shape data into partner visualization, navigation, and control systems. Supports low-latency data streaming for guidance, robotic feedback control, and intelligent procedural workflows within partner medical device platforms.

5Generation 2 Fiber Optic Shape Sensing System
CategoryShape Sensing System (Prototype)
Description

Prototype second-generation fiber optic shape sensing system with improved hardware and processing algorithms. Delivers enhanced twist sensitivity enabling sub-centimeter accuracy over sensor lengths exceeding one meter, even in tortuous shapes. Status: prototype.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-06-03
Description

TSSC was selected to join the MedTech Innovator Accelerator 2024 cohort, the largest and most respected accelerator of medical technology companies. This provides access to industry mentorship, potential partnerships, and investor networks.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-02-02
Description

TSSC became a resident company within the prestigious Johnson & Johnson Innovation - JLABS ecosystem. This partnership represents a significant leap forward in the company's development and provides access to JLABS' resources, mentorship, and network within the healthcare and medical technology space.

3UT Austin Texas Venture Labs
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2024-01-12
Description

TSSC was accepted into the John Brumley Texas Venture Labs Spring 2024 accelerator cohort at UT Austin's McCombs School of Business. The accelerator provides mentorship, resources, and network access for early-stage companies.

shapesensing.com
Strategic tierCoreTypeOEM/ Whitelabel/ Licensing Partner
Description

TSSC partners with medical device companies developing instruments and systems for minimally invasive procedures. Typical partners include teams working on endovascular and structural heart devices, endoscopy and bronchoscopy platforms, electrophysiology and cardiac mapping systems, and robotic and computer-assisted interventional platforms. Partners build differentiated products and view shape sensing as a foundational capability.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Develops fiber optic sensing and measurement technologies including shape and strain sensing for medical and industrial applications. Most direct technology peer given overlapping OFDR/FBG-based distributed fiber optic sensing capabilities.

TypeBroad incumbent
Description

Operates the StealthStation surgical navigation platform using electromagnetic tracking for neurosurgery, spine, and ENT. Competes in the same surgical navigation market that TSSC's shape sensing platform addresses via a different technical approach.

TypeBroad incumbent
Description

Provides surgical navigation, planning, and augmented reality platforms across neurosurgery, spine, ENT, and interventional radiology. Broad incumbent with overlapping navigation use cases where TSSC's shape sensing could displace EM-based tracking.

TypeBroad incumbent
Description

Da Vinci surgical robotics leader and a logical OEM partner for TSSC's shape sensing platform. TSSC explicitly targets robotic-assisted surgery as a primary use case for closed-loop feedback control.

TypeBroad incumbent
Description

Mako robotic-arm assisted surgery platform is a logical integration target for TSSC's orthopedic and spine shape sensing capabilities. Both address surgical navigation with overlapping robotic-assisted use cases.

TypeBroad incumbent
Description

Through Ethicon and Auris Health (Monarch platform), J&J is a major surgical robotics and endoscopy player. TSSC's JLABS residency positions it within J&J's ecosystem as a potential enabling technology supplier.

TypeBroad incumbent
Description

Philips' interventional guidance and imaging platforms compete in the same endovascular and electrophysiology navigation workflows where TSSC's shape sensing offers a radiation-free alternative.

TypeBroad incumbent
Description

Provides interventional imaging and navigation systems for cardiology and vascular procedures. Represents incumbent imaging-based navigation workflows that shape sensing could augment or replace.

TypeDirect peer
Description

Fiber optic sensor manufacturer (now part of HBK) producing FBG-based sensors for medical, energy, and structural applications. Adjacent fiber optic sensing peer with overlapping core technology.

TypeEmerging player
Description

Develops fiber optic-based surgical tools and CO2 laser systems for minimally invasive surgery. Adjacent emerging player using fiber optic technology in medical interventions.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability5 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

The Shape Sensing Company

Fiber Optic Shape Sensing Medical Devicesshapesensing.com

The Shape Sensing Company (TSSC) is an Austin-based OEM/embedded supplier of fiber optic 3D shape sensing platforms that medical device companies integrate into flexible instruments for minimally invasive and robotic-assisted procedures across vascular, endoscopic, electrophysiology, and surgical robotics applications.

What The Shape Sensing Company does

The Shape Sensing Company (TSSC) is a private Austin-based company founded in 2020 that develops fiber optic 3D shape sensing platforms for minimally invasive medical devices. Its technology uses Optical Frequency Domain Reflectometry (OFDR) with distributed Fiber Bragg Gratings to deliver continuous, full-length 3D reconstruction of flexible instruments — providing up to 8,000 six-degree-of-freedom measurements along a 1.25-meter sensor at 150-micron resolution and minimum 60 fps refresh rate with 30ms hardware latency. The flagship Pathfinder Shape Sensing Platform, launched in 2021, and a Generation 2 prototype introduced in 2024 with sub-millimeter accuracy, are sold as embedded components into partner devices across endovascular, structural heart, endoscopy, electrophysiology, robotic surgery, and orthopedic segments.

TSSC operates an OEM/embedded go-to-market under a structured three-phase engagement (Evaluate, Integrate, Scale), partnering with medical device companies, CDMOs, and well-funded medical-device startups while partners retain responsibility for clinical workflow, regulatory clearance, and commercialization. The company monetizes through licensing/royalty arrangements, engineering and integration services, and long-term production supply of sensors and systems, with quote-based, multi-year contracts; pricing is not publicly disclosed. The company originates from NASA technology, maintains 1-10 employees, and is supported by a series of accelerator affiliations (MedTech Innovator 2024, JLABS residency, UT Austin Texas Venture Labs), angel financing through Angel Capital Association / Mid Atlantic Bio Angels members, and several industry recognitions including the 2023 Luis Villalobos Award and Top 100 Robotics Companies 2025.

Leadership was reset in January 2024 with the appointment of medtech veteran Ryan DeBoer as CEO, complemented by an Advisory Board that includes vascular-surgery expert Dr. Dennis Gable. Revenue and funding totals are not publicly disclosed beyond approximately $3.7M identified across a 2020 seed and a 2022 round, consistent with a company still in pre-commercial or early commercial scale.

The Shape Sensing Company firmographics

Firmographics
Name
The Shape Sensing Company
Legal name
The Shape Sensing Company
Website
https://shapesensing.com
Company type
Private
Founded year
2020
Operating status
Operating
Headcount range
1–10 employees
Short description
The Shape Sensing Company (TSSC) is an Austin-based OEM/embedded supplier of fiber optic 3D shape sensing platforms that medical device companies integrate into flexible instruments for minimally invasive and robotic-assisted procedures across vascular, endoscopic, electrophysiology, and surgical robotics applications.
Ownership category
akta.pro rank

The Shape Sensing Company industry classification

Industry
Product category
Fiber Optic Shape Sensing Medical Devices
NAICS
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Surgical and Medical Instrument Manufacturing (339112)
SIC
Optical Instruments & Lenses (3827), Surgical & Medical Instruments & Apparatus (3841)
akta.pro primary industry
Surgical Navigation, Robotics & Patient-Matched Instrumentation (Ortho/Spine) (HLAHAEAL)
akta.pro secondary industries
Connected Medical Devices & Wearables (Sensors, Patches, Implantables) (HLACAPAB), Machine Vision & Optical Sensing (Cameras, 3D vision, LiDAR, illumination) (IMAGAFAB)

Keywords

  • Fiber optic shape sensing
  • Medical device sensors
  • Surgical navigation platform
  • Robotic surgery technology
  • Minimally invasive devices

Where The Shape Sensing Company is headquartered

Location

Headquarters

HQ city
Austin
HQ country
United States
HQ region
North America

Offices1 record

Markets served

The Shape Sensing Company business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Operations

Revenue model

  1. OEM/Embedded Shape Sensing Platform: TSSC provides an integrated platform of sensors, systems, and software designed to embed full-length shape awareness directly into medical devices. Partners integrate TSSC's technology into their products, with TSSC providing the sensing foundation through sensors, systems, and software, while partners lead clinical workflow, regulatory clearance, and commercialization.
  2. Engineering and Integration Services: Provides technical collaboration and engineering support during platform integration phases including Evaluate, Integrate, and Scale stages. Supports sensor and platform integration with ongoing technical support throughout development.
  3. Production Supply: Long-term production supply of fiber optic sensors and systems for partners as they scale commercialization of devices with embedded shape sensing technology.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractPathfinder Advanced Shape Sensing Platform - Desktop unit for laboratory environments
SubscriptionMulti-year contractCustom OEM Platform Integration

Go-to-market motion3 records

Distribution channels1 record

Marketing channels6 records

The Shape Sensing Company product offering

Product offering

Core offering

The Shape Sensing Company (TSSC) provides an integrated fiber optic shape sensing platform comprising embeddable sensors, high-speed interrogation systems, and integration software/SDKs. The platform enables medical device companies to embed real-time, full-length 3D shape awareness directly into flexible minimally invasive and robotic surgical instruments. TSSC partners with OEMs and CDMOs through a three-phase Evaluate-Integrate-Scale engagement model, supplying the sensing foundation while partners handle device design, clinical workflow, regulatory clearance, and commercialization.

Product overview

The Shape Sensing Company offers an integrated platform of fiber optic shape sensing technology comprising three core layers: embeddable fiber optic sensors, system-level interrogation hardware, and software interfaces/SDKs. The flagship product is the Pathfinder Shape Sensing Platform, which provides real-time 3D shape reconstruction with 60 fps refresh rate and 30ms latency. The platform enables full-length device awareness for navigation, feedback control, and autonomous intervention in minimally invasive surgical and robotic procedures. The company also develops successive generations of its core technology, with the Generation 2 prototype system offering improved accuracy specifications.

Differentiator

Problem solved

Functional benefit

Products and services

  • Pathfinder Shape Sensing Platform TSSC's flagship hardware-software platform that performs real-time reconstruction and display of the 3D shape of flexible optical fibers integrated into medical devices. Provides a minimum 60 fps refresh rate and maximum 30 ms hardware latency, supporting 3D shape, twist, bending, strain, temperature, force, and pressure measurements for surgical guidance, robotic feedback control, and intelligent procedural workflows. Sold as a desktop unit for laboratory environments with real-time shape display and Ethernet streaming capabilities.
  • Shape Sensing Platform — Sensors Embeddable fiber optic sensors engineered for integration into flexible medical devices. Measure the entire device shape continuously from within, tracking bending, twisting, and navigation through anatomy without reliance on external tracking or intermittent imaging. Designed for OEM embedding into catheters, endoscopes, electrophysiology devices, and robotic surgical instruments.
  • Shape Sensing Platform — Systems System-level hardware that performs high-speed optical interrogation and shape reconstruction by interfacing with embedded fiber optic sensors and converting optical signals into real-time shape data. Designed for integration into partner clinical systems and capital equipment, with automatic temperature compensation for clinical environments.
  • Shape Sensing Platform — Software Software interfaces and SDKs that deliver real-time, full-length shape data into partner visualization, navigation, and control systems. Supports low-latency data streaming for guidance, robotic feedback control, and intelligent procedural workflows within partner medical device platforms.
  • Generation 2 Fiber Optic Shape Sensing System Prototype second-generation fiber optic shape sensing system with improved hardware and processing algorithms. Delivers enhanced twist sensitivity enabling sub-centimeter accuracy over sensor lengths exceeding one meter, even in tortuous shapes. Status: prototype.

Quantifiable outcome

  • Generation 2 system demonstrated mean absolute error of 0.60mm and maximum error of 2.49mm, compared to 1.9mm and 12.25mm respectively for Generation 1
  • +2 more outcomes

Companies that use The Shape Sensing Company

Customer profile

Named customers3 records

Segments5 records

Ideal customer profiles2 records

The Shape Sensing Company technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature7 records

The Shape Sensing Company partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

  • MedTech InnovatorcoreStrategic or Co-development Partner · 3 June 2024TSSC was selected to join the MedTech Innovator Accelerator 2024 cohort, the largest and most respected accelerator of medical technology companies. This provides access to industry mentorship, potential partnerships, and investor networks.
  • Johnson & Johnson Innovation - JLABScoreStrategic or Co-development Partner · 2 February 2024TSSC became a resident company within the prestigious Johnson & Johnson Innovation - JLABS ecosystem. This partnership represents a significant leap forward in the company's development and provides access to JLABS' resources, mentorship, and network within the healthcare and medical technology space.
  • UT Austin Texas Venture LabsminorStrategic or Co-development Partner · 12 January 2024TSSC was accepted into the John Brumley Texas Venture Labs Spring 2024 accelerator cohort at UT Austin's McCombs School of Business. The accelerator provides mentorship, resources, and network access for early-stage companies.
  • Medical Device Companies (Undisclosed)coreOEM/ Whitelabel/ Licensing PartnerTSSC partners with medical device companies developing instruments and systems for minimally invasive procedures. Typical partners include teams working on endovascular and structural heart devices, endoscopy and bronchoscopy platforms, electrophysiology and cardiac mapping systems, and robotic and computer-assisted interventional platforms. Partners build differentiated products and view shape sensing as a foundational capability.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

The Shape Sensing Company competitors and assessment

Company assessment

Direct peers

  • Luna Innovations: Develops fiber optic sensing and measurement technologies including shape and strain sensing for medical and industrial applications. Most direct technology peer given overlapping OFDR/FBG-based distributed fiber optic sensing capabilities.
  • FISO Technologies (HBK FiberSensing): Fiber optic sensor manufacturer (now part of HBK) producing FBG-based sensors for medical, energy, and structural applications. Adjacent fiber optic sensing peer with overlapping core technology.

Broad incumbents

  • Medtronic (StealthStation): Operates the StealthStation surgical navigation platform using electromagnetic tracking for neurosurgery, spine, and ENT. Competes in the same surgical navigation market that TSSC's shape sensing platform addresses via a different technical approach.
  • Brainlab: Provides surgical navigation, planning, and augmented reality platforms across neurosurgery, spine, ENT, and interventional radiology. Broad incumbent with overlapping navigation use cases where TSSC's shape sensing could displace EM-based tracking.
  • Intuitive Surgical: Da Vinci surgical robotics leader and a logical OEM partner for TSSC's shape sensing platform. TSSC explicitly targets robotic-assisted surgery as a primary use case for closed-loop feedback control.
  • Stryker (Mako): Mako robotic-arm assisted surgery platform is a logical integration target for TSSC's orthopedic and spine shape sensing capabilities. Both address surgical navigation with overlapping robotic-assisted use cases.
  • Johnson & Johnson (Ethicon / Auris Health): Through Ethicon and Auris Health (Monarch platform), J&J is a major surgical robotics and endoscopy player. TSSC's JLABS residency positions it within J&J's ecosystem as a potential enabling technology supplier.
  • Philips (Interventional Guidance): Philips' interventional guidance and imaging platforms compete in the same endovascular and electrophysiology navigation workflows where TSSC's shape sensing offers a radiation-free alternative.
  • Siemens Healthineers: Provides interventional imaging and navigation systems for cardiology and vascular procedures. Represents incumbent imaging-based navigation workflows that shape sensing could augment or replace.

Emerging players

  • OmniGuide Holdings: Develops fiber optic-based surgical tools and CO2 laser systems for minimally invasive surgery. Adjacent emerging player using fiber optic technology in medical interventions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

The Shape Sensing Company social profiles

Digital presence

The Shape Sensing Company financial estimates

Financial estimate

Revenue estimate

Valuation estimate

The Shape Sensing Company leadership team

Management profile

Number of profiles

Profiles3 records

The Shape Sensing Company funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

The Shape Sensing Company M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Shape Sensing Company

What does The Shape Sensing Company do?

The Shape Sensing Company (TSSC) provides an integrated fiber optic shape sensing platform comprising embeddable sensors, high-speed interrogation systems, and integration software/SDKs. The platform enables medical device companies to embed real-time, full-length 3D shape awareness directly into flexible minimally invasive and robotic surgical instruments. TSSC partners with OEMs and CDMOs through a three-phase Evaluate-Integrate-Scale engagement model, supplying the sensing foundation while partners handle device design, clinical workflow, regulatory clearance, and commercialization.

Is The Shape Sensing Company a public or private company?

The Shape Sensing Company is a private company. It is classified as venture growth investor backed and is currently operating.

When was The Shape Sensing Company founded?

The Shape Sensing Company was founded in 2020. It employs 1 to 10 people.

Where is The Shape Sensing Company based?

The Shape Sensing Company is headquartered in Austin, United States, in the North America region.

How does The Shape Sensing Company make money?

Three revenue lines are on record. OEM/Embedded Shape Sensing Platform is the primary driver. The others are engineering and Integration Services and production Supply.

Who are The Shape Sensing Company's main competitors?

Direct peers on record are Luna Innovations and FISO Technologies (HBK FiberSensing). Broad incumbents are Medtronic (StealthStation), Brainlab, Intuitive Surgical, Stryker (Mako), Johnson & Johnson (Ethicon / Auris Health), Philips (Interventional Guidance) and Siemens Healthineers. OmniGuide Holdings is listed as an emerging player.

Does The Shape Sensing Company have an API?

No public API is recorded for The Shape Sensing Company.

What industry is The Shape Sensing Company in?

The Shape Sensing Company's product category is Fiber Optic Shape Sensing Medical Devices. Its primary akta.pro industry code is HLAHAEAL, Surgical Navigation, Robotics & Patient-Matched Instrumentation (Ortho/Spine), with a secondary code of HLACAPAB, Connected Medical Devices & Wearables (Sensors, Patches, Implantables). Its NAICS code is 33451 and its SIC code is 3827.

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Live signals
EIN PresswireThe Shape Sensing Company Launches OmniShape, Its Next-Generation Fiber Optic Shape Sensing SystemThe Shape Sensing Company launched OmniShape, an embeddable fiber optic shape sensing platform for OEMs. It offers real-time 3D spatial data via Ethernet API with update rates up to 150 Hz and supports sensors up to 2.0 meters in length. The system is available in limited quantities for evaluation and will be showcased at LSI Europe.MedicaldesignandoutsourcingShape Sensing offers fiber optic navigation to other devicemakersThe Shape Sensing Co. is developing a fiber optic guidewire for minimally invasive procedures, offering its technology to device makers without access to Luna Innovations' IP. The company plans FDA 510(k) clearance by mid-2025 for its first device, targeting endovascular aneurysm repair, and is raising Series B funding.American City Business JournalsAustin ranks No. 1 for STEM professionalsThe article highlights Austin's prominence for STEM professionals by reporting on recent developments at three local technology companies. CesiumAstro secured $30M in equity funding to support its space communications and satellite terminal technologies, while The Shape Sensing Company appointed Ryan DeBoer as its new CEO. Additionally, Austin-based insurtech firm Ethos was named to Forbes' 2024 Fintech 50 list, reflecting its significant market valuation and revenue.EIN PresswireMABA Invests in 3D Shape Sensing TechnologyMid Atlantic Bio Angels (MABA) has invested in The Shape Sensing Company (TSSC), focusing on advancing 3D shape sensing technology for surgical navigation. This investment aims to enhance the effectiveness and safety of surgical procedures, ultimately improving patient outcomes. MABA's support highlights its commitment to fostering promising health care startups.