Luxsonic Technologies, Inc.

What Luxsonic Technologies, Inc. does

Luxsonic Technologies, Inc. is a privately held Canadian software company headquartered in Saskatoon, Saskatchewan, with an inception date reported variably as 2014 and 2017. The company develops virtual reality (VR) and augmented reality (AR) immersive software aimed at radiology workflows. Its flagship offering, the Virtual Imaging Platform (VIP) — marketed as SieVRt — provides a VR-based environment for diagnostic image review, radiology teaching, and multi-user collaborative case discussion. The platform integrates computer vision for image processing, speech and audio capture for radiologist dictation, eye-tracking-driven interface interaction, and a library of AI-assisted workflow tools.

Luxsonic reports obtaining Health Canada Class II Medical Device approval, which it characterizes as the first VR software platform cleared for diagnostic radiology in that jurisdiction. The product is delivered on a SaaS subscription basis, sold primarily to hospitals, academic medical centers, and medical schools. Reported end-users and pilot sites span North America (Mass General, Cleveland Clinic, McMaster, Wake Forest, Queen's University, Saskatchewan Health Authority) with smaller footprints noted in Kenya and Ecuador. The organization lists 11–50 employees and operates a partnership ecosystem that includes Bayer, CAN Health Network, the Canadian Space Agency, INOVAIT, and Radiopaedia.

Cumulative disclosed funding is modest — approximately CAD $509,680 across a 2022 INOVAIT grant (CAD $125,000), a 2022 Startup TNT / Capricorn Ventures / J. Michael's Diversified Concepts round (~$384,680 CAD combined), and selection into the 2025 Google for Startups Accelerator (non-dilutive). The capital base is therefore thin relative to typical medical-device software commercialization requirements.

Name

Luxsonic Technologies, Inc.

Legal name

Luxsonic Technologies Inc.

Website

https://luxsonic.ca

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Luxsonic Technologies is a Canadian software company that builds VR/AR-based radiology workflow platforms (SieVRt/VIP), sold via SaaS to hospitals, academic medical centers, and medical schools for diagnostic imaging, teaching, and collaborative case review.

Ownership category

akta.pro rank

Product category

Medical Imaging Software

NAICS

Surgical and Medical Instrument Manufacturing (339112), Computer Systems Design and Related Services (54151), Medical Equipment and Supplies Manufacturing (3391)

SIC

Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Radiology AI, CAD & Advanced Visualization Software (HLAHABAJ)

akta.pro secondary industries

Portable, Mobile & Point-of-Care Imaging Systems (HLAHABAL), Healthcare & Clinical Simulation (Surgery, Nursing, EMT, Patient Interaction) (EDAFAJAC), Medical-Grade Displays (Diagnostic/Clinical) (HDACADAJ), Quality, Peer Review & Compliance Tools (MQSA/ACR/QA) (HLACALAL), VR/XR Hardware & Accessories (Headsets, Controllers, Trackers, Haptics) (MPAFAGAG)

Keywords

• Medical imaging software
• Radiology workflow platform
• Virtual reality healthcare
• Diagnostic imaging solutions
• Immersive medical education

Headquarters

HQ city

Saskatoon

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Software Subscriptions (SaaS): Unified radiology workflow platform offered as a subscription model. Everything needed under one subscription including software modules, AI tools, and collaboration features.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Luxsonic Technologies builds and sells the Virtual Imaging Platform (VIP), a VR/AR-based unified radiology workflow software suite that turns a standalone VR headset into a portable diagnostic reading room. The flagship product SieVRt is Health Canada-approved as a Class II medical device for diagnostic radiology and combines viewing, worklist, AI tools, dictation, and real-time collaboration. Complementary offerings include Luxsonic Spatial (DICOM viewer for Apple Vision Pro) and specialized VR training programs such as CaregiVR and aVIP, sold primarily to hospitals, academic medical centers, and clinical trial sponsors.

Product overview

Luxsonic Technologies, Inc. offers a unified Virtual Imaging Platform (VIP) built in virtual reality for radiology workflow, powered by AI. The core product is SieVRt, an all-in-one VR radiology suite that is Health Canada-approved as a Class II Medical Device for diagnostic use. The platform architecture consists of the SieVRt core system with modular components: Luxsonic Viewer (viewing module), SieVRt Basic/Education/Collaboration/Diagnostic modules, and the Radiopaedia teaching library (50,000 cases). Additional products include Luxsonic Spatial (DICOM viewer for Apple Vision Pro), CaregiVR (space medicine training), aVIP (global health education), Pain RelieVR (dementia care), MRI Ready Program (pediatric prep), and MedCast360 (content delivery platform).

Differentiator

Problem solved

Functional benefit

Brands

• SieVRt: All-in-one virtual reality radiology workflow platform for remote diagnostic imaging, approved by Health Canada as Class II Medical Device.
• Luxsonic Spatial
• Luxsonic Viewer
• Pain RelieVR
• MedCast360
• CaregiVR
• aVIP

Products and services

• Virtual Imaging Platform (VIP) / SieVRt Unified radiology workflow platform delivered via VR headset that combines viewing, worklist management, AI automation, dictation, real-time collaboration, and an embedded 50,000-case teaching library into a portable diagnostic reading room. Sold as a subscription to hospitals, radiology practices, and academic medical centers; Health Canada-authorized as a Class II medical device for diagnostic radiology.
• Luxsonic Spatial DICOM medical imaging viewer purpose-built for Apple Vision Pro spatial computing, enabling immersive visualization of radiology images on mixed-reality hardware.
• CaregiVR Virtual reality medical training program designed to help astronauts maintain medical skills during deep space missions, where Earth communication is delayed and evacuation is impossible.
• aVIP (Avatar-Based Virtual Immersive Platform) Immersive avatar-based VR teaching and collaboration platform for healthcare education and global health training programs.
• Pain RelieVR Virtual reality training program designed to help caregivers detect pain in adults suffering from dementia.
• MRI Ready Program Patient-facing VR preparation program for pediatric MRI procedures, used at Jim Pattison Children's Hospital to reduce anxiety and sedation needs.
• MedCast360 Web-based platform for streaming 360-degree immersive medical training videos.

Quantifiable outcome

• 94% of medical students preferred learning radiology using the VIP over web-conferencing methods
• +1 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability7 records

Feature12 records

Partnerships

15 partnerships are on record, tiered core, flagship and minor.

• BayercoreStrategic or Co-development Partner · 25 June 2024Partnership with Bayer and OBIO to evaluate and enhance the Virtual Imaging Platform for use in clinical trials. Supported by OBIO's Life Sciences Critical Technologies & Commercialization Centre of Excellence. Bayer is integrating Luxsonic's platform into its Centafore Imaging Core Lab services.
• OBIO (Ontario BioNova)coreStrategic or Co-development Partner · 25 June 2024Life Sciences Critical Technologies & Commercialization (LSCTC) Centre of Excellence supporting the Bayer-Luxsonic partnership for clinical trials.
• CAN Health NetworkcoreStrategic or Co-development Partner · 11 May 2023Partnership to improve access to radiology services through virtual reality solutions. CAN Health Network is a Coordinated Accessible National health network that connects Canadian healthcare organizations with innovative technology companies. Through this partnership, Luxsonic works directly with leading Canadian healthcare organizations to scale its solution across the Network.
• INOVAITcoreStrategic or Co-development Partner · 8 February 2023Pan-Canadian partnership funded through Government of Canada's Strategic Innovation Fund. Luxsonic leads a $3 million project developing VR platform powered by AI for medical imaging and image-guided therapy. INOVAIT provides funding and ecosystem support.
• Canadian Space AgencyflagshipStrategic or Co-development Partner · 5 June 2019Contract awarded to develop CaregiVR, a VR medical training program for astronauts during deep space missions. The technology addresses medical training needs when communication with Earth is difficult and medical evacuation is impossible.
• RadiopaediacoreTechnology or IntegrationPowers the 50,000-case teaching library built into the Virtual Imaging Platform for medical education and training.
• Queen’s UniversitycoreStrategic or Co-development PartnerDepartment of Diagnostic Radiology's global health program using VR teaching program. Partnership for educational exchange and pioneering VR teaching in Kenya.
• Saskatchewan Health AuthoritycoreStrategic or Co-development PartnerClinical partnership for implementing SieVRt and conducting research trials with Dr. Brent Burbridge at University of Saskatchewan and Royal University Hospital.
• Massachusetts General HospitalcoreStrategic or Co-development PartnerTrial site for SieVRt VR radiology platform. MGH AR/VR RAD Lab exploring virtual reading rooms and collaborative radiology using Luxsonic's technology.
• Cleveland CliniccoreStrategic or Co-development PartnerTrial site for SieVRt VR radiology platform. Dr. Charles Martin from Cleveland Clinic has spoken about success with VR for medical imaging.
• McMaster UniversitycoreStrategic or Co-development PartnerTrial site for SieVRt VR radiology platform.
• Saskatchewan College of ParamedicsminorStrategic or Co-development PartnerCreated immersive VR videos for COVID-19 PPE training and nasal/oral swab collection. Project funded by Saskatchewan Health Research Foundation.
• Saskatchewan PolytechnicminorStrategic or Co-development PartnerRecorded the province's first virtual surgery using 360-degree cameras for nursing and health sciences students.
• Saskatchewan Society of Medical Lab TechnologistsminorStrategic or Co-development PartnerFederally funded project to build hands-on competency exams in VR for assessing internationally trained professionals.
• Atrium Health Wake Forest BaptistcoreStrategic or Co-development PartnerConnecting radiologists from Wake Forest Baptist in North Carolina to radiologists in Ecuador for international collaboration using SieVRt.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Surgical Theater: Provides VR-based medical imaging visualization for surgical planning and patient engagement. Closely comparable to Luxsonic's VR radiology reading and image-review workflow on the diagnostic visualization side.
• EchoPixel: Offers an interactive 3D medical imaging visualization platform used in radiology and surgical planning. Directly comparable to Luxsonic's immersive DICOM viewing and diagnostic visualization use case.
• ImmersiveTouch: VR-based surgical planning and training platform with DICOM image import. Overlaps with Luxsonic's SieVRt and SieVRt Education modules for imaging-driven VR workflows.

Emerging players

• FundamentalVR: Immersive surgical training and simulation platform using VR and haptics. Comparable in the medical education and training sub-segment of Luxsonic's portfolio (aVIP, CaregiVR, Pain RelieVR).
• Osso VR: VR-based surgical and medical device training platform. Comparable on the medical-education use case, though focused on procedural training rather than diagnostic radiology reading.
• Augmedics: AR-based surgical visualization with FDA-cleared spine system. Comparable in immersive image-guided medical visualization, though focused on AR overlay rather than VR reading rooms.

Broad incumbents

• Siemens Healthineers (syngo / Cinematic Reality): Major imaging-IT and modality vendor with VR/spatial visualization initiatives (e.g., Cinematic Reality). Represents the large incumbent that could bundle VR capabilities into its installed PACS base.
• GE HealthCare: Broad medical imaging and digital health incumbent with PACS/EDR offerings. Comparable as a potential platform competitor and partner for embedding VR-based viewing in enterprise imaging IT.
• Philips (IntelliSpace / Advanced Visualization): Healthcare technology incumbent with PACS, advanced visualization, and telehealth capabilities. Comparable as a broad incumbent whose enterprise footprint could absorb VR-style workflow features.
• Brainlab: Specialized in surgical visualization, image-guided therapy, and AR/VR planning. Comparable to Luxsonic in the image-guided-therapy VR workflow pursued via the INOVAIT-funded project.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/LuxsonicInc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors4 records

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

M&A

Investments

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

Frequently asked questions about Luxsonic Technologies, Inc.