HoloRay

What HoloRay does

HoloRay is a Montreal-based, privately held company that builds a mixed reality telecollaboration platform purpose-engineered for healthcare. The platform combines a web-based software product (HoloXR) with a Class I-registered IoT device (HoloPod) that captures feeds from medical instruments such as ultrasound machines and vital sign monitors, and a virtual clinical training module (HoloSim) with built-in performance assessment. The core capability is "see-what-I-see" first-person video streaming paired with real-time 2D and 3D annotations, enabling a remote expert or educator to view and guide an on-site procedure, examination, or training session from any internet-connected device. The platform is built to be compliant with HIPAA, PHIPA, GDPR, HITECH, and FDA 21 CFR Part 11, and is positioned for regulated clinical environments rather than general-purpose telepresence.

HoloRay's go-to-market is enterprise field sales. The website uses "Talk to an Expert" and "Book a demo" CTAs rather than self-serve sign-up, and pricing is not publicly disclosed, indicating custom/quote-based contracts. Revenue mechanics combine software subscriptions (HoloXR, HoloSim) with hardware sales (HoloPod) and enterprise/custom professional services for tailored training experiences. Named customers include Duke University/Duke Cardiology, McGill University Health Centre (ultrasound training), Jewish General Hospital (CVICU and cardiology teaching), and medical device company SonoRAY. The company reports supporting care in 10+ hospitals, being used by 80+ clinicians, and operating across the US, Canada, and the EU.

At 12 employees, HoloRay is an early-stage private company with no disclosed funding rounds, revenue, or ownership structure in the available data. The strategic posture is to build defensibility through regulatory compliance, healthcare-specific workflows, and a hardware-plus-software stack, while extending the buyer base beyond academic medical centers into medical device manufacturers, first responders, and clinical training programs. The company is operating but data is thin on commercial scale, customer concentration, and growth velocity.

Name

HoloRay

Legal name

HoloRay

Website

https://holoray.ca

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

HoloRay is a Montreal-based private company that provides a mixed reality telecollaboration platform (HoloXR), an FDA Class I IoT medical instrument capture device (HoloPod), and a virtual clinical training module (HoloSim) for hospitals, medical universities, and medical device companies.

Ownership category

akta.pro rank

Product category

Mixed Reality Healthcare Collaboration Software

NAICS

Software Publishers (5132), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

EHR/EMR Integration & Interoperability Middleware (HL7/FHIR) (HLALAKAD)

akta.pro secondary industry

Data Aggregation, Interoperability & APIs for RPM (FHIR/IoMT Gateways) (HLACAFAO)

Keywords

• Mixed reality healthcare
• Medical telecollaboration software
• Remote clinical training
• Medical IoT devices
• Surgical training platform

Headquarters

HQ city

Montreal

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Subscriptions (HoloXR, HoloSim): Web-based software platform subscriptions for telecollaboration and virtual training. The platform unify on-site teams with remote experts through see-what-I-see visuals and interactive annotations.
2. Hardware Sales (HoloPod): Class I-registered IoT device designed to capture multiple feeds from diverse medical instruments and transmit them to HoloXR sessions. One-time hardware purchase with potential ongoing support.
3. Enterprise/Custom Solutions: Custom virtual clinical training experiences built with clinical insight and MRXR expertise, potentially including professional services for customization.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

HoloRay develops and sells a mixed reality healthcare collaboration platform consisting of three integrated products: HoloXR, a web-based telecollaboration platform enabling real-time see-what-I-see visuals and interactive 2D/3D annotations between on-site teams and remote experts; HoloPod, a Class I-registered IoT device that captures and securely transmits feeds from medical instruments into HoloXR sessions; and HoloSim, a virtual clinical training experience with built-in assessment analytics. The platform is purpose-built for healthcare environments with compliance to HIPAA, PHIPA, GDPR, and FDA Class I, and is sold through consultative enterprise sales to hospitals, medical universities, and medical device companies.

Product overview

HoloRay is a mixed reality healthcare collaboration platform offering a unified portfolio of three integrated products. HoloXR serves as the core telecollaboration platform enabling real-time see-what-I-see visuals and interactive annotations between on-site teams and remote experts/students. HoloPod is a Class I-registered IoT hardware device that captures feeds from medical instruments and transmits them into HoloXR sessions for remote viewing. HoloSim provides virtual clinical training simulations with built-in assessment and analytics. Together, these products support teaching, learning, product support, and patient care from any location.

Differentiator

Problem solved

Functional benefit

Brands

• HoloXR: A powerful telecollaboration platform unifying on-site teams with remote experts and students through see-what-I-see visuals and interactive annotations.
• HoloPod
• HoloSim

Products and services

• HoloXR A web-based telecollaboration platform that unifies on-site teams with remote experts and students through real-time see-what-I-see visuals and interactive 2D/3D annotations. Supports viewing from desktop, laptop, tablet, phone, or compatible MR headset. Designed for hospitals, medical universities, and healthcare training programs needing remote expertise.
• HoloPod A Class I-registered IoT device that captures multiple feeds from diverse medical instruments (ultrasound machines, vital sign monitors) and securely transmits them to HoloXR sessions for remote collaboration and support. Includes hot-swappable battery backup and supports Wi-Fi, Ethernet, or 4G/5G/LTE connectivity.
• HoloSim Virtual clinical training experiences that provide consistent, repeatable autonomous hands-on learning for any procedure or medical scenario. Includes automatically recorded performance analytics for tracking learner progress and built-in assessment aligned with institutional curricula and regulatory standards.

Named customers4 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

AI capability3 records

Feature7 records

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/holoray

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 HoloRay