About Uncovr
Uncovr makes software for surgeons and hospitals that turns video from the operating room into operative reports and procedure codes. It connects to laparoscopic and robotic video sources. Its own models identify the steps performed in a procedure and draft the report and coding suggestions before the surgeon leaves the room. Each output is reviewed and approved before it is submitted. The product is offered to surgeons and revenue cycle teams, and it serves major health systems and ASCs.
Ines Iraki is co-founder and chief executive officer, and Johann Diep is co-founder and chief technology officer. Eric Vibert is co-founder and medical director, and Prakash Gatta is vice president of clinical affairs. Uncovr was founded in 2025 and operates between Paris and New York. Its team comes from nine countries. It works with hospitals in the US and Europe. In June 2026 it announced a $7 million seed round led by Index Ventures.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Dec 11, 2025 | Nov 6, 2026 | $5,144,983fully sold | 25 | $205K | EquityRule 506(b) | Form D ↗ |
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Rounds announced by Uncovr
What the company said publicly about its funding. Announced amounts can differ from Form D figures: an announcement can combine several closings, and some money is raised without a Form D.
| Announced | Round | Amount | Investors | Source |
|---|---|---|---|---|
| Jun 10, 2026 | Seed | $7 million | Index Ventures (lead), Seedcamp, Frst, No Label Ventures, Sequoia Scout, Entrepreneurs First; Jean Nehme, Othman Laraki, Charlie Songhurst and a group of surgeons and operators | Index Ventures: Uncovr Raises $7 Million in Seed Funding ↗ Healthcare IT Today: Uncovr Raises $7 Million in Seed Funding from Index Ventures ↗ |
Why Investors Backed Uncovr
Uncovr sells software that analyzes surgical video to draft operative reports and procedure codes. Its pitch is that hospitals should code from the video of a procedure, not from notes written afterward. Uncovr announced a $7 million seed round led by Index Ventures in June 2026.
The problem it targets
In Uncovr's account, the operative report is rebuilt manually from memory, often hours after surgery, by a surgeon juggling cases. That report becomes the legal and clinical record of the procedure and the basis for billing. A study of more than 1,000 surgical cases, cited in Uncovr's announcement, found that most operative reports omit at least 70% of recommended clinical information. Martin Mignot, a partner at Index Ventures, wrote that billions are lost each year because the record comes from memory.
What the product does
Beyond the report, Uncovr uses video as the source for a structured clinical record. Hospitals can use that record for documentation, compliance, quality review and research. Index Ventures says the platform lets hospitals find billing they missed. It adds that the records can help lower rates of infection, readmission and reoperation. Uncovr is building a video-understanding foundation model that turns live surgical video into structured data. Surgeons help shape the product, and each new hire starts in the operating room.
Progress so far
Uncovr has a pipeline representing more than 400 operating rooms. In a few months, its system analyzed thousands of hours of surgical video. Its own early analysis of deployed cases found missed billable steps in 16% of procedures and a reimbursement gap of about 10%. Uncovr attributes both to documentation gaps that human review had not caught. Dr. Prakash Gatta is medical director of complex foregut surgery at Texas Health Resources. He said a look at "our own cases" showed clear gaps between the operating room and the record.
Who backs it
Index Ventures led the $7 million seed round. Seedcamp, Frst, No Label Ventures, Sequoia Scout and Entrepreneurs First took part. The round also drew support from Jean Nehme, founder of Digital Surgery, which Medtronic acquired. Othman Laraki, chief executive officer of Color Health, and Charlie Songhurst, a Meta board member, also back it. Martin Mignot, a partner at Index, said that by structuring what happens in the operating room, Uncovr is building a valuable dataset for surgical AI. Eric Vibert is chief of surgery at AP-HP. Johann Diep previously built AI systems for autonomous environments in defense and at the European Space Agency.
How the market is moving
Index Ventures notes that more than 400 million surgeries are performed each year worldwide. A growing share are now captured on video through robotic and minimally invasive methods. Chief executive officer Ines Iraki believes this video record of expert decisions and technique will become a core dataset of modern medicine. Her stated aim is to make learning surgery by watching possible at scale.
We wrote this summary from public statements by Uncovr and its investors. It is not investment advice.
Uncovr in the News
Leadership Team
Executive officers and directors listed on Uncovr's Form D filed Nov 6, 2026.
