About Sim Converse
Sim Converse is a company based in Sydney (Australia) founded in 2020 by William Pamment.. Sim Converse has raised $1.5 million across 1 funding round from investors including Folklore and Artesian. Sim Converse offers products and services including AI Simulation Platform and Rubric System. Sim Converse operates in a competitive market with competitors including Pyx Health, mPulse, Playback Health, VyncaCare and Induction Healthcare, among others.
- Headquarter Sydney, Australia
- Founders William Pamment
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.5 M (USD)
in 1 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Mar 09, 2023
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Investors
Folklore
& 1 more
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Employee Count
Employee Count
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Products & Services of Sim Converse
Sim Converse offers a comprehensive portfolio of products and services, including AI Simulation Platform and Rubric System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables simulated conversations for healthcare skill practice and feedback.
Provides personalized evaluations based on learning rubrics.
Funding Insights of Sim Converse
Sim Converse has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.5M
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First Round
First Round
(09 Mar 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Seed - Sim Converse | Valuation | Folklore Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sim Converse
Sim Converse has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Folklore and Artesian. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital funding is offered to tech startups by Folklore.
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Founded Year | Domain | Location | |
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Venture capital and private debt fund focused on climate, agrifood, health, AI, and multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sim Converse
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sim Converse
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sim Converse Comparisons
Competitors of Sim Converse
Sim Converse operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pyx Health, mPulse, Playback Health, VyncaCare and Induction Healthcare, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Automated communication software is provided for healthcare patient engagement.
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| domain | founded_year | HQ Location |
Digital engagement and analytic solutions for healthcare payers
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| domain | founded_year | HQ Location |
Secure communication tools for patient education and engagement are provided.
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| domain | founded_year | HQ Location |
Advance care planning and virtual palliative services are offered online.
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| domain | founded_year | HQ Location |
Communication platform for healthcare professionals is provided.
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| domain | founded_year | HQ Location |
Communication platform for caregivers is provided to manage patient engagement.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Sim Converse
When was Sim Converse founded?
Sim Converse was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Sim Converse located?
Sim Converse is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Is Sim Converse a funded company?
Sim Converse is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Seed of $1.5M, raised on Mar 09, 2023.
What does Sim Converse do?
Sim Converse was founded in 2020 and is headquartered in Sydney, Australia. An AI-driven platform is offered for communication training, where scenarios involving patients, colleagues, or casualties are simulated. English-language interactions are supported at varying learner proficiency levels. Operations focus on the education and professional development sector, enabling realistic practice without human participants. The company is led by co-founder William Pamment.
Who are the top competitors of Sim Converse?
Sim Converse's top competitors include VyncaCare, Pyx Health and mPulse.
What products or services does Sim Converse offer?
Sim Converse offers AI Simulation Platform and Rubric System.