About SimX
SimX is a Healthcare company based in Mountain View (United States) founded in 2013 by Ryan Ribeira and Karthik V Sarma, and was acquired by Madison Industries in November 2024. It operates in the Healthcare and Technology sectors. SimX has raised $2.82 million across 3 funding rounds from investors including Madison Industries, AFWERX and U.S. Air Force. The company has 35 employees. Its chief executive, as recorded, is Ryan Ribeira. Its website simxvr.com draws about 28 thousand monthly visits. SimX offers products and services including SimX VR Platform, SimX Marketplace, and Virtual Manikin Series. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include Fundamental Surgery, Osso VR and Proximie; 3 of its 3 listed competitors have raised funding.
Company details
Provider of a VR-based medical simulation training platform. It offers a VR training platform for emergency medical services, nursing, and the military. It allows users to customize the class, provide reports to track performance, and others.
- Headquarters Mountain View, United States
- Employees 35
- Founders Ryan Ribeira, Karthik V Sarma
- Stage Acquired
- SectorsHealthcareTechnology
- Website category Health · Public Health and Safety
- Website simxvr.com
- Social LinkedIn X Facebook
- Acquired by Madison Industries (Nov 2024)
- Legal Name Simx
- Total Equity Funding$2.82M (USD)
in 3 rounds
- Latest Funding Round$1.25M (USD), Grant
Oct 2024
- InvestorsMadison Industries
& 2 more
- Employee Count35
- Acquired byMadison Industries
(Nov 2024)
Products & Services of SimX
SimX offers a comprehensive portfolio of products and services, including SimX VR Platform, SimX Marketplace, and Virtual Manikin Series.
Platform for creating and accessing medical training scenarios.
Repository of virtual patient encounters for healthcare education.
Interactive VR manikins for realistic clinical practice.
Funding Insights of SimX
SimX has successfully raised a total of $2.82M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $1.25 million completed in October 2024. 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 $2.82M
- Total Rounds 3
- Last Round Grant — $1.25M
- First Round $1.12M
(Feb 2020)
- Investors Count 2
All 3 funding rounds of SimX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
Investors in SimX
SimX has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Madison Industries, AFWERX and U.S. Air Force.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AFWERX is recognized as the innovation arm of the U.S. Department of the Air Force, focused on cultivating and transitioning emerging technologies for defense purposes. | afwerx.com | United States | ||
The U.S. Air Force is engaged in national defense and airpower operations. | airforce.com | United States | ||
Medical devices are manufactured diversely across various applications. | 1994 | madison.net | Chicago, United States |
Investor details for SimX
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People of SimX
2 people are tracked at SimX (2 in leadership); the tracked headcount is 35.
| Name | Role | Group |
|---|---|---|
Ryan Ribeira | Co-Founder & CEO | Leadership |
Karthik V Sarma | Co-Founder & CTO | Leadership |
Complete people profiles for SimX
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Timeline of SimX
4 dated milestones of SimX across 11 years, from founding to its latest funding, stage changes and deals.
- Founded SimX is founded.
- Funding First funding round of $1.1M.
- Funding Latest funding round, Grant, of $1.2M.
- Exit Acquired by Madison Industries.
Competitors of SimX
SimX has 3 listed competitors in our database, 3 of them funded. They include Fundamental Surgery, Osso VR and Proximie.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fundamentalsurgery.com | 2012 | Boston, United States | $39.61M | 53 | AI-based surgical simulation is enabled via VR and haptics. | |
| ossovr.com | 2016 | San Francisco, United States | $109.41M | 174 | Virtual reality platform for surgical training is provided. | |
| proximie.com | 2016 | Boston, United States | $118.54M | Provider of a cloud-based VR platform for surgery guidance |
Detailed competitors of SimX
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Web traffic of SimX
The website of SimX (simxvr.com) receives about 28.1K visits a month and ranks #1,236,564 among all websites worldwide, #797 in Public Health and Safety.
- Monthly visits28.1K
▲ 46.5% vs previous month
- Unique visitors8.9K
per month
- Global rank#1,236,564
among all websites
- Category rank#797
Health · Public Health and Safety
- Bounce rate40%
- Pages per visit2.4
- Average visit1 min 25 sec
- DevicesDesktop 30% · Mobile 70%
Websites whose visitors overlap most with SimX. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| precisionostech.com | 100% | 24.4K | #1,266,535 | View details | |
| bodyinteract.com | 94% | #597,643 | View details | ||
| ubisimvr.com | 80% | 10.5K | #2,140,422 | View details | |
| sonosim.com | 79% | 45.7K | #336,494 | View details | |
ajog.org | ajog.org | 65% | #150,645 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for SimX
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- 7 similar websites
- Audience overlap
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as SimX (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Simx
Complete news archive for SimX
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Frequently Asked Questions about SimX
SimX was founded in 2013 and raised its 1st funding round 7 years after it was founded.
SimX is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Ryan Ribeira is the CEO of SimX, as recorded in our data. They have also founded this company.
SimX is a funded company, having raised a total of $2.82M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.12M, raised on Feb 2020.
SimX has 35 employees.
Provider of a VR-based medical simulation training platform. It offers a VR training platform for emergency medical services, nursing, and the military. It allows users to customize the class, provide reports to track performance, and others.
SimX's top competitors include Fundamental Surgery, Proximie and Osso VR.
SimX offers SimX VR Platform, SimX Marketplace, and Virtual Manikin Series.
SimX has 3 investors. Key investors include Madison Industries, AFWERX, and U.S. Air Force.
SimX operates through Simx.
Yes. SimX was acquired by Madison Industries in November 2024.