About SimX
SimX is a company based in Mountain View (United States) founded in 2013 by Ryan Ribeira and Karthik V Sarma was acquired by Madison Industries in November 2024. 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 as of December 31, 2022. SimX offers products and services including SimX VR Platform, SimX Marketplace, and Virtual Manikin Series. SimX operates in a competitive market with competitors including Fundamental Surgery, Oxford Medical Simulation, Osso VR, Proximie and apoQlar, among others.
- Headquarter Mountain View, United States
- Employees 35 as on 31 Dec, 2022
- Founders Ryan Ribeira, Karthik V Sarma
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Sectors
HealthcareTechnology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Simx
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.82 M (USD)
in 3 rounds
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Latest Funding Round
$1.25 M (USD), Grant
Oct 08, 2024
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Investors
Madison Industries
& 2 more
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Employee Count
35
as on Dec 31, 2022
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Acquired by
Madison Industries
(Nov 18, 2024)
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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.
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.
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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.
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The U.S. Air Force is engaged in national defense and airpower operations.
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Medical devices are manufactured diversely across various applications.
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Investor details for SimX
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by SimX
Investment portfolio details for SimX
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- Transaction dates
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Financial Statements - SimX
Detailed financials for SimX
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- Profit trends
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Simx Comparisons
Peer comparison for SimX
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of SimX
SimX 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 Fundamental Surgery, Oxford Medical Simulation, Osso VR, Proximie and apoQlar, among others.
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AI-based surgical simulation is enabled via VR and haptics.
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VR-based medical training systems are developed for patient care simulations.
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Virtual reality platform for surgical training is provided.
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Provider of a cloud-based VR platform for surgery guidance
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VR-based learning devices for surgeons are provided by apoQlar.
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Detailed competitors of SimX
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Latest news on 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 current CEO of SimX. They have also founded this company.
SimX is a funded company, having raised a total of $2.82M across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at SimX is 35.
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.