When was SimX founded?

SimX was founded in 2013 and raised its 1st funding round 7 years after it was founded.

Where is SimX located?

SimX is headquartered in Mountain View, United States.

Who is the current CEO of SimX?

Ryan Ribeira of SimX. They have also founded 1 company.

How many employees does SimX have?

As of Sep 30, 2026, the latest employee count at SimX is 88.

Is SimX a funded 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 round, raised on Feb 19, 2020.

When was the latest funding round of SimX?

SimX's latest funding was a $***** Grant (prize money) round on Oct 08, 2024, with participation from 1 investor.

Where does SimX rank among its competitors?

SimX ranks 12th amongst 228 active competitors, of which 41 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Veyond Metaverse, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of SimX?

SimX's top competitors include Oxford Medical Simulation, Fundamental Surgery and Virti. Among them, Veyond Metaverse secured the most recent funding round in June, 2026.

SimX - 2026 Company Profile, Team, Funding & Competitors

SimX is an acquired company based in Mountain View (United States), founded in 2013 by Ryan Ribeira. It operates as a Provider of a VR-based medical simulation training platform. SimX has raised $2.82M in funding from Air Force. The company has 228 active competitors, including 41 funded and 11 that have exited. Its top competitors include companies like Oxford Medical Simulation, Fundamental Surgery and Virti.

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.

Website: simxvr.com
Social

Key Metrics

Founded Year

2013

Location

Mountain View, United States

Stage

Acquired

Total Funding

$2.82M in 3 rounds

Latest Funding Round

Grant (prize money), Oct 08, 2024, $*****

Investors

Air Force & 2 more

Ranked

12^th among 228 active competitors

Employee Count

88 as on Sep 30, 2026

Similar Companies

Oxford Medical Simulation & 266 more

Exit Details

Acquired by Madison Industries (Nov 18, 2024)

View SimX's full profile

SimX is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SIMX CIN: 81-3832843 , United States, Active	Dec 18, 2022	-	66 (As on Dec 31, 2024)	-

SimX got acquired by Madison Industries on Nov 18, 2024.

Click here to take a look at SimX's acquisition in detail

SimX has raised a total funding of $2.82M over 3 rounds. Its first funding round was on Feb 19, 2020. Its latest funding round was a Grant (prize money) round on Oct 08, 2024 for $*****. 1 investor participated in its latest round. SimX has 3 institutional investors.

Here is the list of recent funding rounds of SimX:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 08, 2024	1161623	Grant (prize money)	2415877	9449492	1820134	4030353
Feb 10, 2023	9552058	Seed	3852865	8269556	3333622	6595293
Feb 19, 2020	5461454	Seed	3285075	3446562	3003439	5422681

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View details of SimX's funding rounds and investors

The founders of SimX is Ryan Ribeira. Ryan Ribeira is the CEO of SimX.

Here are the details of SimX's key team members:

Ryan Ribeira: Co-Founder & CEO of SimX.
Contact Info: 1 email address

View details of SimX's Founder profiles and Board Members

SimX's employee count trend

SimX has 88 employees as of Sep 26. Here is SimX's employee count trend over the years:

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Top competitors of SimX include Oxford Medical Simulation, Fundamental Surgery and Virti. Here is the list of Top 10 competitors of SimX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oxford Medical Simulation 2017, London (United Kingdom), Series A	Developer of VR-based medical training systems for patient care	$21.6M	Frog Capital, Eden Rock Capital Management ... & 37 others	66/100
2nd	Fundamental Surgery 2012, Boston (United States), Series B	Provider of AI-based platform for surgical simulation using VR and haptics	$39.6M	EQT, Downing & 13 others	63/100
3rd	Virti 2017, San Mateo (United States), Series A	Provider an immersive learning platform that provides AI-driven soft skills training with interactive video simulations	$10.1M	IQ Capital, Cedars-Sinai Accelerator & 3 others	57/100
4th	Pixee Medical 2017, France, Series B	Developer of augmented reality surgical solutions for orthopedic implant placement	$17.3M	UI Investissement, Siparex & 9 others	55/100
5th	ORamaVR 2016, San Jose (United States), Seed	Developer of a VR-integrated simulation-based surgical training system	$6.83M	Big Pi Ventures, NextGenerationEU & 8 others	54/100
6th	Immersive Labz 2021, Pune (India), Series A	Provider of a 3D science laboratory	$1.6M	ah! Ventures, Cogniphy & 90 others	53/100
7th	MediSim VR 2018, Chennai (India), Seed	Developer of virtual reality simulation software for medical training purposes	$1.89M	Vizor Capital, Healthcare Capital & 32 others	52/100
8th	Osso VR 2016, San Francisco (United States), Series C	Provider of a virtual reality platform for surgical training	$109M	Kaiser Permanente Ventures, Oak HC/FT & 13 others	50/100
9th	Immersive Tech 2017, Tampa (United States), Series A	Virtual reality platform for real-time surgery training	$23.1M	Revolution, PAR & 1 others	49/100
10th	Veyond Metaverse 2021, Castro Valley (United States), Seed	Provider of a cloud-based AR/VR platform for medical training	$3M	Sdb	47/100
12th	SimX 2013, Mountain View (United States), Acquired	Provider of a VR-based medical simulation training platform	$2.82M	AFWERX, Responder Corp & 1 others	47/100