Fundraising Fox

SimX

San Francisco, US · Founded 2016 · Delaware corporation

SimX builds a virtual reality medical simulation platform that provides customizable, high-fidelity clinical training scenarios for hospitals, universities, and military teams. The company, founded and led by clinicians, offers a large library of virtual patient encounters for healthcare education and training.

Founders & leadership

SimX was founded in 2016 by Ryan Ribeira.

RR
Ryan RibeiraCo-founder & CEO
KS
Karthik SarmaNamed on SEC filing
SN
Srihari NamperumalNamed on SEC filing

Reported raises · per SEC filings

Form D private placements

$1.1M disclosed across 1 round · 2020

$1.1MraisedFeb 2020 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Karthik SarmaExecutive Officer, Director
  • Ryan RibeiraExecutive Officer, Director
  • Srihari NamperumalExecutive Officer, Director
Offering amount
$2M
Amount sold
$1.1M
First sale
Jan 2020
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 30 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2023$1.8M
U.S. Air ForceAir ForcePhase II2023$1.2M
U.S. Air ForceAir ForcePhase II2023$1.2M
U.S. Air ForceAir ForcePhase II2023$1.2M
U.S. ArmyArmyPhase I2023$199.6K
U.S. Air ForceAir ForcePhase I2023$75K
U.S. Air ForceAir ForcePhase ISTTR2023$75K
U.S. Air ForceAir ForcePhase I2023$75K
U.S. Air ForceAir ForcePhase I2023$75K
U.S. Air ForceAir ForcePhase ISTTR2023$75K
U.S. Air ForceAir ForcePhase ISTTR2023$75K
U.S. Air ForceAir ForcePhase I2023$75K
U.S. Air ForceAir ForcePhase ISTTR2023$75K
U.S. Air ForceAir ForcePhase ISTTR2023$75K
U.S. Air ForceAir ForcePhase I2023$74.9K
U.S. Air ForceAir ForcePhase II2022$1.7M
U.S. Air ForceAir ForcePhase II2022$1.2M
U.S. Air ForceAir ForcePhase II2022$750K
U.S. Air ForceAir ForcePhase IISTTR2022$750K
U.S. Air ForceAir ForcePhase II2022$749.3K
U.S. Air ForceAir ForcePhase I2022$50K
U.S. Air ForceAir ForcePhase II2021$1.7M
U.S. Air ForceAir ForcePhase II2021$749.9K
U.S. Air ForceAir ForcePhase II2021$749.7K
U.S. Air ForceAir ForcePhase II2021$748.7K
U.S. Air ForceAir ForcePhase I2021$50K
U.S. Air ForceAir ForcePhase I2021$50K
U.S. Air ForceAir ForcePhase ISTTR2021$49.8K
U.S. Air ForceAir ForcePhase II2020$999.8K
U.S. Air ForceAir ForcePhase I2020$49.7K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does SimX do?
SimX builds a virtual reality medical simulation platform that provides customizable, high-fidelity clinical training scenarios for hospitals, universities, and military teams. The company, founded and led by clinicians, offers a large library of virtual patient encounters for healthcare education and training.
Who founded SimX?
SimX was founded by Ryan Ribeira in 2016.
How much funding has SimX raised?
SimX has disclosed $1.1M raised across 1 round.
Where is SimX headquartered?
SimX is headquartered in San Francisco, US.