Virti

Highlights ⭐

• It works: Independent, peer-reviewed research has shown that Virti reduces skill-fade and improves decision-making speed compared to traditional face-to-face training. Specifically, the results show 230% increase in knowledge gain for employees and 52% reduction in skill-fade for employees.
• Patented technology: The company has patented the analytics' side of its offering so it can pull out some deep engagement metrics, which resemble a heat map data that is similar to the one on marketing platforms. This data can then help the system predict how users may perform better in real-world environments and share that on a reporting dashboard. The other aspect is if you're not practicing things you forget about 80% of what you can learn. Virti's system allows people to jump back in and reminds them and because it's accessible on mobile as well as VR, AR headsets, they get that hit of updates and learning to keep them upskilled and remembering information for longer. 🔗
• Growing fast: At the time of its Series A raise (June 2021), Virti said it has increased revenues by 978%. 🔗
• Expansion plans: One of Virti's goals of the Series A raise was to continue its "rapid scale up" in the UK, the US and around the world. 🔗
• Tech for good: Virti is working to use its platform to train medical students and upskill qualified doctors in Ethiopia, and to find out how the product performes in places lacking fully built-out high-speed internet infrastructure. If successful, similar VR learning experiences could be rapidly up-scaled and delivered across resource poor healthcare systems. 🔗