Company: Virti
Founder: Dr Alexander Young, 2018
Website: https://www.virti.com/
Business: Immersive training to make experiential learning affordable and accessible for everyone. They delivered modules during the COVID-19 pandemic about how to ventilate a patient and safely use PPE.
About Virti
Virti is an immersive training startup based in the UK and the US. Working with organisations, universities and companies all around the world, their goal is to maximise human performance by making experiential learning affordable and accessible for everyone.
In-person training has always been inefficient, unengaging and expensive — and research shows that employees forget upwards of 80% of episodic training. This is a particular problem for the healthcare sector, where students often leave university feeling underprepared for the rigours of a career in medicine.
Surgeon and entrepreneur Dr Alex Young built Virti to meet the demand for evidence-backed, highly scalable learning and training tools. The Virti immersive platform works across mobile or desktop devices, or VR/AR headsets, and allows learners to develop their skills in a risk-free virtual environment. The platform uses AI and natural language processing to analyse, measure and give objective, data-rich feedback on user performance.
Dr Alexander Young commented: “Traditional face-to-face or book-based training can be disengaging and far removed from the realities of using the skills. It can also be costly or logically difficult to deliver, especially on account of recent social distancing requirements and localised lockdowns.
In contrast, when participants train using an XR platform they have the opportunity to hone their skills in a (virtual) real-world scenario. They can repeat each module as often as they wish, participate from any location, and even receive personalised and highly comprehensive feedback on their performance from inbuilt artificial intelligence tools.”
Named as one of TIME’s Best Inventions of 2020, Virti’s platform improves training outcomes by up to 230% and reduces skill fade by 52%. It also has a cloud-based, no-code simulation creation suite allowing organisations to build their own bespoke training modules. At the peak of the COVID pandemic, Virti launched special modules to deliver essential skills training to doctors around the world – including how to ventilate a patient, safely use PPE and navigate an intensive care ward.
Virti recently announced a raise of $10 million in their Series A funding round.
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