As of August 2026, Latka tracks 6 medical simulation software companies. They have combined revenues of $10.4M and employ 89 people. They have raised $3.5M.
Every company below sells medical simulation software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
Medical Simulation Software encompasses a variety of tools designed to create realistic medical training environments through simulations. This software is primarily used in healthcare education, allowing professionals to practice and refine their skills in a risk-free setting. Common applications include surgical training, emergency response, and patient interaction scenarios, where realistic simulations enhance learning outcomes without the need for live subjects. Typical features of medical simulation software include high-fidelity simulations, performance tracking, scenario customization, and feedback mechanisms. Healthcare institutions, medical schools, and training organizations are the primary buyers of these solutions, as they seek to improve the efficacy of their training programs and ensure that their personnel are well-prepared for real-world medical situations. The software is essential for creating controlled environments where learners can make mistakes and learn from them under various clinical scenarios.
Sorting: Highest -> Lowest
Showing 6 of 6 companies ranked by annual revenue.
Plan-les-Ouates, Geneva, Switzerland
ORamaVR aims to accelerate the world’s transition to medical XR training by offering an IT platform (MAGES-SDK) that empowers institutions to massively create themselves high fidelity medical Extended Reality Simulations. These simulations are then being used by hospitals, medical device companies, medical schools and medical training centres to train and assess their medical professionals.
Los Angeles, California, United States
GIGXR is a SaaS startup that uses mixed reality to drive training outcomes in healthcare, helping to save lives and costs globally.
Sarasota, Florida, United States
eTrainETC is leading a new strategy for improving safety and outcomes in healthcare and other markets in the future. Founders in the company have personally been affected by healthcare challenges with communication. The team at eTrain is setting out to disrupt the status quo and make a positive impact. Enabling shorter microlearning reality-based simulations can improve knowledge and confidence. eTrainETC has developed the first software as a service (SaaS) model for micro simulation-based training that is supported by an authoring tool, data analytics, AI and additional supporting technologies. This cloud-based B2B model is being implemented in healthcare currently and will be leveraged for future markets as well. eTrain’s micro-simulations advance critical thinking, decision making and help identify learning gaps throughout a unique reality-based, experiential learning model. Learners can be remediated by virtual mentors and directed to strategic knowledge. The platform enables real-time custom development of micro simulations that assess knowledge acquisition and confidence. eTrain’s goal is to offer any market short bursts of learning that improve safety and knowledge in 5-15 minute reality-based learning environments. Join our passionate team in improving care and helping save lives today.
Chennai, Tamil Nadu, India
Virtual Lab is a company that specializes in virtual laboratory solutions. They provide business and productivity software for various industries. Their virtual lab technology allows users to conduct experiments and simulations in a virtual environment, eliminating the need for physical lab equipment. The company was founded in XXXX (year).
Santa Fe, New Mexico, United States
At IRIS XR, we're on a mission to revolutionize healthcare training. Our innovative platform uses augmented reality (AR) to turn real-world OR experiences into interactive, accessible simulations. Here's what makes us unique: Accessible Anywhere: Our patented technology allows surgeons, medical device companies, and anyone involved in the OR to collaborate and learn on any device, regardless of location. Enhanced Competency: Surgeons gain confidence and refine skills through immersive AR simulations that mimic real-world procedures. Reduced Errors: Interactive training reduces the risk of errors in the OR by promoting better decision-making and teamwork. Faster Learning & Sales Cycles: Streamline training for medical professionals and accelerate sales cycles for medical device companies with efficient, engaging AR experiences.
Baltimore, Maryland, United States
Developer of application software designed for surgical and medical training. The company's application offers an on-the-job real-time assessment for surgeons to help university residency programs save critical faculty time and improve medical training by shortening the feedback loop and meeting the new goals of quantitative, competency-based education, enabling committees to view trainee progress relative to average ratings of their peers.
Latka tracks 6 medical simulation software companies with reported revenue. Together they generate $10.4M in annual revenue and employ 89 people.
ORamaVR is the largest, with $4.4M in annual revenue, founded in 2016.
The average medical simulation software company in this list makes $1.7M a year, across 6 companies with reported revenue.
Ranked by annual revenue, the leaders are ORamaVR, GigXR, eTrainetc, Virtual Lab. Inc. and IRIS XR.
The 6 medical simulation software companies tracked here have raised $3.5M in disclosed funding between them.
- Provides tools for simulating clinical scenarios and medical procedures - Includes performance assessment and feedback tools for training evaluation - Supports scenario customization to fit specific training needs - Facilitates risk-free practice environments for healthcare professionals - Must integrate with other educational tools or platforms for comprehensive training - Not just focused on theoretical knowledge; must enable practical application of skills - Includes features for tracking progress and competencies of users
Sign up to access all features
Sign up with GoogleSign up with LinkedInAlready have an account? Log in
GetLatka is trusted by 200k+ founders, researchers, and marketers.
No contracts, cancel at any time