# Virti

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/virti

- Industry: Medical Devices & Equipment
- Headquarters: San Mateo, US
- Website: www.virti.com
- Total disclosed funding: $10M
- Latest round: Series A (Jun 29, 2021)
- Investors on record: 2

## About

Virti Inc. is a U.S.-based company specializing in AI-driven role-play and video training solutions, enhancing skills and learning experiences across various industries through immersive technology.Founded in 2017 and headquartered in San Mateo, California, Virti Inc. operates as a tech company that focuses on developing innovative training solutions. The company raised USD 10.000 mn in Series A funding on June 29, 2021, led by IQ Capital, with participation from Cedars-Sinai Health System Defined Benefit Retirement Plan. The CEO and Founder is Alexander Young, who has contributed significantly to the company’s vision and development.Virti offers an AI-driven platform that specializes in role-play and video training solutions aimed at upskilling individuals across various industries. Its core products include a no-code toolset for creating immersive learning experiences through interactive video and virtual human avatars. The platform allows organizations to replicate complex, real-life scenarios to improve performance and understanding in a safe learning environment. Primarily targeting corporate clients, educational institutions, and healthcare organizations, Virti's solutions cater to a diverse clientele worldwide and function across multiple platforms, including mobile, desktop, and virtual reality.Virti generates revenue through subscription-based models and partnerships with organizations that implement its training solutions. Clients subscribe to access a suite of products, which include scenario-based learning tools and AI role-play capabilities, tailored to their specific needs. The pricing structure varies according to deployment scale and educational objectives, with offerings such as AI Virtual Human avatars and immersive 360-degree video content enhancing client engagement and learning experiences. Strategic partnerships with industry leaders further support the revenue stream by facilitating integration into existing learning management systems.Virti plans to leverage its recent funding of USD 10.000 mn raised in Series A funding to support the development of new products and expand into new markets. The company will focus on enhancing its offerings with innovative training solutions and aims to launch these products by mid-2022. Additionally, Virti intends to expand its reach in international markets, specifically targeting Europe and Asia within the next two years, to broaden its impact and client base globally.

## Funding rounds

- Series A, Jun 29, 2021, $10M — IQ Capital, Cedars-Sinai Health System Defined Benefit Retirement Plan

## Investors

- IQ Capital (https://capitalatlas.ai/funds/iq-capital) — Series A
- Cedars-Sinai Health System Defined Benefit Retirement Plan — Series A