SignalFire is a venture capital firm that invests in seed-stage companies and breakout companies. The company focuses on providing data-driven insights and tailored advisory programs across various sectors, including health, fintech, and cybersecurity.

SignalFire

Anorak Ventures is a seed-stage venture firm based in San Francisco. We invest early and dilute alongside founders, helping find smart capital for every stage of company growth. To date, 40 investments have been made with $250M raised in follow on funding resulting in an aggregate portfolio market capitalization of $1.8B.  ​

Anorak Ventures

MedTech Innovator is the industry’s nonprofit global competition and accelerator for medical device, digital health and diagnostic companies. Our mission is to improve the lives of patients by accelerating the growth of companies that are transforming the healthcare system. MedTech Innovator annually features 100 companies that address one or more of the transformative themes identified in an annual survey of leading manufacturers and providers.

MedTech Innovator

Presence Capital is an investment firm that believes virtual reality (VR) and augmented reality (AR) are technologies that are going to transform our world. We invest in and support talented and passionate entrepreneurs that are utilizing these technologies to bring new and exceptional ways of communicating, working, and playing to market

Presence Capital

Bossa Invest manages investment portfolios and provides asset management services to clients. It analyzes market trends to inform investment decisions. Bossa Invest serves multiple sectors, including finance, technology, and real estate.

Bossa Invest

Kaiser Permanente Ventures, the corporate venture capital arm of Kaiser Permanente, is dedicated to forming effective partnerships with innovative companies. Kaiser Permanente Ventures invests predominantly in HCIT and services, as well as diagnostics, drug delivery and therapeutic medical devices.

Kaiser Permanente Ventures

We're an early stage venture capital firm focused on equity investments in companies with dramatic growth potential, primarily in technology and highly-scalable services businesses. Our focus investment areas are digital health, fintech, consumer software, and enterprise software.

OCA Ventures

GSR Ventures is a venture capital firm focused on technology companies developing AI-enabled enterprise software, consumer platforms, and healthcare technology. The firm backs entrepreneurs building disruptive businesses that have the potential to dominate multi-billion dollar markets. GSR Ventures currently manages about $3.7 billion across its funds.

GSR Ventures

Scrum Ventures is an early-stage venture capital firm with a powerful network in Asia. From our base in Silicon Valley, they seek to invest in entrepreneurs who are innovating in a variety of sectors. They are uniquely positioned to help portfolio companies looking to expand internationally accelerate their growth in Asia. Scrum Ventures typically invests between $100,000 to $1 million. Scrum Ventures recently launched Scrum Studios that include innovative corporations such as Panasonic, Nintendo, and Dentsu.

Scrum Ventures

Leslie Ventures

Oak HC/FT is a venture and growth equity investment firm that focuses on healthcare information services and financial service technology.   The firm focuses on driving transformation in these industries by providing entrepreneurs and companies with strategic counsel, board-level participation, and access to our extensive network of industry leaders. Oak HC/FT partners are peerless in delivering returns for investors and growing innovative businesses. Over the past decade, the partners at Oak HC/FT have had 20 realizations with 6 companies achieving valuations in excess of $1 billion. Oak HC/FT is led by the Healthcare and FinTech team of Oak Investment Partners as part of Oak’s strategy to develop sector-specific funds and continue its legacy of building best-in-class businesses.

Oak HC/FT

Founded in 2001, Tiger Global Management, LLC (“Tiger Global”) is a New York-based investment firm pursuing a long-term approach to investing in leading, global public and private companies that leverage technological innovation. Tiger Global’s public equity business includes fundamentally oriented long/short, long-focused and crossover strategies, targeting investments in high-quality, public growth companies. The private equity business invests in early through late stage companies that pursue innovative approaches to new and existing industries, building on over 20 years of experience investing in hundreds of businesses in more than 30 countries with more than 90 portfolio company IPOs. With a strong track record investing across sectors and stages, Tiger Global aims to be a thought partner to companies and their management teams across their lifecycle in public and private markets. The Firm’s mission is to generate world-class returns for its investors and to do so in a way that makes its employees, partners and portfolio companies proud.

Tiger Global Management

Duro Ventures was founded by Sundeep Ahuja, a 4x founder, advisor & investor with 70+ companies in his portfolio (excluding investments made via other AngelList Syndicates). He backs mission-driven founders and is broadly focused on consumer, enterprise AI, enterprise SaaS, healthcare IT, e-commerce, distributed energy & blockchain-inspired innovations.

Duro Ventures

Osso VR

Osso VR is a surgical training and assessment platform that uses advanced virtual reality to train and assess medical personnel. Their product offers realistic hand-based interactions in an immersive training environment containing cutting-edge procedures and devices.

Osso VR provides a VR platform to allow healthcare practitioners to remotely interact with medical devices and procedures in a 3D space. Specifically, its Osso Enterprise product allows surgeons, doctors, and hospital staff to train together in a collaborative VR operating room. The company offers custom-developed clinically-validated training modules, alongside an integrated analytics platform (Osso Analytics).

Technologies bringing about a new reality

Extended Reality

Osso VR is a leading provider of virtual reality surgical training and assessment platforms. Founded in 2016 and headquartered in San Francisco, California, the company offers an immersive, hands-on training environment designed for medical device companies and practicing surgeons of all skill levels. Osso VR's platform uses cinema-quality VR to create realistic surgical simulations that lead to real-world performance gains and improved patient outcomes. The company's technology allows users to practice and master surgical techniques in a controlled, risk-free setting.

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Osso VR launches immersive reality medical training app

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Educational technology plays a pivotal role in driving and enabling the revolution in post-secondary learning

Higher EdTech

State of digital health investment, part 6: Osso VR

Osso VR provides a VR platform to allow healthcare practitioners to remotely interact with medical devices and procedures in a 3D space. Specifically, its Osso Enterprise product allows surgeons, doctors, and hospital staff to train together in a collaborative VR operating room. The company offers custom-developed clinically-validated training modules, alongside an integrated analytics platform (Osso Analytics).The company claims that several level-1 trials have indicated that Osso VR’s platform accelerates learning, memorization, mastery of complex workflows, and facilitates a 230% to 306% increase in skill transfer.&nbsp;The company also offers Osso Academy, which offers a VR training library with over 25 orthopedic modules for early career HCP training. The company states that each module is aligned to support the Accreditation Council for Graduate Medical Education (ACGME) Milestone and Case Minimum requirements.In August 2023, the company added hand tracking capabilities to its platform in a bid to boost user immersion. As of September 2023, trainees across 50 countries logged in over 1 million minutes and completed 121,000 training sessions on its platform.Key customers and partnershipsIn March 2023, the company disclosed that it was working with academic medical centers such as the University of California (UCLA) and University of California San Francisco (UCSF) to develop residency-based curricula. Further, the company partnered with the American College of Cardiology to develop a content curriculum for interventional cardiologists.&nbsp;Previously, during the pandemic, Osso VR managed to strike partnerships with prominent medical devices players such as Johnson &amp; Johnson, Stryker, and Smith &amp; Nephew, and it is the VR training partner for all top five orthopedic medical device companies.&nbsp;Funding and financialsIn March 2022, Osso VR&nbsp; raised USD 66 million in Series C funding led by Oak HC/FT. The funds were earmarked for product development, expanding its surgical training areas, and hiring.

Osso VR provides a VR platform to allow healthcare practitioners to remotely interact with medical devices and procedures in a 3D space. Specifically, its Osso Enterprise product allows surgeons, doctors, and hospital staff to train together in a collaborative VR operating room. The company offers custom-developed clinically-validated training modules, alongside an integrated analytics platform (Osso Analytics).The company claims that several level-1 trials have indicated that Osso VR’s platform accelerates learning, memorization, mastery of complex workflows, and facilitates a 230% to 306% increase in skill transfer.&nbsp;The company also offers Osso Academy, which offers a VR training library with over 25 orthopedic modules for early career HCP training. The company states that each module is aligned to support the Accreditation Council for Graduate Medical Education (ACGME) Milestone and Case Minimum requirements. In <a href="https://sp-edge.com/updates/35326">October 2024,</a> Osso VR planned to expand its VR training services to the pharmaceutical industry.In August 2023, the company added hand tracking capabilities to its platform in a bid to boost user immersion. As of September 2023, trainees across 50 countries logged in over 1 million minutes and completed 121,000 training sessions on its platform.&nbsp;Key customers and partnershipsIn March 2023, the company disclosed that it was working with academic medical centers such as the University of California (UCLA) and University of California San Francisco (UCSF) to develop residency-based curricula. Further, the company partnered with the American College of Cardiology to develop a content curriculum for interventional cardiologists.&nbsp;Previously, during the pandemic, Osso VR managed to strike partnerships with prominent medical devices players such as Johnson &amp; Johnson, Stryker, and Smith &amp; Nephew, and it is the VR training partner for all top five orthopedic medical device companies.&nbsp;Funding and financialsIn March 2022, Osso VR&nbsp; raised USD 66 million in Series C funding led by Oak HC/FT. The funds were earmarked for product development, expanding its surgical training areas, and hiring.&nbsp;

Interplay Learning (Interplay) provides on-demand, interactive, and hands-on simulation learning courses for skilled trades, including HVAC, plumbing, electrical, solar, and facilities maintenance, through VR, mobile, and desktop applications. The learning courses also include simulated walkthrough videos where experts lead users through procedure guides methodically, with knowledge testing features and additional learning material such as wiring diagrams, equations, sample system configs, and charts at the end of each lesson. The platform also enables managers to track user progress.The company operates a subscription-based model with monthly packages for individuals (USD 54) and teams (USD 229), alongside a custom plan for larger organizations.In <a href="https://sp-edge.com/updates/33810">September 2024</a>, the company acquired Industrial Training International (ITI), enabling the company to provide immersive simulation training solutions for crane and rigging operations across various job sites.Key customers and partnershipsNotable customers include Tesla and Rheem Manufacturing. Interplay’s customer usage rose by 445% YoY in 2020. As of February 2021, the platform had over 2,000 customers and 110,000 users across the US.

Interplay Learning

Switzerland-based WayRay develops holographic AR technology and hardware for the automobile sector. Its technology is used in head-up displays (HUDs) that project images into a driver’s field of vision to assist with navigation. Although its initial focus was on developing HUDs that can be purchased and installed in any vehicle, it has since pivoted to producing embedded HUD systems (i.e., hardware built into vehicles). WayRay’s HUDs are considered to provide a wider field of vision and combine data (location and mapping information) with vision data to generate images by projecting a laser beam through a Picture Generating Unit (PGU) onto a Holographic Optical Element (HOE).&nbsp;In <a href="https://sp-edge.com/updates/18537">May 2023</a>, WayRay announced integration of its AR displays into Tesla Model 3's in Switzerland, with plans to follow shortly afterwards in the US. Previously, in September 2021 the company launched its deep reality system that replaces the traditional car dashboard. In addition, WayRay launched “The Holograktor” dubbed the first “metaverse on wheels”, which can be driven conventionally or using a remote control via a 5G and satellite connection (November 2021).&nbsp;The company’s founder and CEO, Vitaly Ponomarev, identified that its systems are more advanced, backed by more patents, and potentially 20x smaller than comparable devices in the market. WayRay’s HQ in Switzerland also acts as a product design and development hub, while its R&amp;D center and prototyping factory are based in Russia.&nbsp;Key customers and partnershipsThe company is backed by strategic investors such as luxury automaker Porsche, which highlighted the management’s expertise in space engineering, hardware, and software development as key reasons for its investment, Hyundai Motor Co., and Alibaba. It is also notable that these investors, particularly Hyundai, are looking at ways to potentially use WayRay’s technology to offer more services in the future. For instance, Hyundai believed that the technology could be used for smart cities and smart buildings, which are its new areas of interest.WayRay partnered with Karma Automotive, a producer of luxury electric vehicles, in December 2021 to support the implementation of its HUDs into their test fleet. Moreover, it partnered with a leader in designing and manufacturing specialty glass, AGP eGlass, in September 2021 to further proliferate its technology.&nbsp; Funding and financialsIt was reported in April 2021 that the company is considering a public listing at a USD 2 billion valuation via a SPAC, although no further updates on this have been announced as at January 2024.&nbsp;

WayRay

AmazeVR initially focused on developing VR technologies but pivoted to VR concerts in late 2019. The concerts are backed by proprietary 9K cameras and software that automate complex VR concert visual effects that run on more than 100 headsets simultaneously. Users join and hang out with other users as avatars while experiencing VR concerts. It intends to bring VR concerts by major artists to theaters and eventually, homes.AmazeVR rolled out its first commercial VR concert, which will feature 3x Grammy winner Megan Thee Stallion, in 2022. The artist is expected to tour select AMC Theaters across the US. It is also in the final stages of closing deals with its second and third artists. AmazeVR also revealed plans to release weekly content by 2024 in theaters and for at-home viewers.In <a href="https://sp-edge.com/updates/20145">July 2023</a>, AmazeVR launched its official AmazeVR Concerts app, featuring an exclusive VR concert from Swedish pop star, Zara Larsson. The app is available on major VR app stores, and the exclusive Zara Larsson VR concert can be accessed for a year at a launch price of USD 6.99. AmazeVR also produces and monetizes VR content on a subscription basis.As of August 2023, the company was in the process of producing and releasing mixed reality concerts by overlaying virtual elements onto live, real-world video.Funding and financialsThe company’s most recent funding was in <a href="https://sp-edge.com/updates/13338">September 2022</a>, when it raised USD 17 million in a Series B funding round led by Mirae Asset Capital. The fresh funds were allocated to expand partnerships with artists, artist management companies, labels, publishers, and agencies.

AmazeVR

Dispelix, based in Finland, designs and manufactures single-layer, full-color waveguide displays, a thin (about 1mm) transparent element that takes in a projected image and relays it to the eye, using a nanophotonics-based approach catering to AR applications (e.g., smart glasses). It uses laser beam scanning technology to render laser-sharp images with a gamut of color palettes, which are displayed using beam-combiner technology. Its patented and proprietary approach includes diffractive surface relief gratings, which are elements used for high-power laser applications, fabricated on high refractive index glass wafers that enhance field-of-view and image quality.The company had a total of more than 40 granted or pending patent families as of November 2021. Its product line, Dispelix DPX, includes Dispelix DPX - Ohut, Dispelix DPX - Selva, and Dispelix DPX - Sade with a varying degree of field of view, form factor, and weight. According to Co-Founder and CTO Juuso Olkkonen, its displays are the lightest and thinnest in the market.Key customers and partnerships 1) Collins Aerospace: to integrate Dispelix's advanced AR displays into Collins Aerospace's products (November 2024)2) Foxconn and Pegatron: to create reference designs for AR glasses based on its Selvä waveguide display (October 2023)&nbsp;3) VividQ: created a “waveguide combiner” which accurately displays variable-depth 3D content in a user’s environment (January 2023)4) ColorChip and Maradin: To further Light Beam Scanning (LBS) solutions for AR glasses (October 2022)5) Jade Bird Displays: To develop multiple reference designs for AR devices (June 2022)6) AAC Technologies: To improve waveguide displays for the AR and MR industry (March 2022)7) OQmented: for the development and commercialization of MEMS-based LBS technology (November 2021)8) Coretronic: To develop a range of AR optical module solutions (December 2020)9) Hoya Corporation: To improve quality of waveguide displays (November 2020)Funding and financialsIn its most recent funding round (November 2021), Dispelix raised USD 33 million in a Series B funding round co-led by Atlantic Bridge, CCB Trust, and Flashpoint with participation from Lifeline Ventures, VTT Ventures, and 3M Ventures. The funds were allocated to product development. It revealed that several OEM customers were slated to integrate its technology into their consumer offerings by 2023.&nbsp;

Dispelix

DigiLens is a developer of holographic waveguides, which is a clear, thin piece of glass or plastic, used for AR devices. In January 2023, the company launched ARGO, an XR smartglass designed for enterprise and industrial use, the first AR device to utilize Qualcomm’s SnapDragon XR2 platform. Other specifications included 6-degrees of freedom (6-DoF) tracking, a 30-degree field-of-view, spatial audio, a 48MP RGB camera, voice and gaze recognition, access to real-time data visualizations, and a 2,500-nits HD display.&nbsp;The company’s first product, the DigiLens Crystal was introduced in 2019, was a thin-film laser-etched photopolymer embedded with microscopic holograms of mirror-like optics. By projecting a micro display to one end of the lens and another set of optics working to guide the light wave toward the eye, this proved to be an ideal piece of hardware for AR devices, which are preferred with as little hardware as possible.&nbsp;It claims that its patented optical platform and photopolymer technology coupled with a holographic copy manufacturing process enable it to produce cheaper and more scalable solutions. In <a href="https://sp-edge.com/updates/17598">April 2023</a>, the company announced the launch of SRG+, a surface relief gratings product that improves upon its waveguide technology.The company generates revenue by licensing its technology across a range of industries including the automobile, enterprise, consumer, avionics, and military sectors. DigiLens also offers a white-label solution for automotive companies whereby it creates holographic waveguides for windshields that could offer in-cabin experiences for drivers.&nbsp;&nbsp; Key customers and partnershipsKey partnerships include that with1) Phantom Technologies: - Phantom Technology: To integrate Phantom's CASSI Spatial AI assistant into the DigiLens ARGO glasses, providing features such as spatial search, a contextual assistant, and task management using voice commands (October 2023)2) Wisear: To integrate its neural interface-powered earphones with the ARGO smart glasses (May 2023)3) Mojo Vision: To utilize Mojo Vision's micro-LED technology to build improved AR glasses (May 2023)4) Taqtile: To integrate the company's ARGO smart glasses with Taqtile's AR work platform, Manifest (May 2023)5) OMNIVISION: To develop new XR product offerings (January 2023)Other partnerships include that with OMNIVISION (January 2023), a leading global developer of semiconductor solutions to develop new XR product offerings. OMNIVISION’s liquid crystal on silicon (LCOS) panels allowed DigiLens to build LCOS/LED projectors optimized for its holographic waveguides. OMNIVISION's core camera technology provides DigiLens' devices with features such as visual odometry and six degrees of freedom.&nbsp;DigiLens also works with Taiwanese licensed waveguide manufacturer Young Optics, Chinese original design manufacturer and electronics supplier Malata, Korean display manufacturer Sekonix, international technology company Continental, Chinese optical elements manufacturer Crystal Optech, and Mitsubishi Chemical.&nbsp;Funding and financialsIn April 2022, DigiLens announced the second close of its Series D funding round (intiial close in November 2021) in which it raised USD 50 million at a valuation of USD 530 million. The funds were allocated for the development of DesignV1, its second-generation product.

DigiLens

Companies developing XR headsets and relevant sub-components (displays, sensors, and processors). Also includes complementary XR hardware (tracking devices, haptic vests, and gloves)

Companies offering engines that enable the development of AR/VR content, also includes companies offering capabilities to capture and create 3D images for immersive environments

Companies offering AR/VR solutions or toolkits for specific industry applications, including VR game developers

Companies offering location-based AR/VR experiences

AR/VR platforms offer remote assistance to field experts and headset manufacturers facilitate virtual work

Some solutions in the "content" segment are offered under a B2B SaaS model

Headsets and content segments provide the building blocks for the metaverse

AR, VR, and MR are the primary enabling technologies for the XR industry

Osso VR is a leading provider of virtual reality surgical training and assessment platforms. Founded in 2016 and headquartered in San Francisco, California, the company offers an immersive, hands-on training environment designed for medical device companies and practicing surgeons of all skill levels. Osso VR's platform uses cinema-quality VR to create realistic surgical simulations that lead to real-world performance gains and improved patient outcomes. The company's technology allows users to practice and master surgical techniques in a controlled, risk-free setting.
As of July 2022, Osso VR had over 200 on-demand learning modules covering more than a dozen medical specialties. The platform incorporates competency-based assessment into its modules, objectively measuring trainees' knowledge, accuracy, and efficiency throughout procedures. Osso VR's simulations are accredited by the Royal College of Surgeons of England. In April 2022, the company expanded its offerings to include training for veterinary professionals.
Osso VR's platform has demonstrated significant results in improving surgical performance. A study at Johns Hopkins University showed that VR-trained participants achieved a 230% increase in overall surgical performance compared to traditionally-trained peers. The company's technology has applications beyond surgical training, including patient education and pre-operative planning.
In February 2024, Osso VR appointed Greg Born as its new Chief Executive Officer to focus on scaling and growth efforts. The company's co-founder, Justin Barad, MD, transitioned to the role of Chief Strategy Officer to lead innovation initiatives. In April 2024, Osso VR launched Osso Health, a surgical training app for the Apple Vision Pro headset, focusing on common orthopedic procedures such as carpal tunnel release and total knee replacement.
Key customers and partnerships
Osso VR has established partnerships with several prominent medical institutions and organizations. The company collaborates with the American College of Cardiology to bring VR training to cardiologists, cardiac surgeons, and other cardiovascular professionals. This partnership aims to expand access to advanced education and bring leading-edge cardiac procedures to more patients.
Osso VR's technology has been adopted by various healthcare institutions, including Vanderbilt University Medical Center, where it was involved in a pilot program for orthopedic residency training. The company has also partnered with medical device manufacturers such as Johnson & Johnson, Stryker, Zimmer Biomet, and Smith + Nephew to provide training on their latest innovations.
In the academic sphere, Osso VR has worked with institutions like UCLA School of Medicine and UCSF to develop residency-based curricula. The company's platform is utilized in hospitals worldwide, including Sheba Medical Center, Stanford Sports Medicine, Spaulding Rehabilitation Network, Hoag Hospital Network, and Mass General Hospital's Sports Medicine Center.

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 Udemy is one of the largest online learning platforms globally, offering over 210,000 courses to more than 67 million learners worldwide. Founded in 2010, Udemy operates as a marketplace that connects independent instructors with students seeking to learn new skills or enhance existing ones.
 
 
 
 
 The platform covers a wide range of categories including business, technology, personal development, design, marketing, and more. Courses on Udemy are self-paced, allowing learners to start and complete them at their own convenience. Content is primarily delivered through on-demand video lectures, though some courses also include quizzes, assignments, and downloadable resources.
 
 
 
 
 Udemy uses a pricing model where individual courses can be purchased for a one-time fee, typically ranging from USD 11.99 to USD 199.99, though frequent sales and discounts bring many course prices down significantly. The platform also offers a subscription option called Udemy Personal Plan, which provides access to over 11,000 top-rated courses for USD 20 per month.
 
 
 
 
 One of Udemy's key features is its accessibility - courses are available in over 65 languages, and the platform can be accessed via web browsers as well as mobile apps for iOS and Android devices. Upon completing a paid course, learners receive a certificate of completion, though these are not accredited or officially recognized by external institutions.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 
 Udemy caters to both individual learners and businesses. Through its Udemy for Business program, the company offers tailored learning solutions for organizations of various sizes. These business offerings provide access to curated course libraries and additional features like analytics, custom branding, and learning path creation.
 
 
 
 
 Udemy has also partnered with various organizations to expand its reach. For instance, the platform collaborates with the Linux Foundation to offer courses in cloud computing and related technologies. Additionally, Udemy works with numerous instructors who are subject matter experts in their fields, allowing them to create and publish courses on the platform.
 
 
 
 
 As of 2023, Udemy reported having over 67 million learners and more than 75,000 instructors on its platform. The company continues to grow its user base and course offerings, solidifying its position as a major player in the online education market.
 
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Udemy

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 Coursera is one of the largest online learning platforms, offering over 7,000 courses, specializations, professional certificates, and degree programs. Founded in 2012 by two Stanford University computer science professors, Coursera partners with over 300 leading universities and companies to provide flexible, affordable online learning.
 
 
 
 
 Coursera's catalog covers a wide range of subjects including business, computer science, data science, health, social sciences, and more. Courses are primarily asynchronous, allowing learners to study at their own pace. The platform uses evidence-based online teaching strategies and has an average course rating of 4.7 out of five stars.
 
 
 
 
 Coursera offers various types of programs:
 
 
 - Free courses that can be audited
 
 
 - Paid individual courses with certificates (typically USD 49-USD 79)
 
 
 - Specializations and Professional Certificates (starting at USD 49/month)
 
 
 - MasterTrack Certificates (starting at USD 2,000)
 
 
 - Full online degree programs (starting at USD 9,000)
 
 
 
 
 In 2022, Coursera reported USD 524 million in revenue. The company went public in 2021, raising nearly USD 520 million in its IPO. As of 2022, Coursera had 118 million registered learners and employed 1,401 full-time staff.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 
 Coursera's university partners include institutions like Yale, Stanford, Duke and the University of Michigan. The platform also partners with major companies like Google, IBM, and Microsoft to offer professional certificates and other programs.
 
 
 Coursera's enterprise business provides online learning programs for organizations, with offerings for businesses, governments, and universities. Google's programs are estimated to generate around USD 100 million in annual revenue for Coursera. The company's user base spans 47% female and 53% male learners, with an average age of 31. Nearly half of Coursera's revenue comes from learners outside the US.
 
 
 
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Coursera

<div>
 
 The Glimpse Group, founded in 2016, is a diversified virtual reality (VR) and augmented reality (AR) platform company headquartered in New York. The company operates as an ecosystem of enterprise-focused software and services subsidiaries, providing solutions across various industries. Glimpse owns and operates multiple subsidiary companies specializing in different aspects of VR/AR technology, including QReal, Immersive Health Group, Foretell Reality, XR Terra, Sector 5 Digital, and Brightline Interactive.
 
 
 
 
 The company's offerings include photorealistic 3D interactive digital models, evidence-based healthcare solutions, social VR platforms for behavioral health and soft skills training, immersive technologies for education and corporate experiences, and AR try-on technology for the beauty and cosmetics industry. Glimpse has also developed capabilities in artificial intelligence, facial recognition, and virtual try-on technologies through its acquisition of PulpoAR in June 2022.
 
 
 
 
 Glimpse's business model centralizes resources while allowing each subsidiary to specialize in particular use cases of immersive technologies. This approach enables the company to leverage its expertise across all subsidiaries while fostering innovation and collaboration. The company went public in July 2021, trading on the Nasdaq under the ticker symbol VRAR.
 
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The Glimpse Group

<div>
 
 Amesite Inc. (Nasdaq: AMST) is an artificial intelligence software company that offers a cloud-based learning platform for business and education markets. The company provides a single system that combines ecommerce, instruction, engagement, analytics, and administration using advanced infrastructure to serve multi-billion-dollar online learning markets. Amesite's platform enables businesses, universities, museums, and government agencies to deliver customized, white-labeled online learning programs. The company's technology leverages cutting-edge AI to offer an innovative out-of-the-box, AI-powered learning ecosystem, complete with 24/7 learner support, up-to-date content, and ready-to-go programs for quick deployment and revenue generation.
 
 
 
 
 Amesite's platform is designed to be easily integrated with existing educational tools and systems, including leading Learning Management Systems (LMSs). The company's solutions are scalable and flexible, allowing for rapid launch and implementation without requiring additional IT resources or expensive training. Amesite's V6 platform, launched in April 2023, incorporates expanded AI capabilities powered by GPT-4, enabling enhanced AI-assisted learning and new AI-driven, purpose-built features for users.
 
 
 
 
 In addition to its core platform, Amesite has ventured into the B2C AI mobile applications market with the beta release of NurseMagic in April 2024. This app is designed to provide AI-powered tools and continuing education programs for over 5.2 million nurses, aiming to make their daily tasks more efficient.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 
 Amesite has established partnerships with various educational institutions and organizations. In February 2023, the company launched its first pilot program at Benedict College in South Carolina. This program offers upskilling in technology, including internet protocols, data privacy and security, and cloud computing.
 
 
 
 
 In March 2024, Amesite announced a strategic five-year partnership with Joliet Junior College to expand workforce development. The company has also collaborated with Michigan Works! Southeast, launching 12 new courses focused on training in artificial intelligence technologies and their applications in the modern workplace.
 
 
 
 
 Amesite's partnership with Microsoft enables the company to deliver customized learning systems for organizations in as little as 24 hours. In January 2024, Amesite entered into a contract with Scottsdale Unified School District to provide teacher training on AI technology use, further expanding its reach in the education sector.
 
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Amesite

Meazure Learning is a provider of high-stakes online testing services for the higher education and professional testing markets. The company offers a comprehensive suite of exam services, including test development, psychometric analysis, and secure exam delivery through both online proctoring and physical test centers. Meazure Learning's platform allows for multi-modal exam delivery, giving test-takers the flexibility to take exams remotely or at a traditional test center. The company's services extend to certification and licensure organizations, corporations, educational institutions, government agencies, and trade and professional associations.
In June 2022, Meazure Learning acquired Scantron Corporation's Certification and Licensure business, expanding its global test center network from 300 locations in Canada to over 1,600 sites worldwide. This acquisition also strengthened Meazure Learning's exam development and psychometric services by doubling the size of its expert team. The company emphasizes the security and reliability of its testing solutions, with a focus on safeguarding intellectual property and providing convenient options for test-takers.
Meazure Learning's approach involves understanding each client's program needs, goals, and challenges to curate tailored solutions. The company offers various resources to prepare test-takers, including information about test center locations, exam delivery previews, and access to practice exams where available. Meazure Learning's services are designed to support educational and professional credentialing programs, with the stated purpose of helping to move people forward in their educational, professional, and personal pursuits.
Key customers and partnerships
Meazure Learning serves a diverse range of clients across various sectors. The company's customer base includes higher education institutions such as Temple College and the University of Texas at Tyler, where it provides online proctoring services for students. In the professional certification realm, Meazure Learning works with organizations like the Global Information Assurance Certification Program and the Canadian Organization of Paramedic Regulators. The Society of Augmented Engineers & Scientists has also partnered with Meazure Learning for their certification program. Additionally, Meazure Learning collaborates with educational institutions like Thomas Edison State University to facilitate online degree completion for working professionals.

Meazure Learning

Designers of learning programs and creators of learning content, aggregators and libraries of learning content and program, massive open online course (MOOC) platform operators, and providers of content development tools for authoring and course-building.

Providers of tools and features to improve learner engagement and learning effectiveness such as AR/VR platforms, interactive software, memory aids, and personalized student support platforms.

Technology platforms such as learning management systems (LMS), learning experience platforms (LXP), and learning content management systems (LCMS) that host in-house or third-party content, track progress, and generate analytics.

Providers of testing and assessment, identity authentication, proctoring, plagiarism-checking, digital credentialing, and feedback-gathering solutions.

Platforms that connect students with experts, specialists, and near-peers who provide academic coaching, development support, college admissions and career guidance, and career readiness support.

Platforms that facilitate communication and networking among students/faculty/alumni/institutions and those providing search, reference, and marketplace solutions.

Providers of campus operating infrastructure including enterprise resource planning (ERP), student information system (SIS), and data analytics solutions and those that support enrollment and marketing processes. Also includes technology solution providers offering security, communication, cloud, and managed services.

Companies that use GenAI as a core part of their higher EdTech product offering

Learning platforms and tools provide students with equitable access to education and improve career readiness

Higher EdTech companies use GenAI to enhance learning experiences, personalize education, and streamline administrative processes

AI technologies enable personalized learning and automation

Used for immersive campus experiences including learning, discussions, and simulations

AI and ML technologies are applied across learning management systems, student information systems, and assessments

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 Osso VR, a VR surgical training platform, has declared its intentions to extend its VR training services to the pharmaceutical domain. This move aims to boost understanding of unique industry challenges and specific health conditions.
 The planned VR training content is interactive 3D and can be accessed via a VR headset. It offers features such as a patient library for comprehending patient demographics relevant to medications and treatment reactions. The system also includes extensive metrics and analytics, viewable via personalized dashboards. These analytics contribute to "global reporting", representing the efficiency of a chosen program.
 
</div> Analyst QuickTake: 
 Osso VR's roadmap to expand its VR training services to the pharmaceutical industry builds on its expanding medical training library, which included orthopedic surgery specialties, in <a href="https: 
//sp-edge.com/updates/25714"> January 2024. </a> The company was recognized by TIME as one of the <a href="https: 
//www.ossovr.com/press-releases/osso-named-amongst-worlds-top-edtech-companies"> World's Top EdTech Companies of 2024 </a> for its innovative immersive procedural training solutions that enhance medical education through VR simulations.

Osso VR

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