TRANSFR Raises $12M to Deliver Hands-on Workforce Training Through VR

Photo: buffaloboy / Shutterstock. Article by Simon Campbell.

In an economy under the grip of the first global pandemic in a century, money is flowing to companies offering innovative responses to age-old problems.

Among them is TRANSFR Inc., which uses virtual reality to deliver workplace training and skills development. The New York-based company has raised $12 million in a Series A funding round to support its efforts to bring virtual solutions to very real challenges.

“What we essentially do is create training simulations in virtual reality that enables someone to kind of do a pre-apprenticeship program, in VR. So they do the job before they get the job,” explained Bharanidharan Rajakumar, TRANSFR founder and CEO. […]

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