5 million euro investment to accelerate the company’s development11 May 2016
During its annual conference on healthcare training on May 11 2016, SimforHealth announced a funding round of 5 million euros from several investors, including the Audacia investment fund, Bpifrance and the Region of Aquitaine Limousin Poitou-Charentes.
SimforHealth will use this funding to strengthen its medical teams, marketing, business and Research and Development, particularly in the Bordeaux agency. With significant growth in the e-health sector in France, digital simulation tools are undergoing increasing demand from universities and training centers, which is hugely encouraging for the expansion of SimforHealth.
With a worldwide market worth an estimated 700 million dollars in 2019, the company is hoping to go international. This is a powerful ambition for the company, which experienced 40% growth in 2015, for an estimated revenue of 15 million euros between now and 2020.