iLMS

What iLMS does

iLMS (Immersive Learning Management System) is a New York-based software company founded in 2022 that operates a no-code platform for creating, customizing, and deploying immersive medical training scenarios across VR headsets, mobile devices, and web browsers. The platform centers on a proprietary "Adaptive Learning Engine" that personalizes training experiences, paired with a library of pre-built medical procedures and a customization layer that lets institutions adapt environments and variables to specific hospital protocols and equipment standards. The technical differentiator claimed by the company is the elimination of coding expertise as a prerequisite for building XR training content, materially lowering the cost and complexity barrier relative to traditional medical XR solutions.

The product is a single unified offering, the iLMS Platform, distributed through self-serve web access, iOS and Android applications, and compatible VR headsets, with marketing conducted primarily through the company's website and a LinkedIn page. The company currently operates on a waiting-list / notification model with no publicly disclosed pricing tiers, no named customers, and no disclosed revenue, indicating a pre-launch or early-pilot stage of commercialization. Customer segmentation is vertical-specific, targeting hospitals, medical schools, and healthcare simulation facilities that need to train staff and trainees on procedures, protocols, and equipment.

The business model is a recurring SaaS subscription for platform access, though no pricing, contract minimums, or unit economics have been disclosed. The company has raised approximately $1.25M in total across two funding rounds: a $250,000 round in July 2024 and a $1,000,000 round in November 2025 led by Eniac Ventures. Ownership structure, board composition, and management team details are not publicly disclosed, and no partnerships, certifications, or regulatory clearances (e.g., FDA, HIPAA) are referenced in the available materials.

Name

iLMS

Legal name

iLMS

Website

https://ilmsapp.org

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

iLMS is a New York-based software company that operates a no-code, AI-driven platform enabling healthcare institutions to create, customize, and deploy immersive medical VR training across VR headsets, mobile, and web without coding expertise. It targets hospitals, medical schools, and simulation centers on a SaaS subscription, currently in a pre-launch waiting-list state.

Ownership category

akta.pro rank

Product category

Healthcare XR Training Software

NAICS

Custom Computer Programming Services (541511), Computer Systems Design Services (541512), Computer Training (611420)

SIC

Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Healthcare & Clinical Simulation (Surgery, Nursing, EMT, Patient Interaction) (EDAFAJAC)

akta.pro secondary industry

LMS Integrations, Interoperability & Identity (LTI/SCORM/xAPI, SSO, APIs) (EDAFAAAI)

Keywords

• Medical VR training
• Healthcare simulation software
• Immersive learning platform
• XR training technology
• Adaptive learning software

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Platform Subscription Access: SaaS platform access model providing healthcare institutions access to XR training scenarios, customization tools, and multi-device deployment capabilities. The platform is offered through a waiting list model with notification as availability expands.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

iLMS provides an AI-powered, no-code platform that enables healthcare institutions to create, customize, and deploy immersive medical training scenarios across VR headsets, mobile applications, and web browsers. The platform combines a library of medical procedures with adaptive learning technology and customization tools, allowing hospitals and medical training centers to tailor scenarios to their own protocols and equipment standards without requiring coding expertise.

Product overview

iLMS is a single unified platform for immersive healthcare XR training, combining a scenario library of medical procedures with customization tools and multi-device deployment capabilities. The core iLMS Platform serves as the central offering, enabling users to select from pre-built medical scenarios, customize them to match specific hospital protocols, and deploy training globally across VR headsets, mobile applications, and web browsers.

Differentiator

Problem solved

Functional benefit

Products and services

• iLMS Platform An AI-powered, no-code immersive learning management system for healthcare XR training that lets medical professionals browse a library of medical procedures, customize scenarios to match specific hospital protocols and equipment standards, and deploy training globally across VR headsets, mobile applications, and web browsers. Targeted at hospitals, medical training centers, healthcare education programs, and medical simulation facilities.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• CAE Healthcare: CAE Healthcare provides a broad portfolio of patient, ultrasound, and surgical simulation solutions to hospitals and medical schools. Comparable as a large incumbent in the same healthcare training/simulation space.
• Laerdal Medical: Laerdal Medical is a global leader in patient simulation, resuscitation training, and CPR education products. Comparable as a broad incumbent serving the same healthcare training buyer with overlapping simulation categories.
• Surgical Science: Surgical Science is an established medical simulation company offering VR and hardware-based training for laparoscopy, endovascular, and other procedures. Comparable as a broader incumbent in medical VR/simulation training.
• VirtaMed: VirtaMed develops high-fidelity surgical and endoscopic simulation training systems used by hospitals and medical device companies. Comparable as an established player in procedure-specific medical simulation training.

Direct peers

• Health Scholars: Health Scholars delivers VR clinical training focused on resuscitation, perinatal, and emergency response scenarios for healthcare systems. Comparable as a direct competitor in immersive healthcare workforce training.
• Osso VR: Osso VR is a leading surgical and procedural VR training platform deployed across hospitals and medical device companies. It is the most directly comparable competitor in the medical immersive training category iLMS targets.
• FundamentalVR: FundamentalVR provides haptic-enabled VR surgical training with multi-specialty procedure libraries for hospitals and medical device firms. Directly comparable to iLMS in surgical/clinical simulation for healthcare professionals.
• SimX: SimX builds VR medical simulation scenarios for clinicians and first responders, with a focus on customizable cases. Comparable as a scenario-based VR medical training platform serving hospitals and training programs.
• Oxford Medical Simulation: Oxford Medical Simulation delivers VR clinical scenario training for nursing, medical, and allied health students via headsets and web. Closely matches iLMS's multi-device, scenario-based healthcare training approach.

Emerging players

• Immersive VR Education: Immersive VR Education (ENGAGE) provides a multi-device VR/ XR platform for enterprise and education training delivery. Comparable as an emerging platform enabling immersive learning distribution across devices, similar to iLMS's device-agnostic model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/ilmsapp

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about iLMS