Sim Institute
Sim Institute develops browser-based business simulation games covering sustainability, healthcare, HR, economics, and management for experiential learning. It serves universities, corporations, and high schools globally via subscription licenses distributed directly and through Harvard Business Publishing.
- Company typePrivate
- Founded2022
- HeadquartersDubai, United Arab Emirates
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Sim Institute does
Sim Institute is a privately held developer of browser-based business simulation games used for experiential learning across corporate training, universities, and high schools. Founded by Dr. Tim Rogmans after a career in strategy consulting and business education, the company has built a portfolio of 12+ award-winning simulations covering sustainability management (Net Zero, Net Positive Hospitality, CELL, Sustainable Supply Chain), circular economy (Fashion Forward), healthcare management (Hospital Operations), human resources (People Analytics), macroeconomics (Econland), international business (Market Entry), business essentials (Coffee Shop Inc.), and change management (Trailblazer). The simulations are hosted on the Forio platform and accessed via username/password, with instructor dashboards, customizable parameters, team-play, and AI-generated feedback features added progressively through 2025-2026.
The company monetizes through per-user subscription licenses — academic pricing ranges from $10 to over $50 per user for typically 3-month unlimited-play periods, while corporate and executive training pricing is approximately three times higher. Distribution combines direct sales (Calendly-scheduled demos, free trials, self-serve), channel partnerships (Harvard Business Publishing for university sales, AACSB for faculty development workshops), and co-development alliances with domain authorities such as the International Hospital Federation / Geneva Sustainability Centre (CELL) and the World Sustainable Hospitality Alliance (Net Positive Hospitality). The company received its first disclosed funding from Loyal VC in April 2024, and its simulations are used by hundreds of organizations and over 100,000 learners annually across North America, Europe, Asia-Pacific, the Middle East, and India.
Sim Institute firmographics
Firmographics- Name
- Sim Institute
- Legal name
- Sim Institute
- Website
- https://siminstitute.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Sim Institute develops browser-based business simulation games covering sustainability, healthcare, HR, economics, and management for experiential learning. It serves universities, corporations, and high schools globally via subscription licenses distributed directly and through Harvard Business Publishing.
- Ownership category
- akta.pro rank
Sim Institute industry classification
Industry- Product category
- Educational Simulation Software
- NAICS
- Professional and Management Development Training (611430), Software Publishers (5132), Business Schools and Computer and Management Training (6114)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Simulation, Scenario & Serious Games Design (EDAGAKAH)
- akta.pro secondary industries
- Serious Games & Simulation Studios (Training, Defense, Enterprise) (MPAFAAAH), Simulation-Based Learning & Virtual Labs (EDAGAEAG)
Keywords
Where Sim Institute is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Markets served
Sim Institute business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Others
Revenue model
- Simulation License Sales: License fees per user for simulation access. Most licenses provide unlimited play for one user for the duration of the license period (e.g., 3 months). Sold directly and through Harvard Business Publishing for universities.
- Academic Licensing: License fees for academic use ranging from $10 to over $50 per user. Executive education and corporate training pricing typically 3x higher.
- Workshop & Training Services: 2-hour online workshops for faculty on selecting and teaching with simulation games. AACSB course on Teaching with Business Simulation Games.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Academic License (Per User) |
| Subscription | Multi-year contract | Corporate/Executive Training License |
| Freemium | Pay-as-you-go | Free Trial Available |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels7 records
Sim Institute product offering
Product offeringCore offering
Sim Institute develops and sells browser-based business simulation games used for experiential learning in corporate training and academic settings. The portfolio includes 12+ award-winning simulations covering sustainability, macroeconomics, healthcare management, HR, international business, circular economy, supply chain, and change management. Simulations are sold via per-user subscription licenses through direct sales to enterprises and through Harvard Business Publishing to universities, with optional AI-generated feedback and team play features.
Product overview
Sim Institute offers a portfolio of 12 award-winning business simulation games for experiential learning. The simulations cover diverse business disciplines including sustainability management, circular economy, healthcare management, human resources, macroeconomics, international business, supply chain management, and change management. Target audiences include corporations, universities, and high schools. Simulations are available in multiple languages and through distribution partners including Harvard Business Publishing. The portfolio includes standalone simulations that can be played individually or in teams, both face-to-face and online. Several simulations incorporate AI-generated feedback features. Key products include Net Zero (hotel emissions reduction), Fashion Forward (circular economy in fashion), Hospital Operations (healthcare management), Coffee Shop Inc. (business essentials), Market Entry (international business strategy), Econland (macroeconomics), CELL (hospital sustainability), and Trailblazer (change management).
Differentiator
Problem solved
Functional benefit
Products and services
- Net Zero Sustainability Management Simulation where learners lead an emission reductions program at a city-center hotel. Players reduce emissions by 50% over 7 years while optimizing financial performance across hotels in New York, London, or Singapore. Used by universities and corporate training programs.
- People Analytics HR Management Simulation where students take on the role of Human Resources Director for a customer support call center with 500 agents and 25 team leaders, making HR decisions over 5-7 years to enhance customer satisfaction while managing costs.
- Fashion Forward Circular Economy Simulation where learners manage the Design, Manufacturing and Retail activities of a fast fashion company for 5 years, moving towards circularity while reducing waste and growing profitability.
- Hospital Operations Healthcare Management Simulation where students manage a 250-bed general hospital with 1250 staff, making decisions about investment projects, policies and procedures, and staff and rewards to improve patient experience and operational performance.
- Coffee Shop Inc. Business Essentials Simulation where students manage and grow a coffee shop business through three levels of increasing complexity, covering Marketing, HR, and Operations decisions in a changing external environment.
- Market Entry International Business Simulation where learners manage the international strategy and operations of a chain of casual dining restaurants for 6 years, selecting attractive markets, choosing entry modes, and making local market decisions.
- Econland Macroeconomics Simulation that brings economics to life by having students make monetary and fiscal policy decisions for a fictional country, with the goal of maximizing economic well-being of citizens. Version 2 includes AI Advisor and multi-scenario replay.
- Sustainable Supply Chain Supply Chain Simulation where students play the role of a supply chain manager for a multinational company producing personal care products (liquid soaps, shampoos, conditioners, shower gel), optimizing sustainability and quality ratings alongside financial results over 5 years.
- CELL (Carbon Emissions Learning Lab) Hospital Sustainability Simulation developed with the Geneva Sustainability Centre of the International Hospital Federation, where healthcare executives manage a hospital towards reducing greenhouse gas emissions in line with Paris Agreement objectives.
- Net Zero High School Sustainability Simulation for High School where students manage an emissions reduction program at their own school, learning about climate change and sustainable actions over a 5-10 year period.
- Net Positive Hospitality Responsible Management Simulation developed with the World Sustainable Hospitality Alliance, where learners manage a hotel for 7 years to maximize progress towards Net Positive Hospitality across People, Planet, Place and Prosperity (4Ps) impact areas.
- Trailblazer Change Management Simulation where participants step into the role of a project lead learning to influence and navigate dynamic stakeholder relationships, with the goal of convincing 24 managers to adopt new organizational processes and ways of working.
Quantifiable outcome
- Over 100,000 learners use simulations annually
- +3 more outcomes
Companies that use Sim Institute
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
Sim Institute technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature5 records
Sim Institute partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Harvard Business Publishing (Harvard Business Impact)coreSimulations distributed through Harvard Business Impact for universities and colleges. Includes Net Zero, Coffee Shop Inc, Market Entry, Fashion Forward, Net Positive Hospitality, Hospital Operations, CELL, and Sustainable Supply Chain.
- AACSB InternationalcoreCourse 'Teaching with Business Simulation Games' offered through AACSB. Also organizes Business Simulation Games Workshop (May 2026). Partnership for faculty development and industry recognition.
- International Hospital FederationcoreCo-development partner for Carbon Emissions Learning Lab (CELL) simulation. Partnership with Geneva Sustainability Centre of the International Hospital Federation for healthcare sustainability training.
- Geneva Sustainability CentrecorePart of International Hospital Federation. Co-developed CELL (Carbon Emissions Learning Lab) simulation for hospital sustainability and decarbonization training.
- World Sustainable Hospitality AlliancecoreCo-developed Net Positive Hospitality simulation in collaboration with the World Sustainable Hospitality Alliance. Supports hospitality industry sustainability training.
- Indian School of Business (ISB)minorListed as valued partner. Nature of partnership involves simulation distribution and/or collaborative development for Indian market.
- FifreedomtodayminorPartnership announced March 17, 2025. Details of partnership scope not specified in available sources.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Sim Institute competitors and assessment
Company assessmentEmerging players
- Realizeit: Realizeit is an adaptive learning platform with simulation-style capabilities used in corporate training and higher education. It intersects with Sim Institute in AI-driven personalized learning for management and professional development.
Direct peers
- Smartsims: Smartsims is known for the BizCafe and other business simulations adopted in business school curricula. It competes with Sim Institute on experiential learning, simulation-based decision making and academic licensing.
- Marketplace Simulations: Marketplace Simulations delivers business strategy simulations widely used in undergraduate and graduate business programs. It overlaps with Sim Institute on simulation-based learning, curriculum-aligned business games, and per-user academic licensing.
- StratX Simulations: StratX Simulations delivers business strategy simulations used in executive education and corporate training. It overlaps with Sim Institute on experiential strategy learning, multi-year licensing, and corporate segment focus.
- GoVenture: GoVenture produces entrepreneurship, business, and life-skills simulations used in high schools, colleges, and corporate training. Its breadth across K-12, higher education and corporate training makes it a close comparable to Sim Institute's three-segment go-to-market.
- Capsim: Capsim is one of the longest-established providers of business simulations for business schools and corporate training (e.g., Capstone, Foundation, MKS). It directly competes with Sim Institute in the academic and corporate experiential learning market with a comparable subscription-license model.
- Interpretive Simulations: Interpretive Simulations develops business simulations such as StratSim and MicroBus that are widely deployed in business schools. It directly overlaps with Sim Institute's value proposition of experiential, multi-round strategy simulations for higher education.
- Stukent: Stukent provides marketing and business simulations (e.g., Mimic Pro, Social Media Marketing Sim) used by universities and corporate trainers. It is comparable to Sim Institute in distribution model (per-user academic licenses) and target buyers (business educators and corporate L&D).
Others
- Forio: Forio is the simulation hosting platform on which Sim Institute's browser-based simulations run. As platform/technology enabler and home to many competing simulation authors, it is an ecosystem participant rather than a direct competitor.
Broad incumbents
- Harvard Business Publishing Education: Harvard Business Publishing Education is both Sim Institute's largest distribution channel and a publisher of its own cases and simulations. It is the broader incumbent in business learning content with overlapping simulations for higher education.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Sim Institute social profiles
Digital presenceSim Institute financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sim Institute leadership team
Management profileNumber of profiles
Profiles1 record
Sim Institute funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sim Institute M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sim Institute
What does Sim Institute do?
Sim Institute develops and sells browser-based business simulation games used for experiential learning in corporate training and academic settings. The portfolio includes 12+ award-winning simulations covering sustainability, macroeconomics, healthcare management, HR, international business, circular economy, supply chain, and change management. Simulations are sold via per-user subscription licenses through direct sales to enterprises and through Harvard Business Publishing to universities, with optional AI-generated feedback and team play features.
Is Sim Institute a public or private company?
Sim Institute is a private company. It is classified as venture growth investor backed and is currently operating.
When was Sim Institute founded?
Sim Institute was founded in 2022. It employs 1 to 10 people.
Where is Sim Institute based?
Sim Institute is headquartered in Dubai, United Arab Emirates, in the Middle East region.
How does Sim Institute make money?
Three revenue lines are on record. Simulation License Sales are the primary driver. The others are academic Licensing and workshop & Training Services.
Who are Sim Institute's main competitors?
Realizeit is listed as an emerging player. Direct peers are Smartsims, Marketplace Simulations, StratX Simulations, GoVenture, Capsim, Interpretive Simulations and Stukent. Forio is listed as an others. Harvard Business Publishing Education is listed as a broad incumbent.
Does Sim Institute have an API?
No public API is recorded for Sim Institute.
What industry is Sim Institute in?
Sim Institute's product category is Educational Simulation Software. Its primary akta.pro industry code is EDAGAKAH, Simulation, Scenario & Serious Games Design, with a secondary code of MPAFAAAH, Serious Games & Simulation Studios (Training, Defense, Enterprise). Its NAICS code is 611430 and its SIC code is 7372.