XVR is the global leader in virtual reality e-learning for the emergency services sectors. XVR’s suite of products, which includes a crisis scenario simulation platform, e-learning content library, learning management system and a workforce competency management platform, is used by over 450 fire, police and healthcare organisations in more than 50 countries to train 300,000 staff each year. XVR helps ensure that staff working in critical risk sectors in the UK and internationally have the required knowledge and skills to maintain public health and safety.
Apiary invested in XVR in August 2021 as a platform for consolidating online compliance management and e-learning software businesses. Simultaneous with the investment from Apiary, XVR completed the bolt-on acquisition of learnPro eFireservice, a competency management and e-learning software provider to the NHS and the fire & rescue sector.
The management team is led by CEO Joost Beerthuis, CFO Espe du Plessis and Chairman Stuart Layzell.
Company website: xvrsim.com
The market for e-learning content and software solutions is growing rapidly but remains highly fragmented. Through an ambitious buy-and-build strategy, XVR intends to build on its market position by extending the range of compliance and competency management software and e-learning solutions to critical risk sectors.
“Merging XVR and learnPro eFireservice is an exciting opportunity that brings together expertise in training both front line staff and incident response managers. We are delighted to secure the support of Apiary Capital to create a global leader in virtual reality training and e-learning for the health and emergency services.”
Number of Customers: 450
Number of countries covered: 50
Staff trained annually: 300,000
INVESTMENT DATE: August 2021
SECTOR: Business Services