DecisionSim, Inc., a Chadds Ford, PA-based provider of simulation-based learning platforms, raised $1.85m in Series A financing.
The round was led by Rittenhouse Ventures, which contributed $1.5m, with participation from Ben Franklin Technology Partners of Southeastern Pennsylvania, which committed an additional $350k.
The company intends to use the funds to double its staff within the next six months, increase the scale and scope of its technology infrastructure and expand DecisionSim™ in the U.S. and globally.
Led by Bob Yayac, CEO, DecisionSim provides simulation solutions to the healthcare industry. Its flagship product, DecisionSim™, is a novel and fully customizable simulation-based learning platform that enables assessment and enhancement of decision-making through real-world experiences. It has been adopted by top healthcare systems around the world, including the Department of Veterans Affairs, patient education innovators, pharmaceutical companies, medical societies, continuing medical education providers, insurers, academic institutions, and corporate training organizations.