Transfr

VR workplace training

B2B
Education
Training
SaaS
Virtual Reality

See open opportunities

Company mission

To train the future of every industry and open up new opportunities for people across the globe.

Employees

201-500

HQ Location

Yorkville, New York, NY

OTTA INSIGHTS

Few candidates hear
back within 2 weeks

16% employee growth in 12 months

Otta's take on Transfr

Theo Margolius headshot

Theo Margolius

COO of Otta

In today's labor market, around 6 million Americans are out of work. Working populations suffer from wage and qualification inequalities, particularly among women, low-income families, and people of colour. Transfr was created to bridge the gap between work-based learning and classroom instruction so students can better develop their careers.

It is an immersive learning startup using virtual reality to simulate on-the-job training. Transfr leverages virtual reality to create simulations of manufacturing-plant shop floors or warehouses for training purposes. Transfr's solution has become even more relevant in recent years as an ongoing labour shortage has meant that employees in high-growth industries have to find new ways of reaching and rapidly upskilling promising new talent.

Because of this, virtual reality technologies are growing in popularity among employers and training providers. One of the biggest challenges for Transfr’s technology is the production costs of the VR simulations. However, Transfr is using the significant funding it has raised to reduce its production costs while simultaenously finetuning the quality and expanding the range of its simulations.

Total funding - $88.1m

Last 2 fundraises

Jun 2022

$35m

SERIES B

Sep 2023

$40m

SERIES C

Company benefits

  • Flexible Schedule
  • Generous parental leave
  • 401(K)
  • Health, Dental & Vision
  • Promote From Within
  • Company Outings
  • Company Equity
  • Paid Sick Days

Company values

  • Radical Responsibility: be accountable to yourself and others
  • Creativity: be curious and innovative
  • Win-Win Mindset: be generous and share success
  • Teamwork: be collaborative and caring
  • Personal Growth: be the best version of yourself
  • Empathy: share and understand others’ perspectives

Founders

Founding Board Member of nycTIES. Previously a Senior Operations Analyst at Neuberger Berman. Achieved an MBA from Carnegie Mellon Tepper School of Business. Founded LearnBop.


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Transfr is hiring for 6 jobs on Otta!


All locations

Software Engineering

Sales & Account Management