Lumos Capital Group has invested $35 million in Transfr, a leader in immersive learning technologies, to enhance education and workforce training through VR and AR solutions.

Information on the Target

Transfr is an innovative leader in the field of immersive learning, utilizing advanced technologies such as virtual reality (VR) and augmented reality (AR) to facilitate hands-on educational experiences. Founded in 2017 by Bharani Rajakumar, Transfr primarily serves a broad spectrum of clients, including workforce development agencies, colleges, employers, and K-12 districts. The company has pioneered VR applications aimed at training and career exploration, particularly for fast-growing sectors like healthcare, aerospace, advanced manufacturing, automotive, and construction.

Transfr's platform emphasizes kinesthetic learning, making education more accessible to learners who have struggled with traditional instructional methods. The immersive experiences offered by Transfr not only accelerate the speed to mastery but also enhance learning outcomes, reduce costs, and improve safety, highlighting the advantages of experiential education over conventional approaches.

Industry Overview in the Target’s Specific Country

The education technology (edtech) sector has witnessed significant evolution over the last decade, especially as internet accessibility continues to improve. The scope of online learning has transformed from simple text-based cont