Transfr, a startup creating VR tools for training and career development, today announced that it raised $40 million in a Series C round led by ABS Capital with participation from JPMorgan Chase Impact Finance, Advisory, Lumos Capital Group, Akkadian Ventures, Spring Tide Capital, Firework Ventures and Album.

The round brings Transfr’s total raised to $90 million, and CEO and founder Bharani Rajakumar says that it’ll be put toward building out Transfr’s executive team, scaling its platform and investing in the creation of new training simulations that cover a wider range of skills and scenarios. Transfr also plans to expand its foreign language offerings, specifically its training courses in Spanish, and “enhance” its existing offerings with new content.

“This Series C growth capital investment round was led by ABS Capital to further develop Transfr’s virtual reality simulation and training platform and to expand its programs to accommodate its rapidly growing customer base, which has more than doubled year over year from 2019 to 2023,” Rajakumar told TechCrunch in an email interview.

The hype around VR might’ve subsided somewhat. But Transfr has shown to have impressive staying power, with a customer base that now spans government agencies, Fortune 500 companies, community organizations, workforce development groups, K-12 schools and higher-ed institutions.

Rajakumar claims that Transfr is installed in more than 1,000 locations around the U.S. and has facilitated almost 400,000 training simulations.

“In less than three years, the company has grown from serving customers in only one state to working with nonprofit, public sector and enterprise partners in more than 40 states,” he added.