Strivr, a Menlo Park, CA-based immersive virtual reality (VR) training company, raised $16m in funding.
The round was led by GreatPoint Ventures (GPV). In conjunction with the funding, GPV Managing Partner Ray Lane also joined Stivr’s Board of Directors.
The company intends to use the funds to advance expansion into the enterprise market.
Led by Derek Belch, CEO, Strivr transforms the way organizations train and develop their employees, using virtual reality (VR) to simulate real-world, on-the-job scenarios for enhanced learning. Fortune 500 companies and elite sports organizations use the company’s immersive training platform to create engaging experiences.
Incubated in conjunction with Stanford University’s Virtual Human Interaction Lab, Strivr uses proven research in cognitive science and human behavior to increase engagement, performance and retention.
Customers include JetBlue, Fidelity, Tyson Foods and United Rentals.
To support them, the company has now also opened offices in New York, Seattle, and Nashville, TN in addition to its existing offices in Los Angeles and Menlo Park, CA.
FinSMEs
04/10/2018