What is STRIVR?
Founded in 2015 and headquartered in Menlo Park, California, STRIVR Labs has established itself as a leader in the virtual reality training space. The company provides a sophisticated platform designed to train individuals and optimize performance through immersive simulations. By moving beyond traditional learning methods, STRIVR enables organizations to measure, analyze, and improve workforce readiness in high-stakes environments. Its market position is defined by its ability to translate complex behavioral data into actionable insights, making it an essential tool for enterprises seeking to improve operational efficiency and safety through advanced technology.
How much funding has STRIVR raised?
STRIVR has raised a total of $83M across 3 funding rounds:
Series A
$5M
Unspecified
$16M
Series B
$62M
Series A (2016): $5M with participation from BMW, Presence Capital, Signia Venture Partners, and Advancit Capital
Unspecified (2018): $16M led by GreatPoint Energy
Series B (2020): $62M supported by Georgian, Alumni Ventures, GreatPoint Energy, Franklin Templeton, and Prologis
Key Investors in STRIVR
Georgian
Georgian is a growth-stage investment firm that partners with B2B software and AI companies, providing capital, strategic guidance, and technical expertise to help businesses scale and innovate.
Alumni Ventures
Alumni Ventures Group creates and manages alumni venture capital funds at top colleges and universities, offering a tested playbook and regulatory knowledge to support high-growth startups.
Franklin Templeton
Franklin Templeton is a global investment management organization providing specialized investment capabilities across multiple asset classes, including venture capital and alternative investments.
What's next for STRIVR?
Looking ahead, the strategic focus for STRIVR involves leveraging its recent capital to expand its enterprise software capabilities and deepen its penetration into new vertical markets. As the demand for remote and scalable training solutions continues to rise, the company is expected to prioritize the development of its analytics engine and the expansion of its content library. By maintaining a focus on high-impact, data-backed training, STRIVR is poised to define the next generation of workforce development, ensuring that its clients remain competitive in an increasingly digital and performance-oriented global economy.
See full STRIVR company page
