What is STRIVR?
Founded in 2015 and headquartered in Menlo Park, California, STRIVR Labs operates at the intersection of human performance and immersive technology. The company provides a sophisticated virtual reality platform designed to train individuals and optimize operational efficiency across diverse industries. By leveraging VR to simulate real-world scenarios, STRIVR enables organizations to accelerate employee proficiency and reduce the risks associated with traditional training methods. The company has effectively transitioned from a niche innovator to a critical partner for large-scale enterprises seeking data-driven insights into workforce readiness and skill acquisition.
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 Advancit Capital, BMW, Signia Venture Partners, and Presence Capital
Unspecified (2018): $16M led by GreatPoint Energy
Series B (2020): $62M supported by Franklin Templeton, GreatPoint Energy, Alumni Ventures, Georgian, and Prologis
Key Investors in STRIVR
Franklin Templeton
A global investment management organization providing specialized capabilities across multiple asset classes, including venture capital and alternative investments.
Georgian
A growth-stage investment firm that partners with B2B software and AI companies, providing capital and technical expertise to help businesses scale.
Prologis
A global leader in logistics real estate that invests in technologies supporting supply chain efficiency and operational performance.
What's next for STRIVR?
Looking ahead, the influx of capital positions STRIVR to capitalize on the increasing demand for remote and scalable training solutions in a post-pandemic economy. The company is expected to focus on deepening its integration with enterprise resource planning systems and expanding its library of immersive content. By utilizing the recent financing to enhance its AI-driven analytics, STRIVR aims to provide deeper visibility into employee performance metrics, thereby cementing its role as an essential component of the modern corporate learning stack. Strategic focus will likely remain on scaling operations to meet the needs of global clients while maintaining its technological edge in the competitive VR training market.
See full STRIVR company page
