In an initial funding round, Strivr Labs Inc raised $5 million towards expansion across sports and the workplace, according to the Wall Street Journal. Strivr transforms the way companies train and develop their employees, using virtual reality (VR) to simulate real-world, on-the-job situations for enhanced learning. Strivr Stock strivr.com | Education | Founded: 2015 | Funding to Date: $51,000,000 Developer of end-to-end immersive learning platform designed to elevate the … The company's platform leverages a methodology that combines Virtual Reality (VR) with advanced learning theory, data science and spatial design, providing businesses to elevate performance through immersive experience. In that time, huge companies have made big VR For more details on financing and valuation for Strivr, For more details on valuation for Strivr, Register or Login, Derek Belch - Co-Founder, Chief Executive Officer and Board Member, Michael Manuccia - Chief Operating Officer, Jeremy Bailenson - Co-Founder & Board Member, Richard Thompson - Signia Venture Partners. Get data-based research, detailed reports, and unique insights on private companies and trends. "If you come to our studio and take a look at the people sitting around the table discussing ideas, they’re from almost every part of the world. Virtual reality has been two years away from mainstream adoption for the past six years. As Big Data Gets Bigger, Are Canadian Businesses Listening? With this investment, GPV Managing Partner Ray Lane also joined the company’s Board of Directors. Strivr's VR experiences deliver a compelling ROI: higher productivity, lower training costs and better job performance. StartUp HERE Toronto is a publishing partner of techPORTFOLIO and this article was originally published on their site. Strivr’s funders are saying yes. Selected AR/VR companies that have raised funding or generated significant revenue, plus selected corporates as of September 2019. Using proprietary software and virtual-reality headsets such as Facebook’s Oculus Rift and Samsung Electronics Co.’s Gear VR, the company gives football players the ability to run plays and scenarios as if they’re in the middle of play. Leading Fortune 500 companies and sports teams use Strivr's immersive training platform to create highly engaging experiences for fast, consistent and effective training. Tweets from @startuphereTO/suhto-partners. I think it has really helped Umbra create an international style.”, Paul Rowan, Co-Founder and VP Inspiration, Umbra, “The scale and quality of meet-ups and conferences and speaking events have gone up dramatically. We work with more than 70 suppliers located in the Greater Toronto Area and we benefit from a variety of expertise going from complex machining to systems integration.”, Graham Kelly, Vice-President, Global Operations & Toronto Site, Bombardier Aerospace, "Startups in Toronto benefit from support at every stage. The funding, led by Menlo Park, California-based Signia Venture Partners, will allow Strivr to expand its software applications to corporate customers for VR-based training programs designed to help improve reaction time and decision-making in customer service scenarios.