Strivr, a virtual reality (VR) product for workplace training, raised USD 35 million in a funding round led by Georgian Partners, with the participation of Accenture Ventures, Workday Ventures, and new investors Bank of America and Gaingels. The funding follows its USD 30 million extended Series B funding round in March 2020 and brings its total funding to USD 86 million.
The company intends to use the funds for platform development.
The company also announced that it is part of Accenture Ventures’ Project Spotlight, a program focused on investing in developers of disruptive technologies. Furthermore, the company is also a part of the Workday Software Partner Program, with plans to integrate its technology with Workday Content Cloud.
Since its last fundraising in March 2020, the company has acquired notable clients such as MGM Resorts and Bank of America. MGM Resorts is reportedly using the technology to train its employees in Las Vegas, Michigan, and New Jersey, with plans to extend the company’s services. Meanwhile, Bank of America stated last year that it will deploy the technology to train 45,000 employees across 4,000 banks nationwide.
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