# Prisms of Reality

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prisms-of-reality

- Industry: Education/Training
- Headquarters: San Francisco, US
- Website: www.prismsvr.com
- Total disclosed funding: $22M
- Latest round: Series A (Dec 23, 2022)
- Investors on record: 4

## About

Prisms of Reality, Inc. is a US-based company specializing in an innovative educational platform that leverages advanced computing technology to provide immersive learning experiences for students.Founded in 2019 by Anurupa Ganguly, Prisms of Reality, Inc. operates out of San Francisco, US, focusing on enhancing educational engagement through technology. The company has successfully closed 3 deals, with the latest funding round occurring on December 23, 2022, when it raised USD 17.84 mn in Series A funding led by Andreessen Horowitz. The total amount raised by the company stands at USD 17.84 mn, with a current valuation of USD 69.87 mn.Prisms offers an innovative educational platform that leverages next-generation computing technology to enhance the learning experience. Its core product facilitates first-person, embodied learning experiences, enabling students to grasp abstract concepts through tactile and kinesthetic engagement. Targeting educational institutions such as schools and tutoring centers, Prisms serves a diverse client base, focusing on urban areas with a high concentration of educational facilities across North America and select European markets.Prisms' revenue model is structured around subscription services offered to educational institutions, providing scalable access to its learning platform. Annual subscription agreements grant schools and educational centers complete access to the product suite, enhancing student engagement and learning outcomes. The company also explores partnerships with educational organizations to broaden its marketplace reach, with revenue transactions occurring on a recurring basis tied to institutional commitments for integrating Prisms' technology into curricula.Following the recent Series A funding of USD 17.84 mn received on December 23, 2022, Prisms plans to utilize these resources to expand its team and enhance its programs in more schools across the U.S. Additionally, the company is focused on product development aimed at the higher education sector. There are also strategic plans to target expansion into new geographic markets within the U.S. by 2024, enhancing its footprint in educational technology.

## Funding rounds

- Series A, Dec 23, 2022, $18M — Andreessen Horowitz
- Seed, Jun 1, 2022, $4.3M — Andreessen Horowitz, Anorak Ventures, The WXR Venture Fund, Avalanche

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed, Series A
- Anorak Ventures (https://capitalatlas.ai/funds/anorak-ventures) — Seed
- The WXR Venture Fund — Seed
- Avalanche (https://capitalatlas.ai/funds/avalanche) — Seed
