# Strivr Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/strivr-labs

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.strivr.com
- Total disclosed funding: $86M
- Latest round: Series B (Apr 19, 2022)
- Investors on record: 13

## About

Based in the US, Strivr Labs Inc. specializes in providing immersive virtual reality (VR) and extended reality (XR) training solutions tailored for diverse industries, enhancing employee engagement and operational efficiency.Strivr Labs Inc. delivers immersive training solutions centered on VR technology. Founded in 2015, the company is headquartered in Santa Clara, California, US. It has successfully completed 6 funding rounds, with its latest being a SERIES B round in March 2025, raising USD 35.00 mn from investors including Georgian, Accenture Technology Ventures, and Bank of America. The company was co-founded by Carl-Fredrik Svensson and Derek Belch, both of whom currently serve as CEOs.Strivr specializes in delivering immersive learning experiences through its virtual reality (VR) and extended reality (XR) training solutions. The company’s core offering is an enterprise-grade software infrastructure that supports large-scale VR training deployments across various industries such as retail banking, healthcare, hospitality, logistics, and manufacturing. Strivr's solutions are designed to enhance employee engagement, improve operational efficiency, and streamline onboarding processes, providing a risk-free environment for practice and skill development. These offerings cater to Fortune 1000 companies and elite sports teams, and are available in North America, Europe, and Asia.Strivr generates revenue primarily through subscription-based models and partnerships with enterprises implementing its VR training solutions. Organizations typically subscribe for access to Strivr's extensive library of training content, with options for commissioning custom content tailored to their specific requirements. Long-term contracts are common, ensuring ongoing access to training resources and updates, with pricing plans adaptable to various client needs. Strivr's products are structured to facilitate significant reductions in training time and costs, positively impacting workforce efficiency and engagement metrics.In March 2025, Strivr Labs Inc. raised USD 1.00 mn in venture debt funding from new investor NIIT, which will be utilized to accelerate its platform and services. The company is focused on enhancing its product offerings and expanding its market reach. Plans include launching new training solutions and targeting additional markets, specifically in North America and Europe, aiming for broader adoption by 2026.

## Funding rounds

- Series B, Apr 19, 2022, $35M — Bank of America, Georgian, Accenture Technology Ventures, Workday Ventures, Gaingels
- Series B, Mar 31, 2020, $30M — Prologis, Georgian, GreatPoint Ventures, Franklin Templeton, Alumni Ventures Group
- Series A, Oct 2, 2018, $16M — GreatPoint Ventures
- Series A, Dec 14, 2016, $5M — BMW i Ventures, Advancit Capital, Signia Ventures, Presence Capital

## Investors

- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Series A
- Advancit Capital (https://capitalatlas.ai/funds/advancit-capital) — Series A
- Signia Ventures (https://capitalatlas.ai/funds/signia-ventures) — Series A
- Presence Capital (https://capitalatlas.ai/funds/presence-capital) — Series A
- GreatPoint Ventures (https://capitalatlas.ai/funds/greatpoint-ventures) — Series A, Series B
- Prologis (https://capitalatlas.ai/funds/prologis) — Series B
- Georgian — Series B
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B
- Bank of America — Series B
- Accenture Technology Ventures (https://capitalatlas.ai/funds/accenture-technology-ventures) — Series B
- Workday Ventures (https://capitalatlas.ai/funds/workday-ventures) — Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B