Vantage Point, a San Francisco, CA-based virtual reality powered enterprise training platform, raised $1.3M in seed funding.
The round was led The Venture Reality Fund, with participation from Village Global, known for their LPs and network including Jeff Bezos, Reid Hoffman, and Marissa Mayer, and Mark Zuckerberg; Colopl NEXT Fund, M Ventures, Anorak Ventures, and Josh Resnick.
The company intends to use the funds for product development and hiring to deploy its corporate training platform targeted at behavioral change and enterprise training for diversity and inclusion to corporations.
Founded by solo female minority founder Morgan Mercer, Vantage Point leverages Virtual Reality (VR) software to train around sexual harassment, diversity and inclusion, and L&D. Through creating engaging and immersive experiences in a safe and simulated environment, the company educates users on identifying and responding to nuanced and high-pressure situations, and identifies and educates users on implicit bias.
The company is to launch its platform with the first set of notable customers later this month.
Vantage Point was accepted first into The Women in XR Venture Fund’s Cohort 1 in December 2017, and was then accepted into Adam Draper’s Boost VC in January 2018. Early customers range across technology, consumer goods, consulting services, school districts, recruiting and other sectors.
The company has expanded operations to both Los Angeles and New York City.