Strivr Raises Funding From Workday and Accenture In USD35M Series B


Strivr, a Santa Clara, CA-based platform for enterprise-scale Virtual Reality (VR) solutions, received investment from Accenture Ventures and Workday Ventures.

The strategic investments were part of the company’s latest $35m Series B round, which is being led by Georgian, with participation of additional new investors including Bank of America and Gaingels.

The company intends to use the funds to accelerate the delivery of immersive upskilling and reskilling solutions in the enterprise, and further advance its position as the platform of choice for elevating workforce performance through VR.

Led by Derek Belch, founder and CEO, Strive provides an immersive learning platform that powers the creation, delivery, management, and measurement of VR-based learning to optimize workforce performance. With Strivr, enterprises gain unique learning and assessment data to measure training effectiveness, evaluate role potential, and predict learning outcomes at scale. From hiring to training and upskilling, Strivr partners with elite sports teams and Fortune 1000 companies to elevate performance through immersive experience. The company has partnered with Bank of America, MGM Resorts, Sprouts, Verizon, and Walmart, among others.

Strivr also announced it is now part of Accenture Ventures’ Project Spotlight, an engagement and investment program focused on investing in companies that create or apply disruptive enterprise technologies. Additionally, the company has joined the Workday Software Partner Program, and intends to integrate its immersive learning platform with Workday Content Cloud, which will help serve the needs of enterprises facing challenges in training, upskilling, and reskilling their workforces.