Accenture Invests in Praxis Labs

Praxis Labs

Praxis Labs, a San Francisco, CA-based software-as-a-service virtual reality (VR) company with an end-to-end immersive learning platform, received an investment from Accenture Ventures.

The amount of the deal was not disclosed.

As part of Project Spotlight, Praxis Labs will have access to Accenture’s domain expertise and its enterprise clients, and the opportunity to co-innovate with Accenture at its Innovation Hubs, Labs and Liquid Studios, working with subject matter experts to adapt its solutions to the enterprise market and scale faster and more effectively.

Founded in 2019 and led by CEO Elise Smith, Praxis Labs combines learning science, workplace scenarios in VR/MR, and actionable insights to improve equity and inclusion for learners and clients. The platform leverages immersive learning to target key areas across the talent lifecycle and highlight what individuals and organizations can do to create workplaces that work for people as well as deliver products and services that serve everyone.

Clients include Uber, ServiceNow, and Ericsson.

FinSMEs

15/06/2023