Log in
Enquire now
Strivr

Strivr

Strivr is a Menlo Park, California-based developer of a virtual reality platform for learning and training employees.

OverviewStructured DataIssuesContributors

Contents

strivr.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Training
Training
Corporate social responsibility
Corporate social responsibility
Virtual reality
Virtual reality
Location
Santa Clara, California
Santa Clara, California
Menlo Park, California
Menlo Park, California
Palo Alto, California
Palo Alto, California
B2X
B2B
B2B
CEO
Derek Belch
Derek Belch
Founder
Derek Belch
Derek Belch
Jeremy Bailenson
Jeremy Bailenson
AngelList URL
angel.co/strivr
Pitchbook URL
pitchbook.com/profiles...111652-03
Legal Name
Strivr Labs, Inc
Accelerator
Plug and Play
Plug and Play
Accelerator Batch
Plug and Play Brand and Retail Batch 13
Plug and Play Brand and Retail Batch 13
Number of Employees (Ranges)
51 – 200
Email Address
support@strivr.com
media@strivr.com
info@strivr.com
Phone Number
+16506569987
Full Address
975 N California Ave, Palo Alto, CA 94304, US
3520 Thomas Road, Suite C, Santa Clara, CA 95054,
CIK Number
1,613,323
Investors
Presence Capital
Presence Capital
Jeff Kearl
Jeff Kearl
Franklin Templeton Investments
Franklin Templeton Investments
Prologis
Prologis
BMW i Ventures
BMW i Ventures
Georgian Partners
Georgian Partners
Advancit Capital
Advancit Capital
GreatPoint Ventures
GreatPoint Ventures
...
DUNS Number
090151626
Founded Date
2015
Total Funding Amount (USD)
86,000,000
Latest Funding Round Date
April 19, 2022
Competitors
Talespin (company)
Talespin (company)
360Learning
360Learning
LearningBranch
LearningBranch
Absorb LMS
Absorb LMS
Northpass
Northpass
Modest Tree
Modest Tree
0
Business Model
Licensing
Latest Funding Type
Series B
Series B
NAICS Code
541,511
511,210
CAGE Code
7P4D8
Patents Assigned (Count)
2
Wellfound ID
strivr

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
35,000,000

Strivr is a developer of an end-to-end immersive learning platform designed to help people and organizations train, learn, and perform. The company's platform combines Virtual Reality (VR) with advanced learning theory, data science, and spatial design. Strivr initially developed training products as a project to help the Stanford University football team train in virtual reality.

Platform

Strivr's virtual reality-based learning platform offers employers a chance to bring immersive learning to new employees. Virtual learning offers the learner the chance to develop the same neural pathways they would develop through experience. At the same time, Strivr's platform offers employers the ability to measure a learner's performance through data analytics and insights.

Features

Through Strivr's platform, users are able to use their content creation tools to develop training programs. These tools are based on behavioral science and best practices, developed in part through Strivr's experience, and offer rich data-collection capabilities, along with analytics and predictions to offer users engagement and attention data. This can help a user understand the impact a training module has for users. Strivr also offers the selection, procurement, and configuration of all hardware, along with on-site physical set-ups, to help companies get started.

Content production

Strivr also offers performance consultants, who work with companies to assess their training needs and translate those into learning objectives that inform the VR learning, which is later developed. The resulting curriculum is designed with immersive content specialists who help design these courses and make them as immersive as possible to increase user learning retention. These content specialists include filmmakers, instructional designers, and UX experts, intended to bring a holistic approach to the artistic and educational aspects of immersive learning.

Case Study: Walmart

Walmart adopted Strivr's learning system in 2016 as a pilot operation. During the course of the training, Walmart found results that included 30 percent higher employee satisfaction, 50 percent higher scores on employment tests, and a 10 to 15 percent higher rate of knowledge retention, when compared to traditional training. In 2018, Walmart expanded the program to all of their stores.

The history of Strivr and immerseive learning

Use Cases
Health and Safety

Strivr suggests their immersive learning model can be used to help companies train employees to learn the best ways to react in challenging situations. For example, Verizon uses VR to offer realistic training for dealing with an armed robbery and to help employees learn de-escalation skills and practice decision making under pressure.

Operational Efficiency

Strivr suggests their immersive learning model can help companies increase the efficiencies of their employees through training, including reducing mistakes and increasing new employees' proficiency.

Customer Service

The immersive learning model has been used by Verizon to help their employees deal with difficult customers and learn how to stay calm and avoid escalations. The training can help employees provide better service by building empathy towards customers, and also help them feel more confident in the case of challenging customers.

Self-assessment tool

For their users, Strivr offers a virtual reality self-assessment tool, which allows users to bring a businesses challenge to Strivr, which then works to provide recommendations on how best to solve it with VR training. These recommendations are based on previous deployments in an industry and previous training experience.

Soft skills

With an increased emphasis on soft skills in various industries due to the increase in automation, Strivr has developed VR training programs to better increase users' soft skills, allowing learners to have experiences and explore real-world emotional responses, in order to better reflect on their performance and learn better strategies. As well, with the increase in remote hiring, Strivr offers VR as a solution to give a realistic experience to both job candidates and hiring managers. This can also help hiring managers better assess a candidate's soft-skills.

Sports

Developed in collaboration with the Stanford University Football team and coaches, Strivr offers a sports-focused VR training, which is intended to help athletes with knowledge and skill repetition. This is intended to allow players to practice anytime and anywhere to further accelerate a training regimen and to give the athletes a chance to run more reps in as realistic an environment as possible. This repetition in training can help accelerate an athlete's skills and understanding of a given game, and by performing in VR, the training can reduce the impact of practicing on the athlete's body.

Strivr's sports program has been used by NFL and college football teams, including by the San Francisco 49ers, Minnesota Vikings, Denver Broncos, Pittsburgh Steelers, Arizona Cardinals, and Tampa Bay Buccaneers. As well, it has been used by the Washington Wizards and Detroit Pistons of the NBA.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Bank of America is bringing VR instruction to its banks

Lucas Matney

https://techcrunch.com/2021/03/03/bank-of-america-is-bringing-vr-instruction-to-its-4000-banks/

Web

March 3, 2021

How VR is revolutionizing crisis preparedness

Meredith Balkus

https://fortune.com/2021/12/02/virtual-reality-crisis-safety-training/

Web

December 2, 2021

Podcast: Strivr CEO Derek Belch on VR Learning Today - HCM Technology Report

https://www.hcmtechnologyreport.com/podcast-strivr-ceo-derek-belch-on-how-vr-learning-is-becoming-real/

Web

October 8, 2021

VR Workplace Training Startup Strivr Lands $30 Million Series B - Inventiva

https://www.inventiva.co.in/startups/vr-workplace-training-strivr/

Web

March 31, 2020

References

Find more companies like Strivr

Use the Golden Query Tool to find similar companies in the same industry, location, or by any other field in the Knowledge Graph.
Open Query Tool
Access by API
Golden Query Tool
Golden logo

Company

  • Home
  • Press & Media
  • Blog
  • Careers
  • WE'RE HIRING

Products

  • Knowledge Graph
  • Query Tool
  • Data Requests
  • Knowledge Storage
  • API
  • Pricing
  • Enterprise
  • ChatGPT Plugin

Legal

  • Terms of Service
  • Enterprise Terms of Service
  • Privacy Policy

Help

  • Help center
  • API Documentation
  • Contact Us
By using this site, you agree to our Terms of Service.