AI/MLCXOsNews

Praxis Labs Launches VR-Based Diversity And Inclusion Learning Platform, Raises $3.2 Million

0

Praxis Labs has announced the launch of its virtual reality-based (VR) diversity and inclusion (D&I) learning platform and curriculum, Pivotal Experiences, designed to redefine work cultures, develop inclusive leaders and drive sustainable change for individuals and organizations.

Praxis Labs comes to market following its beta testing phase over the past year with clients including eBay, Amazon, Google and Uber.

In conjunction with its launch, Praxis Labs today also announced that it has raised $3.2 million in seed funding from a diverse group of investors, including SoftBank’s SB Opportunity Fund, Norwest Venture Partners, Emerson Collective, Ulu Ventures, Precursor Ventures, Firework VC and 20|20 Fund.

With this funding round, Co-Founder and Chief Executive Officer Elise Smith becomes one of 93 Black women to have raised more than $1 million for a venture-backed business.

The capital raised will primarily be used for the continued development and scaling of Praxis Labs’ learning experiences and platform.

“Given the current climate and the deep divisions apparent in society, we believe that building empathy and understanding of others’ perspectives, as well as the knowledge of how to intervene in the moment, is vital to taking steps toward increasing inclusion and belonging in the workplace. We believe our platform provides a strong foundation from which employees can make their workplaces – and ultimately, society – more equitable,” Smith added.