Street Smarts VR

Street Smarts VR

VR training platform for security forces

Overview

Street Smarts VR builds immersive virtual reality training platforms for law enforcement, military, and private security. The platform delivers scenario-based training through VR modules that can be customized to an organization’s needs, sold on a subscription basis with pricing tiers by user count and level of customization, and complemented by consulting to help integrate VR into existing training programs. What sets Street Smarts VR apart is its veteran-led team—many with real-world law enforcement and military experience—and the status as a service-disabled veteran-owned small business, which informs practical, field-tested training content and a community-focused approach. The company’s goal is to improve performance and safety for trainees and, by extension, the communities they protect, by bridging traditional training with realistic, immersive VR experiences.

Significant Headcount Growth

About Street Smarts VR

Simplify's Rating
Why Street Smarts VR is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Government & Public Sector

VR & AR

Enterprise Software

Defense

Company Size

11-50

Company Stage

Early VC

Total Funding

$22.8M

Headquarters

New York City, New York

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Filed $12.5M exempt offering to accelerate product development and expansion.
  • Canadian partner delivers 40+ MHCR scenarios, surpassing live actor efficiency.
  • Supports 18k DoD personnel via VIVE hardware, enhancing military readiness.

What critics are saying

  • Adaptive VR erodes share with wireless free-roam systems in 12-24 months.
  • FivePoint Solutions diverts resources to other projects in 6-12 months.
  • $12.5M funding shortfall lags R&D behind AI-VR rivals in 6-12 months.

What makes Street Smarts VR unique

  • Veteran-owned team crafts ultra-realistic VR scenarios for law enforcement crises.
  • Serves 60+ DoD installations and 56 state agencies with customizable modules.
  • Proposes SBIR-funded self-authoring module and less-lethal range for all clients.

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Funding

Total Funding

$22.8M

Above

Industry Average

Funded Over

8 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

23%

1 year growth

28%

2 year growth

28%
intelligence360
Apr 27th, 2023
Street Smarts Vr Has Filed A Notice Of An Exempt Offering Of Securities To Raise $12,500,000.00 In New Equity And Debt Financing.

Street Smarts VR has filed a notice of an exempt offering of securities to raise $12,500,000.00 in New Equity and Debt Financing. Street Smarts VR has filed a notice of an exempt offering of securities to raise $12,500,000.00 in New Equity and Debt Financing.According to filings with the U.S. Securities and Exchange Commission, Street Smarts VR is raising $12,500,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Oliver Noteware played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.About Street Smarts VRStreet Smarts VR is dedicated to bringing low-cost, high-quality virtual reality (VR) training to state and local police departments. Our mission is to leverage the immersive power of VR to create police training experiences that improve officer judgment. At the same time, we provide analytics and data services that enable police management to understand and optimize their workforce

AlleyWatch
Jun 7th, 2022
The AlleyWatch Startup Daily Funding Report: 6/7/2022

The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 6/7/2022 featuring funding details for Ethena, Nextiles, and much more.

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