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Street Smarts VR
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Provides VR training solutions for security personnel
Street Smarts VR
Work Here?
Provides VR training solutions for security personnel
About Street Smarts VR
Industries
Consulting
Government & Public Sector
VR & AR
Company Size
11-50
Company Stage
Early VC
Total Funding
$22.8M
Headquarters
New York City, New York
Founded
2017
Overview
Street Smarts VR provides virtual reality training solutions specifically designed for law enforcement, military, and private security personnel. Their platform uses VR technology to create immersive training experiences that simulate real-world scenarios, helping users enhance their skills and knowledge for better performance in their roles. Unlike many traditional training methods, Street Smarts VR's approach allows for customizable training modules tailored to the specific needs of different organizations, making their offerings more relevant and effective. The company operates on a business-to-business model, generating revenue through subscriptions to their training platform and consulting services. With a team composed largely of veterans from military and law enforcement backgrounds, Street Smarts VR emphasizes practical application in their training solutions. Their goal is to prepare clients for the complexities of their roles, ultimately contributing to safer communities.
Simplify's Take
What believers are saying
- Raising $12.5M to expand and accelerate product development and market reach.
- Increased demand for VR training due to societal focus on police reform.
- Advancements in VR technology enhance training realism and effectiveness.
What critics are saying
- Increased competition from companies like Axon with similar VR training programs.
- Rapid VR tech advancements may increase operational costs for platform updates.
- Potential privacy concerns could lead to regulatory scrutiny and challenges.
What makes Street Smarts VR unique
- Veteran-owned, offering real-world insights into law enforcement and military training.
- Customizable VR modules tailored to specific organizational needs and scenarios.
- Focus on immersive, data-driven training solutions for superior performance and safety.
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Funding
Total Funding
$22.8M
Above
Industry Average
Funded Over
3 Rounds
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↑ 0%2 year growth
↑ 6%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
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About Street Smarts VR
Industries
Consulting
Government & Public Sector
VR & AR
Company Size
11-50
Company Stage
Early VC
Total Funding
$22.8M
Headquarters
New York City, New York
Founded
2017
There are no jobs for Street Smarts VR right now.
Find jobs on Simplify and start your career today