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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.

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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 SectorVR & AREnterprise SoftwareDefense

Company Size

11-50

Company Stage

Early VC

Total Funding

$24.5M

Headquarters

New York City, New York

Founded

2017

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Simplify's take

What believers are saying

  • Harris County renewed Street Smarts VR for $250,000 through May 2027.
  • Misawa Air Base pursued a single-source award on June 2, 2026.
  • The company filed a $12.5 million exempt offering to accelerate product development.

What critics are saying

  • Street Smarts VR depends on government procurement cycles and contract renewals, concentrated in public safety budgets.
  • Single-source awards from Misawa and Fort Riley invite incumbent substitution risk by 2027.
  • A failed federal procurement or debarment would cripple revenue and likely kill the company.

What makes Street Smarts VR unique

  • Street Smarts VR holds multiple SBIR Phase III agreements with Air Force and Navy.
  • Its scenarios train de-escalation, active shooter response, and crisis encounters for officers.
  • Existing systems at Fort Riley and Misawa create sticky government workflow advantages.

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Funding

Total Funding

$24.5M

Above

Industry Average

Funded Over

9 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

6 month growth

-13%

1 year growth

-3%

2 year growth

0%
Intelligence360 News
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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