Street Smarts VR

Provides VR training solutions for security personnel

New York City, New York, United States

About Street Smarts VR

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 competitors, Street Smarts VR offers customizable training modules tailored to the specific needs of different organizations, ensuring relevant and effective training. The company operates on a business-to-business model, generating revenue through subscriptions 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, aiming to prepare clients for the complexities of their responsibilities in maintaining safety and security.

New York City, New YorkHeadquarters
2017Year Founded
$22.2MTotal Funding
EARLY_VCCompany Stage
Consulting, Government & Public Sector, VR & ARIndustries
51-200Employees

Risks

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.

Differentiation

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.

Upsides

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.

Funding

Total raised$22.19 M
Latest valuation$50.00 M
StageEARLY_VC
EARLY VC
3/31/2023
$10
$50.00 M
SEED
11/30/2019
$2
$8.50 M