Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com.

PressClub USA · Article.

BMW i Ventures Announces Strategic Investment in STRIVR

Mountain View – December 14th …BMW i Ventures has announced a strategic investment in STRIVR Labs, Inc., the world leader in using virtual reality (VR) for professional training. STRIVR was named one of Fast Company’s 50 Most Innovative Companies in the world earlier this year.

BMW
·
Brands
·
Corporate
·
Sustainability

Press Contact.

Kenn Sparks
BMW Group

Tel: +1-201-307-4467

send an e-mail

Downloads.

  
Attachments(1x, ~180.87 KB)

Related Links.

Mountain View – December 14thBMW i Ventures has announced a strategic investment in STRIVR Labs, Inc., the world leader in using virtual reality (VR) for professional training. STRIVR was named one of Fast Company’s 50 Most Innovative Companies in the world earlier this year.

 

STRIVR’s enterprise-focused product is a performance training platform that uses VR and AR (Augmented Reality) to help educate and train in areas like sales, operations, customer service, safety, and HR. It is an end-to-end platform, from content capture to reporting/assessment, and the content is viewed with regular VR headsets like Oculus and Samsung GearVR. A less-immersive, lite version is also available on mobile and tablet. STRIVR uses data and assessment tools to assess learner performance, enabling organizations to make data-driven decisions about individual preparedness for critical situations.

 

“From the beginning, we have always been focused on human performance,” said Derek Belch, co-founder and CEO of STRIVR. “Our software and holistic VR solution helps people become better at what they do, period. Sports was a great entry point for us due to lack of time to get meaningful reps, necessity to speed up the learning curve, and the constant pursuit of the slightest edge. We proved the model in one of the toughest learning environments out there.”

 

“Workers need to be trained faster and mistakes need to be minimized,” Belch continued. “There’s a need to accelerate learning across different types of organizations, and companies, just like sports teams, are always seeking a competitive advantage. We’re excited to take our learnings from sports and adapt our platform to retail, automotive, manufacturing, hospitality, public service, healthcare and more.”

 

“At BMW we are constantly exploring ways to enrich the training of our employees and the consumer buying experience. VR will change how both of these things are done. We see STRIVR as one of the distinct player in VR and are excited to be part of further developing its future.” said Christian Noske, Partner at BMW i Ventures. 

 

About BMW i Ventures

Mountain View-based BMW i Ventures, a corporate venture capital team founded by BMW Group in 2011, provides equity financing to high-potential start-ups and high-growth companies dedicated to shape the future of global mobility. As a strategic investor, i Ventures aims to build strong partnerships with young start-ups with a high potential of making urban mobility smarter, more efficient and more flexible. Collaboration projects intend to create sustainable business value on both sides. Portfolio companies benefit from BMW i Ventures’ long-term experience, strong reach and the broad network of a well-established brand. Through its previous investments in the fields of e-mobility, navigation, parking, car sharing and intermodality, BMW i Ventures has already entered into strategic partnerships with innovative providers such as Carbon3D, Nauto, Scoop, Stratim, Chargepoint, Life360, Moovit, JustPark, Chargemaster and Zendrive. www.bmwiventures.com

About STRIVR Labs

Founded in 2015, STRIVR Labs is the world leader in using virtual reality (VR) to train individuals and improve performance. STRIVR is used by the world's top organizations including professional sports teams and Fortune 100 companies. The platform leverages the power of immersive VR training to help individuals learn faster and more effectively, focusing on reaction time, pattern recognition, and decision making. STRIVR uses data to assess retention, enabling organizations to make data-driven decisions about individual preparedness for critical situations.

 

Article Offline Attachments.

My.PressClub Login
 

BMW Group Streaming.

THE BMW GROUP AT AUTO SHANGHAI 2017.

Shanghai. Wednesday, 19. April.
Here you will see the live transmission of the BMW Group press conference once again.

open streaming site

CO2 emission information.

Fuel consumption figures based on the EU test cycle, may vary depending on the tyre format specified. Further information on official fuel consumption figures, specific CO2 emission values and the electric power consumption of new passenger cars is included in the “Guideline for fuel consumption, CO2 emissions and electric power consumption of new passenger cars", which can be obtained from dealerships and here as PDF.

Latest Facts & Figures.

The All-New BMW X1
Wed Jun 03 00:00:00 CEST 2015
F48
Brands
Corporate sustainability at the BMW Group
Mon Dec 21 16:08:00 CET 2009
Corporate
Show all

Add your filter tags.

Press Release
Press Kit
Speech
Fact & Figures
Updates
Top-Topic
Submit filter
Clear all
 
Sun
Mon
Tue
Wed
Thu
Fri
Sat
 
Login