Vantage Point Secures Seed Funding Round of $1.3M to Bring VR-Based Anti-Sexual Harassment Training to Enterprises
Vantage Point, the world’s first Virtual Reality-based enterprise training platform has announced a Seed funding round of $1.3M to bring immersive Anti-Sexual Harassment Training to corporations. Vantage Point is founded by solo female minority founder, Morgan Mercer. The company is positioned to launch its platform with the first set of notable customers later this month. The funding round was led The Venture Reality Fund, the leading investors with a focus on immersive and intelligent computing.
The round also includes some of the most well-known technology institutional investors including; Village Global, known for their LPs and Network including Jeff Bezos, Reid Hoffman, and Marissa Mayer, and Mark Zuckerberg; Colopl NEXT Fund; M Ventures, with expertise and an extensive network spanning across media, entertainment, politics, finance and technology; Anorak Ventures; and Josh Resnick, who sold his company Pandemic Studios to EA Games for $900M and then went on to found Sugarfina, who are now Vantage Point’s client.
The company, showing strong early traction, was accepted first into The Women in XR Venture Fund’s Cohort 1 in December 2017, who have been early and strong advocates of the company, and was then accepted into Adam Draper’s Boost VC in January 2018. Early customers range across technology, consumer goods, consulting services, school districts, recruiting and other sectors. The company has received extensive support from media, and technology outlets.
The company is located in San Francisco and has expanded operations to both Los Angeles and New York City. In tandem with ramping up recruiting efforts and scaling out the team, Alison Hadden, former Head of Brand Strategy at Glassdoor, has joined on as an advisory member.
“We’re excited, and this is just another step to deliver on our vision. With the support we need behind us, we’re excited to deliver a product that surpasses everybody’s expectations, and really set the standard in the next frontier of enterprise, diversity and inclusion, and anti-sexual harassment training,” says Morgan Mercer, Founder and CEO of Vantage Point. “This is just the beginning, and we’re looking forward to introducing the world to a new way of thinking about how life, social interactions, learning and development, and behavioral change can better be augmented by technology.”
