Tech Company Financing Transactions
Prisms VR Funding Round
On 1/30/2023, Prisms VR raised $12.5 million in Series A investment from Andreessen Horowitz.
Transaction Overview
Company Name
Announced On
1/30/2023
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series A
Investors
Proceeds Purpose
Prisms intends to use the funds from this latest round to accelerate growth and adoption of its product and team. The funds will also go to expanding programs to more schools across the U.S. and product development in higher education and other subjects.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
435 Brannan St 207
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Overview
Fragile math proficiencies continue to be the root cause of disengagement and attrition in STEM. This is because the core predictors of success in STEM - spatial reasoning and the ability to abstract from physicality - are woefully underrepresented in learning materials today. Prisms develops these core competencies by teaching to the correct modalities.
Management Team
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