Praxis Labs

Brooklyn, United States Founded: 2019 • Age: 7 yrs Acquired By Torch Leadership Labs
Immersive ARVR platform for enterprise learning and development is provided.
Annual revenue - Latest available
Total funding $18.7M 3 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Praxis Labs

Praxis Labs is a company based in Brooklyn (United States) founded in 2019 by Heather Shen and Elise Smith was acquired by Torch Leadership Labs in July 2025. Praxis Labs has raised $18.7 million across 3 funding rounds from investors including Torch Leadership Labs, Norwest Venture Partners and Accenture Ventures. Praxis Labs offers products and services including Pivotal Practice and Pivotal Experiences. Praxis Labs operates in a competitive market with competitors including VirtualSpeech, Maxme, Fullbridge, Vani and Lifeed, among others.

  • Headquarter Brooklyn, United States
  • Founders Heather Shen, Elise Smith
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
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  • Total Equity Funding
    $18.7 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
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Products & Services of Praxis Labs

Praxis Labs offers a comprehensive portfolio of products and services, including Pivotal Practice and Pivotal Experiences.

Product name locked
Category locked
Primary

Offers quick AI simulations for practicing human skills with feedback.

Product name locked
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Provides modules for leadership skill development through AI coaching.

People of Praxis Labs

Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Theresa Vu
Chief Technology Officer
People
Elise Smith
Co-Founder & CEO
People
Heather Shen
Co-Founder & CPO
People
Anne Snyder
Principal Learning Engineer

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Funding Insights of Praxis Labs

Praxis Labs has successfully raised a total of $18.7M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Praxis Labs

Praxis Labs has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Torch Leadership Labs, Norwest Venture Partners and Accenture Ventures.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are managed by Accenture-backed firm in Dublin.
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Seed-stage funding is provided to innovative founder teams.
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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Investor details for Praxis Labs

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Investments & Acquisitions by Praxis Labs

Investments
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Investment portfolio details for Praxis Labs

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Financial Statements - Praxis Labs

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Detailed financials for Praxis Labs

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Praxis Labs Comparisons

Praxis Labs Primary company
Description
Immersive AR/VR platform for enterprise learning and develop...
Location
Brooklyn, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Praxis Labs

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Competitors of Praxis Labs

Praxis Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as VirtualSpeech, Maxme, Fullbridge, Vani and Lifeed, among others.

Company Name Domain Founded year HQ Location Description
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Virtual reality apps for public speaking & English language learning
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LMS platform for employee soft skills development is provided.
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Professional training programs are offered online and in-person for corporates.
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AI-powered coaching for communication skills is provided.
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Provider of a digital platform for employee development
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Detailed competitors of Praxis Labs

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Latest news on Praxis Labs

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Complete news archive for Praxis Labs

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Frequently Asked Questions about Praxis Labs

Praxis Labs was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Praxis Labs is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.

Elise Smith is the current CEO of Praxis Labs. They have also founded this company.

Praxis Labs is a funded company, having raised a total of $18.7M across 3 funding rounds to date.

Praxis Labs was founded in 2019 in Brooklyn, United States, as a provider of ARVR-based immersive learning solutions for enterprises. Workplace equity and inclusion are addressed through evidence-based JEDI curriculum. Micro skills in areas such as mentorships, interviewing, performance management, and team policy development are cultivated via real-life simulations. Operations focus on the edtech sector to support professional development.

Praxis Labs's top competitors include VirtualSpeech, Vani and Lifeed.

Praxis Labs offers Pivotal Practice and Pivotal Experiences.

Praxis Labs has 10 investors. Key investors include Torch Leadership Labs, Norwest Venture Partners, Accenture Ventures, Ulu Ventures, and Emerson Collective.

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