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Venture Capital News: Praxis Labs Receives Funding From Accenture

2023-06-15
NEW YORK, NY, Accenture has invested in Praxis Labs, a software-as-a-service virtual reality company.
Accenture has invested in Praxis Labs, a software-as-a-service virtual reality (VR) company with an end-to-end immersive learning platform that helps users develop soft skills to drive equity, inclusion, and value in the workplace and beyond. The investment was led by Accenture Ventures as part of its broader Project Spotlight initiative.

Praxis Labs is an immersive learning platform focused on embedding equity and inclusion throughout the employee lifecycle. By combining immersive technology and research-backed curricula, Praxis' platform allows learners to navigate authentic workplace scenarios, practice key 'human skills' like having difficult conversations or giving feedback that equip them to show up as inclusive leaders in the workplace. Praxis Labs' current clients like Uber, ServiceNow, and Ericsson, leverage Praxis' platform to drive behavior and systems changes that improve belonging, engagement, retention, and ultimately productivity and innovation.
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