Gemba, a virtual reality workforce learning platform, has raised an $18 million Series A funding round at a $60 million valuation led by New York investor Parkway Venture Capital. The investment will be used to accelerate the company’s growth in Europe, the Middle East and Africa (EMEA) and to fund the expansion into the North American market as the company provides virtual reality as a service (VRaaS) corporate training space.
Through its proprietary virtual reality (VR) offering combining software, content and service, Gemba helps global enterprises seeking to train distributed workforces across multiple sites through immersive learning programs, simulated factory walks and live training events – simply by putting on a VR headset.
Gemba grew out of the executive training company The Leadership Network, founded in 2013 by CEO Nathan Robinson and Chairman Victor Lewis. Through its collaboration with global giants like Toyota, Tesla, Google, BMW and Amazon, senior executives from non-competing companies have been able to visit its factories and facilities to see best practices in action as part of an executive Gemba masterclass.
The Parkway investment will accelerate the development of the platform, enabling people and companies to access Gemba on a subscription basis. Users will benefit from an expanding virtual world of training simulations, tools and learning experiences that can be accessed through online app stores at any time from any location.
With the introduction of colocation services, adaptable mixed reality spaces, AI-powered consultants and a secure and customizable version for enterprise use at scale, Gemba is a reliable tool for transformation across the global workforce.
For more information, go to Gemba.