– USA, TX – Interplay Learning, the global leader in training essential skilled trade workers to be job-ready, announced today, it completed an $18 Million Series B round of financing co-led by Owl Ventures and S3 Ventures alongside Strada Education Network and The Venture Reality Fund, as well as participation from existing investors SJF Ventures, Sierra Ventures, Holt Ventures, Wild Basin Investments and Shelter Capital Partners.
Concurrent with the financing, Ian Chiu, Managing Director at Owl Ventures will join Interplay’s Board of Directors.
“Interplay Learning is setting the standard for fully interactive, lifelike, hands-on simulation learning that can be experienced through VR, mobile and desktop applications,” said Ian Chiu, Managing Director of Owl Ventures. “Thousands of companies are leveraging Interplay to build their own scalable, job-ready workforce faster than ever before. Interplay’s on-demand skilled trades training courses are designed to help the existing 24 million skilled workers, as well as those just entering the workforce, to be field-ready in weeks, not years. We’re excited to be partnering with Interplay as they continue to scale and expand on their market leadership.”
“This new capital enables us to broaden our offering into new markets and accelerate our vision for ‘comersive’ learning, combining immersive learning with human connection,” said Doug Donovan, Founder, and CEO of Interplay Learning. “There is a critical shortage of essential skilled workers in the U.S. that is being exacerbated by the accelerating rate of retirement. This growing skilled trades gap is what drives us every day. We’re excited about our growth in 2021; we plan to double our employee headcount and fulfill our mission of better careers, better lives.”
About Interplay Learning
Founded in 2016, Austin, Texas-based Interplay Learning is the leading global provider of online and VR training for the essential skilled trades. The firm develops and delivers scalable, highly effective digital learning simulations for the HVAC, Plumbing, Electrical, Solar, Multi-family Maintenance, and Facilities Maintenance workforce. Using comersive learning technology, Interplay Learning allows its customers to practice hands-on learning and train to be job-ready in weeks, not years. The company won the AI Breakthrough Award for Best Use of Virtual Reality for Enterprise Applications and is an AHR Expo – Innovations Awards 2020 Winner. Interplay Learning is building better training, better careers, and better lives for its customers and their employees. Welcome to the next generation of the skilled labor workforce.
For more information: https://www.interplaylearning.com/
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