🦄 Unicorner Startup of the Week: Prisms VR
✍️ Notes From The Editors
Today's deep dive into where EdTech meets the metaverse is written by Alex Azilazian! Alex is a student at UCLA studying Political Science. He enjoys discussing topics such as law, politics, and business. Make sure to connect with him.
P.S. Can you reply to this email if you're in NYC or Boston? We're putting together a series of events in April and would love to connect—we LA folks need some northeast food recommendations.
- Arek and Ethan 🦄
VR learning for K-12 students
PrismsVR is a virtual reality education service that aims to help students from kindergarten to 12th grade have an easier time understanding complex mathematics by applying hands-on, personalized, and evidence-based learning models.
🔗 Check it out: prismsvr.com
💰 Business Model
The company sells B2B to schools and districts. It also has a VR application available on the Oculus Quest store for a subscription of $23.99 per year.
📈 Traction and Fundraising
  • Raised $12.5 million Series A from a16z
  • Has had 5 funding rounds and has raised a total of $19.1 million, including two grants from the National Science Foundation
👫 Founders
  • Anurupa Ganguly, CEO: Previously Director of Mathematics and Engineering @ Success Academy Charter Schools, Senior Director of Instruction and Professional Learning @ NYC Department of Education, Education Master’s @ Boston University, EE & CS Master’s @ MIT
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🔮 Our Analysis
Oftentimes, it can be rather difficult for students to truly absorb the concepts at play behind mathematics subjects such as Algebra and Geometry. Recent studies show that approximately 82% of American students from grades 7-10 are apprehensive about learning math. Prisms VR offers a new approach to finding a solution to this problem. Every student has differing strengths and weaknesses when it comes to learning. Some require more effort and attention than others. Because of this, the company is taking a pioneering approach to creating a model of learning tailored to each student's strengths and weaknesses. Its use of hands-on virtual reality learning models for K-12th grade students to learn at a rate fit for them is a pioneering approach. Given the increasing rate of technology being used in the classroom, fueled in part by the shift to remote education during the COVID-19 pandemic, Prisms VR is positioned to have a successful future. If you’re interested in this space, stay tuned, as we'll be exploring EdTech closer in an upcoming company cover.
📚 Further Reading
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