Moth+Flame is an award-winning developer of immersive virtual reality training technology, offering READY VR for hard skills and PromiseVR for soft skills. Its platforms are powered by AI and natural language processing, pair content-building tools with a virtual learning environment, and are sold as cloud SaaS subscriptions. The company serves both public and private sectors, with customers including the U.S. Air Force, Accenture, Netflix, and others. The Air Force holds a five-year, sole-source IDIQ contract covering pilot and maintenance training across 12 aircraft as well as suicide and sexual assault prevention curriculum. Headquartered in Brooklyn and founded in 2015, Moth+Flame has approximately 39 employees and bootstrapped operations for six years before this raise. It closed a $2.5 million seed round led by Bee Partners with participation from First In, Meeting Street Capital, Service Provider Capital, Spacecadet, and Dan Farah. The company plans to use the funds to scale operations and hire in sales and development to meet growing demand for corporate and government VR training.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2021