SNEAK PEEK
- Gemba announced today that it has raised $18 million with Parkway Venture Capital at a valuation of $60 million.
- International companies that want to teach their distributed workforces across several locations can get help from Gemba.
- The Parkway funding will speed up platform development and enable users to sign-up for access to Gemba.
Gemba, a platform for virtual reality workforce training, declared today that it has raised $18 million in a Series A fundraising round at a valuation of $60 million, with Parkway Venture Capital of New York as the lead investor.
As the company takes the lead in the emerging Virtual Reality as a Service (VRaaS) corporate training industry, the investment will be utilized to accelerate the company’s growth in EMEA and to finance its entry into the North American market.
Gemba assists international businesses looking to train dispersed workforces across multiple sites through highly immersive learning programs, simulated factory walks, and live training events – all by donning a VR headset. Gemba’s proprietary Virtual Reality (VR) offering combines software, content, and service.
The Leadership Network, a provider of executive education, was launched in 2013 by its chairman and CEO, Nathan Robinson. From there, Gemba was born. Senior executives from non-competing firms have been allowed to visit their cutting-edge factories and facilities as part of an executive Gemba masterclass thanks to their collaboration with global giants including Toyota, Tesla, Google, BMW, and Amazon.
The Parkway investment will hasten platform development and make it possible for people and businesses to subscribe to access Gemba. Users will gain from a constantly increasing virtual environment of training simulations, tools, and learning experiences that are conveniently accessible through online app stores at any time and from any location.
Gemba is a dependable instrument for transformation across the world’s workforce thanks to the addition of colocation services, adaptively mixed reality rooms, AI-powered consultants, and a safe and customizable version for enterprise use at scale.
The roll-out of potent and successful training at scale, engagingly, and cost-effectively is the biggest challenge transformative leaders face today, according to Nathan Robinson, CEO of Gemba. Gemba offers a significant solution to this problem in the digital era.
Over 4,000 executives from over 675 firms, including Philips, Pfizer, Nike, and Dell, trust Gemba. Leading automotive supplier Aptiv, as described in The World Economic Forum’s Augmented Workforce whitepaper, had few qualified personnel available to provide top-notch training across 125 facilities and more than 20 office locations.
