Interplay Learning, an US-based startup developing a three-dimension and virtual reality platform for trade workers, has raised $18m in its series B round from a consortium including Strada Education Network, a nonprofit corporation which assists students into post-secondary education and also known as United Student Aid Funds or USA Funds, as a new investor.
Venture capital firms Owl Ventures and S3 Ventures led Interplay’s series B round, which also included VC peers Venture Reality Fund, SJF Ventures, Sierra Ventures, Holt Ventures, Wild Basin Investments and Shelter Capital Partners.
Interplay has raised $25m in total and said it would use the money to move into new markets and further develop its existing products.
In May 2019, Interplay completed a $5.5m series A round from S3 Ventures, SJF Ventures, Sierra Ventures, Wild Basin Investments, Shelter Capital Partners, Shasta Ventures and Holt Ventures.
Founded in 2016 by Doug Donovan and Steve Quirk, Interplay provides online and virtual reality training for a range of skilled trades, such as heating, ventilation, air conditioning, plumbing, electrical, facilities maintenance, and solar subject matter.
It has more than 2,000 customers and 110,000 users nationwide.
