When was Praxis Labs founded?

Praxis Labs was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Praxis Labs located?

Praxis Labs is headquartered in Brooklyn, United States.

Who is the current CEO of Praxis Labs?

Elise Smith of Praxis Labs. They have also founded 1 company.

How many employees does Praxis Labs have?

As of Jul 01, 2024, the latest employee count at Praxis Labs is 42.

Is Praxis Labs a funded company?

Praxis Labs is a funded company, having raised a total of $18.7M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 22, 2021.

When was the latest funding round of Praxis Labs?

Praxis Labs' latest funding was a $***** Series B round on Jun 15, 2023, with participation from 1 investor. Its primary sector is HRTech. In United States, the HRTech sector has seen $638M in funding in 2026 to date.

Where does Praxis Labs rank among its competitors?

Praxis Labs ranks 1st amongst 81 active competitors, of which 14 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Vocal Image, which secured $3.6M in Aug, 2025.

Who are the top competitors of Praxis Labs?

Praxis Labs' top competitors include Orai, Vocal Image and Mpathic Technologies. Among them, Vocal Image secured the most recent funding round in August, 2025.

Praxis Labs - 2026 Company Profile, Team, Funding & Competitors

Praxis Labs is an acquired company based in Brooklyn (United States), founded in 2019 by Elise Smith and Heather Shen. It operates as a Provider of an immersive learning platform for enterprises. Praxis Labs has raised $18.7M in funding from investors like Emerson Collective, Norwest and Ulu Ventures. The company has 81 active competitors, including 14 funded and 2 that have exited. Its top competitors include companies like Orai, Vocal Image and Mpathic Technologies.

Company Details

Provider of an immersive learning platform for enterprises. It is an AR/VR based learning and development company managing workplace equity and inclusion learning through evidence-based JEDI curriculum. It allows users to learn and develop micro skills through real life time situations with modules such as mentorships, interviewing and performance management, developing team policies and norms, and more.

Website: praxislabs.co
Social
Email ID: *****@praxislabs.co

Key Metrics

Founded Year

2019

Location

Brooklyn, United States

Stage

Acquired

Total Funding

$18.7M in 3 rounds

Latest Funding Round

Series B, Jun 15, 2023, $*****

Investors

Emerson Collective & 10 more

Ranked

1^st among 81 active competitors

Employee Count

42 as on Jul 01, 2024

Similar Companies

Maxme & 59 more

Exit Details

Acquired by Torch Leadership Labs (Jul 10, 2025)

View Praxis Labs' full profile

Praxis Labs got acquired by Torch Leadership Labs on Jul 10, 2025.

Click here to take a look at Praxis Labs's acquisition in detail

Praxis Labs has raised a total funding of $18.7M over 3 rounds. Its first funding round was on Feb 22, 2021. Its latest funding round was a Series B round on Jun 15, 2023 for $*****. 1 investor participated in its latest round. Praxis Labs has 11 institutional investors.

Here is the list of recent funding rounds of Praxis Labs:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 15, 2023	8711916	Series B	8766575	9978132	3421221	6347161
Oct 16, 2021	3601217	Series A	8654797	1708946	4928528	Ulu Ventures & 5 more
Feb 22, 2021	6358028	Seed	5939166	1632663	Open Opportunity Fund & 5 more	4341068

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View details of Praxis Labs's funding rounds and investors

The founders of Praxis Labs are Elise Smith and Heather Shen. Elise Smith is the CEO of Praxis Labs.

Here are the details of Praxis Labs' key team members:

Elise Smith: Co-Founder & CEO of Praxis Labs.
Contact Info: 1 email address
Heather Shen: Co-Founder of Praxis Labs.
Contact Info: 1 email address

View details of Praxis Labs's Founder profiles and Board Members

Praxis Labs' employee count trend

Praxis Labs has 42 employees as of Jul 24. Here is Praxis Labs's employee count trend over the years:

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Top competitors of Praxis Labs include Orai, Vocal Image and Mpathic Technologies. Here is the list of Top 10 competitors of Praxis Labs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Praxis Labs 2019, Brooklyn (United States), Acquired	Provider of an immersive learning platform for enterprises	$18.7M	Emerson Collective, Ulu Ventures & 9 others	64/100
2nd	Orai 2016, Philadelphia (United States), Seed	AI-based personal speech coach	$4.86M	Comcast Ventures, Newark Venture Partners ... & 5 others	60/100
3rd	Vocal Image 2021, Tallinn (Estonia), Seed	AI-based platform offering solutions for vocal training	$3.85M	Educapital, Dirigo & 11 others	48/100
4th	Mpathic Technologies 2021, Bellevue (United States), Series A	Cloud based learning management solution provider	$12.4M	Next Frontier Capital, Ideaship & 8 others	47/100
5th	Maxme 2019, Melbourne (Australia), Seed	LMS platform offering soft skills developing solutions for employees	$400K	LaunchVic, business.gov.au	42/100
6th	Fullbridge 2010, Boston (United States), Series C	Online and in-person professional training programs	$37.1M	SuRo Capital, Tomorrow Ventures	41/100
7th	PerformanSe 1988, Nantes (France), Unfunded	Platform offering soft skill assessment tools and solutions	-	-	39/100
8th	Vani 2018, Pune (India), Seed	Provider of AI-powered communication skills coaching	$90K	Workplace Accelerator Cht2 & 3 others	37/100
9th	VirtualSpeech 2015, Leamington Spa (United Kingdom), Seed	Provider of AI-powered virtual reality and online soft skills training	-	Boost VC, Draper Startup House	37/100
10th	PitchVantage 2013, Tucson (United States), Seed	Presentation training simulator providing instant, personalized feedback for better public speaking	$1.21M	-	36/100