
Kai XR
The most inclusive & accessible VR platform where kids can explore, dream, & create.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
* | $100k Valuation: $8.0m | Seed | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Kai XR is an educational technology company that provides an immersive learning platform combining virtual reality (VR), augmented reality (AR), and artificial intelligence for elementary and middle school students. Founded in 2018 by Kai Frazier, a former teacher with over two decades of experience in education, the company aims to address the digital divide and opportunity gaps in under-resourced communities. Frazier's journey was deeply influenced by her personal experiences with homelessness as a teen and her professional observations of resource limitations in schools, which often prevent students from taking educational field trips. This led her to create a solution that makes learning experiential and accessible, regardless of a student's location or socioeconomic status.
The company's core offering is a subscription-based platform that operates on any device, including tablets, computers, and VR headsets, and functions even on low-bandwidth networks to ensure accessibility. The business serves educators in K-8 schools, afterschool programs, and even juvenile detention centers, with a focus on STEM/STEAM-oriented, project-based lessons. These lessons, called "Adventures," include virtual field trips to places like historical sites or outer space, interactive 3D maker spaces where students can build their own virtual worlds, and assessments. The content is designed to be culturally relevant and connects classroom concepts to real-world career pathways, aiming to improve student engagement and develop critical 21st-century skills.
Frazier, who had no initial background in technology, sold her personal assets and relocated to learn about the tech industry to build the company. Her commitment has attracted significant support, including a $1.6 million seed funding round in March 2023 led by Kapor Capital and the American Family Insurance Institute for Corporate and Social Impact. Kai XR has demonstrated substantial growth, reporting a 500% increase in sales in 2022. The platform is utilized in over 40 states and has established enterprise partnerships with companies like Meta, T-Mobile, and Cox Communications to enhance its technological capabilities. The company's mission is to prepare students for the future by providing hands-on experience with in-demand technologies.
Keywords: educational technology, immersive learning, virtual reality education, augmented reality learning, K-8 education, digital divide, virtual field trips, STEM education, 3D makerspace, project-based learning, accessible education, edtech platform, student engagement, career readiness, Kai Frazier, classroom technology, interactive learning, metaverse education, digital curriculum, learning adventures