STREET SMARTS VR INC
XR-based training simulation platform for defense and public safety personnel
- Sector
- Software
- Headquarters
- New York, NY
- Founded
- 2017
- Latest Form D
- $10M, Apr 2023
- Total capital
- $24.1M
- Federal grants
- $8.1M
- 13 awards · 2019–2025
- Rank in peer group#4 of 16
- Private capital raised
- $16M
- 3 Form D · last Apr 2023
- 42 months since last filing
- Federal contracts
- None on recordNo federal contract awards found.
- Granted patents
- 3
- 5 pending · first 2025
- Rank in peer group#4 of 16
Capital timeline
Latest events
- Federal grantDefense · Phase II · Artificial Intelligence-driven Adaptive Mixed Reality Training For Enhanced Tactical Readiness$1.1M
- Federal grantDefense · Phase I · Topic No. FX245-PCSO1, SBIR Phase 1 Proposal FX245-PCS01-1447 - Human Performance Factors In Defender Virtual Reality Training$71K
- Federal grantDefense · Phase I · Adapting Commercial Virtual Reality-based Training To Support Afsoc Mission Sustainment Team Protection And Security Training Objectives$110K
- Federal grantDefense · Phase I · Adapting Commercial Virtual Reality-based Training To Support Air Force Special Operations Command Cultural Competency & Linguistic Proficiency Objectives In Deployed Contexts$75K
- Private capital raisedForm D · SEC · 3rd filing$10M
- Federal grantDefense · Phase II · Adapting Commercial VR-Based Training Through Scenario Customization and Less Than Lethal Practice Ranges for Training Gaps in Domestic Ops and Defense Support of Civil Authorities$1.1M
- Private capital raisedForm D · SEC · 2nd filing$4.3M
- Private capital raisedForm D · SEC · 1st filing$1.7M
Show 8 earlier federal awards
- Federal grantDefense · Phase II · Modernizing Security Forces Unit Training Accessibility, Delivery and Efficacy$1.2M
- Federal grantDefense · Phase II · Expansion of Street Smarts VR Training Platform to Accommodate Emerging Security Force’s Requirements$1.7M
- Federal grantDefense · Phase II · Increasing Security Forces' Training Realism and Relevance with Expanded Instructor Software Tools$748K
- Federal grantDefense · Phase II · Adapting Security Forces VR Training to AFGSC-Specific Content and Multi-User$1M
- Federal grantDefense · Phase I · Validating Demand for VR Solution to Lack of Underway ATFP Training Simulator Onboard US Navy Ships$48K
- Federal grantDefense · Phase I · Open Call for Innovative Defense-Related Dual-Purpose Technologies/Solutions with a Clear Air Force Stakeholder Need$49K
- Federal grantDefense · Phase II · Innovative Training Solutions (e.g. AR, VR, MR)$746K
- Federal grantDefense · Phase I · Open Call for Robotics, 3D Printing, Autonomous Systems, and Other Immersive Training Solutions with Defense-Related Dual-Purpose Technologies/Solutions with a Clear Air Force Stakeholder Need$48K
Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.
Federal first
10months
from STREET SMARTS VR INC’s first federal award to its first private round.
- First federal award · Mar 2019
- Defense · $48K
- First Form D · Dec 2019
- $1.7M · 1st Form D
- Awards before first raise
- 3 awards
An association in public records, not a cause or a prediction.
Standing among 16 peers
Line = medianSoftware · Platform
- Federal grants#4 · top 25%
- Granted patents#4 · top 25%
Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.
Founders and team
Researcher links verified by same-company patents and grants- Alice FormwaltResearcherExecutive Officer, DirectorLinked by $2.6M in grants as PI
- Bridget MartinExecutive OfficerNamed in SEC Form D filings
- Domenico PellegriniExecutive OfficerNamed in SEC Form D filings
- George HamiltonDirectorNamed in SEC Form D filings
- Jeff JarrardExecutive OfficerNamed in SEC Form D filings
- Michael SmerkloDirectorNamed in SEC Form D filings
Show all 8 people
- Nicholas MolloyExecutive OfficerNamed in SEC Form D filings
- Oliver NotewareExecutive Officer, DirectorNamed in SEC Form D filings
What it has protected
USPTO · 3 granted of 8- PendingRecoil Shot Detection In An Extended Reality SystemUSPTOApplication 19404842
- GrantedRecoil Shot Detection In An Extended Reality SystemUSPTOUS 12,510,319
- GrantedVirtual Reality Baton Training DeviceUSPTOUS 12,292,254
Show all 8 patent records
- Recoil Shot Detection In An Extended Reality SystemMay 28, 2026 · Application 19404842Pending
- Recoil Shot Detection In An Extended Reality SystemDec 30, 2025 · US 12,510,319Granted
- Virtual Reality Baton Training DeviceMay 6, 2025 · US 12,292,254Granted
- Magnetic Tracking In An Extended Reality Training SystemFeb 4, 2025 · US 12,217,628Granted
- Universal Tracking Of Physical Objects In An Extended Reality EnvironmentJan 30, 2025 · Application 18786307Pending
- Magnetic Tracking In An Extended Reality Training SystemApplication PCTUS2023082390Pending
- Universal TrackingApplication 63529338Pending
- Virtual Reality Baton Training DeviceApplication PCTUS2023062401Pending
Related companies, and why
- Automation Anywhere, Inc.Similar federal contract value in Software · $4K in contracts
- VS MERLOT LLCSimilar federal contract value in Software · $1K in contracts
- Essential Holdings, Inc.Similar federal contract value in Software · null in contracts
- TwinKnowledge IncSimilar federal contract value in Software · null in contracts
- Harvest Power, Inc.Similar federal contract value in Software · null in contracts
- Roboflow, Inc.Similar federal contract value in Software · null in contracts
Sources
Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.
How to read this page
Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.
Data freshness
SEC Form D filings through . SBIR and STTR awards through .