AI leadership development platform Praxis Labs sells to Torch

INSUBCONTINENT EXCLUSIVE:
Praxis Labs, a learning development platform, announced its acquisition on Thursday for an undisclosed amount by the leadership and coaching
NewsRoom about the reason for the sale
She and her co-founder, Heather Shen, met Torch CEO Heather Conklin as they were both already working in the leadership development
with companies such as eBay, Zoom, Amazon, Google, and Target to build out more equitable and inclusive workplaces through leadership
training and skill assessments
It notably secured a $15 million Series A back in 2021, making Smith one of the few Black women at the time to raise more than $1 million in
venture capital funding
Shen will join Torch as head of AI growth and head of AI product, respectively