Core Insights - Praxis Labs, a learning development platform, has been acquired by leadership and coaching company Torch, with the financial details undisclosed [1] - The acquisition aims to combine Torch's contextual coaching services and organizational insights with Praxis's AI coaching, practical training, and skills assessment, creating significant synergies [1][2] - Praxis Labs was founded in 2019 and has collaborated with major companies like eBay, Zoom, Amazon, Google, and Target to foster equitable and inclusive work environments through leadership training and skills assessment [1] Summary by Sections Acquisition Details - Praxis Labs has been acquired by Torch, a leadership and coaching enterprise, with the acquisition amount not disclosed [1] - Elise Smith, CEO of Praxis Labs, emphasized the need for strong product and market partnerships to reach more enterprises [1] Leadership and Team Integration - Elise Smith and Heather Shen will join Torch as AI Growth Officer and AI Product Officer, respectively, along with other members of the Praxis team [2] - The integration aims to address the challenge of preparing and managing the next generation of human-AI collaboration in the workforce [2] Company Background - Praxis Labs completed a $15 million Series A funding round in 2021, making Elise Smith one of the few Black women to secure over $1 million in venture capital [1]