Failed to run Vagrant up on MAC

I've installed VirtualBox and Vagrant on my local machine(MAC). When I run my the command Vagrant up command and it threw me this error below. There was an error while executing VBoxManage, a CLI used by Vagrant for controlling VirtualBox. The command and stderr is shown below.

Command: ["startvm", "af3b4b7e-c8c2-4f2f-a4cb-be1072400fac", "--type", "headless"]

Stderr: VBoxManage: error: The virtual machine 'private_transaction_default_1572488313356_90729' has terminated unexpectedly during startup with exit code 1 (0x1)
VBoxManage: error: Details: code NS_ERROR_FAILURE (0x80004005), component MachineWrap, interface IMachine