VRdirect enables enterprises to get started with Virtual Reality projects: + No coding skills required + Instant publishing to any device + Real-time content updates. Supports VR uses cases ranging from Marketing & Sales, Indoor Digitization to Training & Onboarding. Siemens, Porsche, Lufthansa and many other use the platform on a daily basis.
VRdirect is operational since 2 years now. We have acquired >2,5m EUR in investment from Business Angels (Flixbus-Founder, Dr. Marcus Englert, Peter Schaberger, Burc Hesse any others) as well as Bayerische Beteiligungsgesellschaft (Bay BG). We have succesfully launched the platform and generated 350k EUR in the first year. We have managed to convince clients like Siemens, Lufthansa, Porsche, E.ON and many more to use our platform.
The market of Enterprise VR solutions is huge. Depending on Research institute, its a 3bn USD to 150bn USD market.
Problem or Opportunity
In the past, enterprises needed agencies or other 3rd party service provider to help them deliver Virtual Reality projects. This was costly and complex. With VRdirect, enterprises can build internal expertise to deliver VR projects.
Solution (product or service)
VRdirect offers and end-to-end solution for enterprises to get started with Virtual Reality. The workflow allows for easy content creation (authoring), upload and cloud hosting as well as flexible distribution via Web Player or Native (Whitelabel) App.
Our USP is superior tech combined with the best user experience. We are not aware of any competitor with a similar well proposition. Competiors, who attempt to offer a similar solution are InstaVR, Pixvana and mobfish.
Advantages or differentiators
- Best offer for enterprise clients / Use Cases
- Cloud based hosting allows for real time publishing to almost any device
- Easy to use workflow that requires no prior skills
We generated EUR 350k in revenue in the first year and are looking to pass 1m EUR in Revenue in 2020.
We operate an IT licence model, which is sold in a key account / direct sales approach as well as a fully automated SaaS sales model via the website.
Money will be spent on
- Building a global sales team
- Product development
- Traffic and content marketing
Offer for investor
VRdirect offers a great investment opportunity for investors, who believe that the Enterprise Virtual Reality market is ready to scale. VRdirect is clearly the best technology in this space and ready for global roll-out.