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VRJAM

A real-time, content solution for live virtual events.

United Kingdom
Market: Information and media, Culture, art, Education, training, Virtual and Augmented Reality, Mobile applications
Stage of the project: Operating business

Date of last change: 01.02.2021
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Idea

VRJAM creates next generation music content and virtual live events.

We work with world’s best music artists to redefine fan experience in digital space.

We build world class software solutions to power the creation of digital content on the world’s leading VOD platforms.

We’ve partnered with Twitch, the world’s leading live streaming platform to redefine the way that content creators reach fans online.

Current Status

Alpha application, generating revenue, product available as an bespoke enterprise solution to b2b clients.

Market

VRJAM is a b2b2c solution.

Our primary b2b market consists of platform owners, broadcasters and media owners who are in need of an immersive solution to produce real time virtual events that surpasses ordinary streaming video.

We are currently engaged in creating and publishing over 500 hours of premium music content via our partnership with Twuitch.tv

Our primary b2c market consist of anyone who wants to have a life like, social, computer animated experience of attending, or watching an event digitally.

Problem or Opportunity

Demand for premium digital music content is exploding due to the Covid 19 pandemic, but no one is servicing this massive market in a way that effectively fulfills the rapidly changing needs of broadcasters, media owners and fans.

Solution (product or service)

VRJAM has partnered with Twitch.tv to create a virtual reality platform within which new possibilities for content creation, virtual live events and streaming video are made possible.

This solution is built using VRJAM’s proprietary technology and will create exciting new opportunities for premium content creators and publishers to monetise content.


Competitors

The Wave XR
Red Pill VR / Sensorium
Facebook Horizons

Advantages or differentiators

Our core tech has been to target mobile device users and the high performance capability of our application on mobile devices is its principle USP

Finance

All funding to date has been boot strapped.

Since the outbreak of Covid19 we have $100k committed from Plug & Play Ventures.

Please refer to our desk for a summary of our business model

Business model

b2b2c

Money will be spent on

Software / product development
Expansion of sales and technical team
Marketing

Offer for investor

$3,400,000 for 30% equity

Team or Management

Risks

Our key clients are large multi national firms in the form of streaming platform, telcos and broadcasters. Securing high value commitments from these clients can be slow, uncertain and costly.

Incubation/Acceleration programs accomplishment

Google campus accelerator - VRAJM is a Google Campus member

Won the competition and other awards

Member, Google Campus London - https://www.campus.co/london/
Winner, Createch Top 50 - https://www.gov.uk/government/news/uks-creative-industries-set-to-grasp-export-opportunities-as-top-50-createch-ones-to-watch-list-published
Winner, Vodafone 5G Dig 100 - https://gigalife.vodafone.com/wp-content/uploads/2019/10/5G-DIG-Top-100-Finished-.pdf
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video