Cambridge, Massachusetts based creative XR tech company raising $1M to complete development and fund marketing of next generation IP protected XR application. App will add 4th revenue stream and is expected to bring the company to profitability, followed by new products in 2026 designed to scale the company in parallel with rapid XR industry growth as new Android XR platforms reach the market. Reasons to invest:
1) One of the most experienced and capable development teams in the XR industry with 175 combined years of game design and 50 years of VR development, including best-selling products before VirZOOM like Guitar Hero ($1B rev), Rock Band ($2B rev), and Dance Central ($50M rev).
2) Patented motion tech makes a crucial difference to customer experience enabling novel product designs that no competitor has been able to replicate.
3) The company has generated over $3.5M in lifetime revenue. The flagship VZfit product has thousands of subscribers since 2021. Google Earth VC_based app FLY since store release August 2023 has received a 4.5 out of 5-star rating, 560 5-star ratings, and nearly doubled 2024 total revenue over 2023. Both of products combined produced 1,070,000 Lifetime Installs and 742,000 Lifetime Active Users to date.
4) The company is now developing a second Google Earth in VR flight based game code named Project Raven and is raising $1M to fund completion and marketing via a RegD offering. Raven is expected to perform at least as well as FLY and likely better, due to a significantly larger consumer audience for games over apps.
5) Following VZfit, FLY and Raven products, the company is poised for substantial expansion, with plans to develop many products starting in 2026 that utilize new innovative controls to create games that only VirZOOM can create that employ free movement with physical and social activity. These new products build on the success of related designs that produced products that have generated over $100M in revenue each and are differentiated by patented motion technology.
6) Close commercial and technical engagements with major players, including Meta, Apple, and Google.
7) A growing XR industry with major new platform entrants arriving this year to expand VirZOOM’s market opportunity beyond Meta, most notably Android XR platforms starting with Samsung's upcoming Project Muhan XR platform slated for release in 2025. IDC in March 2024 forecast XR unit growth to increase from 10 million annually in 2024 to 35 million in 2028.
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