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Vrex - About the company

Vrex is a seed company based in Gjovik (Norway), founded in 2018. It operates as a Cloud-based platform for virtual collaboration. Vrex has raised an undisclosed amount in funding from Skagerak Maturo and Construct Venture. The company has 1203 active competitors, including 159 funded and 74 that have exited. Its top competitors include companies like Zoom, Panopto and Goldcast.

Company Details

VREX offers virtual reality tools for the AEC and EPC industry to review designs and optimize the same in real-time. The tool helps users to hold review meetings that allow clients and sub-contractors to collaborate for correcting errors and reviewing the progress of the project, in an immersive environment. It also allows users to create their own measurement lists before work begins for the same to be assigned to layers that let former review the work of the stakeholders individually or perform A/B testing. As of April 2019, the company offers the platform on a license model charging only the host whereas everyone else can join the VR-rooms for free.
Social
Facebook
Email ID
*****@vixel.no
Phone Number
+47 **********
Key Metrics
Founded Year
2018
Location
Gjovik, Norway
Stage
Seed
Latest Funding Round
Ranked
Employee Count
25 as on Aug 31, 2026
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Vrex's funding and investors

Vrex has raised funding over 1 round. Its latest funding round was a Seed round on Nov 05, 2019 for $*****. 2 investors participated in its latest round. Vrex has 3 institutional investors.

Here is the list of recent funding rounds of Vrex:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 05, 2019
6152105
Seed
2140443
5495845
2872071
2921829
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Vrex's founders and board of directors

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Vrex's employee count trend

Vrex has 25 employees as of Aug 26. Here is Vrex's employee count trend over the years:
Employee count trend for Vrex
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Vrex's Competitors and alternates

Top competitors of Vrex include Zoom, Panopto and Goldcast. Here is the list of Top 10 competitors of Vrex, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Zoom
Zoom
2011, San Jose (United States), Public
Cloud-based video conferencing software
$157M
81/100
2nd
Logo for Panopto
Panopto
2007, Seattle (United States), Series B
Cloud-based video conferencing management software provider
$48.5M
73/100
3rd
Logo for Goldcast
Goldcast
2020, Cambridge (United States), Acquired
Cloud based platform offering virtual event management solutions
$42M
71/100
4th
Logo for Lifesize
Lifesize
2003, Austin (United States), Acquired
Cloud-based video conferencing software provider
$98M
64/100
5th
Logo for Foyr
Foyr
2014, Hyderabad (India), Series A
Provider of cloud-based interior design software platform
$9.66M
63/100
6th
Logo for Vidyo
Vidyo
2005, Hackensack (United States), Acquired
Software for video conferencing solutions
$193M
63/100
7th
Logo for Giraffe360
Giraffe360
2016, London (United Kingdom), Series B
Developer of a SaaS-driven virtual tour software for real estate professionals
$32.3M
62/100
8th
Logo for Bevy
Bevy
2017, Palo Alto (United States), Series C
Virtual and in-person community events software platform
$61.4M
60/100
9th
Logo for Gather
Gather
2020, San Francisco (United States), Series B
Cloud-based video conferencing solution provider
$77M
59/100
10th
Logo for BlueJeans Network
BlueJeans Network
2009, San Jose (United States), Acquired
Cloud-based software for video conferencing
$170M
59/100
190th
Logo for Vrex
Vrex
2018, Gjovik (Norway), Seed
Cloud-based platform for virtual collaboration
-
33/100
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Vrex's Investments and acquisitions

Vrex has made no investments or acquisitions yet.

Reports related to Vrex

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News related to Vrex

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