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.
- Website
- www.vrex.no/
- Email ID
- *****@vixel.no
- Phone Number
- +47 **********
Key Metrics
Founded Year
2018
Location
Gjovik, Norway
Stage
Seed
Latest Funding Round
Investors
Ranked
190th among 1203 active competitors
Employee Count
25 as on Aug 31, 2026
Legal entities associated with Vrex
Vrex is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Vixel AS CIN: 914457726 , Norway, Active | Aug 09, 2014 | - | - |
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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 |
View details of Vrex's funding rounds and investors
Vrex's founders and board of directors
Founder? Claim ProfileVrex's employee count trend
Vrex has 25 employees as of Aug 26. Here is Vrex's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Zoom 2011, San Jose (United States), Public | Cloud-based video conferencing software | $157M | 81/100 | |
2nd | Panopto 2007, Seattle (United States), Series B | Cloud-based video conferencing management software provider | $48.5M | 73/100 | |
3rd | Goldcast 2020, Cambridge (United States), Acquired | Cloud based platform offering virtual event management solutions | $42M | 71/100 | |
4th | Lifesize 2003, Austin (United States), Acquired | Cloud-based video conferencing software provider | $98M | 64/100 | |
5th | Provider of cloud-based interior design software platform | $9.66M | 63/100 | ||
6th | Vidyo 2005, Hackensack (United States), Acquired | Software for video conferencing solutions | $193M | 63/100 | |
7th | Giraffe360 2016, London (United Kingdom), Series B | Developer of a SaaS-driven virtual tour software for real estate professionals | $32.3M | 62/100 | |
8th | Bevy 2017, Palo Alto (United States), Series C | Virtual and in-person community events software platform | $61.4M | 60/100 | |
9th | Gather 2020, San Francisco (United States), Series B | Cloud-based video conferencing solution provider | $77M | 59/100 | |
10th | BlueJeans Network 2009, San Jose (United States), Acquired | Cloud-based software for video conferencing | $170M | 59/100 | |
190th | 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
Here is the latest report on Vrex's sector:
News related to Vrex
•
Bricsys Teams Up with VREX to Accelerate Virtual Reality WorkflowPR Newswire•Jul 12, 2022•Bricsys - BricsCAD, Vrex
•
HP and VREX Announce Bold Partnership, to accelerate BIM Collaboration in Virtual RealityCsengineermag•Jan 20, 2022•Vrex, HP
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