VRstudios - About the company
VRstudios is an acquired company based in Redmond (United States), founded in 2011 by Dave Ruddell and Jamie Kelly. It operates as a VR gaming and client services. VRstudios has raised $17.8M in funding. The company has 130 active competitors, including 20 funded and 8 that have exited. Its top competitors include companies like Immersive Gamebox, Zero Latency and Cosm.
Company Details
VRstudios provides wireless, full-motion, multi-participant, immersive VR gaming experience systems for amusement parks. Products include VRCADE AMP (manages hardware & software update), VRCADE ATOM (provides licensed content, free-roaming game experience) & ARCADE ARENA (provides controller/tracking system).
- Website
- vrstudios.com
Key Metrics
Founded Year
2011
Location
Redmond, United States
Stage
Acquired
Total Funding
$17.8M in 6 rounds
Latest Funding Round
Investors
Ranked
5th among 130 active competitors
Employee Count
11 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by FOD Capital (Feb 16, 2023)
VRstudios's acquisition details
VRstudios got acquired by FOD Capital on Feb 16, 2023.
Click here to take a look at VRstudios's acquisition in detail
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VRstudios's funding and investors
VRstudios has raised a total funding of $17.8M over 6 rounds. Its first funding round was on Sep 02, 2015. VRstudios has 2 institutional investors.
Here is the list of recent funding rounds of VRstudios:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 29, 2019 | 6465172 | Series A | 1135604 | 5352629 | 1552589 | 3364699 |
Sep 12, 2018 | 1105481 | Series A | 3113367 | 1807846 | 3770669 | 5082480 |
Jun 13, 2018 | 1505765 | Series A | 3007460 | 3157427 | 3300389 | 7555323 |
View details of VRstudios's funding rounds and investors
VRstudios' founders and board of directors
Founder? Claim ProfileThe founders of VRstudios are Dave Ruddell and Jamie Kelly.
Here are the details of VRstudios' key team members:
- Dave Ruddell: Co-Founder of VRstudios and founder of 1 other company.
- Jamie Kelly: Co-Founder of VRstudios and founder of 1 other company.
View details of VRstudios's Founder profiles and Board Members
VRstudios' employee count trend
VRstudios has 11 employees as of Jul 24. Here is VRstudios's employee count trend over the years:
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VRstudios's Competitors and alternates
Top competitors of VRstudios include Immersive Gamebox, Zero Latency and Cosm. Here is the list of Top 10 competitors of VRstudios, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Immersive Gamebox 2018, London (United Kingdom), Series C | Develops SaaS-enabled virtual gaming solutions for theme parks | $90M | 65/100 | |
2nd | Zero Latency 2014, Melbourne (Australia), Acquired | Developer of casual games | $6.03M | 63/100 | |
3rd | Cosm 2020, Los Angeles (United States), Series B | Provider of AR and VR immersive experiences solutions | $350M | 61/100 | |
4th | Holovis 2002, Lutterworth (United Kingdom), Seed | End-to-end VR solution for theme-tech park operators | - | 48/100 | |
5th | VRstudios 2011, Redmond (United States), Acquired | VR gaming and client services | $17.8M | 43/100 | |
6th | AiSolve 2007, Luton (United Kingdom), Funding Raised | VR attractions for location-based venues and VR simulations for training and education | - | 42/100 | |
7th | VR-based solutions for the theme park and entertainment industry | $9.1M | 40/100 | ||
8th | Nomadic 2015, San Rafael (United States), Series A | Exploring VR's transformative impact on online betting and casino experiences | $6M | 39/100 | |
9th | VR-enabled in-flight entertainment solutions | $1.3M | 39/100 | ||
10th | Provider of virtual reality esports arena experiences | $5.11M | 39/100 |
Looking for more details on VRstudios's competitors? Click here to see the top ones
VRstudios's Investments and acquisitions
VRstudios has made no investments or acquisitions yet.
Reports related to VRstudios
Here is the latest report on VRstudios's sector:
News related to VRstudios
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VRstudios acquired by FOD Capital; shift in business model follows ownership changeinparkmagazine.com•Feb 16, 2023•VRstudios
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Location-Based VR Leaders SpringboardVR and VRstudios Join ForcesPRWeb•Dec 15, 2019•SpringboardVR, VRstudios
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Dave & Buster’s Expands Relationship with VRstudios; Adds Men in Black: Galactic Getaway & VRcade PowerPlayVRFocus•May 22, 2019•VRstudios, Dave & Buster’s
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VRstudios Announces the Immediate Availability of Men in Black™: Galactic GetawayGlobeNewswire•May 21, 2019•VRstudios
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Dave & Buster’s Debuts First Virtual Reality Free-Roaming Arena Experiences in Tampa, FloridaGlobeNewswire•May 21, 2019•Dave & Buster’s, VRstudios
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VRstudios Debuts Multiple New VRcade VR Systems and Attraction Titles at IAAPA 2018!GlobeNewswire•Nov 06, 2018•VRstudios
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Cineplex Takes Stake in VRstudios, Installs 40 VR ArcadesThe Hollywood Reporter•Sep 13, 2018•Cineplex, VRstudios
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VRstudios raises more cash to expand location-based virtual reality technology across the worldGeekWire•Jun 13, 2018•VRstudios
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