Meta.vrs

Web-based platform for creating interactive 3D experiences

Toronto, Ontario, Canada

About Meta.vrs

MetaVRse operates in the Extended Reality (XR) market, focusing on Virtual Reality (VR) and Augmented Reality (AR) technologies. The company provides a platform that allows users to create and share interactive 3D experiences directly on the web, without requiring extensive programming skills. This accessibility enables a wider audience to build immersive environments. MetaVRse serves various clients, including consumer electronics brands, educational institutions, and corporate training departments, significantly improving training outcomes for employees. The platform is web-based, compatible with multiple operating systems and devices, which simplifies deployment for clients. Revenue is generated through subscription fees, custom development services, and consulting. MetaVRse aims to lower the barriers to creating XR experiences, making it easier for businesses to adopt these technologies for training, marketing, and other applications.

Toronto, CanadaHeadquarters
2016Year Founded
$194.5KTotal Funding
ANGELCompany Stage
VR & AR, Consumer Software, EducationIndustries
11-50Employees

Risks

Increased competition from tech giants like Meta and Apple in XR technologies.
Rapid technological advancements could render MetaVRse's platform offerings obsolete.
Economic downturns may reduce spending on XR technologies in client industries.

Differentiation

MetaVRse offers a code-optional platform for creating 3D experiences on the web.
The platform supports diverse clients, including consumer electronics, education, and corporate training.
MetaVRse's web-based tool eliminates the need for specialized apps or app stores.

Upsides

Growing XR market as industries value immersive 3D experiences.
MetaVRse improves training outcomes, raising test results from 60-70% to over 90%.
Expansion of 5G networks enhances XR experiences, benefiting MetaVRse's platform.

Funding

Total raised$194.5 K
Latest valuation$1.00 M
StageANGEL
ANGEL
4/30/2016
N/A
$1.00 M