7 years ago

VRtuoso Secures €573k to Expand Enterprise VR Training

  • VRtuoso, a London-based virtual reality presentation platform, has raised €573k in seed funding led by Symvan Capital, with participation from Compagnia Bresciana Investimenti

  • The startup plans to use the funding to bolster its research and development operations and expand geographically across Europe and into North America

  • VRtuoso's platform allows companies to create, deliver and adapt presentations with 360° and two-dimensional content, like video, PowerPoint slides, and text to transform the way they train and develop their employees

  • The company claims that VR produces 100% engagement and over 80% retention in training environments, and the market for VR training is expected to be worth $6.3 billion by 2022.

      • ProblemTechnology

      "Companies struggle with high training costs and low retention rates. Existing VR training solutions are expensive and require technical expertise, making them inaccessible to many businesses."

      Solution

      "VRtuoso offers a cost-effective, easy-to-use VR training platform that requires no internet connectivity. It allows companies to create, deliver, and adapt presentations with 360° and 2D content, like video, PowerPoint slides, and text, to improve employee training and development."

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