4 SaaS Startups in the Virtual Reality Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the Virtual Reality industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 4 VC funded SaaS startups in the Virtual Reality industry.

CUREosity

Through the creation of VR-based therapeutic tools and games, CUREosity hopes to transform conventional rehabilitation for those with neurological and mental impairments. To enhance the cognitive, sensory, and motor rehabilitation, CUREosity offers the CE-certified medical device CUREO, a treatment system. Patients are motivated to engage in high-frequency training and, as a result, experience rapid therapeutic results by being immersed in new worlds with various situations and gaming aspects. With CUREO, several patients can get therapy from only one therapist, allowing for the most effective use of clinic resources. On November 26, 2018, in Düsseldorf, Thomas Saur, Stefan Arand, and Marco Faulhammer established CUREosity.

Company details:
Founders:
Stefan Arand, Thomas Saur
Founded:
2018
Based in:
Düsseldorf, Nordrhein-Westfalen, Germany
Website:
CUREosity
Industries:
Health Care, Medical, Medical Device, SaaS, Software, Therapeutics, Virtual Reality
Latest funding:
$3,500,000
Seed
26 October 2021
Total funding:
$4,728,507
Investors
TechVision Fonds, Rhein Invest

GMetri

Businesses may develop, monitor, and implement solutions for virtual, mixed, and augmented reality using the XR platform GMetri. Enterprises may devise, deploy, and develop immersive solutions using the platform's authoring, deployment, and analytics capabilities. Based on previous data gathered and evaluated, its solutions assist online retail companies in providing their consumers with a 360-degree picture of their customised retail shop containing their preferred products. In a very user-friendly and gamified environment, GMetri enables spatial identification while utilizing the power of AR and VR to increase retention, recall, and engagement. Additionally, it includes an analytics toolbox for gathering information by tracking the movements and behaviors of end users throughout the immersive experience. The platform offers the automotive, retail, and real estate industries XR unique XR solutions and XR content production services. In order to enable businesses to design and implement spatial interactive learning, retail, and immersive solutions, GMetri has created an eponymous no-code cloud-based XR authoring tool. The platform also includes a publishing tools that enables content to run across all devices and an analytics toolbox that can be used to gather detailed information by watching how end users interact with the immersive environment.

Company details:
Founders:
Sahil Ahuja, Utsav Mathur
Founded:
2019
Based in:
Lewes, Delaware, United States
Website:
GMetri
Industries:
Augmented Reality, Information Technology, SaaS, Software, Virtual Reality
Latest funding:
$600,000
Seed
2 December 2021
Total funding:
$600,000
Investors
IvyCap Ventures, HNI's, D.E.Holding

Niio

The largest digital art distribution network in the world is called Niio: (Mall Powered by SAAS) A purpose-built network or platform that connects everyone involved in preserving, promoting, and profiting from digital art The largest community of eminent worldwide artists, curators, and galleries - The largest inventory of premium video and media art available on demand - A high-end, lifestyle and art company that pioneered the genre a comprehensive technological framework supporting the entire lifecycle of a digitally created work, from storage and self-publishing to rights-managed distribution and, finally, the playback of multi-format art on any type of display, is supported by a blockchain-enabled commerce engine and a stack of specialized software tools. In our opinion, the loud digital world of today is giving way to a new visual culture that may inspire and unite people. We built Niio to become the go-to platform for this media and the benchmark for interacting with people worldwide.

Company details:
Founders:
Oren Moshe, Rob Anders
Founded:
2014
Based in:
Tel Aviv-yafo, Tel Aviv, Israel
Website:
Niio
Industries:
Art, Content Delivery Network, Digital Entertainment, Digital Media, Digital Signage, Marketplace, Publishing, SaaS, Video, Virtual Reality
Latest funding:
$15,000,000
Series A
21 September 2021
Total funding:
$20,500,000
Investors
L Catterton, Entrée Capital, Ron Zuckerman, Taya Ventures, PICO Venture Partners

rooom

German-based worldwide startup rooom was established in 2018. The company's enterprise metaverse platform offers a way to design, administer, and market compelling 2D, 3D, AR, and VR experiences. Every desktop and mobile device may use it. Through their wide range of products, rooom's experience platform is intended to meet the marketing and visualization requirements of many sectors. EventCloud (designed for virtual events, exhibits, conferences, and meetings), SpaceCloud (real estate, property, and museums), ProductCloud (3D products, product showrooms), and ImmerseCloud are some of them (tours, guides, 3D books). Up to 200,000 users may regularly be accommodated by rooom's eventCloud for hybrid events like IFA in Berlin and for international clients like Porsche, Deutsche Telekom, DHL, and E.ON. Over 20 accolades have been given to rooom, including the German Innovation Award, the Innovation & Excellence Award, and the Global Eventex Award (twice).

Company details:
Founders:
Hans Elstner
Founded:
2016
Based in:
Jena, Thuringen, Germany
Website:
rooom
Industries:
3D Technology, Augmented Reality, SaaS, Software, Virtual Reality
Latest funding:
$7,000,000
Seed
10 July 2021
Total funding:
$7,000,000
Investors
bm-t beteiligungsmanagement thuringen

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