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VictoryXR

Extended Reality
Product stageSegments
Seed
?
AR/VR platforms
?

VictoryXR is a provider of VR educational platforms catered toward higher education institutes, K-12 learning providers, and homeschooled students. The company’s flagship platform, VXRLabs, provides custom-built simulations and lab experiences with multi-user support, accessible in VR. Types of simulations include healthcare and medical simulations (cadaver lab for skeletal assembly, organ analysis, and skeletal muscular activity; 360° VR field trips explaining medical concepts), and career and technical education training (medical assistants, carpentry, drone operation, agriculture, and others).

In July 2023, the company integrated 50 conversational AI avatars, pre-programmed with a variety of health problems and diseases and capable of communicating virtually. Furthermore, VictoryXR was working on implementing conversational avatars based on historical figures.

VictoryXR also offers VXRWeb, a web application that provides non VR/AR experiences, where users can interact with 3D content via a desktop. Simulations include animal dissections, human anatomy visualizations, and immersive field trips. Other platforms include VictoryXR Academy (accessible through the ENGAGE metaverse platform), the company’s multiplayer ‘metaversity’ campus for students and faculty to learn together using a library of 60+ virtual reality classrooms and 9,000+ 3D assets. Features include virtual classroom environments, pre-recorded live class sessions, and synchronous live class sessions taught by VXRA instructors.

The company generates revenue via subscriptions, which range at ~USD 10–580 per month.

Key customers and partnerships

As of December 2023, the company’s platforms were used by 100+ educational institutes. Key customers include Harvard University, Arizona State University, and California State University. 

Funding and financials

In November 2023, the company raised USD 2.5 million in a funding round led by Hartmann Metaverse Ventures I, with funding earmarked to advance its ‘metaversity’ platform.


Extended Reality

Extended Reality

Key stats
Featured companies
236
Total funding (USD)
13.5 Bn
Total addressable market (USD)
100.4 Bn
Key competitors
 
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Company profile
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EDGE Insights

XR and MEP (Q4 2023): XR GenAI adoption accelerates alongside funding rebound

Recent Updates

Funding
Nov 27, 2023
EdTech company VictoryXR raises USD 2.5 million in funding to scale platform
Extended Reality

Company Brief


HQ location:
5200 30th St SW Davenport IA USA
Founded year:
2016
Employees:
11-50
Total Funding:
USD 2.5 million
Last Funding
USD 2.5 million, Nov 2023

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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