Health & WellnessTech
VirZOOM
The future of fitness, on Oculus Quest.
Cambridge,
MA
Investment type:
Equity
(SAFE)
Target raise:
$100,000
- $535,000
Minimum investment:
$100
$100
End date:
May 01, 2022
May 01, 2022
ended
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Highlights
- The Oculus Store team has invited us to expand their VRfitness offering for their Oculus users.
- Dev team behind success of Guitar Hero ($1B rev), Rock Band ($2B rev), and Dance Central ($50M rev).
- Upcoming Oculus Store version of VZFit offers full-body VR experience with no third-party hardware.
Our Story
Consumers waste billions on health clubs and equipment they dont use. Peloton solves this with exciting and convenient live spin classes brought into the home but use 10-year-old tech, tablet computers; you watch the action through a window. VR puts you in the action. We've created the next generation of VR-based in-home fitness. We engage you in activities in virtual worlds that are so much fun that you dont feel like youre exercising. Our customers call it the "Workout without the Work".
Our Ambition
Within 3 years Apple and Google will ship next gen XR Mobile products. VR glasses that look like glasses will be tethered to new smartphones. Image display and other functions will happen in the glasses separate from the image processing on the smartphone. We estimate 75M units in use by 2024 vs today's installed base of around 6M consumer VR units. We'll continue to extend our technology, trade secret, product, and brand leadership to ride that tide with key competitive advantages secured.