Meta.vrs

Meta.vrs

Web-based platform for creating interactive 3D experiences

About

MetaVRse operates in the Extended Reality (XR) market, focusing on Virtual Reality (VR) and Augmented Reality (AR). The company provides a platform that allows users to create and share interactive 3D experiences on the web without needing 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. By offering a no-code or low-code solution, MetaVRse lowers the barrier for creating XR experiences, aiming to enhance the adoption of immersive technologies across different sectors.

Company Stage

N/A

Employees

11-50

Industries

VR & AR, Consumer Software, Education

Total Funding

$194.5K

Headquarters

Toronto, Canada

Founded

2016


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Simplify's Take

What believers are saying

  • 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.

What critics are saying

  • 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.

What makes Meta.vrs unique

  • 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.

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Growth & Insights
Headcount

6 month growth

-5%

1 year growth

5%

2 year growth

0%

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