Meta.vrs

Meta.vrs

Web-based platform for creating interactive 3D experiences

About Meta.vrs

Simplify's Rating
Why Meta.vrs is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

VR & AR

Consumer Software

Education

Company Size

11-50

Company Stage

N/A

Total Funding

$194.5K

Headquarters

Toronto, Canada

Founded

2016

Overview

MetaVRse operates in the Extended Reality (XR) market, focusing on Virtual Reality (VR) and Augmented Reality (AR) technologies. The company provides a platform that allows users to create and share interactive 3D experiences directly on the web, without requiring 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 barriers for creating XR experiences, aiming to enhance the adoption of immersive technologies across different sectors.

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Significant Headcount Growth
Simplify Jobs

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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Funding

Total Funding

$194.5k

Above

Industry Average

Funded Over

1 Rounds

Angel funding comparison data is currently unavailable. We're working to provide this information soon!
Angel Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 5%

2 year growth

↑ 5%
Metavrse
Aug 2nd, 2023
MetaVRse launches frontfundr campaign to deliver 3D Web Engine

MetaVRse launches frontfundr campaign to deliver 3D Web Engine.

Metavrse
Aug 2nd, 2023
MetaVRse announces Engine 2.0 developer beta

MetaVRse announces Engine 2.0 developer beta.

VentureBeat
May 11th, 2023
Starburst Opens Juicyverse Experience In Metaverse Mall

Starburst has launched its Juicyverse experience inside the metaverse mall known as TheMall, and it’s accessible via any device on the web.The Starburst Juicyverse enables people to visit the virtual mall and engage in virtual entertainment using the MetaVRse Engine 2.0, which lets people connect from any device over a web browser.Alan Smithson and Julie Smithson’s MetaVRse company has been working on TheMall for eight years, though the latest stretch of work on the mall’s core infrastructure has taken place over the past year. It’s been open for a week or so, with very little publicity.The first major brand partner is Mars-Wrigley, and it has launched the Starburst Juicyverse on the second floor of the mall. In an interview with GamesBeat, Alan Smithson said his company wants to build a 100-story mall with about a million square feet of space on each floor.What it’s like in the JuicyverseYou can listen to music in the Juicyverse.The Juicyverse features a virtual Starburst store where a QR code brings the guests into the virtual experience. I went into the experience with Alan Smithson. I logged in via my desktop computer and joined the experience in about 30 seconds. No download was necessary

Metavrse
Feb 22nd, 2023
How MetaVRse is Transforming Medical Device Training

Today MetaVRse is excited to share a new demo and case study highlighting its work in medical device training.

MPost
Feb 15th, 2023
UAE’s Majid Al Futtaim Launches World’s First Metaverse Shopping Mall in Decentraland | Metaverse Post

XR firm MetaVRse last year revealed its photorealistic 3D shopping center TheMall, which was set to launch by the end of 2022 but never did.

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