Overview

Sandbox VR provides location-based virtual reality entertainment experiences using advanced VR technology. Their offerings include immersive AAA experiences that are developed in-house, allowing users to engage in virtual worlds with high-quality graphics and interactive elements. The company operates over 45 retail and franchise locations worldwide, making it a prominent player in the VR entertainment industry. Unlike many competitors, Sandbox VR collaborates with major brands, such as Netflix, to create unique experiences that attract a diverse audience. The goal of Sandbox VR is to expand its market presence and enhance the entertainment landscape by providing unforgettable virtual reality experiences.

Simplify's Take

What believers are saying

• Sandbox VR's expansion to 200 stores by 2027 indicates strong growth potential.
• The rise of 5G technology will enhance Sandbox VR's VR experiences by reducing latency.
• Collaborations with educational institutions could open new revenue streams for Sandbox VR.

What critics are saying

• Increased competition from emerging VR startups could impact Sandbox VR's market share.
• Rapid technological advancements may require costly upgrades for Sandbox VR to stay competitive.
• Economic downturns could reduce consumer spending on premium VR entertainment experiences.

What makes Sandbox VR unique

• Sandbox VR offers a premium, fully-immersive VR experience with real-time motion capture.
• The company collaborates with major brands like Netflix for exclusive VR content.
• Sandbox VR has over 45 global locations, establishing a strong international presence.

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Funding

Total Funding

$119M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:

Andreessen HorowitzCraft Ventures

Notable Investors:

Andreessen HorowitzCraft Ventures

$37,000,000

Series B

Nov 2021

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Meet Average

Industry standards

Ind Avg. $35M

$4M

$30M

$37M

$45M

$65M

$100M

View all funding stages