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Sandbox VR

Sandbox VR

Location-based virtual reality entertainment provider

About

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.

Company Stage

Series B

Employees

201-500

Industries

VR & AR, Entertainment

Total Funding

$123M

Headquarters

N/A

Founded

2016


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Simplify's Take

What believers are saying

  • Sandbox VR's expansion into new markets like the Middle East and Florida indicates strong growth potential.
  • The launch of a U.S. franchise program opens up new business opportunities and revenue streams.
  • Collaborations with high-profile brands like Netflix for exclusive content can attract a broader audience and enhance brand prestige.

What critics are saying

  • The high costs associated with maintaining premium location-based VR experiences could impact profitability.
  • Rapid expansion and franchising may lead to operational challenges and quality control issues.

What makes Sandbox VR unique

  • Sandbox VR focuses on premium location-based virtual reality experiences, setting it apart from home-based VR solutions.
  • The company's strategic partnerships, such as with Apparel Group and Netflix, enhance its global reach and content offerings.
  • Recognition by Fast Company as one of the World's Most Innovative Companies of 2024 underscores its leadership in the VR space.

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Growth & Insights
Headcount

6 month growth

6%

1 year growth

17%

2 year growth

104%

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