# Merge Virtual Reality

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/merge-virtual-reality

- Industry: Hardware
- Headquarters: San Antonio, US
- Website: www.mergevr.com
- Total disclosed funding: $0.5M
- Latest round: Angel (Aug 1, 2014)
- Investors on record: 1

## About

Merge Virtual Reality develops innovative augmented reality solutions that enhance educational experiences, focusing on interactive learning tools for students and educators across various environments.Founded in 2014 in San Antonio, US, Merge Virtual Reality specializes in augmented reality products aimed at transforming educational engagement. The company was co-founded by Andrew Trickett, Franklin L, Franklin Lyons, and Nadia Qasmieh. It has completed four funding deals, with the latest on May 26, 2016, raising USD 10.11 mn.Merge EDU specializes in hands-on augmented reality products designed for educational settings, primarily targeting the Science, Technology, Engineering, and Mathematics (STEM) curriculum. The company's flagship offering, the Merge Cube, is a physical interactive tool that allows students to visualize complex concepts in three-dimensional space. This product fosters engagement and collaboration, catering to K-12 educational institutions, online schools, and various educational organizations across North America, Europe, and Asia.Merge EDU's revenue model is based on direct sales of its products, particularly the Merge Cube, sold to educational institutions and teachers. Clients engage in one-time purchases or educational partnerships that may include subscription services for additional resources. The pricing structure accommodates varying educational budgets, facilitating access for both large school districts and individual educators, and emphasizes a close relationship with clients to tailor educational content effectively.Following the recent funding round on May 26, 2016, where Merge Labs raised USD 10.11 mn, the company aims to expand its product line with innovative tools designed to enhance immersive learning experiences. Plans include expanding into new markets across Asia and Europe by 2025, leveraging the raised funds to support the development of new educational products and market outreach initiatives.

## Funding rounds

- Angel, Aug 1, 2014, $0.5M — Riverwalk Capital Partners

## Investors

- Riverwalk Capital Partners (https://capitalatlas.ai/funds/riverwalk-capital-partners) — Angel