# Virtual Mentor

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

- Industry: Education/Training
- Headquarters: Wilmington, US
- Website: www.allright.io
- Total disclosed funding: $5M
- Latest round: Series A (Nov 20, 2020)
- Investors on record: 4

## About

Virtual Mentor Inc. is a technology company focused on delivering software solutions that enhance operational efficiency and project management for businesses across various sectors.Founded in 2015 and based in Wilmington, US, Virtual Mentor Inc. specializes in creating software applications tailored for businesses. The company has engaged in 4 deals, with its most recent being a Series A round on November 20, 2020, raising USD 5.00 mn. This round was led by Flyer One Ventures, with participation from Flashpoint, TMT Investments, and Terra VC. The company does not have any known subsidiaries or parent companies, and the founder's history is not disclosed.Virtual Mentor Inc. offers a suite of software applications aimed at improving operational efficiency and project management. These applications serve various industries such as technology, healthcare, and finance, addressing workflow optimization and resource allocation challenges. The company's products are utilized by small to large corporations in markets including North America, Europe, and Asia, with a focus on user-friendly interfaces that facilitate integration into existing systems.The company's revenue model operates on a subscription basis, providing clients access to its software solutions through different pricing tiers. Clients typically enter annual agreements for the full suite of products, with tailored plans catering to their operational scale. Revenue is generated from both direct-to-consumer sales and B2B transactions, fostering long-term customer relationships through ongoing support and updates.In November 2020, Virtual Mentor Inc. raised USD 5.00 mn in Series A funding to support its growth initiatives. The company plans to launch new software products designed to meet emerging market demands and is targeting expansion into additional regions by 2022. The recent funding will be utilized to enhance product development, marketing efforts, and to support entry into these new geographical markets, ensuring that the company continues to meet the evolving needs of its clientele.

## Funding rounds

- Series A, Nov 20, 2020, $5M — TMT Investments, Flashpoint, Terra VC, Flyer One Ventures

## Investors

- TMT Investments (https://capitalatlas.ai/funds/tmt-investments) — Series A
- Flashpoint (https://capitalatlas.ai/funds/flashpoint) — Series A
- Terra VC — Series A
- Flyer One Ventures (https://capitalatlas.ai/funds/flyer-one-ventures) — Series A