# Virtuix

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/virtuix

- Industry: Software
- Headquarters: Austin, US
- Website: www.virtuix.com
- Total disclosed funding: $3M
- Latest round: Seed (Apr 24, 2014)
- Investors on record: 6

## About

Virtuix Inc. is a technology company that designs and manufactures virtual reality systems, enhancing immersive gaming experiences through innovative products.Founded in 2013 in Austin, US, Virtuix Inc. specializes in virtual reality technology. The company has completed a total of 7 deals, with its latest funding round, Series A, on May 26, 2021, raising USD 19.00 mn from SeedInvest. The CEO and founder, Jan Goetgeluk, has a background in technology and entrepreneurship, having previously led initiatives in related fields.Virtuix specializes in providing innovative virtual reality (VR) systems designed for immersive gaming and social experiences. Their flagship product, the Omni One, is a complete VR system that includes motion tracking and allows users to walk, run, and interact in virtual environments, significantly enhancing the gaming experience. The Omni Arena is another major offering tailored for both players and businesses, providing a competitive VR gaming platform that can be deployed in entertainment venues. These products cater to a diverse client base, including individual gamers and commercial enterprises, such as arcades and entertainment centers, primarily focusing on markets in North America, Europe, and Asia-Pacific. By addressing the need for physical activity in gaming and creating an engaging social atmosphere, Virtuix aims to revolutionize how users interact with VR technology.Virtuix generates revenue through direct sales of its VR systems, including the Omni One and Omni Arena, targeting both individual consumers and business clients. The company employs a business-to-business (B2B) model for its commercial products, offering partnerships with entertainment venues that wish to incorporate VR experiences into their offerings. Pricing structures are designed to accommodate various customer segments, with specific plans that include one-time purchases for individual users or subscription models for businesses seeking ongoing access to software updates and support. Through strategic partnerships with commercial clients, Virtuix captures a growing market in the VR industry, enhancing revenue streams through both direct sales and collaborative ventures.In May 2022, Virtuix Inc. raised USD 19.00 mn in Series A funding from returning investor SeedInvest. The company plans to utilize this funding to launch its omnidirectional treadmill, the Omni One. Additionally, Virtuix is exploring expansion into new geographic regions, specifically targeting increased market presence in North America, Europe, and Asia-Pacific by the end of 2023.

## Funding rounds

- Seed, Apr 24, 2014, $3M — Maveron, Scout Ventures, Radical Investments, Tekton Ventures, StartCaps Ventures, Scentan Ventures

## Investors

- Maveron (https://capitalatlas.ai/funds/maveron) — Seed
- Scout Ventures (https://capitalatlas.ai/funds/scout-ventures) — Seed
- Radical Investments — Seed
- Tekton Ventures (https://capitalatlas.ai/funds/tekton-ventures) — Seed
- StartCaps Ventures (https://capitalatlas.ai/funds/startcaps-ventures) — Seed
- Scentan Ventures (https://capitalatlas.ai/funds/scentan-ventures) — Seed