# VRAI

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

- Industry: Software
- Headquarters: Dublin, Ireland
- Website: www.vraisimulation.com
- Total disclosed funding: $5.2M
- Latest round: Series A (Feb 27, 2025)
- Investors on record: 3

## About

Based in Ireland, VRAI specializes in advanced virtual reality training solutions aimed at enhancing operational performance across sectors such as defense, security, and renewable energy.Founded in 2017 and headquartered in Dublin, Ireland, VRAI Simulation focuses on developing innovative virtual reality training systems. The founder, Niall C., has a background in technology entrepreneurship. VRAI has successfully secured funding through 4 deals, with the most recent funding being a Series A round, raising EUR 5.000 mn led by Beringea Private Equity, which also included support from Enterprise Ireland and Northstar Ventures.VRAI Simulation provides a range of advanced virtual reality training solutions, including the HEAT (Harnessing Educational and Training) system for actionable insights, the Winching Simulator for crew training, the ReACT platform for defense training, and the Revolution system for immersive VR training in the wind sector. Their offerings aim to improve user proficiency and safety in environments such as military defense, maritime operations, and renewable energy, primarily serving clients in the United Kingdom, Ireland, and the USA.Operating on a business-to-business model, VRAI Simulation sells its products directly to organizations in the defense and energy sectors. Their revenue model includes individual sales of training platforms and focuses on establishing long-term partnerships, which may involve ongoing subscriptions or licensing agreements for software updates and support services. The company has established collaborations with military and industrial clients to provide tailored training solutions that address specific operational needs, with pricing details kept confidential but encompassing initial purchase costs and potential recurring fees.Following the EUR 5.000 mn Series A funding raised in February 2025, VRAI plans to enhance its workforce and support the simulation of data products. The company is focused on designing and launching new products while also exploring expansion into additional markets. Specific geographic regions targeted for growth have not been disclosed, but the funding will be instrumental in driving these initiatives.

## Funding rounds

- Series A, Feb 27, 2025, $5.2M — Beringea, Northstar Ventures, Enterprise Ireland

## Investors

- Beringea (https://capitalatlas.ai/funds/beringea) — Series A
- Northstar Ventures (https://capitalatlas.ai/funds/northstar-ventures) — Series A
- Enterprise Ireland (https://capitalatlas.ai/funds/enterprise-ireland) — Series A
