# VRschool

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

- Industry: Education/Training
- Headquarters: Beijing, China
- Website: www.wizsch.com
- Total disclosed funding: $4.5M
- Latest round: Series A (Aug 6, 2017)
- Investors on record: 4

## About

VRschool is a digital education platform that leverages virtual reality technology to enhance learning experiences for students, providing immersive and interactive education solutions.Founded in 2015, VRschool operates out of Beijing, China, focusing on the development of virtual reality educational tools. The company has undergone strategic pivots to adapt to market demands and enhance its offerings. In August 2017, VRschool successfully raised RMB 30 million in Series A funding led by JC Capital, with participation from investors such as One World Capital and Zhangjiagang Zhongda Knitted Clothes & Ornaments Manufacturing.VRschool provides a comprehensive range of virtual reality-based educational products designed to improve learning engagement and outcomes. Their services include interactive VR content development for various subjects, aimed at enhancing student understanding through practical simulations and immersive experiences. The platform caters to schools and educational institutions, offering tools that facilitate the integration of virtual reality into traditional teaching methods.VRschool generates revenue primarily through licensing fees from educational institutions utilizing its VR content and platforms. Each partnership involves a financial arrangement that varies based on the scale of services provided and the number of students enrolled. The business model supports both direct sales and collaborative projects with educational institutions, contributing to overall revenue growth.Looking to the future, VRschool plans to expand its product offerings by developing new immersive educational modules, aiming for a launch in late 2023. Additionally, the company is targeting market expansion into Southeast Asia and North America by 2024, capitalizing on the growing demand for innovative educational solutions in those regions. The recent Series A funding of RMB 30 million will be allocated to enhancing product development and establishing partnerships with educational institutions globally.

## Funding rounds

- Series A, Aug 6, 2017, $4.5M — China CITIC Financial Asset Management, JC Capital, One World Capital, Zhangjiagang Zhongda Knitted Clothes & Ornaments Manufacturing

## Investors

- China CITIC Financial Asset Management — Series A
- JC Capital (https://capitalatlas.ai/funds/jc-capital) — Series A
- One World Capital — Series A
- Zhangjiagang Zhongda Knitted Clothes & Ornaments Manufacturing — Series A