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UK-based virtual reality presentation startup VRtuoso has announced that it has raised €573,000 in a seed funding round, which was led by Symvan Capital, with participation from Compagnia Bresciana Investimenti.
VRtuoso content system is the new cool!
The VR presentation platform’s main objective is to assist enterprises in reducing training costs and enhance sales.
With the help of VRtuoso, businesses can create, deliver and adapt presentations with 360° and two-dimensional content such as videos, Powerpoint slides and text to revolutionise the way they prepare and develop their employees.
In order to deliver VR presentations, one does not require any experience or technical expertise. The learning and development teams in business can guide their audience and control what is seen on all VR headsets in real time.
Why is the startup necessary in today’s time?
Regarding the need for the London-based startup in today’s time, VRtuoso has claimed that VR produces 100% engagement and over 80% retention in training environments. The company further stated that the market for VR training is expected to be worth €5.5 billion ($6.3 billion) by 2022.
Regarding the current solutions, the startup stated that they may be expensive and one may require detailed technical knowledge to achieve the desired goals. The startup claimed that its solutions deal with both the issues, thus providing an economical and off-beat experience with the help of simple drag and drop user interface without any internet connectivity.
VRtuoso founder and CEO Francesco Furnari stated, “Enterprises that embrace VR see incredible results with our easy-to-use and cost-effective learning product. As a unique offering within the market, we expect our growth to continue as we build out our sales and marketing footprint.
The VR-powered startup is aiming to implement the funding to strengthen its research and development operations and grow its operations across Europe and into North America.
As of now, the startup has offices in Italy and the U.S. VRtuoso has a huge clientele including companies such as American Express, BP, BT Group, EE PwC, Pfizer and Yoox Net-a-Porter Group.
Stay tuned to Silicon Canals for more updates in the tech startup world.