Go Touch VR SAS

Go Touch VR SAS is a French company specializing in advanced virtual reality solutions, enhancing user engagement through immersive experiences tailored for training, real estate, and entertainment sectors. Founded in 2016 and headquartered in France, Go Touch VR SAS focuses on creating virtual reality products that enhance user interaction across various industries. The company has undergone strategic pivots to solidify its market position and has completed 2 funding deals, with the most recent being a Series B round on June 30, 2022, raising EUR 0. 540 mn from investors including Alliansys-Nord Creation SAS and Finovam Gestion.

The total amount raised by the company amounts to EUR 0. 540 mn and the current company valuation stands at EUR 2. 047 mn. The founder's background is not specified, indicating a focus on the company's operations rather than the individuals involved.

Go Touch VR specializes in providing innovative virtual reality (VR) solutions aimed at enhancing user experience across various sectors. The company’s core offerings integrate advanced VR technology to create immersive environments tailored to specific applications, such as training simulations, real estate walkthroughs, and interactive entertainment. These solutions address the growing need for engaging and effective training methods in corporate environments, as well as offering unique marketing tools for real estate and entertainment industries. Go Touch VR primarily serves a diverse clientele, including businesses in real estate, education, and corporate training, with end users ranging from employees undergoing training to consumers seeking virtual experiences.

The company's products are strategically marketed in North America and Europe, capitalizing on the increasing adoption of VR technology in these regions. The revenue model of Go Touch VR is built around business-to-business (B2B) transactions, with a focus on subscription-based services and partnerships. In 2017, the company reported a revenue of EUR 15,119. 4 and an EBITDA of EUR -310,635.

9. Clients typically engage in multi-year contracts, allowing them to access the company's flagship VR solutions while benefiting from ongoing updates and support. Pricing structures are designed to accommodate various client needs, with customizable packages that may include basic access tiers as well as premium offerings featuring advanced functionalities. This tiered pricing approach enables organizations of all sizes, from small startups to large enterprises, to leverage the power of VR technology.

The company’s revenue is bolstered by strategic partnerships with industry leaders and educational institutions, ensuring a steady influx of clients seeking to implement VR solutions across their operations. In June 2022, Go Touch VR SAS was fully acquired by Razer Inc. , a portfolio company of CVC Capital Partners and KKR. This acquisition allows Razer to enhance its HyperSense technology across its product offerings, thereby expanding its ecosystem of haptic peripherals.

The integration of Go Touch VR's technology into Razer’s offerings is expected to create new product opportunities, although specific product launches and timelines have not been detailed. The acquisition is set to bolster Razer's position in the VR market, aligning with their overall strategy to expand into new markets, particularly in the gaming and entertainment sectors.