Immersive Factory SAS

Immersive Factory SAS is a company that develops virtual reality training solutions to enhance health, safety, and environmental (EHS) training for corporate employees through immersive experiences. Founded in 2016 in Paris, France, Immersive Factory SAS specializes in creating VR training solutions that support corporate health and safety initiatives. The company has executed a total of 4 deals, with its most recent funding round being a VENTURE DEBT round in November 2021, where they raised EUR 500,001. 60 from WaterStart Capital and others.

The CEO, Olivier Pierre, is one of the founders alongside Bertrand Pierre and Francis Savic. Immersive Factory specializes in the development and delivery of virtual reality (VR) training solutions focused on enhancing health, safety, and environmental (EHS) training for corporate teams. Their offerings include immersive VR training courses that simulate real-life workplace scenarios, enabling employees to engage interactively within a controlled environment. These training modules address various organizational challenges such as risk identification, behavioral change, and decision-making in hazardous situations.

Courses are accessible via subscription on VR headsets or standard PCs, catering to both remote and onsite teams. Immersive Factory serves a diverse client base, including large industrial companies in sectors such as construction, logistics, pharmaceuticals, and manufacturing, with clients like SUEZ, Orano, and Vallourec. In 2021, Immersive Factory reported a revenue of EUR 750,074. 80, while also recording an EBITDA of EUR -399,857.

80 for the same year. The company generates revenue primarily through subscription-based models for its VR training courses, establishing long-term contracts that provide clients with unlimited access to a comprehensive catalog of training modules. This model secures consistent revenue streams as clients engage in tailored VR training solutions, accommodating various training needs and enhancing workforce safety and operational efficiency. With the recent VENTURE DEBT funding raised in November 2021, Immersive Factory plans to invest in the development of new VR training products tailored for specific industry needs, although no specific release dates have been announced.

The company aims to expand its reach into additional European markets and potentially other regions by 2023, targeting sectors where safety training is critical. The funds from this round will be allocated to support product development and market penetration efforts.