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AutoVRse - About the company

AutoVRse is a seed company based in Bengaluru (India), founded in 2016 by , and . It operates as a VR-based industrial training systems. AutoVRse has raised $2.18M in funding from and Lumikai, with a current valuation of ₹92.1°ä°ù. The company has 247 active competitors, including 23 funded and 3 that have exited. Its top competitors include companies like Interplay Learning, Strivr and PIXO VR.

Company Details

VR-based industrial training systems. It enable enterprises to develop interactive training programs and update content in real-time to ensure relevance. It caters to multiple indiustries
Website
Social
Email ID
@autovrse.in
Key Metrics
Founded Year
2016
Location
Bengaluru, India
Stage
Seed
Total Funding
in 2 rounds
Latest Funding Round
Post Money Valuation
as on Dec 01, 2023
Investors
Ranked
2nd among
Annual Revenue
as on Mar 31, 2024
Employee Count
as on Aug 31, 2024
Similar Companies

Legal entities associated with AutoVRse

AutoVRse is associated with 1 legal entity given below:
Legal Entity Name
Date of incorporation
Revenue
Net Profit
Employee Count
Nov 22, 2016
$638K (as on Mar 31, 2024)
277
497
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AutoVRse's funding and investors

AutoVRse has raised a total funding of $2.18M over 2 rounds. Its first funding round was on Nov 20, 2019. Its latest funding round was a Seed round on Dec 01, 2023 for $2M. 3 investors participated in its latest round, which includes Lumikai and Bosch DNA accelerator.

AutoVRse has 3 institutional investors including , Lumikai and . Lumikai is the largest institutional investor in AutoVRse. Yash Kotak and 1 other are Angel Investors in AutoVRse.

Here is the list of recent funding rounds of AutoVRse:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Dec 01, 2023
$2M
Seed
7421723
8275344
Nov 20, 2019
$176K
Seed
2179971
7260672
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AutoVRse's founders and board of directors

The founders of AutoVRse are , and .
AutoVRse's board has 2 active members. and are part of team.

AutoVRse's employee count trend

AutoVRse has 92 employees as of Aug 24. The total employee count is 35.3% more than what it was in Aug 23. Here is AutoVRse's employee count trend over the years:
Employee count trend for AutoVRse
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AutoVRse's Competitors and alternates

Top competitors of AutoVRse include Interplay Learning, Strivr and PIXO VR. Here is the list of Top 10 competitors of AutoVRse, ranked by ÃØÃÜÑо¿Ëù score :
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Interplay Learning
Interplay Learning
2016, Austin (United States), Series C
Provider of VR simulation-based online training solutions
$46.1M
Holt Ventures, StartupRunnerÌý&²¹³¾±è;Ìý
64/100
2nd
Logo for AutoVRse
2016, Bengaluru (India), Seed
VR-based industrial training systems
$2.18M
Lumikai, Bosch DNA acceleratorÌý&²¹³¾±è;Ìý
55/100
3rd
Logo for Strivr
Strivr
2015, Menlo Park (United States), Series B
Virtual reality-based LMS platforms
$86M
, BMW i VenturesÌý&²¹³¾±è;Ìý
56/100
4th
Logo for PIXO VR
PIXO VR
2009, Berkley (United States), Series A
Provider of a virtual reality-based workforce training solution
$6.9M
55/100
5th
Logo for Talespin
Talespin
2015, Culver City (United States), Acquired
Developer of an immersive platform for recruitment and training applications
$40.2M
Cornerstone, Allomer CapitalÌý&²¹³¾±è;Ìý
52/100
6th
Logo for Immersive VR Education
Immersive VR Education
2014, Waterford (Ireland), Public
Developer of software for Virtual Reality Educational Experiences
$1.08M
Kernel Capital, Ìý&²¹³¾±è;Ìý
50/100
7th
Logo for Virti
Virti
2017, San Mateo (United States), Series A
Provider an immersive learning platform that provides AI-driven soft skills training with interactive video simulations
$10.1M
Boost VC, Cedars-Sinai AcceleratorÌý&²¹³¾±è;Ìý
50/100
8th
Logo for Mursion
Mursion
2015, San Francisco (United States), Series B
Provider of virtual reality simulations for workplace training
$40.6M
Juvo Ventures, PropelÌý&²¹³¾±è;Ìý
47/100
9th
Logo for PaleBlue
PaleBlue
2016, Fort Lauderdale (United States), Funding Raised
VR, AR, and 3D based simulators for Industrial purposes
-
44/100
10th
Logo for Oktal Sydac
Oktal Sydac
1989, Toulouse (France), Unfunded
Provider of training simulation solutions
-
-
44/100
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AutoVRse's Latest cap tables and shareholding

Founders (largest shareholder) own 64.94%, Funds own 8.96%, Enterprises own 3.83% and Angels own 0.90%. The net worth of AutoVRse's founders is INR 59.8Cr as of Dec 01, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative investment
Realised returns
Unrealised returns
Return multiple
Founder
64.94%
59.8Cr
6717590
6623933
8169311
8220564
6332816
9906400
4524812
3579570
5858028
6028536
7139436
2225878
1961310
1143245
9254844
9399899
Fund
8.96%
8.25Cr
1885208
4584573
2700791
4998514
633520
719176
842362
709835
262964
715706
Enterprise
3.83%
3.52Cr
842
270
880
254
Angel
0.90%
82.6L
0
0
0
0
0
0
0
0
0
0
ESOP Pool
20.78%
19.1Cr
3861610
8548444
5381763
9192893
Other Investors
0.60%
55L
0
0
0
0
Total
100.00%
92.1Cr
6775427
5334011
6148146
8489912
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of AutoVRse's Shareholding

AutoVRse's Investments and acquisitions

AutoVRse has made no investments or acquisitions yet.

Reports related to AutoVRse

Here is the latest report on AutoVRse's sector:
View

News related to AutoVRse

Media has covered AutoVRse for 1 event in last 1 year.
•
PANews•Aug 14, 2024•AutoVRse, White Star Capital, Sfermion, RockawayX and 7 others
•
Analytics India Magazine•Feb 20, 2024•AutoVRse, Lumikai, Shell, and 5 others
•
Financial Express•May 31, 2021•AutoVRse
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