The Venture Codex Logo

The Venture Codex

VirZoom

56 JFK Street, Third Floor, Cambridge, MA, 02138, United States

Overview

VirZOOM builds stationary bike hardware and software that translate pedaling into movement inside virtual-reality games and experiences. Its VX Bike Controller and bikes pair with consumer VR headsets — from phone-based rigs to PC and PlayStation setups — to deliver gamified workouts like horseback riding and Old West lassoing. The company has been selling bikes for the last couple of years and plans to ship the VX Bike Controller starting in March for $399. VirZOOM positions its product as an alternative to video-driven fitness services by immersing users in different virtual worlds. The startup acknowledges current headset bulkiness and comfort issues and notes accessories like facepad covers can mitigate sweat concerns. Financially, VirZOOM has raised around $6 million to date, including a newly closed $5.5 million seed round. VirZOOM develops active virtual reality applications that use a patent-pending motion control system to deliver immersive, activity-driven experiences while mitigating motion issues. The company’s core product is an active VR platform that pairs user physical activity with fantastical virtual experiences. The founding team includes veterans from Harmonix and creators behind Guitar Hero, Rock Band and the Wii Remote Controller. VirZOOM completed development over the preceding year and is moving into a commercialization phase. The company raised initial funding to finance that commercialization and expects to launch into the broader VR applications wave projected for 2016. VirZOOM is headquartered in Cambridge, Massachusetts.

Total raised
$7M
Funding rounds
2
Latest round
Seed
Latest activity
Feb 2018

Industries

  • Computer
  • Gaming
  • Software
  • Virtual Reality
Visit website

Recent funding

  1. Seed

    Feb 2018

    $6M

  2. Equity

    Apr 2015

    $2M

Team