vTime operates a social VR app that allows groups of up to four users to join private 3D chat rooms, customize avatars, and select virtual environments. The startup emphasizes conversational social experiences rather than shared social gaming. Its app launched in late 2015 and is available across many platforms, including Windows Mixed Reality, Google Daydream, Cardboard, Samsung Gear VR, Oculus Rift, Android and iPhone. The company reports more than 40 full-time employees and says it is nearing one million downloads, though it did not disclose active user metrics. Management says the immediate priority is to learn how people use the app and derive genuine value, which will inform long-term viability and product direction. vTime faces competition from larger players such as Facebook Spaces but intends to follow its own path in the social VR space.

Total raised

$8M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2018