What is Entry Point VR?
Entry Point VR Inc. operates within the Software industry, employing between 10 to 19 individuals and generating revenue in the range of $5M to $10M. Headquartered in New York City, the company is positioned in a dynamic market. The recent major strategic investment suggests a focus on scaling operations, enhancing product development, or expanding market reach. The company's current lifecycle stage, indicated by the enterprise-level funding context, points towards a growth phase where strategic capital is being deployed to solidify its market position and accelerate innovation in the virtual reality space.
How much funding has Entry Point VR raised?
Entry Point VR has raised a total of $2M across 1 funding round:
Angel/Seed
$2M
Angel/Seed (2017): $2M with participation from Female Founders Fund, Two Sigma Ventures, Gravity Ventures, Indicator Ventures, Social Starts, and KBS Ventures
Key Investors in Entry Point VR
Female Founders Fund
Female Founders Fund is a seed stage venture fund dedicated to investing exclusively in female-founded companies across various sectors including e-commerce, media, and digital healthcare. The fund aims to empower exceptional female talent and disrupt the status quo in venture capital, where only a small percentage of funding has historically gone to women.
Two Sigma Ventures
Two Sigma Ventures is an early-stage venture capital firm that invests in transformative companies leveraging information growth and computing power. The firm focuses on technology that enhances human potential, breakthrough therapies, artificial intelligence, and online safety for children.
Gravity Ventures
Gravity Ventures is a member-managed seed capital fund operating in Indiana and Arkansas, focused on investing in early-stage technology and tech-enabled businesses across diverse industries. The company emphasizes support for entrepreneurs, valuing personal engagement and cooperative decision-making among its members.
What's next for Entry Point VR?
With this latest round of financing, Entry Point VR is poised for accelerated growth and innovation. The strategic investment is likely to fuel advancements in their VR software offerings, potentially leading to new product launches, enhanced user experiences, and expanded market penetration. The company's focus will likely be on leveraging this capital to solidify its competitive advantage, explore new technological frontiers in VR, and potentially pursue strategic partnerships or acquisitions to further its market leadership. Continued development and strategic deployment of resources will be key to capitalizing on the opportunities presented by this significant backing.
See full Entry Point VR company page
