
GOVRED
GOVRED builds turnkey virtual reality training technology for the military, law enforcement, and first responders.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | Seed | ||
Total Funding | 000k |
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 9 % | - | - |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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GOVRED specializes in developing advanced virtual reality (VR) training simulators tailored for law enforcement, military, and first responders. The company's core product is a suite of training programs that include active shooter threat tactics, crisis intervention, de-escalation, and firearm training. These simulators are designed to provide hands-on, scenario-based training that enhances the proficiency and aptitude of its users in managing high-stress situations.
GOVRED's primary clients are police departments, military units, and emergency response teams who require rigorous and realistic training environments to prepare for real-world challenges. The company operates in the public safety and defense markets, where the demand for effective training solutions is critical.
The business model revolves around selling turnkey VR training systems and providing ongoing support and updates to ensure the technology remains cutting-edge. Revenue is generated through the sale of these systems, as well as through maintenance contracts and software updates.
GOVRED's competitive advantage lies in its ability to create immersive, interactive training experiences that are both comprehensive and adaptable to various tactical scenarios. This makes their products highly valuable for agencies looking to improve their operational readiness and response capabilities.
Keywords: VR training simulators, law enforcement, military, first responders, active shooter training, crisis intervention, de-escalation, firearm training, tactical skills, immersive technology.