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Financials

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Revenues, earnings & profits over time
USD2019202020212023
Revenues0000000000000000
% growth--100 %-
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Dealroom estimates

More about VirZoom
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Virzoom operates in the virtual reality (VR) fitness market, offering an innovative platform called VZfit. This platform transforms stationary bike workouts into immersive experiences by leveraging VR technology. Users can explore over 10 million miles of Google Street View, engage in curated rides, or create their own personal tours. Additionally, VZfit offers interactive games where users can battle tanks, race cars, fly mythical creatures, and more, making exercise both fun and engaging.

The company primarily serves fitness enthusiasts and individuals looking to make their exercise routines more enjoyable and effective. The business model includes a freemium structure, where basic rides and games are available for free, while a premium subscription unlocks unlimited access to all features and content. Revenue is generated through these premium subscriptions.

Virzoom's market includes both individual consumers and potentially fitness centers looking to offer unique, tech-driven workout experiences. By integrating with smart bikes, ellipticals, smart trainers, and sensors, VZfit aims to provide a versatile and comprehensive fitness solution.

Keywords: virtual reality, fitness, stationary bike, immersive workouts, interactive games, Google Street View, premium subscription, smart bikes, exercise motivation, VR technology.

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