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$500K - $1MM

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Every student deserves a seat in the best classroom with the best teachers. Regardless of location. We believe the next generation of educational technology should let students and employees dive into interactive worlds and explore complex scenarios and concepts in completely new ways. Location should not be a limitation. Gartner recently named the metaverse one of the top five emerging trends and technologies for 2022. Global spending on VR/AR, the metaverse's foundation technologies, is expected to rise from $12 billion in 2020 to $72.8 billion in 2024. Because of this, leaders in industries like gaming, retail, education, healthcare, and blockchain are determining how to position themselves as critical players in this emerging ecosystem. The metaverse may be worth $800 billion by 2024 due to a surge in interest during the pandemic That's up from $47 billion in 2020. (https://www.bloomberg.com/professional/blog/metaverse-may-be-800-billion-market-next-tech-platform/) ️ The global AR, VR, and MR market will roughly reach $300 billion by 2024. (https://www.statista.com/statistics/591181/global-augmented-virtual-reality-market-size/) VR in education is predicted to be a $700 million industry by 2025. Almost 80% of teachers have access to virtual reality devices, but only 6.87% use them regularly. Our team built this application in anticipation of receiving State Department of Education contracting from our home state. Those conversations have been put on hold due to Legislative leadership change. The use of Virtual Reality / Immersive technologies outside the gaming industry, and particularly in the Education sector, is experiencing incredible growth. It is still a little bit of the “wild wild west” in this space, but that creates an incredible opportunity for growth and early market penetration. Our team currently has existing projects in the DoD space using immersive technologies for training on maintenance-focused tasks. Dedicating bandwidth to market and onboard education clients at this time would not be our priority. Our limitation on bandwidth could be an amazing opportunity for a passionate education-focused team.

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