VirtSpaces

Bengaluru, India Founded: 2016 • Age: 10 yrs
Photo-realistic virtual tours are created using AI and ray-tracing.
Annual revenue $3,349 Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About VirtSpaces

VirtSpaces is a company based in Bengaluru (India) founded in 2016 by Hemanth Velury and Abhijeet Naik. VirtSpaces offers products and services including VR Walkthroughs, 2D Desktop App, Sharable Website, and User Dashboard. VirtSpaces operates in a competitive market with competitors including iStaging, Spacely, Foyr, SmartVizX and Floored, among others.

  • Headquarter Bengaluru, India
  • Founders Hemanth Velury, Abhijeet Naik
  • Sectors
    Real Estate & Construction
  • Email
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  • Phone
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  • Website
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  • Legal Name Virtspaces Private Limited
  • Date of Incorporation 12 Jul, 2016
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.35 K (USD)
    0
    as on Mar 31, 2022
  • Net Profit
    -$1.92 K (USD)
    -341.42
    as on Mar 31, 2022
  • EBITDA
    -$1.79 K (USD)
    -1376.81
    as on Mar 31, 2022
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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Products & Services of VirtSpaces

VirtSpaces offers a comprehensive portfolio of products and services, including VR Walkthroughs, 2D Desktop App, Sharable Website, and User Dashboard.

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Primary

Immersive VR for exploring real estate properties in detail.

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Synchronous app for real estate exploration with VR integration.

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Platform for sharing virtual spaces with images and videos.

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Dashboard for communication and design management in real estate.

People of VirtSpaces

Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Hemanth Velury
Co-Founder & Chief Executive Officer

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Teams

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Funding Insights of VirtSpaces

Investors in VirtSpaces

VirtSpaces has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nila Spaces.

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Institutional
Investor Description Founded Year Domain Location
Residential properties are developed in Ahmedabad, India, since 2000.
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Investor details for VirtSpaces

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by VirtSpaces

Investments
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Investment portfolio details for VirtSpaces

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  • Transaction dates
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Financial Statements - VirtSpaces

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Detailed financials for VirtSpaces

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Virtspaces Comparisons

VirtSpaces Primary company
Description
Photo-realistic virtual tours are created using AI and ray-t...
Location
Bengaluru, India
Founded Year
2016
Annual Revenue
$3.35 K (USD)
Net Profit
-$1.92 K (USD)
EBITDA
-$1.79 K (USD)
Employees
Not available
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Peer comparison for VirtSpaces

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of VirtSpaces

VirtSpaces operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as iStaging, Spacely, Foyr, SmartVizX and Floored, among others.

Company Name Domain Founded year HQ Location Description
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Augmented and virtual reality platforms are built online for businesses.
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Developer of AI-enbaled virtual reality solutions for real estate and construction projects
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Provider of cloud-based interior design software platform
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VR-based interactive environments are created for unbuilt business spaces.
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Interactive 3D models for real-estate visualization are developed online.
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3D virtual tours of properties are created via Cupix's platform.
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Detailed competitors of VirtSpaces

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Latest news on Virtspaces

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Complete news archive for VirtSpaces

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Frequently Asked Questions about VirtSpaces

VirtSpaces was founded in 2016 and raised its 1st funding round 9 years after it was founded.

VirtSpaces is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Hemanth Velury is the current CEO of VirtSpaces. They have also founded this company.

Annual revenue of VirtSpaces is $3.35K as on Mar 31, 2022.

VirtSpaces was founded in 2016 in Bengaluru, India, as an AI company focused on architectural visualization. Operations center on an AI-driven platform that transforms 2D floor plans into 3D walkthroughs and renders. Automation is applied to tasks including spatial recognition, 3D scene creation, material mapping, and ray-traced lighting. The solution targets architects and interior designers, reducing time and technical requirements for virtual tour production.

VirtSpaces's top competitors include iStaging, Foyr and SmartVizX.

VirtSpaces offers VR Walkthroughs, 2D Desktop App, Sharable Website, and User Dashboard.

VirtSpaces has 1 investor. Key investors include Nila Spaces.

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