Virtual Heroes

Raleigh, United States Founded: 2004 • Age: 22 yrs Acquired By Applied Research Associates
Develops VR simulations for learning and training

About Virtual Heroes

Virtual Heroes is a company based in Raleigh (United States) founded in 2004 was acquired by Applied Research Associates in April 2009.. Virtual Heroes offers products and services including Sedation and Airway Training, Mission Biotech, and Zero Hour. Virtual Heroes operates in a competitive market with competitors including IMVU, Meta, Decentraland, ZEPETO and VRChat, among others.

  • Headquarter Raleigh, United States
  • Sectors
    Media & Entertainment
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Applied Research Associates, Inc.
Operational Areas
Media & Entertainment → Creator Economy & Social Platforms
Technology → Extended, Virtual & Augmented Reality
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $123.36 K (USD), Grant

    Feb 26, 2009

  • Investors
    HHS

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Virtual Heroes

Virtual Heroes offers a comprehensive portfolio of products and services, including Sedation and Airway Training, Mission Biotech, and Zero Hour. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Interactive program for practicing sedation techniques in healthcare scenarios.

Simulates medical lab conditions for DNA extraction and PCR testing training.

Prepares users for mass casualty events through immersive simulation.

People of Virtual Heroes
Headcount 10-50
Employee Profiles 18
Employee Profiles
People
Brian Olive
Group Leader
People
Jeff Lyons
Director
People
Heather Harms
Principal Technical Writer And Marketing Manager
People
Oliver Gray
Programming Team Lead

Unlock access to complete

Funding Insights of Virtual Heroes

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $123,359
  • First Round

    (19 Sep 2007)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2009 Amount Grant - Virtual Heroes Valuation

investors

HHS
Sep, 2007 Amount Grant - Virtual Heroes Valuation

investors

HHS
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Virtual Heroes

Virtual Heroes has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and Applied Research Associates. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Public health and human services are overseen by HHS.
Founded Year Domain Location
Infrastructure projects, energy solutions, and unmanned systems development are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Virtual Heroes

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Virtual Heroes

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Virtual Heroes Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Virtual Heroes

Virtual Heroes 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 IMVU, Meta, Decentraland, ZEPETO and VRChat, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of an online 3D avatar-based social network
domain founded_year HQ Location
Metaverse platforms and VR devices are developed for immersive interactions.
domain founded_year HQ Location
Virtual world games are facilitated through an NFT-based platform.
domain founded_year HQ Location
Metaverse social platform offering 3D character creation
domain founded_year HQ Location
Provider of a VR-based social platform
domain founded_year HQ Location
Metaverse social networking and online games are developed by Sulake.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Virtual Heroes

Frequently Asked Questions about Virtual Heroes

When was Virtual Heroes founded?

Virtual Heroes was founded in 2004 and raised its 1st funding round 3 years after it was founded.

Where is Virtual Heroes located?

Virtual Heroes is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.

What does Virtual Heroes do?

Virtual Heroes was founded in 2004 in Raleigh, United States, focusing on virtual reality simulations within the education and training sector. Collaborative interactive VR solutions are created for corporate, healthcare, and government applications. Services encompass game technology for mission planning, terrain modeling, military simulations, and emergency management training. A browser-based immersive platform, built on Unreal Engine 3, supports simulated 3D environments for diverse operational needs.

Who are the top competitors of Virtual Heroes?

Virtual Heroes's top competitors include ZEPETO, IMVU and Decentraland.

What products or services does Virtual Heroes offer?

Virtual Heroes offers Sedation and Airway Training, Mission Biotech, and Zero Hour.

Who are Virtual Heroes's investors?

Virtual Heroes has 2 investors. Key investors include HHS, and Applied Research Associates.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available