About Virtual Retail
Virtual Retail is a company based in London (United Kingdom) founded in 2018.. Virtual Retail has raised $700.31 thousand across 1 funding round. The company has 8 employees as of December 31, 2020. Virtual Retail offers products and services including Virtual Retail Platform, Showrooms, and Visual Merchandising Tools. Virtual Retail operates in a competitive market with competitors including InContext Solutions, ThirdChannel, SmartSpotter, Shelfr and Shopnosis, among others.
- Headquarter London, United Kingdom
- Employees 8 as on 31 Dec, 2020
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Sectors
RetailTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vissy Ltd
- Date of Incorporation 07 Dec, 2018
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$700.31 K (USD)
in 1 rounds
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Latest Funding Round
$700.31 K (USD), Seed
Aug 30, 2023
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Investors
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Employee Count
8
as on Dec 31, 2020
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Products & Services of Virtual Retail
Virtual Retail offers a comprehensive portfolio of products and services, including Virtual Retail Platform, Showrooms, and Visual Merchandising Tools. 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.
Platform for virtual showrooms and merchandising tools
Customized virtual spaces for product sell-in and training
Tools for efficient retail design and output generation
Funding Insights of Virtual Retail
Virtual Retail has successfully raised a total of $700.31K through 1 strategic funding round. The most recent funding activity was a Seed round of $700.31 thousand completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $700,309
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First Round
First Round
(30 Aug 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - Virtual Retail | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Virtual Retail
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Virtual Retail
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Virtual Retail Comparisons
Competitors of Virtual Retail
Virtual Retail 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 InContext Solutions, ThirdChannel, SmartSpotter, Shelfr and Shopnosis, 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 |
Virtual reality solutions are provided for retail simulations and testing.
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| domain | founded_year | HQ Location |
Provider of retail execution solutions combining technology with field personnel
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| domain | founded_year | HQ Location |
Retailer store executions are checked via a mobile crowdsourced platform.
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| domain | founded_year | HQ Location |
Delivers comprehensive planogramming solutions for offline retailers.
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| domain | founded_year | HQ Location |
Predictive A/B testing solutions for in-store marketing executions are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Virtual Retail
When was Virtual Retail founded?
Virtual Retail was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is Virtual Retail located?
Virtual Retail is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Virtual Retail a funded company?
Virtual Retail is a funded company, having raised a total of $700.31K across 1 funding round to date. The company's 1st funding round was a Seed of $700.31K, raised on Aug 30, 2023.
How many employees does Virtual Retail have?
As of Dec 31, 2020, the latest employee count at Virtual Retail is 8.
What does Virtual Retail do?
Founded in 2018 and based in London, United Kingdom, Virtual Retail operates in the virtual reality sector focused on retail applications. A platform is offered that creates virtual showrooms for customized product visualization in immersive environments. Eye-tracking and behavioral analysis are utilized to process real-time customer data for feedback and sales insights. Retailers are enabled to deploy stores, marketing campaigns, and visual merchandising within VR spaces.
Who are the top competitors of Virtual Retail?
Virtual Retail's top competitors include InContext Solutions, ThirdChannel and SmartSpotter.
What products or services does Virtual Retail offer?
Virtual Retail offers Virtual Retail Platform, Showrooms, and Visual Merchandising Tools.