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Otherworld

Short Summary

World-leading virtual reality experience. Proprietary multi-sensory VR pod technology. First site profitable after backing from leading leisure VC. Targeting 10x valuation growth in 18 months. £1.2M raised so far. EIS approved.

Overview

Target
US$900,000
Minimum
US$6,400
Investment Raised
US$580,000
Previous Rounds US$1,200,000
Stage Profitable
Investor Role Any

Highlights

  • First site in Hackney 90% occupied - open 13 hours a day, 7 days a week
  • £1.5M run-rate revenue + £335K EBITDA from VR experiences, food and drink
  • Partnerships with leading IP including Westworld, Bjork, Doctor Who
  • Rave reviews from international press incl. BBC, The Times, Time Out, Vogue
  • £1.2M raised in round led by Imbiba, a leading leisure VC
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

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