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VRLab Academy

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Makes advanced virtual science education content

London, United KingdomFounded 2018Edtech
Valuation $10–25M Last recorded · 2023
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About VRLab Academy

VRLab Academy, founded in 2018 and formally established in London in 2020, operates as a developer of a virtual science education platform. The company was founded by Gürcan Demirci. The business provides an online platform offering virtual laboratories for educational institutions. Clients primarily include middle schools, high schools, and universities, with the platform's content designed to align with international curricula such as GCSE, AP, NGSS, and IB. The service is accessible in over 40 countries and supports multiple languages, making it adaptable for a global user base.

The company's core offering is a library of over 240 interactive simulations in physics, chemistry, and biology. These virtual labs allow students to conduct realistic science experiments safely and without the need for physical equipment. The platform is designed for broad accessibility, functioning on various devices including PCs, Macs, tablets, mobile devices, and immersive VR headsets like the Meta Quest 3. For educators, VRLab Academy includes tools for structuring lessons, assessing student performance, and tracking progress. The platform can also be integrated into existing Learning Management Systems (LMS). The business model is centered on providing these advanced virtual science education tools to institutions aiming to enhance their educational environment.

VRLab Academy has secured a total of $361K in funding across three seed rounds. The first investment came from Lima Ventures in June 2020. A subsequent round in April 2021 raised $300K, and the latest seed round occurred in June 2023, involving investors such as INVEXEN, Tarvenn, and TechOne Venture Capital. As of June 2023, the company had a post-money valuation of $11 million.

Source: Dealroom company data

At a glance

Founded
2018
Headquarters
London, United Kingdom
Sector
Edtech

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

  • Lima Ventures
  • Ahmet Bilgen
  • Koray Gultekin Bahar
  • hiVC
  • Ersin Pamuksizer
  • Metis Ventures

Series A2 investors entered at this stage

  • Heaventures
  • Teknoloji Yatirim

Series B and later1 investor entered at this stage

  • Constructor
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇹🇷 Turkey62.5%
1 country shown

Market sentiment

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