Inflight VR Software GmbH

company

About

Inflight VR is a startup that provides a Virtual Reality based entertainment system boosting revenues and customer experience for airlines.

  • 11 - 50

Details

Last Funding Type
Non-Equity Assistant
Industries
Travel,Virtual Reality
Founded date
Oct 1, 2014
Number Of Employee
11 - 50
Operating Status
Active

Post-Covid, a vast majority of airlines worldwide will be in an existential crisis. In 2020, more than 40 airlines went out of business. In a post-Covid world, airlines are forced to find new revenue streams while at the same time ensure a high passenger satisfaction.

The Inflight VR entertainment system allows airlines to monetize their passengers & offers them an immersive state-of-the-art experience.

The Inflight VR technology:
(i) Generates revenue through pay-per-view, advertising & eCommerce.
(ii) Captures the undivided attention of the passenger.
(iii) Levels up the guest experience through immersiveness.

The Inflight VR entertainment system is proven on the market with landmark clients such as Qatar Airways, Singapore Airlines or FlixBus(>10k users) and taps into a tremendous demand from the travel industry. Passenger engagement & feedback is excellent across the board (average usage time of > 80 minutes & satisfaction rate of >90%).

With Inflight VR, every passenger generates a revenue potential of more than €7.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
Inflight VR Software GmbH has raised a total of — in funding over 2 rounds. Their latest funding was raised on Jun 1, 2021 from a Non-Equity Assistant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 1, 2021 Non-Equity Assistant 1 Google for Startups Detail
Jan 1, 2021 Convertable Note 1 Bayern Kapital Detail

Investors

Number of Lead Investors
Number of Investors
2
2
Inflight VR Software GmbH is funded by 2 investors. Google for Startups and Bayern Kapital are the most recent investors.
Investor Name Lead Investor Funding Round
Google for Startups Yes Non-Equity Assistant
Bayern Kapital Yes Convertable Note