Outreal
Cloud gaming platform enabling high-performance VR gaming on standalone headsets using 5G and Nvidia GPUs with ultra-low latency.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | Seed | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 33 % | - |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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OutReal is a pioneering startup in the gaming industry, offering a cloud gaming platform specifically designed for standalone Virtual Reality (VR) headsets. This innovative technology enables users to play high graphic-intensive VR games without the need for a high-powered PC or console. Instead, OutReal streams games directly to VR headsets, leveraging high-speed 5G internet connections. This means users can enjoy immersive gaming experiences anywhere, anytime, with just a click.
The company's business model is based on providing a subscription-based service to gamers who are looking for high-quality VR experiences without the need for expensive hardware. OutReal's platform is powered by high-end Nvidia GPUs, providing RTX 2080 level performance. The company has also developed an ultra-low latency streaming stack to ensure smooth gameplay, with a latency of less than 1ms.
OutReal is currently in its beta phase, with services rolling out in specific regions in the UK from July 2022, and plans for expansion throughout Canada and the US. The company's target market includes VR enthusiasts and gamers who value high-quality, immersive experiences and the convenience of cloud gaming.
In terms of revenue generation, OutReal likely operates on a subscription model, where users pay a monthly fee for access to the platform and its high-performance gaming capabilities.
Keywords: Cloud Gaming, Virtual Reality, Standalone VR Headsets, High-Speed Internet, 5G, Subscription-Based Service, High-End Nvidia GPUs, Ultra-Low Latency, Immersive Gaming Experiences, Global Expansion.