Raise closed, search for fresh raises on Seedstage

Austin, TX

Raising funds to expand production and sales of VR treadmills, with applications in gaming and defense.

• Mission: Enhancing the virtual reality experience by enabling full-body movement through omni-directional treadmills for both gaming and enterprise applications.  
• Innovation: The Omni One, a cutting-edge VR treadmill for home use, allows users to walk, run, and navigate virtual worlds in 360 degrees, adding a physical dimension to immersive experiences.  
• Market Opportunity: Strong consumer demand, with over 3,000 preorders for the Omni One and a library of compatible VR games, positioning Virtuix as a leader in the VR gaming market.  
• Diversification Strategy: Expanding applications beyond gaming into enterprise sectors, including a partnership with the U.S. Air Force for military training simulators.  
• Leadership and Support: Backed by over $40 million in funding, including from Mark Cuban, and boasting $18 million in past sales and 23 patents, Virtuix has established a solid foundation for growth.  
• Expansion Plans: Focused on scaling production capacity, reducing wait times, and increasing sales and marketing efforts to further grow the consumer and defense markets.  

Virtuix, a developer of omni-directional treadmills designed to enhance the VR experience, is raising funds to scale production and expand the reach of its newest product, the Omni One. Virtuix’s Omni treadmills allow users to walk, run, and navigate virtual worlds in 360 degrees, adding a physical dimension to VR gaming. With over $18 million in past sales and $40 million in funding from investors like Mark Cuban, Virtuix has built a robust product lineup and a community of 400,000+ registered players. The Omni One, designed specifically for home use, has already garnered significant interest with more than 3,000 preorders and an established library of compatible VR games.

The funds raised in this offering will support increased production capacity, reduce wait times, and enhance sales and marketing efforts for Omni One. Virtuix also seeks to diversify revenue through enterprise and defense sector applications, such as its partnership with the U.S. Air Force to develop a training simulator. This multi-faceted approach positions Virtuix to lead in both the consumer and enterprise VR markets, with dual-use applications that extend beyond gaming to fitness, military training, and other immersive experiences.

Company Info

Virtuix develops VR treadmills that enable full-body movement in virtual environments, now available for home use with the Omni One system.

Virtuix is a technology company specializing in omni-directional treadmills designed to enhance virtual reality experiences by allowing users to move in all directions within VR environments. Its flagship product, the Omni, is widely used in commercial entertainment venues and provides full-body movement, enabling users to walk, run, crouch, and jump within virtual worlds. Virtuix recently launched Omni One, a consumer version optimized for home use, which includes a standalone VR headset and a game store with popular VR titles, expanding access to immersive virtual reality experiences.

With $18 million in sales, 23 patents, and support from investors like Mark Cuban, Virtuix has established a strong market presence in VR entertainment. The company also collaborates on enterprise applications and has initiated development of a mixed-reality military training system. Virtuix aims to continue scaling Omni One production and diversifying its applications to serve both consumer and defense sectors, supporting growth within the VR industry.