Vyocor, Inc. is a Virtual Reality (VR) gaming company with a unique approach to the VR market – our 5 versus 5 first-person shooter game, ZeroDay (a soldier’s first day of combat) is the first consumer ready, fully immersive location based VR game. ZeroDay is played in a basketball sized “battlefield” (94’ x 50’) using the latest VR technology in a retail entertainment center (think Dave & Busters on super steroids) called a VREC (Virtual Reality Entertainment Center). VRECs will feature 1 area of 5-versus-5 play where the participants literally “step inside the game”! The VRECs will also feature an array of other VR games like VR racing simulators, VR flight simulators and other non-VR but high tech games. During the day, Vyocor will provide training for the military and police departments using MRI’s VR training simulation, Dauntless.
We are forming partnerships with a variety of the top names in virtual reality – OculusVR (Oculus Rift), Haptech, Razer, Unity, and a partnership with the world’s leading (and Academy Award winning) motion capture company, Motion Reality, Inc. (MRI). Together with Ironbelly Studios and a number of top VR developers, ZeroDay will be a new and unique gaming experience. While most of the VR world is focused on developing products for the home market, our focus is on using the family entertainment center (FEC) space as the distribution vehicle for ZeroDay and our unique VREC concept.
Our goal is to have 100 company-owned VRECs operational across the US and Canada within 5 years, with another 400 franchised VRECs open worldwide within 7 years. The company-owned VRECs will be financed with internally-generated cash flow and bank debt. We expect to be cash flow positive and profitable by the end of Year 1. Based on our forecast, our EBITDA margins should be between 54 – 61% throughout the life of the projections.
Vyocor was founded by Logan Fitzpatrick, an avid gamer and Bruce Ferber, a seasoned technology CFO with 15+ years of experience successfully managing VC and private equity backed tech companies. Together, Logan and Bruce have developed a platform for ZeroDay to be developed and available within 12 months of receiving funding.
Vyocor is looking for 2 rounds of funding: a Seed round of $350,000, where the proceeds will be used to develop a 2 versus 2 working prototype of ZeroDay; and a “B” round of $2.8 million, where the proceeds will be used to develop the full, 5-versus-5 game and provide the capital to open the first VREC.
