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Valuation

$2.3M

2024 Revenue

$774.7K

Customers

5K

Funding

$0

YOY

18%

Avg ACV

$156

Team

2

Founded

2016

How VR First CEO Ferhan Özkan grew to $774.7K revenue and 5K customers in 2024.

VR First was launched in January 2016 to provide state-of-the-art facilities to anyone interested in exploring the power and potential of VR/AR development. The program encourages educational institutions around the world to establish dedicated VR labs on their campuses by partnering with VR hardware manufacturers and software companies.

Last updated

VR First Revenue

In 2024, VR First's revenue reached $774.7K. The company previously reported $656.8K in 2023. Since its launch in 2016, VR First has shown consistent revenue growth.

VR First Revenue GrowthReported revenue / ARR over time$0$200K$400K$600K$800K$1M201620172018201920202021202220232024$0$547.3K$774.7KSource: GetLatka.com
YearMilestoneQuote
2024VR First Hit $774.7k revenue in October 2024
2023VR First Hit $656.8k revenue in December 2023
2021VR First Hit $547.3k revenue in April 2021
2016Launched with $0 revenue

VR First Valuation, Funding Rounds

VR First's most recent disclosed valuation is $2.3M.

VR First Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12016Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Ferhan Özkan

CEO

Ferhan Özkan is listed as CEO at VR First.

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Customers

VR First serves 5K customers.

VR First Employees & Team Size

VR First employs approximately 2 people as of 2026, up from 1 in 2023, including 1 sales reps that carry a quota. It serves 5K customers that rely on its solutions.

VR First Team GrowthReported headcount over time0235682016201720182019202020212022202320240022Source: GetLatka.com
YearMilestone
2024Reached 2 employees (October 2024)
2023Reached 1 employees (December 2023)
2022Reached 1 employees (December 2022)
2021Reached 1 employees (December 2021)
2021Reached 7 employees (April 2021)

Frequently Asked Questions about VR First

What is VR First's revenue?

VR First generates an estimated $774.7K in annual revenue.

Who founded VR First?

VR First was founded by Ferhan Özkan.

Who is the CEO of VR First?

The CEO of VR First is Ferhan Özkan.

How much funding does VR First have?

VR First raised $0.

How many employees does VR First have?

VR First has 2 employees.

Where is VR First headquarters?

VR First is headquartered in Dublin, Ireland.

Compare VR First to the industry

VR First operates across multiple industries. Browse revenue, funding, and growth data for VR First in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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