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 VR First 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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | VR First Hit $774.7k revenue in October 2024 | |
| 2023 | VR First Hit $656.8k revenue in December 2023 | |
| 2021 | VR First Hit $547.3k revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
VR First Valuation, Funding Rounds
VR First's most recent disclosed valuation is $2.3M.
VR First is a bootstrapped Augmented Reality (AR) Development Software startup. Founded in 2016, VR First has grown to $774.7K in revenue without raising any venture capital or outside funding.
As a self-funded Augmented Reality (AR) Development Software SaaS company, VR First has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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.
| Year | Milestone |
|---|---|
| 2024 | Reached 2 employees (October 2024) |
| 2023 | Reached 1 employees (December 2023) |
| 2022 | Reached 1 employees (December 2022) |
| 2021 | Reached 1 employees (December 2021) |
| 2021 | Reached 7 employees (April 2021) |
Frequently Asked Questions about VR First
What is VR First's revenue?
VR First generates $774.7K in 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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