https://youtu.be/JIAlqRoT9Bg

No-code tool to make soft-skill VR trainings

We are building software that lets learning content creators make VR trainings focused on soft-skills (e.g. feedback, customer experience, sales conversations), without writing a single line of code.

We are the Articulate of 3D

Amsterdam

John and Octavian are 3d printing mounts that enable consumers to use HTC vive head-straps on their Oculus quest devices.

John and Octavian have know each other for 6 years, they met at a learning company and then decided to start their own VR studio.

They met Wybren 14 months ago when he reached out to create VR trainings for soft-skills for his company.

We released an MVP on March 2, 2022 which we developed in close collaboration with a learning company (Lepaya)

Lepaya is using Canvar to make their own VR trainings with limited support from us. This is free of charge because we can use their feedback to accelerate our product development roadmap and they introduce us to other companies in their network.

We have spoken to 10 potential customers. From those conversations 5 companies signed LOIs to use a 30-day free trial of our Alpha version, with option to convert to paid user at $3000 / user at the end of the trial. This includes 2 other learning companies, a corporate, an educational publisher and a learning management system.

Wybren (CEO):
- 6 months full time
- Focus customer development and working for a learning company

John (CTO):
- 6 months full time
- Main focus on developing no code VR capabilities

Octavian (CIO):
- 6 months full-time
- Main focus on software architecture

1 learning company with 3 active users uses our MVP to make their own VR trainings with limited support from us. This is free of charge.

We have LOIs with 5 companies to use a 30-day free trial of our Alpha version, with option to convert to paid user at $3000 / user /year at the end of the trial. This includes 2 other learning companies, a corporate, an educational publisher and a learning management system.

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Why do people (trainings creators and buyers) need what we're making:
- Anyone that buys or creates trainings wants 1 thing: the highest skill improvement at the lowest cost per learner
- Current learning modalities fail to meet this need: e-learning is cheap but drives low skill improvement, instructor led classroom drives high skill improvement but is too expensive to offer at scale
- VR training delivers the highest skill improvement at a low cost per learner: VR training driver 85% higher skill improvement than traditional classrooms at close to zero marginal cost
- There is 1 issue: it costs $50K to make a 20 minute VR training because this is specialistic development work
- Our solution reduces the costs of VR content production by more than 10x

Why us:
- Wybren leads the VR business at a edTech company that provides soft-skill trainings (e.g. giving feedback). He had 1 VR training and was looking for a way to build 50 more
- John and Octavian own a VR studio where they made custom VR projects for customers focusing on hard-skills (e.g. assembling a wind turbine). They were looking for a way to reduce their own VR production costs

VR content production for communication skills can be broken down to a limited amount of standard building blocks that can be leveraged across a wide range of topics. This enables us to simplify the VR content creation process to a point where developers are no longer needed, thus reducing its costs by more than 10x.

Coming from a learning background we understand how learning in VR works. Other large VR players (e.g. gaming & porn) lack this understanding.

We plan to charge $3000 / user / year (for reference, Articulate charges $1299 / user / year for it's e-learning software; commercial value of 20 min VR is $50K)

We estimate there are ~1 million potential users (Articulate serves 115k organizations or ~250k users and has ~25% market share)

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John (CTO & co-founder) and Octavian (CIO & co-founder)

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- Market place for trading crowdfunding shares
- B2C tool to automate booking of slots with limited capacity (e.g. sports classes)

Wybren comes from Eefde, a small village in the Netherlands with 4000 inhabitants. He believes that Eefde has 2 qualities that make it way more worthwhile to visit than its size suggests:

1. Eefde has a canal lock. There are only 2 canal locks in the world from this specific type: one in Eefde, the other in the Panama canal.

2. 'Eefde' is the longest word one can write with 1 key on an old T9 keypad.

One of the founders of the edTech company we work with encouraged us to apply for YC. What convinced us in the end is that we think we can learn a lot from YC in terms of how to build our idea into a global B2B SaaS business.

Through one of the founders of the edTech company we work with works for