Visual assistance and extended reality company for sale 

Company for sale 

• Revenue: 2.5 million  EUR 
• Location of the company: Western Europe 
• Employees: 30 (including freelancers) 
• Suitable for: Financial investors 
• #CFIE ITS642 

Overview of visual assistance and extended reality company for sale 

Dedicated to tackling industry challenges through technology, the company has secured funding from the European Union. Strategic partnerships with industry leaders such as SAP, Equinix, EY, and VW position the company as a key player in the evolving landscape of extended reality and remote assistance. 

Profile of visual assistance and extended reality company for sale 

The prevalence of remote working has increased due to the COVID-19 pandemic. Now, this presents an opportunity to leverage advanced technologies to address challenges associated with skills shortages and escalating costs. Thus, making this a well-timed sale of this business. The company is an innovative visual assistance, extended reality company dedicated to revolutionizing remote support and expertise sharing. The project improves operational effectiveness by delivering a new software solution. In particular, one that uses wearable devices such as extended reality (XR), augmented reality (AR), mixed reality (MR), WebRTC, smartphones, and smart glasses. Chiefly, this approach empowers organizations to achieve heightened efficiency by offering remote visual guidance. As a result, it facilitates the remote sharing of scarce expertise through video and audio connections and provides on-demand support to on-site technicians. Above all, this seller is at the forefront of technological advancement and redefines organizational dynamics for enhanced effectiveness and adaptability. 

Products and activities of visual assistance and extended reality company for sale 

As the worldwide extended reality and remote assistance markets increase at an exponential rate, this company’s target markets include telecom operators, insurance, customer service desks, ICT, automotive, and aviation. Critically, the company’s emphasis on being the first mover internationally highlights its great market potential. Altogether, this company for sale offers different solutions such as: 

• Virtual assistance: Offering remote visual guidance with textual and graphical annotations
• Extended reality pick to light solutions: Enhancing operational workflows through immersive XR experiences
• Extended reality field solutions: Providing on-demand instructions and information to support on-site technicians
• Training: Revolutionizing traditional training methods with immersive XR experiences
• Immersive workflow: Enhancing operational workflows through XR applications
• Remote expert guidance: Facilitating real-time expert support globally
• Remote inspection: Streamlining processes with XR technologies for efficient inspections
• Remote collaboration: Fostering seamless collaboration across distributed teams

Highlights of visual assistance and extended reality company for sale 

Overall, the company’s unique selling proposition lies in a readily available visual assistance IT product. Essentially, it is web-based on a scalable cloud platform, eliminating the need for software or app installation. Planned international hubs in Asia, the USA, and Europe will offer immediate worldwide support. Moreover, a robust intellectual property strategy ensures a sustained competitive advantage.  

Currently, the company has invested 3 million EUR in research and development, achieving a turnover of 1.4 million CHF with a team comprising around 30 employees and freelancers. To accelerate further growth, an additional investment of 5.5 million EUR/CHF is sought. These funds will be allocated towards development, operations, and organizational support, positioning the company for sustained success. Post-financing, the first-year forecast is optimistic, projecting revenues of 2.8 million CHF. Fuelled by robust customer demand, actual monthly orders booked amount to 2.1 million CHF. Looking ahead, a subsequent fundraising round of approximately 5 million EUR/CHF is conceivable to facilitate M&A acquisitions, solidifying the company’s first mover status in the mid-term. Then, a minimum investment of 100,000 EUR/CHF onwards is envisioned.   

More information on this visual assistance and extended reality company for sale 

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