The VZfit: Transform Any Bike into an Online, Interactive VR Fitness System in 5 minutes
In five minutes, our VZfit can transform any stationary bike into a VR capable exercise game. Pull on your headset, escape the gym, and enter into a virtual reality game world where you can ride a pegasus through the mountains or go head-to-head with other VirZOOM users.
A Few of Our Games
Ride after escaped outlaw cowboys.
Finish first in the Kentucky Derby.
Ride a pegasus through the mountains.
Proved the Market with a V1 Consumer Product
We started with a consumer product to prove there was a market for a more engaging, competitive, VR workout experience. We sold about 2,000 units of our V1 product, a folding exercise bike equipped with VR. Our success with V1 laid the foundation for us to sell directly to commercial bike manufacturers, which is higher margin.
Now We're Partnered with the Largest Commercial Fitness Equipment Company to Sell Directly to Gyms
Our VR technology gives Life Fitness an advantage over their competitors. Since we entered a co-sale and revenue share agreement with them last November, we've sold 17 VZfits to health clubs, hotels, and university fitness centers from Alaska to Australia.
Why Should Gyms Buy VZfit?
Gyms are looking for ways to keep their monthly members coming back, and we've proven people want to ride bikes with VR.
Minutes people ride with VirZOOM vs. 21 minutes without.
Days a week people ride with VirZOOM vs. 1.5 days without.
An example: the Cupertino YMCA found their V2 VirZOOM bike helps them retain family memberships. Before, parents had to drag their kids to the gym. Now kids want to go to the Y so they can play VirZOOM. There's even a waiting list to use the bike. At $80/mo for a family membership, the YMCA sees a revenue bump if they can attract just 4 new annual family memberships
Our Revenue and Costs Per VZfit
$2,995 + $995/year
*We currently purchase our materials (including an Acer Windows Mixed Reality headset, Acer display, and Intel NUC) at retail price. We anticipate this number will decrease to $1,000 or less with a licensing agreement between Acer and Intel in the next year.
We spent years developing our products to increase user adoption. The VZfit solves all the problems we found: it's easy to install, self-contained, and most importantly, users love it. Now, all the pieces are in place for us to keep growing – and our corporate partners know it: Acer is developing a brand new headset made for the VZfit and Life Fitness is aggressively pursuing new sales accounts.
Raised $5.5M to Begin R&D
Partnership with Life Fitness
Co-Sale and Revenue Share Agreement with Life Fitness
$7.8M Total Raised