ForeVR Games Inc. - Company Research Report

Company Overview

• Name: ForeVR Games Inc.

• Mission: Dedicated to bringing VR to the masses by translating the most popular real-life games into immersive virtual reality experiences where friends and families of all ages can connect and have fun.

• Founded: 2020

• Founders: Marcus Segal and Michael Pagano Doom

• Key People:

• Marcus Segal, CEO & Co-Founder

• Mike Doom, Co-Founder

• Noah, CTO

• Darren, COO

• Joseph, VP of Games

• Lauren, VP of Marketing

• Headquarters: No information is available

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Creating category-defining games with social play that entertain people of all ages, specifically focusing on transforming traditional in-person games into virtual reality experiences. They aim to capitalize on the growing accessibility of VR technology and the demand for socially distant entertainment options.

Products

ForeVR Games offers several virtual reality gaming titles, each providing a unique and immersive experience:

1. ForeVR Bowl

• Description: A VR bowling game offering an immersive experience with 8 unique bowling lanes and over 150 unique bowling balls, along with customizable music from a YouTube-powered jukebox.

• Key Features:

• 8 immersive bowling halls

• 150+ unique bowling balls

• Solo, Multiplayer, and Pass-and-Play modes

• Weekly challenges and leaderboards

• Selfie Cam and Hidden Balls

2. ForeVR Darts

• Description: A darts game for VR, featuring Oculus' Hand Tracking technology, providing an intuitive and immersive darts playing experience.

• Key Features:

• 50+ uniquely weighted darts

• Three immersive darts halls

• Pro and casual play modes (Double Out, 301, 201, 101)

• Private & public multiplayer

• Challenge against NPCs

3. ForeVR Cornhole

• Description: The first VR cornhole game, emphasizing fun virtual play using realistic beanbag physics across 5 immersive halls.

• Key Features:

• 5 immersive halls

• 50+ unique bags and boards

• Private & quick match multiplayer, including 2v2 team battles

• Realistic beanbag physics

• NPC challenges

4. ForeVR Pool

• Description: A VR billiards experience that offers gameplay in some of the coolest pool halls globally.

• Key Features:

• 50 unique cues and 5 immersive halls

• Public and private multiplayer + quick match

• Advanced cue and ball physics

• NPC challenges across various difficulty levels

• In-game coins for matches

Recent Developments

• New Products Launched:

• ForeVR Pool was launched on November 17

• ForeVR Cornhole was made available on Meta Quest 2 as of September 3, 2022

• Product Updates and Features:

• ForeVR Pool v1.1 Update (Dec 14, 2022) introduced:

• YouTube Media Share early access

• Improved bot animations and results screen

• ForeVR Pool updates also included bug fixes, improved avatar posing, and addressing frame drop and crash issues.

• ForeVR Bowl continues to release themed updates, like the "Spooky Series" and "Deck the Hall."

• New Features Added:

• Continuous improvements in Media Share for multiplayer syncing in games.

• Further functionality being added to games, such as game modes and practice mode for ForeVR Pool.

• Partnerships and Financial Developments:

• Raised $10 million to expand its library of Wii Sports-like titles, enhancing its product offerings in virtual sports games.

This report summarizes the significant areas of operations, product offerings, and corporate developments of ForeVR Games. The company remains committed to extending its reach within the VR gaming space with immersive, socially-engaging experiences.