Survios Company Profile

Background

Survios, Inc., established in 2013, is a Los Angeles-based virtual reality (VR) game developer and software publisher. The company was founded by Nathan Burba, James Iliff, Alexander Silkin, and Graham Matuszewski, who were graduates from the University of Southern California's Mixed Reality Lab. Their initial collaboration, Project Holodeck, led to the creation of Survios with the mission to expand the human experience and unlock creative potential through the power of virtual reality. Survios envisions a world where virtual reality becomes the preferred medium for play, enabling makers to conceive, create, and collaborate in entirely new ways.

Key Strategic Focus

Survios specializes in developing immersive VR gaming experiences that emphasize emergent interactivity, social multiplayer, and visceral play. The company's strategic focus includes:

• Development of VR Games: Creating engaging VR titles that leverage full-body positional tracking and avatar embodiment.

• Cross-Reality Gaming: Expanding into console and PC game development to pioneer cross-reality gaming experiences.

• Licensed IP Collaborations: Partnering with major entertainment franchises to develop VR games based on popular intellectual properties.

Financials and Funding

Survios has secured significant venture funding to support its growth and development initiatives:

• 2014: Raised $4 million in Series A funding led by Shasta Ventures.

• 2016: Secured $50 million in a funding round led by Metro-Goldwyn-Mayer (MGM) and Lux Capital.

• 2020: Obtained $16.7 million in Series D funding led by Irongrey, with participation from Woori Technology Investment, KNET Venture Fund, Seoul Investment Partners, and Shasta Ventures.

These funds have been utilized to expand the company's headcount, develop new video game titles, and enhance support for the latest VR hardware.

Pipeline Development

Survios has developed and released several notable VR titles:

• Raw Data: Released in 2016, it became the first VR game to reach $1 million in sales within one month of early access release.

• Sprint Vector: Launched in 2018, introducing innovative "Fluid Locomotion" mechanics.

• Creed: Rise to Glory: Developed in partnership with MGM Interactive, allowing players to box as Adonis Creed.

• The Walking Dead: Onslaught: Created in collaboration with AMC, offering a VR experience set in the universe of the TV show.

• Alien: Rogue Incursion: Announced in 2024 in partnership with 20th Century Games, this single-player, action-horror VR game is set to release on PlayStation VR2, Meta Quest 3, and SteamVR.

Technological Platform and Innovation

Survios distinguishes itself through its proprietary technologies and innovative approaches:

• Full-Body VR Systems: Developed the first full-body and portable VR system during Project Holodeck.

• Fluid Locomotion: Introduced in Sprint Vector, allowing players to simulate various movements at high speeds by swinging and moving their arms.

• Cross-Reality Development: Pioneering efforts to create games that bridge VR and traditional gaming platforms.

Leadership Team

Survios is led by a team with extensive experience in digital gaming:

• Seth Gerson: Chief Executive Officer

• TQ Jefferson: Chief Product Officer

• Joshua Green: Chief Financial Officer

• Alex Silkin: Chief Technology Officer

Competitor Profile

Market Insights and Dynamics

The VR gaming industry has experienced significant growth, with increasing adoption of VR hardware and software. Survios operates in a competitive landscape with several key players.

Competitor Analysis

• Klang Games: An independent game development studio based in Berlin, focusing on innovative gaming experiences.

• WONDER: Provides consumer entertainment products across mobile, gaming, and virtual reality.

• Tilt Five: Develops holographic tabletop games, blending physical and digital gaming experiences.

• Steel Wool Studios: Specializes in developing virtual reality games, known for titles like "Five Nights at Freddy's VR: Help Wanted."

Strategic Collaborations and Partnerships

Survios has established significant partnerships to enhance its market position:

• MGM Interactive: Collaborated to develop "Creed: Rise to Glory."

• AMC: Partnered to create "The Walking Dead: Onslaught."

• 20th Century Games: Engaged in developing "Alien: Rogue Incursion."

Operational Insights

Survios's strategic considerations include:

• Diversification: Expanding into cross-reality gaming to reach a broader audience.

• Innovation: Continuously developing proprietary technologies to enhance gaming experiences.

• Partnerships: Leveraging collaborations with major entertainment franchises to develop games based on popular IPs.

Strategic Opportunities and Future Directions

Survios aims to:

• Expand Game Portfolio: Continue developing new titles for emerging VR hardware.

• Enhance Cross-Reality Experiences: Further bridge the gap between VR and traditional gaming platforms.

• Strengthen Industry Partnerships: Forge new collaborations to develop games based on popular intellectual properties.

Contact Information

• Website: Survios.com

• LinkedIn: Survios LinkedIn

Note: Specific contact details such as email addresses and phone numbers are not provided in this profile.