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February 7, 2024

Former footballers’ startup StatusPRO lands $20M VR funding

VR gaming industry is expected to surge from $7.92 billion in 2021 to a staggering $53.44 billion by 2028

Virtual reality (VR) gaming is not just a trend; it's a booming industry with exponential growth potential. Projections indicate that the global VR market will skyrocket from $7.92 billion in 2021 to a staggering $53.44 billion by 2028. With Meta's headset lineup and the emergence of next-gen devices like augmented reality smart glasses, the future of VR gaming looks brighter than ever.

In this dynamic landscape, Miami-based StatusPRO is making waves with its innovative approach to sports tech and gaming. Leveraging real-time player data, StatusPRO crafts authentic extended reality experiences that redefine the boundaries of gaming realism. And now, with a whopping $20 million infusion of funding, courtesy of some heavyweight investors, StatusPRO is poised to revolutionize the VR gaming sphere like never before.

This impressive Series A funding round was spearheaded by Google Ventures, joined by industry giants like Dream Sports and Wise Ventures, among others. Notably, it also attracted investments from a diverse array of athletes, entertainers, and industry leaders, highlighting the widespread enthusiasm for StatusPRO's vision.

So, what sets StatusPRO apart? According to M.G Siegler, Venture Partner at GV, it's the company's pioneering spirit and strategic partnerships that have propelled it to early success. Troy Jones, StatusPRO's CEO, echoes this sentiment, emphasizing the company's commitment to redefining sports and gaming entertainment through cutting-edge VR technology.

Founded in 2020 by former football players Troy Jones and Andrew Hawkins, StatusPRO blends data analytics with augmented and virtual reality to create groundbreaking training and gaming solutions. Their flagship product, NFL Pro Era II, has already taken the VR gaming world by storm, boasting over 1 million users and setting new industry standards for engagement and realism.

With VR technology at its core, StatusPRO is not just creating games; it's crafting immersive experiences that bring fans closer to the action than ever before. As Andrew Hawkins, co-founder and President, puts it, this is just the beginning for StatusPRO. With their sights set on expanding into additional sports sectors, the company is poised to redefine the future of sports entertainment through the lens of virtual reality.

Josefina Dipaolo
Josefina Dipaolo
Content writer at TechNews180
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