Los Angeles California based ForeVR Games is raising $10,799,999.00 in New Equity Investment.
Los Angeles, CA – According to filings with the U.S. Securities and Exchange Commission, ForeVR Games is raising $10,799,999.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Marcus Segal played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About ForeVR Games
Founded and run by Marcus Segal and Michael Pagano Doom, the company is creating category defining games with social play that offer entertainment for people of all ages. Launched in 2020 during one of the strangest times in human history, ForeVR understands that VRs time is now. The accessibility of VR technology, the need for socially distant entertainment options and nostalgia for popular in person games set the stage for success. As well as the fact that 42.9 million people in the US will use VR at least once a month this year and gaming and entertainment media hold 40.5% of the VR market share (Statista). The ForeVR team includes gaming veterans, imagineers, and a death metal guitarist. This collective are also early pioneers of social gaming, VR-AR immersives and AAA branded toys. Together they have one goal Translate the most popular and classic IRL games into immersive virtual reality experiences where friends and families of all ages can connect and have fun. ForeVRs games are developed from the ground-up for platforms that offer social connection between players and a next-level sense of presence only possible in VR. The company’s first gaming experience, ForeVR Bowl launched in May 2021 with its second, ForeVR Darts launching December 2021. More to come in 2022! .
To learn more about ForeVR Games, visit http://www.forevrgames.com/
Contact:
Marcus Segal, Chief Executive Officer
646-820-8190
marcus@forevrgames.com
https://www.linkedin.com/in/marcussegal/
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