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OTHERWORLD

Full company profile

uuid0002oqw

Namestring
OTHERWORLD
Legal namestring
THE DREAM CORPORATION LIMITED
Websiteurl
other.world
Company typeenum
Private
Founded yearint
2018
Descriptiontext

OTHERWORLD (legally The Dream Corporation Limited) was a UK-based, consumer-facing operator of physical "Luxury Virtual Resort" experience centers. Founded in 2017/2018 and headquartered in London, the company offered multi-sensory, themed VR entertainment to individual leisure customers at dedicated venues differentiated by a luxury hospitality positioning rather than the typical arcade-style VR setup. Over a five-year operating period the company served 376,000 visitors and grew from a single London flagship to five UK locations (Birmingham, Manchester, Leeds, Glasgow), with publicly stated ambitions to expand internationally into Germany and the US through a franchise/licensed-operator model.

The core product was a single branded experience — the Luxury Virtual Resort — delivered via consumer-grade VR hardware in custom-built physical environments. The company's go-to-market was direct-to-consumer admissions revenue supplemented by a planned franchise/licensing revenue stream; no subscription, SaaS, or B2B enterprise product is evidenced. The company raised approximately £4.3 million in total across an early-stage Imbiba round, a £2.9 million Edge Investments-led round in June 2021, and multiple equity crowdfunding rounds on Crowdcube between 2021 and 2023. OTHERWORLD ceased operations in 2023 and entered liquidation under KRE Corporate Recovery.

Short descriptiontext

OTHERWORLD (The Dream Corporation Limited) was a UK-based operator of physical luxury VR experience centers, serving individual leisure consumers across five UK cities over five years before closing in 2023.

Operating statusenum
Closed
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
virtual reality experiences, VR entertainment venues, immersive entertainment centers, luxury VR resort, location-based VR
Industry2 codes
1Luxury Boutique & Lifestyle Resorts
CodeTHAGACAOPrimaryYes
2Boutique Resorts (Small-Scale Resorts)
CodeTHAGADAJPrimaryNo
NAICS code2 codes
  • Amusement and Theme Parks713110
  • Amusement Parks and Arcades7131
SIC code2 codes
  • Services-Amusement & Recreation Services7900
  • Services-Miscellaneous Amusement & Recreation7990
Product category
Location-based VR entertainment
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1VR Experience Admissions
TypeOne Time License
Description

Revenue generated from visitors paying for access to luxury VR experiences at physical resort locations.

other.world
2Franchise Fees
TypeLicensing Royalties
Description

Revenue from franchise recruitment model targeting Germany and the US markets for international expansion.

finsmes.com
Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

OTHERWORLD operated the Luxury Virtual Resort, a chain of physical venues offering immersive, multi-sensory virtual reality entertainment to consumers. Guests visited branded resorts in major UK cities to access themed VR experiences and environments. The company also pursued a franchise model to license the concept internationally into Germany and the United States.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • 376,000 visitors served over five years of operation
Product overview1 text field

OTHERWORLD was a single-product VR experience company operating the Luxury Virtual Resort brand. The company provided immersive virtual reality experiences to guests at physical resort locations across the UK, including London, Birmingham, Manchester, Leeds, and Glasgow. The company has since closed operations, with 376,000 visitors having experienced the resort over its five-year operating period.

Product and service1 record
1Luxury Virtual Resort
CategoryLocation-based VR entertainment
Description

Physical luxury VR experience resort offering immersive, multi-sensory virtual reality entertainment to individual consumers and groups, featuring multiple themed VR experiences and environments at dedicated venues.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Market position
Competitive moat2 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds5 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors3 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

OTHERWORLD

Location-based VR entertainmentother.world

OTHERWORLD (The Dream Corporation Limited) was a UK-based operator of physical luxury VR experience centers, serving individual leisure consumers across five UK cities over five years before closing in 2023.

What OTHERWORLD does

OTHERWORLD (legally The Dream Corporation Limited) was a UK-based, consumer-facing operator of physical "Luxury Virtual Resort" experience centers. Founded in 2017/2018 and headquartered in London, the company offered multi-sensory, themed VR entertainment to individual leisure customers at dedicated venues differentiated by a luxury hospitality positioning rather than the typical arcade-style VR setup. Over a five-year operating period the company served 376,000 visitors and grew from a single London flagship to five UK locations (Birmingham, Manchester, Leeds, Glasgow), with publicly stated ambitions to expand internationally into Germany and the US through a franchise/licensed-operator model.

The core product was a single branded experience — the Luxury Virtual Resort — delivered via consumer-grade VR hardware in custom-built physical environments. The company's go-to-market was direct-to-consumer admissions revenue supplemented by a planned franchise/licensing revenue stream; no subscription, SaaS, or B2B enterprise product is evidenced. The company raised approximately £4.3 million in total across an early-stage Imbiba round, a £2.9 million Edge Investments-led round in June 2021, and multiple equity crowdfunding rounds on Crowdcube between 2021 and 2023. OTHERWORLD ceased operations in 2023 and entered liquidation under KRE Corporate Recovery.

OTHERWORLD firmographics

Firmographics
Name
OTHERWORLD
Legal name
THE DREAM CORPORATION LIMITED
Website
https://other.world
Company type
Private
Founded year
2018
Operating status
Closed
Headcount range
101–250 employees
Short description
OTHERWORLD (The Dream Corporation Limited) was a UK-based operator of physical luxury VR experience centers, serving individual leisure consumers across five UK cities over five years before closing in 2023.
Ownership category
akta.pro rank

OTHERWORLD industry classification

Industry
Product category
Location-based VR entertainment
NAICS
Amusement and Theme Parks (713110), Amusement Parks and Arcades (7131)
SIC
Services-Amusement & Recreation Services (7900), Services-Miscellaneous Amusement & Recreation (7990)
akta.pro primary industry
Luxury Boutique & Lifestyle Resorts (THAGACAO)
akta.pro secondary industry
Boutique Resorts (Small-Scale Resorts) (THAGADAJ)

Keywords

  • Virtual reality experiences
  • VR entertainment venues
  • Immersive entertainment centers
  • Luxury VR resort
  • Location-based VR

Where OTHERWORLD is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Offices5 records

Markets served

OTHERWORLD business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. VR Experience Admissions: Revenue generated from visitors paying for access to luxury VR experiences at physical resort locations.
  2. Franchise Fees: Revenue from franchise recruitment model targeting Germany and the US markets for international expansion.

Go-to-market motion2 records

Distribution channels2 records

OTHERWORLD product offering

Product offering

Core offering

OTHERWORLD operated the Luxury Virtual Resort, a chain of physical venues offering immersive, multi-sensory virtual reality entertainment to consumers. Guests visited branded resorts in major UK cities to access themed VR experiences and environments. The company also pursued a franchise model to license the concept internationally into Germany and the United States.

Product overview

OTHERWORLD was a single-product VR experience company operating the Luxury Virtual Resort brand. The company provided immersive virtual reality experiences to guests at physical resort locations across the UK, including London, Birmingham, Manchester, Leeds, and Glasgow. The company has since closed operations, with 376,000 visitors having experienced the resort over its five-year operating period.

Differentiator

Problem solved

Functional benefit

Products and services

  • Luxury Virtual Resort Physical luxury VR experience resort offering immersive, multi-sensory virtual reality entertainment to individual consumers and groups, featuring multiple themed VR experiences and environments at dedicated venues.

Quantifiable outcome

  • 376,000 visitors served over five years of operation

Companies that use OTHERWORLD

Customer profile

Segments1 record

Ideal customer profiles2 records

OTHERWORLD technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

OTHERWORLD partnerships and signals

Strategic signal

Scale indicators4 records

Recent moves6 records

Expansion highlights3 records

OTHERWORLD competitors and assessment

Company assessment

Market position

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

OTHERWORLD social profiles

Digital presence

OTHERWORLD financial estimates

Financial estimate

Revenue estimate

Valuation estimate

OTHERWORLD leadership team

Management profile

Number of profiles

Profiles2 records

OTHERWORLD funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

OTHERWORLD M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OTHERWORLD

What does OTHERWORLD do?

OTHERWORLD operated the Luxury Virtual Resort, a chain of physical venues offering immersive, multi-sensory virtual reality entertainment to consumers. Guests visited branded resorts in major UK cities to access themed VR experiences and environments. The company also pursued a franchise model to license the concept internationally into Germany and the United States.

Is OTHERWORLD a public or private company?

OTHERWORLD is a private company. It is classified as venture growth investor backed and is currently closed.

When was OTHERWORLD founded?

OTHERWORLD was founded in 2018. It employs 101 to 250 people.

Where is OTHERWORLD based?

OTHERWORLD is headquartered in London, United Kingdom, in the Europe region.

How does OTHERWORLD make money?

Two revenue lines are on record. VR Experience Admissions are the primary driver. The others are franchise Fees.

Does OTHERWORLD have an API?

No public API is recorded for OTHERWORLD.

What industry is OTHERWORLD in?

OTHERWORLD's product category is Location-based VR entertainment. Its primary akta.pro industry code is THAGACAO, Luxury Boutique & Lifestyle Resorts, with a secondary code of THAGADAJ, Boutique Resorts (Small-Scale Resorts). Its NAICS code is 713110 and its SIC code is 7900.

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