OTHERWORLD
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.
- Company typePrivate
- Founded2018
- HeadquartersLondon, United Kingdom
- Headcount101–250
- GTM typeB2C
- OfferingServices
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
Where OTHERWORLD is headquartered
LocationHeadquarters
- 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
- VR Experience Admissions: Revenue generated from visitors paying for access to luxury VR experiences at physical resort locations.
- 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 offeringCore 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 profileSegments1 record
Ideal customer profiles2 records
OTHERWORLD technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
OTHERWORLD partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights3 records
OTHERWORLD competitors and assessment
Company assessmentMarket position
Competitive moat2 records
Key risks6 records
Key highlights5 records
Customer concentration
OTHERWORLD social profiles
Digital presenceOTHERWORLD financial estimates
Financial estimateRevenue estimate
Valuation estimate
OTHERWORLD leadership team
Management profileNumber of profiles
Profiles2 records
OTHERWORLD funding detail
Funding detailFunding 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 investmentM&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.