FORETELL REALITY

Name

FORETELL REALITY

Legal name

Foretell Reality

Website

https://foretellreality.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Immersive VR and AI Training Software

NAICS

Software Publishers (5132), Computer Training (611420)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

VR-Based Skills Training Simulations (Soft Skills, Customer Service, Leadership) (EDAFAJAA)

akta.pro secondary industries

Serious Games & Simulation Studios (Training, Defense, Enterprise) (MPAFAAAH), VR/AR Gaming Platforms (BPAMAKAG)

Keywords

• Immersive VR training
• AI simulation platform
• Virtual collaboration software
• VR therapy platform
• Enterprise metaverse software

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Enterprise VR Platform Subscription: SaaS platform with organizational hierarchy (Organizations, Departments, Courses) suggesting subscription-based licensing for enterprise clients. Pricing appears quote-based, accessed via demo request.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Foretell Reality sells an immersive VR and AI software platform that hosts multi-participant virtual meetings and AI-driven interpersonal-skills simulations. Its product lines, Foretell Social (collaboration) and Foretell AI (training simulations), are deployed to healthcare, education, and corporate training organizations through Meta Quest and Windows desktop clients. The platform is sold as an enterprise subscription with custom pricing and an organizational hierarchy of admins, courses, and learners.

Product overview

FORETELL REALITY is an immersive technology company offering two primary platforms: FORETELL SOCIAL (social VR for meetings and collaboration supporting up to 25 participants) and FORETELL AI (AI simulation platform for interpersonal skills training). The platforms operate as modules within a unified product ecosystem accessible via VR App (Meta Quest), Desktop App (Windows), and Web interfaces. Applications span therapy and support groups, professional development, and education. FORETELL AI includes an Authoring Tool for simulation creation, Organization/Department/Course Management for administrative hierarchy, and Assessment Criteria with Guardrails for AI behavior control. The platform leverages AI for conversational simulations, speech processing, and automated evaluation.

Differentiator

Problem solved

Functional benefit

Brands

• Foretell AI: AI-powered simulation platform enabling users to practice conversations with AI personas in immersive VR or web environments. Includes authoring tools for creating simulations, organization management with departments and courses, and assessment features for evaluating trainee performance.
• Foretell Social

Products and services

• Foretell Reality Platform Primary immersive technology platform combining virtual reality and AI to enable authentic human interactions in virtual environments for soft-skills training, therapy and support groups, and marketing applications, including VR environments, realistic simulations, collaborative activities, and behavioral analytics.
• Foretell Social Social VR experience enabling immersive meetings and collaboration with up to 25 active participants plus unlimited observers per session, with VR environments, multi-media player support, roles and permissions (Leader, Participant, Observer), and moderation tools for therapy groups, team building, and education.
• Foretell AI AI-powered simulation platform for interpersonal-skills training that enables creation of AI personas for role-play practice such as job interviews, negotiations, and customer service, including authoring tools, assessment criteria, guardrails, and organizational distribution through an Organization-Department-Course-Learner hierarchy.
• Foretell Reality VR App Virtual reality application for Meta Quest headsets (Quest 2, Quest 3, Quest Pro) providing immersive AI simulation experiences, including AI controls, pause/resume, chat transcripts, and automatic transcript and video upload for Course Admin review.
• Foretell Reality Desktop App Windows 10/11 desktop launcher that downloads and runs Foretell Reality Group, providing access to AI Simulations and Meetings with practice sessions and assigned simulations.
• VR Therapy & Support Solution Packaged VR offering for therapy and support groups that enables anonymous participation in private virtual spaces for mental-health treatment, pain management, relaxation, mindfulness, and social-skills development.
• Soft Skills Training Solution Packaged VR-based training for interpersonal skills including networking, negotiations, leadership, and pitching ideas, with the ability for participants to assume different appearances, genders, and races for empathy building and 24/7 availability.
• VR Education & Learning Solution Immersive learning offering for universities and K-12 education supporting virtual, in-person, and hybrid schools, including accounting simulations, virtual field trips, Shakespeare plays, and interactive class settings.

Quantifiable outcome

• 73% participation rate in VR support groups vs traditional
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability10 records

Feature7 records

Partnerships

Two partnerships are on record, tiered core.

• Yale School of MedicinecoreStrategic or Co-development PartnerResearch collaboration on VR support groups for cancer patients. Yale study using Foretell Reality demonstrated 73% participation rate, validating platform efficacy for mental health applications.
• MetacoreTechnology or IntegrationPlatform integration with Meta Quest headsets and Meta Avatars system. VR app available on Meta Horizon Store; platform processes Meta avatar data for user identity across Meta Horizon ecosystem.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mursion: Mursion provides AI- and human-driven avatar-based simulations for soft-skills training (leadership, sales, customer service). It is the closest direct competitor to Foretell AI's interpersonal-skills use case, with the same enterprise training buyer and similar role-play mechanics.
• Talespin: Talespin offers an immersive VR/AI platform for enterprise learning and workforce development, including soft-skills simulations and authoring tools. It overlaps with Foretell's training-focused product line and shares enterprise L&D as a primary buyer segment.
• Strivr: Strivr builds VR-based immersive learning for enterprise workforce training with measured performance outcomes. It is comparable to Foretell's training vertical and targets similar large-enterprise buyers with measured ROI claims.
• Interplay Learning: Interplay Learning delivers VR-based skills training (HVAC, plumbing, electrical, multifamily) to trades and technical workforces. It is comparable as a VR training SaaS platform targeting enterprise/workforce buyers, though focused on hard-skills trade training rather than soft skills.
• Immerse: Immerse provides a VR language-learning and communication-skills platform used by enterprises and educators. It overlaps with Foretell's education and soft-skills training use cases and shares a similar VR-plus-content SaaS model.
• Spatial: Spatial offers cross-device immersive meeting and collaboration spaces supporting VR, mobile, and web. It is comparable to Foretell Social's social VR / remote collaboration use case for enterprise teams.
• Engage: Engage provides a VR collaboration and learning platform for enterprise, education, and training use cases. It overlaps with Foretell Social's meetings and Foretell AI's training focus, with a similar institutional buyer base.
• Virbela: Virbela builds immersive 3D virtual worlds for remote work, collaboration, training, and events. It is comparable to Foretell Social's collaboration focus and supports similar enterprise remote-work use cases.

Broad incumbents

• Meta Horizon Workrooms: Meta Horizon Workrooms is Meta's first-party VR collaboration and meeting product on Quest. It competes with Foretell Social's collaboration use case and benefits from Meta's ownership of the underlying headset hardware and identity layer that Foretell depends on.
• Microsoft Mesh: Microsoft Mesh is Microsoft's enterprise immersive collaboration platform integrated with Teams and Microsoft 365. It targets similar enterprise meetings and training buyers as Foretell and represents a broad incumbent competing for the same corporate L&D and collaboration budgets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/foretellreality
• Xx.com/foretellreality
• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about FORETELL REALITY