Corporate Update & Press Release (15/3/23): Global Advisory Board Announcement for Verchool Holdings Ltd, the B2B “Virtual Extended Reality” R&D, Tech & Ventures Group
Founders Statement & Updates: On 15th May 2022 we gave birth to our Virtual Extended Reality (VER) brand “Verchool”, with our Verchool Holdings Ltd & Verchool Tech Ltd entities established in August 2022, with the Dubai International Financial Center (DIFC), as part of the DIFC Innovation Hub.
https://www.linkedin.com/feed/update/urn:li:activity:7041798184318185472
Founders Statement & Updates: On 15th May 2022 we gave birth to our Virtual Extended Reality (VER) brand “Verchool”, with our Verchool Holdings Ltd & Verchool Tech Ltd entities established in August 2022, with the Dubai International Financial Center (DIFC), as part of the DIFC Innovation Hub.
Verchool became the first B2B “Virtual Extended Reality” tech firm registered by the DIFC, that builds private Enterprise B2B platforms. Banking relationships were also formed with Interpolitan Money and Mashreq Bank.
To develop a solid structure, with aspirations to build a unicorn and execute a future IPO, Verchool needed a stellar global team with reputational capital. Verchool started with the onboarding of a world-class CTO (Ex Oracle & Siebel) and built a global leadership and tech team with members from 8 countries.
Verchool started with a Founders/Angel round of $500,000 as start-up capital to develop their Enterprise B2B Tech Stack, with intelligence acquired from the Boards of large organizations and governments.
Verchool then embarked on building a Global Advisory Board and in March 2023, a total of 16 members have joined the Verchool Advisory Board, with *4 seats remaining.
With the collective intelligence of the Advisory Board, Verchool has built a detailed business plan to enable the company to achieve $1.2b in revenues with a 15% EBIT by 2030, and conclude with a IPO listing on Nasdaq.
In the last 9 months, Verchool has connected with 750 board decision-makers from government institutions, large corporates and family business conglomerates in the Middle East, Africa and South Asia region. Verchool has delivered over 50 live board-level presentations, built proof-of-concepts (POCs) and live R&D platforms for Government Entities in the UAE.
Verchool has a growing pipeline of Governments, eager to discuss Virtual Extended Reality strategies, aligned to Corporate KPIs and integrated with ERP, CRM, SCM applications, as well as new R&D projects to link Digital-Twin Assets to OpenAi, GPT & Big Data.
Verchool is taking the required steps to build the Web 3.0/4.0/5.0 future, with a 33 year vision and growth plan to 2055, to explore all future possibilities linked to Virtual Worlds and build a Tech Legacy.
Verchool is closing on its $1.5m Pre-Seed Round and ready to engage with private equity firms, tech entrepreneurs and family offices for its future $15m Seed Round, to scale and approach 18,000 Government Entities & Family Office Real Estate Asset Owners, with the intention of supporting 1,000 B2B clients by 2030.
Verchool is also looking for additional Strategic Ai/AR/VR/XR Alliances and open to Strategic Tech Investment Partnerships.
Email: info@verchool.com
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