UP360
UP360 is changing the way the workforce learns using immersive technology, like AR and VR, and partner up with not-for-profits and industry experts to create new products and solutions geared towards present and future workforce education.
UP360’s focus is more on educational content and workforce development than corporate training. They also work with industry experts for each simulation to ensure accuracy and authenticity. Due to the team’s background in game development, they know how to engage their users better than most and how to create high quality, intuitive experiences that always manage to both excite and inform.
Traction
UP360 transformed into a rapidly growing development company roughly two years ago with four people working out of a basement. They now have 17 team members and occupy a decently sized office space. Their revenue has grown exponentially over the two years of their operation and they now have clients based across Canada. They have capitalized on this early success and have recently expanded into the US, UK, and Australian markets.
Team
UP360’s team consists of 15 members in total. The team is led by:
Harrison Olajos, Chief Executive Officer and Co-Founder – Harrison has an extensive entrepreneurial portfolio including within the technology and construction services. He is responsible for the long term vision for UP360. Harrison has been largely responsible for UP360’s decision to focus the company efforts on education and workforce development.
Matthew Mazza, Chief Technology Officer and Co-Founder – Matthew handles the pipeline and high level development currently. For the first two years of UP360’s life he handled the project development and design of the simulations. He also teaches game programming courses at Humber College, including their Intro to UE4.
Funding
UP360 is looking to raise $2.5 million. This funding will be used to expand the current catalogue of products UP360 can offer to support training, and skills development of people entering the workforce for the first time. These tools will be centred around retail, hospitality and construction.
At the current rate of growth UP360 is experiencing they will need to double the size of their team again within the next 8-12 months. This expansion will include building out a sales team and hiring a more senior programmers.
Revenue Model
UP360 develops subscription-based products that can be sold to educational institutes or workforce development sites.
Details
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