Details

Last Funding Type

Grant

Last Funding Money Raised

$25K

Industries

Travel,Video

Founded date

Feb 1, 2012

Number Of Employee

1 - 10

Operating Status

Active

Avatrip is a remote interactive video travel service. It allows you to travel on-line in the real cities using consoles, PC's or SmartTV.

There is video-scout on one side and user on the other side during a travel. User sees another city through the camera of video-scout who is there at the moment. Using special software user can control actions and movements of the scout: to walk anyway he wants, to talk to a passersby, to make photos, etc.

In this way user can remotely travel in real time to other countries without stepping out of his home. To explore attractions, go shopping, do some business or just wander around an unknown cities and places.

Product includes:
1. Multiple 4G modems based technology of on-line HD video streaming from camera of the scout (technology exclusively developed)
2. Scout control technology and interface
3. Website connecting users and scouts all over the world

The biggest market for service is tourism ($740 bln. worldwide annual turnover). There are also additional markets like remote shopping in other cities and remote casino or other games.

Monetization methods:
1. Time-based commission from users
2. Sale of service as entertainment content
3. Advertising, in particular in the augmented reality
4. Rental of technology, such as amusement machine, show-stoppers or travel agencies promotion

Avatrip is finishing beta tests of technology. There are video scouts in Moscow and the first draft of website is ready.