Iris VR
Pioneer of one-click VR design review software for architecture, engineering, and construction (AEC) professionals — acquired by The Wild in 2021, which was subsequently acquired by Autodesk, effectively dissolving IrisVR as an independent entity.
Iris VR
Pioneer of one-click VR design review software for architecture, engineering, and construction (AEC) professionals — acquired by The Wild in 2021, which was subsequently acquired by Autodesk, effectively dissolving IrisVR as an independent entity.
Executive Summary
IrisVR built Prospect, a widely adopted VR design review tool for AEC professionals that converted BIM files from Revit and Rhino into immersive walkthroughs — and its traction was real: $10.3M raised from institutional VCs, 15,000+ customers, 108,000+ VR experiences created, and a named Fortune 500 reference customer (Black & Veatch). The claims hold up. The problem is that IrisVR no longer exists as an independent company — its flagship product was sold to competitor The Wild in February 2021, and The Wild was subsequently acquired by Autodesk. Any investor evaluating "Iris VR" today must first answer a foundational question: what legal entity, product, or team are they actually looking at? Until that's clarified, this is a historical due diligence exercise, not an active investment opportunity.
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