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Sandbox VR Partners with LOL Entertainment to Bring Virtual Reality to Baltimore, Boston, Philadelphia, and Washington DC

Oct 24, 2024•over 1 year ago

Contract Type

partnership

San FranciscoSoftware

Description

Sandbox VR has announced a franchise partnership with LOL Entertainment to bring four new locations to the vibrant East Coast cities of Baltimore, Boston, Philadelphia, and Washington DC. The partnership aims to expand the immersive entertainment portfolio in the region.

Company Information

Company

Sandbox VR

Location

San Francisco, California, United States

About

Sandbox VR is the future of entertainment. With over 50 global combined retail and franchise locations, the most advanced VR technology, premium AAA experiences developed in-house, and an exclusive Netflix collaboration, we’re the most successful and fastest growing location-based virtual reality company on the planet. And, with over $60M raised by investors including a16z, Alibaba, Justin Timberlake, Katy Perry, and Kevin Durant, we are continuing our path to rapid growth.

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Agreement Insights

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Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

Contract momentum indicator

Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months