Baltic Partners advised private investors in a seed round

October 2024, SkillCamp – next generation VR-Training SaaS platform for security companies raised a seed round from private investors.

Unreal Estates UG (the Company) established in 2019, which primarily target security services market in Germany, allows operators to reduce training cost by more than 80%, eliminating traveling costs completely, while implementing expensive real-life scenarios in VR and achieving better and faster learning results. The Company creates its own content and provides complete solution with Headset-App, Backend and Trainer Portal. Largest clients in Germany include Securitas GmbH. The founders estimate TAM  of EUR 1.3bn in Germany and EUR 14+bn in the rest of EU and the US. With of more than 2,500 licenses sold the Company is set to reach EUR 300k Revenue by the end of 2024 with expected 10x growth in 2025 to EUR 3.0m. SkillCamp recently received Outstanding Security Performance Award.

Private investors from Switzerland are bringing experience in the area VC investments, Fintech and trading.

Baltic Partners assisted private investors in CLA terms negotiation, high-level due diligence and signing procedures. Baltic Partners is independent financial advisory firm based in Riga (Latvia), focused on private equity M&A transactions. Legal advice was provided by Studio Legal Rechtsanwälte (Germany).