3XR

Wakefield, United States Founded: 2003 • Age: 23 yrs
Virtual and augmented reality contents are created for product visualization.

About 3XR

3XR is a Technology company based in Wakefield (United States) founded in 2003 by Mike Festa. It operates as a virtual and augmented reality contents are created for product visualization. It operates in the Technology, Retail, and Consumer sectors. 3XR has raised $1.5 million across 1 funding round. Its chief executive is Mike Festa. Its focus areas include High Tech, Virtual Reality, Applications and Enablers. Its competitors include Perfect Corp, Marxent, Streem, ThreeKit and rooom and 3 more; 8 of its 8 listed competitors have raised funding.

Company details

3XR was founded in 2003 in Wakefield, United States, and operates in the virtual and augmented reality sector. A platform is provided for brands to develop 3D contents that enable product visualization in VR environments. This supports online retail applications, where products can be showcased in customer homes to enhance shopping experiences. The product remains in development as of 2019, with focus on client solutions for organizations.

  • Headquarters Wakefield, United States
  • Founders Mike Festa
  • Sectors
    Technology
    Retail Consumer
  • Website 3xr.com
  • Social LinkedIn
Key Metrics
  • Annual Revenue
    $35.46 K (USD)
    -50
    as on Dec 31, 2022
  • Net Profit
    -$15.22 K (USD)
    -12
    as on Dec 31, 2022
  • Total Equity Funding
    $1.5M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.5M (USD), Seed

    Jul 2019

Funding Insights of 3XR

3XR has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in July 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.5M
  • Total Rounds 1
  • Last Round Seed β€” $1.5M
  • First Round $1.5M

    (Jul 2019)

All 1 funding rounds of 3XR with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2019$1.5MSeed––
–

People of 3XR

1 people are tracked at 3XR (1 in leadership).

NameRoleGroup
Mike Festa
Founder & CEOLeadership
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Complete people profiles for 3XR

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Timeline of 3XR

2 dated milestones of 3XR across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded 3XR is founded.
  2. Funding First funding round of $1.5M.

Competitors of 3XR

3XR has 8 listed competitors in our database, 8 of them funded. They include Perfect Corp, Marxent, Streem, ThreeKit and rooom, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
perfectcorp.com2014Taipei, Taiwan$75M22
Provider of AI and AR-based virtual makeup application solutions
marxentlabs.com2011South Brunswick Township, United States$37.87M121
Cloud-based virtual trial solutions are offered for home improvement visualization.
streem.pro2017Portland, United States$10.53M15
Home maintenance services are offered through innovative technology by Streem.
threekit.com2005Chicago, United States$65.51M–
AR product visualization platform is provided for retail industry.
rooom.com2003Jena, Germany$25.19M66
Online platform for showcasing products in 3D and VR
cylindo.com2010Copenhagen, Denmark$7.92M31
Furniture visualization software is provided for retailers and commerce.
scapic.com2016Bengaluru, India$985,30320,791
Web-based platform for no-code interactive content creation is provided.
mirrar.com2015Gurugram, India$3.09M30
AR-based virtual try-on solutions are provided for fashion businesses.
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Detailed competitors of 3XR

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Top companies in Augmented & Virtual Reality Solutions

10 companies that operate in the same segment as 3XR (Augmented & Virtual Reality Solutions), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of SDK for smart data capture from barcodes, files, and IDs
2009Zurich, Zurich, SwitzerlandUSD 273.1 M–363
Augmented reality mobile games are designed and developed.
2011San Francisco, California, United StatesUSD 772.84 MUSD 166.77 K584
Interactive STEM kits are provided for children's learning.
2016Bengaluru, Karnataka, IndiaUSD 35.81 MUSD 2.23 M138
Hardware-based iPad games for children are developed.
2013Palo Alto, California, United StatesUSD 36 M–112
Provider of AI and AR-based virtual makeup application solutions
2014Taipei, TaiwanUSD 75 MUSD 69.15 M342
Cloud-based augmented reality software is provided for construction professionals.
2017London, England, United KingdomUSD 34.49 MUSD 5.87 M77
Provider of wearable heads-up display for industrial workers
2016Vancouver, Washington, United StatesUSD 145.48 MUSD 1.11 M19
Virtual reality headsets are provided for immersive professional applications.
2016Helsinki, FinlandUSD 149.39 M––
Virtual world games are facilitated through an NFT-based platform.
2017Buenos Aires, ArgentinaUSD 25 M––
AR-based content management software is offered for 3D product experiences.
2018Toronto, Ontario, CanadaUSD 2.1 MUSD 1.53 M–
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Frequently Asked Questions about 3XR

3XR was founded in 2003 and raised its 1st funding round 16 years after it was founded.

3XR is headquartered in Wakefield, United States.

Mike Festa is the current CEO of 3XR. They have also founded this company.

3XR is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Seed of $1.5M, raised on Jul 2019.

Annual revenue of 3XR is $35.46K as on Dec 31, 2022.

3XR was founded in 2003 in Wakefield, United States, and operates in the virtual and augmented reality sector. A platform is provided for brands to develop 3D contents that enable product visualization in VR environments. This supports online retail applications, where products can be showcased in customer homes to enhance shopping experiences. The product remains in development as of 2019, with focus on client solutions for organizations.

3XR's top competitors include Perfect Corp, Scapic and Marxent.

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