
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.
- Annual Revenue$35.46 K (USD)-50as on Dec 31, 2022
- Net Profit-$15.22 K (USD)-12as 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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2019 | $1.5M | Seed | β | β | β |
People of 3XR
1 people are tracked at 3XR (1 in leadership).
| Name | Role | Group |
|---|---|---|
Mike Festa | Founder & CEO | Leadership |
Complete people profiles for 3XR
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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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.
- Founded 3XR is founded.
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| perfectcorp.com | 2014 | Taipei, Taiwan | $75M | 22 | Provider of AI and AR-based virtual makeup application solutions | |
| marxentlabs.com | 2011 | South Brunswick Township, United States | $37.87M | 121 | Cloud-based virtual trial solutions are offered for home improvement visualization. | |
| streem.pro | 2017 | Portland, United States | $10.53M | 15 | Home maintenance services are offered through innovative technology by Streem. | |
| threekit.com | 2005 | Chicago, United States | $65.51M | – | AR product visualization platform is provided for retail industry. | |
| rooom.com | 2003 | Jena, Germany | $25.19M | 66 | Online platform for showcasing products in 3D and VR | |
| cylindo.com | 2010 | Copenhagen, Denmark | $7.92M | 31 | Furniture visualization software is provided for retailers and commerce. | |
| scapic.com | 2016 | Bengaluru, India | $985,303 | 20,791 | Web-based platform for no-code interactive content creation is provided. | |
| mirrar.com | 2015 | Gurugram, India | $3.09M | 30 | AR-based virtual try-on solutions are provided for fashion businesses. |
Detailed competitors of 3XR
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of SDK for smart data capture from barcodes, files, and IDs | 2009 | Zurich, Zurich, Switzerland | USD 273.1 M | – | 363 | |
Augmented reality mobile games are designed and developed. | 2011 | San Francisco, California, United States | USD 772.84 M | USD 166.77 K | 584 | |
Interactive STEM kits are provided for children's learning. | 2016 | Bengaluru, Karnataka, India | USD 35.81 M | USD 2.23 M | 138 | |
Hardware-based iPad games for children are developed. | 2013 | Palo Alto, California, United States | USD 36 M | – | 112 | |
Provider of AI and AR-based virtual makeup application solutions | 2014 | Taipei, Taiwan | USD 75 M | USD 69.15 M | 342 | |
Cloud-based augmented reality software is provided for construction professionals. | 2017 | London, England, United Kingdom | USD 34.49 M | USD 5.87 M | 77 | |
Provider of wearable heads-up display for industrial workers | 2016 | Vancouver, Washington, United States | USD 145.48 M | USD 1.11 M | 19 | |
Virtual reality headsets are provided for immersive professional applications. | 2016 | Helsinki, Finland | USD 149.39 M | – | – | |
Virtual world games are facilitated through an NFT-based platform. | 2017 | Buenos Aires, Argentina | USD 25 M | – | – | |
AR-based content management software is offered for 3D product experiences. | 2018 | Toronto, Ontario, Canada | USD 2.1 M | USD 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.