About 8i
8i is a company based in Los Angeles (United States) founded in 2014.. 8i has raised $41.5 million across 3 funding rounds from investors including Baidu, Verizon and Hearst. The company has 11 employees as of December 31, 2022. 8i operates in a competitive market with competitors including Imverse, TeeVR, VA, Cambridge InnoVision and Evercoast, among others.
- Headquarter Los Angeles, United States
- Employees 11 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name 8I Labs, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$41.5 M (USD)
in 3 rounds
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Latest Funding Round
$27 M (USD), Series B
Nov 22, 2016
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Investors
Baidu
& 27 more
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Employee Count
11
as on Dec 31, 2022
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Funding Insights of 8i
8i has successfully raised a total of $41.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $27 million completed in November 2016. 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 Total Funding
- Total Rounds 3
- Last Round Series B — $27.0M
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First Round
First Round
(07 Aug 2014)
- Investors Count 28
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Series B - 8i | Valuation | Time Warner Investments | |
| Oct, 2015 | Amount | Series A - 8i | Valuation | RRE Ventures , Founders Fund |
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| Aug, 2014 | Amount | Seed - 8i | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 8i
8i has secured backing from 28 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Baidu, Verizon and Hearst. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm focused on entertainment and wellness sectors
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Founded Year | Domain | Location | |
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Venture capital firm offering growth equity and credit for technology and healthcare companies.
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Founded Year | Domain | Location | |
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Venture capital investments are provided by BDMI to technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 8i
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 8i
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
8I Comparisons
Competitors of 8i
8i operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Imverse, TeeVR, VA, Cambridge InnoVision and Evercoast, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of volumetric capture solutions for AR/VR applications
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| domain | founded_year | HQ Location |
Provider of a virtual reality based robot to model indoor spaces
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| domain | founded_year | HQ Location |
Video production services are provided via an online platform.
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| domain | founded_year | HQ Location |
3D reconstruction technology for VR is developed from captured images.
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| domain | founded_year | HQ Location |
Cloud-based 3D video capture system for metaverse is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on 8I
Frequently Asked Questions about 8i
When was 8i founded?
8i was founded in 2014.
Where is 8i located?
8i is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of 8i?
Hayes Mackaman is the current CEO of 8i.
Is 8i a funded company?
8i is a funded company, having raised a total of $41.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Aug 07, 2014.
How many employees does 8i have?
As of Dec 31, 2022, the latest employee count at 8i is 11.
What does 8i do?
Proprietary volumetric video technology is offered by 8i, founded in 2014 and based in Los Angeles, United States. Videos from camera arrays are converted into 3D holograms with volume and depth. Content creation, distribution, and playback are enabled, along with integration tools for AR, VR, or MR applications. Holographic Virtual Reality (HVR) is produced using Oculus Rift technology.
Who are the top competitors of 8i?
8i's top competitors include Imverse, TeeVR and Embody Digital.
Who are 8i's investors?
8i has 28 investors. Key investors include Baidu, Verizon, Hearst, PTK Capital, and OneVentures.