About 8th Wall
8th Wall is a company based in Palo Alto (United States) founded in 2016 was acquired by Niantic in March 2022.. 8th Wall has raised $10.4 million across 2 funding rounds from investors including Niantic, Norwest Venture Partners and The Venture Reality Fund. 8th Wall operates in a competitive market with competitors including Scandit, Chooch, Silo.AI, YITU and CrowdAI, among others.
- Headquarter Palo Alto, United States
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name 8Th Wall Inc
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Funding Insights of 8th Wall
8th Wall has successfully raised a total of $10.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in February 2018. 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 2
- Last Round Series A — $8.0M
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First Round
First Round
(28 Aug 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series A - 8th Wall | Valuation | Norwest Venture Partners | |
| Aug, 2017 | Amount | Seed - 8th Wall | Valuation | Norwest Venture Partners |
| 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 8th Wall
8th Wall has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Niantic, Norwest Venture Partners and The Venture Reality Fund. 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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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Founded Year | Domain | Location | |
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Early-stage tech-focused VC firm investing in geographies such as the US
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Founded Year | Domain | Location | |
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Early-stage tech investments in US companies are targeted.
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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 8th Wall
| 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 - 8th Wall
| 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 |
8Th Wall Comparisons
Competitors of 8th Wall
8th Wall 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 Scandit, Chooch, Silo.AI, YITU and CrowdAI, 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 SDK for smart data capture from barcodes, files, and IDs
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| domain | founded_year | HQ Location |
Generative computer vision solutions are offered for video stream analysis.
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| domain | founded_year | HQ Location |
Provider of customized AI-powered solutions
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| domain | founded_year | HQ Location |
AI-based decision intelligence platforms are provided for multiple sectors.
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| domain | founded_year | HQ Location |
Provider of image annotation solutions for autonomous vehicle, drones & satellite images
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| domain | founded_year | HQ Location |
Web-based tools for AR content creation are provided by Blippar.
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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 8Th Wall
Frequently Asked Questions about 8th Wall
When was 8th Wall founded?
8th Wall was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is 8th Wall located?
8th Wall is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is 8th Wall a funded company?
8th Wall is a funded company, having raised a total of $10.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.4M, raised on Aug 28, 2017.
What does 8th Wall do?
Founded in 2016 and based in Palo Alto, United States, the company operates in the augmented reality sector. A platform is provided for creating web-based AR applications through computer vision technology and a SLAM engine. Features such as lighting estimation, face filters, instant surface detection, image targets, camera frameworks, collaboration tools, and deployment management are included. Access is structured via a subscription-based model.
Who are the top competitors of 8th Wall?
8th Wall's top competitors include Scandit, Chooch and Robovision.
Who are 8th Wall's investors?
8th Wall has 8 investors. Key investors include Niantic, Norwest Venture Partners, The Venture Reality Fund, Sparkland Capital, and Shasta Ventures.
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