About Adimverse
Adimverse is a company based in Santa Monica (United States) founded in 2022 by Spencer Marell.. Adimverse has raised $5 million across 1 funding round from investors including cdixon and Andreessen Horowitz. The company has 10 employees as of December 31, 2022. Adimverse operates in a competitive market with competitors including IMVU, Meta, ZEPETO, VRChat and Hadean, among others.
- Headquarter Santa Monica, United States
- Employees 10 as on 31 Dec, 2022
- Founders Spencer Marell
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Sectors
TechnologyMedia & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Adim, 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
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Seed
Jun 07, 2022
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Investors
cdixon
& 1 more
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Employee Count
10
as on Dec 31, 2022
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Funding Insights of Adimverse
Adimverse has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5 million completed in June 2022. 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 1
- Last Round Seed — $5.0M
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First Round
First Round
(07 Jun 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Adimverse | Valuation | a16z |
| 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 Adimverse
Adimverse has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include cdixon and Andreessen Horowitz. 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 investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Venture capital firm investing in web3, startups, and innovative technologies.
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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 Adimverse
| 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 - Adimverse
| 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 |
Adimverse Comparisons
Competitors of Adimverse
Adimverse 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 IMVU, Meta, ZEPETO, VRChat and Hadean, 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 an online 3D avatar-based social network
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| domain | founded_year | HQ Location |
Metaverse platforms and VR devices are developed for immersive interactions.
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| domain | founded_year | HQ Location |
Metaverse social platform offering 3D character creation
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| domain | founded_year | HQ Location |
Provider of a VR-based social platform
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| domain | founded_year | HQ Location |
Provider of a metaverse development platform
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| domain | founded_year | HQ Location |
AI-powered mixed reality platform for advertising content 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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Frequently Asked Questions about Adimverse
When was Adimverse founded?
Adimverse was founded in 2022.
Where is Adimverse located?
Adimverse is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Is Adimverse a funded company?
Adimverse is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Seed of $5M, raised on Jun 07, 2022.
How many employees does Adimverse have?
As of Dec 31, 2022, the latest employee count at Adimverse is 10.
What does Adimverse do?
Adimverse was founded in 2022 in Santa Monica, United States, as a metaverse-based social platform. Connections between friends are facilitated, along with content sharing among users and fans. Avatars and characters are created by users for interactions on the platform. Operations focus on virtual social experiences within the metaverse sector, serving a global audience from its U.S. base.
Who are the top competitors of Adimverse?
Who are Adimverse's investors?
Adimverse has 2 investors. Key investors include cdixon, and Andreessen Horowitz.