Avatar Reality

Honolulu, United States Founded: 2006 • Age: 20 yrs
Operates an avatar-based social metaverse for users.

About Avatar Reality

Avatar Reality was a Technology company based in Honolulu (United States) founded in 2006 by Henk Rogers and Kazuyuki Hashimoto. It operates an avatar-based social metaverse for users. It operates on a B2C model. Avatar Reality has raised $4.2 million across 1 funding round from investors including Kolohala Ventures. The company is recorded as dissolved. Its focus areas include Social Media, Metaverse and Avatar-based Platforms. Its legal entity in India is Amf Wellness Tech Private Limited (U74140HR2015PTC057100). Its competitors include Riot Games, Electronic Arts and IMVU; 2 of its 3 listed competitors have raised funding.

Company details

Avatar Reality, established in 2006, excels in leveraging cutting-edge technology, managing social media platforms, metaverse, and avatar-based platforms. Operates an avatar-based social metaverse for users. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

Operational Areas
Key Metrics
  • Indian entity revenue
    ₹32,020

    FY 2020 · +7211% YoY

  • Indian entity net loss
    -₹7.2 Lakh

    FY 2020 · -2252% margin

  • Indian entity EBITDA
    -₹7.2 Lakh

    FY 2020 · -2240% margin

  • Total Equity Funding
    $4.2M (USD)

    in 1 rounds

  • Latest Funding Round
    $4.2M (USD), Series A

    Mar 2010

  • Investors

Funding Insights of Avatar Reality

Avatar Reality has successfully raised a total of $4.2M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.2 million completed in March 2010. 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 $4.2M
  • Total Rounds 1
  • Last Round Series A β€” $4.2M
  • First Round $4.2M

    (Mar 2010)

  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2010$4.2MSeries A––
Valuation history

1 investors in total: 1 institutional.

Investors in Avatar Reality

Avatar Reality has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Kolohala Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
kolohala.com
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Investor details for Avatar Reality

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Board of directors of Amf Wellness Tech Private Limited (Avatar Reality)

Amf Wellness Tech Private Limited is the primary company behind Avatar Reality. The board of Amf Wellness Tech Private Limited currently have 2 directors; the longest-serving is Parminder Kaul, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Parminder Kaul
DIN 02643568
Director30 Jan 20197 yrs 8 moAmf Wellness Tech Private Limited
Veer Jee Kaul
DIN 03378280
Director30 Jan 20197 yrs 8 moAmf Wellness Tech Private Limited

People of Avatar Reality

2 people are tracked at Avatar Reality (2 in leadership).

NameRoleGroup
Henk Rogers
Founder, ChairmanLeadership
Kazuyuki Hashimoto
Co-Founder, PresidentLeadership
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Complete people profiles for Avatar Reality

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Financials of Avatar Reality

Figures of Amf Wellness Tech Private Limited, the primary company behind Avatar Reality, for FY 2020. Revenue was ₹32,020 (+7211% year on year). Net loss was -₹7.2 Lakh (-2252% margin). EBITDA was -₹7.2 Lakh (-2240% margin). Revenue has grown at a compounded annual rate of -50% over three years.

  • ₹32,020Revenue · FY 2020 · +7211% YoY
  • -₹7.2 LakhNet loss · -2252% margin
  • -₹7.2 LakhEBITDA · -2240% margin
  • ₹2.4 LakhPaid-up capital
  • -50%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Amf Wellness Tech Private Limited are on its company page.

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Detailed financial statements for Avatar Reality

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Timeline of Avatar Reality

2 dated milestones of Avatar Reality across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Avatar Reality is founded.
  2. Funding First funding round of $4.2M.

Competitors of Avatar Reality

Avatar Reality has 3 listed competitors in our database, 2 of them funded. They include Riot Games, Electronic Arts and IMVU.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
riotgames.com2006San Francisco, United States$15M
Video games are developed and eSports tournaments are organized.
ea.com1982Redwood, United States956
Video game developers focused on core games
imvu.com2004Mountain View, United States$65M229
Provider of an online 3D avatar-based social network
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Detailed competitors of Avatar Reality

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Web traffic of Avatar Reality

Websites that share an audience with Avatar Reality (avatar-reality.com).

Similar websites

Websites whose visitors overlap most with Avatar Reality. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
metaplace.com
97%
View details

Top companies in Virtual Reality

3 companies that operate in the same segment as Avatar Reality (Virtual Reality) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
VR-based head-mounted displays for gaming are provided by Oculus.
2012Menlo Park, California, United StatesUSD 107.05 M
Provider of cloud and AI-based virtual tour solutions for construction professionals
2011Sunnyvale, California, United StatesUSD 163.18 M
Mood-altering virtual reality experiences are developed for wellness by TRIPP.
2016Los Angeles, California, United StatesUSD 26.25 M
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Related news about Avatar Reality

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Frequently Asked Questions about Avatar Reality

Avatar Reality was founded in 2006 and raised its 1st funding round 4 years after it was founded.

Avatar Reality is headquartered in Honolulu, United States. It is registered at Honolulu, Hawaii, United States.

Avatar Reality is a funded company, having raised a total of $4.2M across 1 funding round to date. The company's 1st funding round was a Series A of $4.2M, raised on Mar 2010.

The primary company behind Avatar Reality, Amf Wellness Tech Private Limited, reported revenue of β‚Ή32,020 for FY 2020, up 7211% year on year.

Avatar Reality, established in 2006, excels in leveraging cutting-edge technology, managing social media platforms, metaverse, and avatar-based platforms. Operates an avatar-based social metaverse for users. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

Avatar Reality's top competitors include Riot Games, Electronic Arts and IMVU.

Avatar Reality has 1 investor. Key investors include Kolohala Ventures.

Avatar Reality operates through Amf Wellness Tech Private Limited.

The legal entities of Avatar Reality currently have 2 directors, including Parminder Kaul, Veer Jee Kaul.

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