ByondXR

Tel Aviv, Israel Founded: 2015 • Age: 11 yrs
Provider of an immersive AR, VR, and 360-degree content creation platform
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About ByondXR

ByondXR is a company based in Tel Aviv (Israel) founded in 2015 by Eran Galil and Noam Levavi.. ByondXR has raised $7 million across 1 funding round from investors including OurCrowd, Firstime Ventures and Peter Chu. ByondXR offers products and services including Home Décor Visualizer, Virtual Store, Virtual Showroom, Product Configurator, and AI Visualizer. ByondXR operates in a competitive market with competitors including Enduvo, Mindshow, Sketchbox, MAKAR and MasterpieceVR, among others.

  • Headquarter Tel Aviv, Israel
  • Founders Eran Galil, Noam Levavi
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7 M (USD)

    in 1 rounds

  • Latest Funding Round
    $7 M (USD), Seed

    Aug 11, 2021

  • Investors
    OurCrowd

    & 2 more

  • Employee Count
    Employee Count
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Products & Services of ByondXR

ByondXR offers a comprehensive portfolio of products and services, including Home Décor Visualizer, Virtual Store, Virtual Showroom, Product Configurator, and AI Visualizer. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Tool for digitally placing products in home environments for engagement.

Immersive online shopping space with AI for brand loyalty.

360-degree recreation of in-store experiences for customer interaction.

Allows users to design and experiment with product features digitally.

Converts 2D images into photorealistic scenes to inspire purchases.

People of ByondXR
Headcount 10-50
Employee Profiles 15
Employee Profiles
People
Gal Friedman
Advisor
People
Asaf Lahav
VP, R&D
People
Noam Levavi
Co-Founder & CEO
People
Charlie Even
Marketing Director

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Funding Insights of ByondXR

ByondXR has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Seed round of $7 million completed in August 2021. 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 Rounds 1
  • Last Round Seed — $7.0M
  • First Round

    (11 Aug 2021)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2021 Amount Seed - ByondXR Valuation Firstime , OurCrowd
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ByondXR

ByondXR has secured backing from 3 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include OurCrowd, Firstime Ventures and Peter Chu. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Firstime Ventures is focused on investing in sustainable technology companies.
Founded Year Domain Location
Network connecting investors to startups, venture capital funds, and alternatives
Founded Year Domain Location

Peter Chu

Indian angel investor, active in tech startups, based in India.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ByondXR

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ByondXR

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Byondxr Comparisons

Employees
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Competitors of ByondXR

ByondXR 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 Enduvo, Mindshow, Sketchbox, MAKAR and MasterpieceVR, 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
Platform providing solutions to create VR/AR contents
domain founded_year HQ Location
Provider of application to create, share and experience immersive VR content
domain founded_year HQ Location
Immersive VR training and assessment platform is provided for industries.
domain founded_year HQ Location
Provider of an augmented and virtual reality editing platform
domain founded_year HQ Location
Provider of a collaborative VR platform to create 3D models and artworks
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Byondxr

Frequently Asked Questions about ByondXR

When was ByondXR founded?

ByondXR was founded in 2015 and raised its 1st funding round 6 years after it was founded.

Where is ByondXR located?

ByondXR is headquartered in Tel Aviv, Israel.

Who is the current CEO of ByondXR?

Noam Levavi is the current CEO of ByondXR. They have also founded this company.

Is ByondXR a funded company?

ByondXR is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Seed of $7M, raised on Aug 11, 2021.

What does ByondXR do?

Byond provides a platform that allows enterprises to create immersive AR, VR, and 360-degree content. Clientele includes Google, Coca-Cola, Turner, Samsung, McCann, HP, KT, and Amdocs. Features include real-time publishing and managing content, drag and drop predefined objects with no prior coding requirement, reports and analysis, allows uploading of existing 2D, 3D or 360-degree content, and enterprise-wide scalability. The platform and content is compatible with Android, iOS, Oculus, HTC Vive, and Daydream.

Who are the top competitors of ByondXR?

ByondXR's top competitors include Mindshow, Enduvo and MasterpieceVR.

What products or services does ByondXR offer?

ByondXR offers Home Décor Visualizer, Virtual Store, Virtual Showroom, Product Configurator, and AI Visualizer.

Who are ByondXR's investors?

ByondXR has 3 investors. Key investors include OurCrowd, Firstime Ventures, and Peter Chu.

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