Istari

Cambridge, United States Founded: 2022 • Age: 4 yrs
A metaverse-based digital twin platform for engineering is developed.
Annual revenue - Latest available
Total funding $62.7M 3 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Istari

Istari is a company based in Cambridge (United States) founded in 2022 by Will Roper and Chris Benson. Istari has raised $62.7 million across 3 funding rounds from investors including Eric Schmidt. Istari has completed 1 acquisition, including DGraph. Istari offers products and services including Digital Twins Software and Engineering Metaverse Tools. Istari operates in a competitive market with competitors including Theatro, ThoughtWire, 9Solutions, DataMesh and Inlight Labs, among others.

  • Headquarter Cambridge, United States
  • Founders Will Roper, Chris Benson
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Istari Digital, Inc.
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $62.7 M (USD)

    in 3 rounds

  • Latest Funding Round
    $22.65 M (USD), Series A

    Jul 15, 2026

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Istari

Istari offers a comprehensive portfolio of products and services, including Digital Twins Software and Engineering Metaverse Tools.

Product name locked
Category locked
Primary

Enables secure digital threads for engineering simulations and collaborations

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Facilitates distributed workflows across users and organizations

People of Istari

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Tom McCabe
COO & General Counsel
People
Will Roper
CEO & Founder
People
Chris Benson
CTO & Founder
People
Raphael Derbier
Principal AI Architect

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Funding Insights of Istari

Istari has successfully raised a total of $62.7M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $22.65 million completed in July 2026. 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.

Investors in Istari

Istari has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Eric Schmidt.

All
Angel
Investor Description Founded Year Domain Location

Eric Schmidt

Former Google CEO, angel investor, tech visionary supporting Indian startups
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Investor details for Istari

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Investments & Acquisitions by Istari

Istari has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DGraph.

Investments
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Investment portfolio details for Istari

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based open-source distributed graph database is provided for scalable queries.
Locked Locked 2016 Locked
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Complete acquisition details for Istari

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Financial Statements - Istari

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Detailed financials for Istari

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Istari Comparisons

Istari Primary company
Description
A metaverse-based digital twin platform for engineering is d...
Location
Cambridge, United States
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Istari

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Competitors of Istari

Istari 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 Theatro, ThoughtWire, 9Solutions, DataMesh and Inlight Labs, among others.

Company Name Domain Founded year HQ Location Description
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IoT and AI-based workforce communication platform is provided.
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IoT predictive maintenance platform for real-time issue resolution is provided.
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Indoor positioning wearables are developed for safety and productivity.
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Provider of augmented reality-based content creation tools
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IoT-enabled workforce and asset management is offered for facility operations.
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Wearable technology and AI software are developed for industrial safety.
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Detailed competitors of Istari

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Latest news on Istari

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Complete news archive for Istari

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Frequently Asked Questions about Istari

Istari was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Istari is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Will Roper is the current CEO of Istari. They have also founded this company.

Istari is a funded company, having raised a total of $62.7M across 3 funding rounds to date.

Istari was founded in 2022 and is headquartered in Cambridge, United States. A metaverse-based digital twin platform tailored for engineering applications is provided by the company. Collaboration on software-enabled physical systems is enabled through this platform. Digital threads are audited, projects are designed, tested, and reviewed for learning purposes, while workflow processes are streamlined to support engineering operations in the technology sector.

Istari's top competitors include 9Solutions, Theatro and Verve Motion.

Istari offers Digital Twins Software and Engineering Metaverse Tools.

Istari has made 1 acquisition, including DGraph.

Istari has 1 investor. Key investors include Eric Schmidt.

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