Jido

Palo Alto, United States Founded: 2017 • Age: 9 yrs Acquired By Roblox
Development platform for augmented reality applications is provided.
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About Jido

Jido is a company based in Palo Alto (United States) founded in 2017 by Jaeyong Sung and Mark Stauber was acquired by Roblox in March 2023.. Jido has raised $2.22 million across 2 funding rounds from investors including Roblox, Khosla Ventures and Seraph Group. Jido operates in a competitive market with competitors including xVisioTech, Augmented Pixels, Univrses, Seene and Eonite, among others.

  • Headquarter Palo Alto, United States
  • Founders Jaeyong Sung, Mark Stauber
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Jido Inc
Operational Areas
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.22 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.1 M (USD), Seed

    Jul 19, 2018

  • Investors
    Roblox

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    Roblox

    (Mar 15, 2023)

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Funding Insights of Jido

Jido has successfully raised a total of $2.22M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.1 million completed in July 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 Rounds 2
  • Last Round Seed — $2.1M
  • First Round

    (01 Jun 2018)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2018 Amount Seed - Jido Valuation Khosla Ventures
Jun, 2018 Amount Seed - Jido Valuation

investors

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 Jido

Jido has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Roblox, Khosla Ventures and Seraph Group. 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
Investor Description Founded Year Domain Location
Early-stage startups are funded by this venture capital firm.
Founded Year Domain Location
VC firm investing in seed and early stage companies in the US
Founded Year Domain Location
Early-stage tech-focused VC firm funding companies in the US and China
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 Jido

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 - Jido

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

Jido Comparisons

Employees
+
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Competitors of Jido

Jido 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 xVisioTech, Augmented Pixels, Univrses, Seene and Eonite, 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
vSLAM solutions are provided for AR/VR/MR and robotics applications.
domain founded_year HQ Location
AR-based indoor navigation solutions are offered for robots and drones.
domain founded_year HQ Location
Computer vision and artificial intelligence software for autonomous driving and smart cities
domain founded_year HQ Location
3D capture is performed via smartphone app for virtual experiences.
domain founded_year HQ Location
3D mapping solutions are developed using depth sensors.
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 Jido

Frequently Asked Questions about Jido

When was Jido founded?

Jido was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Jido located?

Jido is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Who is the current CEO of Jido?

Mark Stauber is the current CEO of Jido. They have also founded this company.

Is Jido a funded company?

Jido is a funded company, having raised a total of $2.22M across 2 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Jun 01, 2018.

What does Jido do?

Founded in 2017 in Palo Alto, United States, a development platform for augmented reality applications is offered by Jido. An API is utilized to understand users spatial context, enabling persistence of AR experiences across devices and sessions. Locations of objects in 3D space are saved, allowing revisits and storage of content in physical spaces for discovery by others. AR sessions are shared among unlimited users in the augmented reality sector.

Who are the top competitors of Jido?

Jido's top competitors include Augmented Pixels, Univrses and xVisioTech.

Who are Jido's investors?

Jido has 6 investors. Key investors include Roblox, Khosla Ventures, Seraph Group, Outpost Capital, and GFR Fund.

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