About Marxent
Marxent is a company based in South Brunswick Township (United States) founded in 2011 by Barry Besecker. Marxent has raised $37.87 million across 9 funding rounds from investors including Stage 1 Ventures, Detroit Venture Partners and Barry Besecker. Marxent offers products and services including 3D Product Configurator, WebAR, 3D Room Planners, and 3D Modeling Services. Marxent operates in a competitive market with competitors including Perfect Corp, Obsess, Hexa3D, Streem and Emperia, among others.
- Headquarter South Brunswick Township, United States
- Founders Barry Besecker
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Sectors
ConsumerRetail Technology
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Phone
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Website
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Social
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- Legal Name Marxent Labs, Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$37.87 M (USD)
in 9 rounds
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Latest Funding Round
$7.5 M (USD), Series D
May 04, 2023
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Investors
Stage 1 Ventures
& 2 more
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Employee Count
Not available
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Products & Services of Marxent
Marxent offers a comprehensive portfolio of products and services, including 3D Product Configurator, WebAR, 3D Room Planners, and 3D Modeling Services.
Enables real-time product customization for furniture and home items
Provides AR experiences for configurable products on web platforms
Facilitates virtual room design and e-commerce integration
Offers professional 3D renders and panoramas for products
Funding Insights of Marxent
Marxent has successfully raised a total of $37.87M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $7.5 million completed in May 2023. 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 Marxent
Marxent has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Stage 1 Ventures, Detroit Venture Partners and Barry Besecker.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage US companies are invested in by Stage 1 Ventures.
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Tech focused VC firm that does seed and early stage investments in the US
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Barry Besecker |
Angel investor focusing on Indian startups, experienced in tech and consumer sectors.
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Investor details for Marxent
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Investments & Acquisitions by Marxent
Investment portfolio details for Marxent
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Financial Statements - Marxent
Detailed financials for Marxent
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Marxent Comparisons
Peer comparison for Marxent
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Competitors of Marxent
Marxent 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 Perfect Corp, Obsess, Hexa3D, Streem and Emperia, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of AI and AR-based virtual makeup application solutions
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Provider of virtual store solutions for retail brands
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SaaS platform for 3D content creation to enable AR/VR in commerce
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Home maintenance services are offered through innovative technology by Streem.
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3D virtual solutions are offered online for fashion businesses.
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Detailed competitors of Marxent
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Latest news on Marxent
Complete news archive for Marxent
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Frequently Asked Questions about Marxent
Marxent was founded in 2011.
Marxent is headquartered in South Brunswick Township, United States. It is registered at South Brunswick Township, New Jersey, United States.
Marxent is a funded company, having raised a total of $37.87M across 9 funding rounds to date.
Marxent was founded in 2011 and is headquartered in South Brunswick Township, United States. Cloud-based software solutions are provided to enable 3D visualization of furniture arrangements and styling for home improvement businesses. Services are targeted at furniture retailers and manufacturers, allowing virtual trials of product placements in real-world settings. Operations focus on the home improvement sector through accessible digital tools.
Marxent's top competitors include Perfect Corp, Obsess and Avataar.
Marxent offers 3D Product Configurator, WebAR, 3D Room Planners, and 3D Modeling Services.
Marxent has 3 investors. Key investors include Stage 1 Ventures, Detroit Venture Partners, and Barry Besecker.