About Mirai Reality
Mirai Reality is a Technology company based in Los Angeles (United States) founded in 2016 by Montana Reed, Ben Taft, and Matt Stern, and was acquired by Apple in June 2023. Smartphone-powered augmented reality headsets are offered by Mira. Mirai Reality has raised $18.11 million across 6 funding rounds from investors including Apple, Sequoia Capital and Happiness Ventures. Its chief executive, as recorded, is Ben Taft. The company was acqui-hired. Its focus areas include High Tech, Augmented Reality, Display Devices and Screen-based.
Company details
Mira was founded in 2016 in Los Angeles, United States, and operates in the augmented reality sector. The Prism headset is designed to integrate with compatible smartphones, such as iPhone 6, 6S, and 7, allowing users to access holographic overlays through the Mira app. A range of solo and collaborative experiences is supported, along with a remote featuring acceleration tracking, rotation sensing, a touchpad, trigger, and buttons.
- Headquarters Los Angeles, United States
- Founders Montana Reed, Ben Taft, Matt Stern
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website mirareality.com
- Social LinkedIn X Facebook
- Acquired by Apple (Jun 2023)
Funding Insights of Mirai Reality
Mirai Reality has successfully raised a total of $18.11M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $3.94 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 $18.11M
- Total Rounds 6
- Last Round Series A — $3.94M
- Investors Count 10
All 6 funding rounds of Mirai Reality with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | $3.94M | Series A | – | – | – |
| Jul 2020 | $13.17M | Series A | – | Sequoia Capital, Happiness Ventures | |
| Aug 2018 | $4M | Debt – Conventional | – | – | – |
| Oct 2017 | $1M | Debt – Conventional | – | – | – |
| Sep 2017 | $1M | Seed | – | Greylock, Founders Fund | – |
| Jul 2017 | Seed | – | Sequoia Capital, Troy Capital Partners |
11 investors in total: 9 institutional and 2 angel.
Investors in Mirai Reality
Mirai Reality has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Apple, Sequoia Capital and Happiness Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Early-stage deep technology investments are made by Happiness Ventures. | happinessvc.com | |||
| bluebearcap.com | ||||
Venture capital firm specializing in early-stage tech investments and founder support. | 1965 | greylock.com | ||
Venture capital investments in technology and defense sectors. | foundersfund.com | |||
Early stage venture capital firm | m.ventures | San Francisco, United States | ||
US early-stage tech investments are made by Troy Capital Partners. | troycapitalpartners.com | Los Angeles, United States | ||
A diversified investment holding company and family office is operated. | scubedcap.com | Menlo Park, United States | ||
Consumer electronics, computers, and software are designed and sold worldwide. | 1976 | apple.com | Cupertino, United States | |
JC Jens Christensen | Angel investor and entrepreneur, co-founder of BookMyShow, active in Indian startup ecosystem | unknown_eb4aeea78465499da |
Investor details for Mirai Reality
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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People of Mirai Reality
4 people are tracked at Mirai Reality (4 in leadership).
| Name | Role | Group |
|---|---|---|
Montana Reed | Co-Founder & CPO | Leadership |
Ben Taft | Co-Founder & CEO | Leadership |
Matt Stern | Co-Founder & COO | Leadership |
Evan Bovie | CTO | Leadership |
Complete people profiles for Mirai Reality
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Mirai Reality
4 dated milestones of Mirai Reality across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Mirai Reality is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $3.9M.
- Exit Acquired by Apple.
Top companies in Augmented & Virtual Reality Solutions
3 companies that operate in the same segment as Mirai Reality (Augmented & Virtual Reality Solutions) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Augmented reality mobile games are designed and developed. | 2011 | San Francisco, California, United States | USD 772.84 M | USD 166.77 K | 584 | |
Hardware-based iPad games for children are developed. | 2013 | Palo Alto, California, United States | USD 36 M | 112 | ||
Provider of wearable heads-up display for industrial workers | 2016 | Vancouver, Washington, United States | USD 145.48 M | USD 1.11 M | 19 |
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Frequently Asked Questions about Mirai Reality
Mirai Reality was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Mirai Reality is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Ben Taft is the CEO of Mirai Reality, as recorded in our data. They have also founded this company.
Mirai Reality is a funded company, having raised a total of $18.11M across 6 funding rounds to date.
Mira was founded in 2016 in Los Angeles, United States, and operates in the augmented reality sector. The Prism headset is designed to integrate with compatible smartphones, such as iPhone 6, 6S, and 7, allowing users to access holographic overlays through the Mira app. A range of solo and collaborative experiences is supported, along with a remote featuring acceleration tracking, rotation sensing, a touchpad, trigger, and buttons.
Mirai Reality has 11 investors. Key investors include Apple, Sequoia Capital, Happiness Ventures, Blue Bear Capital, and Greylock Partners.
Yes. Mirai Reality was acquired by Apple in June 2023.