About Mytaverse
Mytaverse is a company based in Miami (United States) founded in 2020.. Mytaverse has raised $9.18 million across 2 funding rounds from investors including Blumberg Capital, BASELAYER and Correlation Ventures. Mytaverse offers products and services including Metaverse Creation Plugin, Human Look Avatars, and Immersive Simulations. Mytaverse operates in a competitive market with competitors including Bigscreen, Glue, Arthur, The Wild and RemioVR, among others.
- Headquarter Miami, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Mytaverse Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.18 M (USD)
in 2 rounds
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Latest Funding Round
$1.58 M (USD), Seed
Aug 21, 2023
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Investors
Blumberg Capital
& 4 more
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Employee Count
Employee Count
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Products & Services of Mytaverse
Mytaverse offers a comprehensive portfolio of products and services, including Metaverse Creation Plugin, Human Look Avatars, and Immersive Simulations. 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.
Enables creation of custom metaverses for enterprise use.
Provides realistic avatars to enhance metaverse engagement.
Facilitates replication of real-world scenarios for training purposes.
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Funding Insights of Mytaverse
Mytaverse has successfully raised a total of $9.18M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.58 million completed in August 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.6M
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First Round
First Round
(19 Jan 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - Mytaverse | Valuation |
investors |
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| Jan, 2022 | Amount | Seed - Mytaverse | Valuation | Blumberg Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mytaverse
Mytaverse has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Blumberg Capital, BASELAYER and Correlation Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in early and growth stage technology companies.
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Founded Year | Domain | Location | |
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Early-stage startups are invested in by Baselayer venture capital fund.
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Founded Year | Domain | Location | |
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Venture capital firm focused on aerospace, biopharma, consumer, and multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mytaverse
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mytaverse
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mytaverse Comparisons
Competitors of Mytaverse
Mytaverse 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 Bigscreen, Glue, Arthur, The Wild and RemioVR, 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 |
Social virtual reality desktop app
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| domain | founded_year | HQ Location |
A cloud-based VR/AR platform for virtual professional collaboration is offered.
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| domain | founded_year | HQ Location |
Cloud-based virtual spaces are offered for enterprise collaboration.
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| domain | founded_year | HQ Location |
Immersive virtual collaboration is enabled for architecture and design teams.
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| domain | founded_year | HQ Location |
VR-based remote collaboration solutions using AI are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mytaverse
Frequently Asked Questions about Mytaverse
When was Mytaverse founded?
Mytaverse was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Mytaverse located?
Mytaverse is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Is Mytaverse a funded company?
Mytaverse is a funded company, having raised a total of $9.18M across 2 funding rounds to date. The company's 1st funding round was a Seed of $7.6M, raised on Jan 19, 2022.
What does Mytaverse do?
Mytaverse was founded in 2020 in Miami, United States, within the augmented reality sector. A digital hybrid workspace powered by Epic Games Unreal Engine is offered to simulate business operations and support workforce training. Device-independent access is enabled, along with three-dimensional immersive experiences that avoid VR goggles. Real-time multi-player interactions for face-to-face collaboration are facilitated across various applications.
Who are the top competitors of Mytaverse?
What products or services does Mytaverse offer?
Mytaverse offers Metaverse Creation Plugin, Human Look Avatars, and Immersive Simulations.
Who are Mytaverse's investors?
Mytaverse has 5 investors. Key investors include Blumberg Capital, BASELAYER, Correlation Ventures, Accelerator Ventures, and Alberto Peisach.