About NextVR
NextVR is a company based in Laguna Beach (United States) founded in 2009 was acquired by Apple in April 2020.. NextVR has raised $115.5 million across 4 funding rounds from investors including Apple, NetEase Games and dick clark productions. NextVR operates in a competitive market with competitors including Rad., LiveLike, Boom.tv, Condense Live and Ceek, among others.
- Headquarter Laguna Beach, United States
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Sectors
Media & EntertainmentTechnology
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Phone
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Website
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Social
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Funding Insights of NextVR
NextVR has successfully raised a total of $115.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $80 million completed in July 2016. 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 4
- Last Round Series B — $80.0M
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First Round
First Round
(09 Sep 2014)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2016 | Amount | Series B - NextVR | Valuation | NetEase Games , CAHL |
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| Nov, 2015 | Amount | Series A - NextVR | Valuation | Formation 8 , Comcast Ventures | |
| May, 2015 | Amount | Series A - NextVR | Valuation |
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| 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 |
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Investors in NextVR
NextVR has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Apple, NetEase Games and dick clark productions. 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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Early-stage investments in small and medium-sized companies are targeted.
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Founded Year | Domain | Location | |
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Investments are directed toward early-stage B2B software and tech companies.
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VC Firm investing in the US
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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 NextVR
| 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 - NextVR
| 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 |
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Nextvr Comparisons
Competitors of NextVR
NextVR 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 Rad., LiveLike, Boom.tv, Condense Live and Ceek, 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 |
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| domain | founded_year | HQ Location |
Provider of a live TV channels streaming platform
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Provider of a VR-based audience engagement platform
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Developer of a Live streaming platform for casual eSports games
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| domain | founded_year | HQ Location |
A metaverse platform is offered for live streaming events.
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| domain | founded_year | HQ Location |
A virtual reality-based social content platform is provided by Ceek.
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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 Nextvr
Frequently Asked Questions about NextVR
When was NextVR founded?
NextVR was founded in 2009 and raised its 1st funding round 5 years after it was founded.
Where is NextVR located?
NextVR is headquartered in Laguna Beach, United States. It is registered at Laguna Beach, California, United States.
Is NextVR a funded company?
NextVR is a funded company, having raised a total of $115.5M across 4 funding rounds to date.
What does NextVR do?
NextVR was founded in 2009 and is based in Laguna Beach, United States. Virtual reality streaming services are provided on-demand, focusing on sports events and concerts. Users are enabled to experience live performances and competitions through immersive VR technology. Operations center on content delivery in the entertainment and digital media sector, with a platform designed for accessible virtual event participation across compatible devices.
Who are the top competitors of NextVR?
NextVR's top competitors include LiveLike, Replay Technologies and Condense Live.
Who are NextVR's investors?
NextVR has 12 investors. Key investors include Apple, NetEase Games, dick clark productions, Citic Guoan Information Industry, and Future Technology Systems.
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