About Meta Quest
Meta Quest is a company based in Menlo Park (United States) founded in 2012 by Michael Antonov was acquired by Adobe in December 2019. It operates as a Direct-to-Consumer (D2C). Meta Quest has raised $107.05 million across 4 funding rounds from investors including Facebook, Adobe and Andreessen Horowitz. Meta Quest has completed 10 acquisitions, including 13th Lab, Beat Saber and Carbon Design Group. Meta Quest offers products and services including Meta Quest 3S, Meta Quest 3, Accessories, and Apps and Games. Meta Quest operates in a competitive market with competitors including Meta, Varjo, zSpace, bHaptics and Pimax, among others.
- Headquarter Menlo Park, United States
- Founders Michael Antonov
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Sectors
Media & EntertainmentRetail 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 Meta Platforms, Inc.
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Products & Services of Meta Quest
Meta Quest offers a comprehensive portfolio of products and services, including Meta Quest 3S, Meta Quest 3, Accessories, and Apps and Games. 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.
Advanced VR headset for immersive gaming experiences offered.
High-performance VR headset for enhanced user interaction provided.
Various accessories for VR headsets are made available.
Diverse apps and games for VR users are offered.
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Software Development Team
329 people
Leadership Team
94 people
Product Management Team
85 people
Operations Team
66 people
Legal and Compliance
63 people
Sales and Marketing
59 people
Data Analysis and Operations Team
35 people
Human Resources and Administration
34 people
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Funding Insights of Meta Quest
Meta Quest has successfully raised a total of $107.05M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in August 2022. 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 A — $8.0M
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First Round
First Round
(17 Jun 2013)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2022 | Amount | Series A - Meta Quest | Valuation |
investors |
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| May, 2022 | Amount | Series A - Meta Quest | Valuation |
investors |
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| Dec, 2013 | Amount | Series B - Meta Quest | Valuation | a16z |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Meta Quest
Meta Quest has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Facebook, Adobe and Andreessen Horowitz. 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 investments in technology sectors are handled by Andreessen Horowitz.
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Spark Capital is engaged in venture capital investments.
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Early-stage ventures are funded by the investment firm.
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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 Meta Quest
Meta Quest has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include 13th Lab, Beat Saber and Carbon Design Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Offers VR rhythm game
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2018 | ||||
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Blogs on multiple topics are published by Zurich Eye.
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2015 | ||||
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Real-time 3D scene reconstruction software is developed for VR applications.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Meta Quest
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Meta Quest Comparisons
Competitors of Meta Quest
Meta Quest 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 Meta, Varjo, zSpace, bHaptics and Pimax, 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 |
Metaverse platforms and VR devices are developed for immersive interactions.
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Virtual reality headsets are provided for immersive professional applications.
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| domain | founded_year | HQ Location |
AR/VR headsets and educational content are supplied for immersive learning.
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Wearable haptic devices for gaming are developed and produced.
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| domain | founded_year | HQ Location |
Gaming headsets are manufactured and branded by Pimax.
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| domain | founded_year | HQ Location |
High-end VR headsets are developed for enterprise prototyping and training.
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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 Meta Quest
Frequently Asked Questions about Meta Quest
When was Meta Quest founded?
Meta Quest was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Meta Quest located?
Meta Quest is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Is Meta Quest a funded company?
Meta Quest is a funded company, having raised a total of $107.05M across 4 funding rounds to date. The company's 1st funding round was a Series B of $75M, raised on Jun 17, 2013.
What does Meta Quest do?
Meta Quest is engaged in the development and distribution of virtual reality (VR) and mixed reality (MR) headsets, including models like Meta Quest 3S and Meta Quest 3. Various accessories to enhance user experience are provided alongside a wide range of apps and games tailored for VR environments. The company operates within the consumer electronics sector, targeting immersive technology solutions for gaming and interactive experiences.
Who are the top competitors of Meta Quest?
What products or services does Meta Quest offer?
Meta Quest offers Meta Quest 3S, Meta Quest 3, Accessories, and Apps and Games.
How many acquisitions has Meta Quest made?
Meta Quest has made 10 acquisitions, including 13th Lab, Beat Saber, and Carbon Design Group.
Who are Meta Quest's investors?
Meta Quest has 7 investors. Key investors include Facebook, Adobe, Andreessen Horowitz, Spark Capital, and Matrix.
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