About OMMO
OMMO is a company based in Dallas (United States) founded in 2015 by Minjie Zheng and Kyul Ko.. OMMO has raised $1 million across 3 funding rounds from investors including MassChallenge and K-Startup Grand Challenge. The company has 22 employees as of December 31, 2024. OMMO offers products and services including 3D Tracking System. OMMO operates in a competitive market with competitors including Occipital, Exxelia, Crunchfish, Mantis Vision and Ultraleap, among others.
- Headquarter Dallas, United States
- Employees 22 as on 31 Dec, 2024
- Founders Minjie Zheng, Kyul Ko
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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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Annual Revenue
$8.08 K (USD)-27as on Dec 31, 2017
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Net Profit
$6.3 K (USD)1448as on Dec 31, 2017
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EBITDA
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Total Equity Funding
$1 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
MassChallenge
& 1 more
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Employee Count
22
as on Dec 31, 2024
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Products & Services of OMMO
OMMO offers a comprehensive portfolio of products and services, including 3D Tracking System. 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.
Provides 3D motion tracking via permanent magnets for digital applications.
Unlock access to complete
Funding Insights of OMMO
OMMO has successfully raised a total of $1M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(24 Feb 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Grant - OMMO | Valuation |
investors |
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| Jun, 2020 | Amount | Grant - OMMO | Valuation |
investors |
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| Feb, 2017 | Amount | Seed - OMMO | Valuation |
investors |
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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 |
investors |
Investors in OMMO
OMMO has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include MassChallenge and K-Startup Grand Challenge. 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 entrepreneurs are accelerated through MassChallenge's program.
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Founded Year | Domain | Location | |
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Sector-agnostic acceleration is provided to startups through global programs.
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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 OMMO
| 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 - OMMO
| 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 |
Ommo Comparisons
Competitors of OMMO
OMMO 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 Occipital, Exxelia, Crunchfish, Mantis Vision and Ultraleap, 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 |
Augmented reality-based 3D scanners for mobile devices are provided.
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| domain | founded_year | HQ Location |
Position sensors and electronic components are manufactured by Exxelia.
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| domain | founded_year | HQ Location |
Touchless gesture recognition software is developed for device interactions.
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| domain | founded_year | HQ Location |
3D capturing technology is developed for mobile devices and scanners.
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| domain | founded_year | HQ Location |
Provider of spatial interaction technology solutions
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| domain | founded_year | HQ Location |
Immersive learning solutions are delivered via AR and VR tools.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about OMMO
When was OMMO founded?
OMMO was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is OMMO located?
OMMO is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of OMMO?
Minjie Zheng is the current CEO of OMMO. They have also founded this company.
Is OMMO a funded company?
OMMO is a funded company, having raised a total of $1M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Feb 24, 2017.
How many employees does OMMO have?
As of Dec 31, 2024, the latest employee count at OMMO is 22.
What is the annual revenue of OMMO?
Annual revenue of OMMO is $8.08K as on Dec 31, 2017.
What does OMMO do?
OMMO was founded in 2015 and is headquartered in Dallas, United States. Wearable gloves are developed for motion tracking in the augmented and virtual reality sectors. These gloves are integrated with a proprietary device to capture hand movements across six degrees of freedom. Operations focus on hardware solutions for immersive applications, with potential uses in training and simulation environments.
Who are the top competitors of OMMO?
OMMO's top competitors include Occipital, CTS Corporation and Ultraleap.
What products or services does OMMO offer?
OMMO offers 3D Tracking System.
Who are OMMO's investors?
OMMO has 2 investors. Key investors include MassChallenge, and K-Startup Grand Challenge.