Paracosm

Gainesville, United States Founded: 2013 • Age: 13 yrs Acquired By Occipital
Three-dimensional models are stitched from scanned environments using cloud-based application.
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About Paracosm

Paracosm is a company based in Gainesville (United States) founded in 2013 was acquired by Occipital in October 2017.. Paracosm has raised $6.4 million across 5 funding rounds from investors including iRobot, Occipital and Atlas Venture. Paracosm operates in a competitive market with competitors including Cognex, Higharc, GelSight, CubiCasa and Yardzen, among others.

  • Headquarter Gainesville, United States
  • Sectors
    Real Estate & Construction
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Technology → Robotics, Automation & Advanced Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.4 M (USD)

    in 5 rounds

  • Latest Funding Round
    $1.25 M (USD), Seed

    Jul 11, 2016

  • Investors
    iRobot

    & 7 more

  • Employee Count
    Employee Count
  • Acquired by
    Occipital

    (Oct 25, 2017)

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People of Paracosm
Headcount 10-50
Employee Profiles 24
Board Members and Advisors 6
Employee Profiles
People
Evgeniy Mukhlynin
3D Modeler
People
Zoe Silverman
Head Of People Experience
People
Kirill Portnoy
Quality Assurance Quality Control Engineer
People
Timur Kireev
3D Computer Vision Engineer

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Board Members and Advisors
people
Jeff Powers
Director, Co-Founder
people
Vikas Reddy
Director, Co-Founder
people
Jason Mendelson
Director
people
Manu Kumar
Director

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Funding Insights of Paracosm

Paracosm has successfully raised a total of $6.4M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $1.25 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 Rounds 5
  • Last Round Seed — $1.2M
  • First Round

    (25 Sep 2013)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2016 Amount Seed - Paracosm Valuation

investors

Feb, 2015 Amount Seed - Paracosm Valuation Atlas Venture
Jun, 2014 Amount Seed - Paracosm Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Paracosm

Paracosm has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include iRobot, Occipital and Atlas Venture. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm investing in life science and biotechnology sectors
Founded Year Domain Location
Venture capital firm focused on crypto infra, and SaaS companies
Founded Year Domain Location
Early-stage funding and guidance are provided to Florida entrepreneurs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Paracosm

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Paracosm

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Paracosm Comparisons

Employees
+
Add Comparison
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Competitors of Paracosm

Paracosm 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 Cognex, Higharc, GelSight, CubiCasa and Yardzen, 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.

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Optical equipment for micron-level surface geometry capture is offered.
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Digital floor plan developers
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Online landscape design platform
domain founded_year HQ Location
Provider of algorithmic 3D digital twin solutions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Paracosm

Frequently Asked Questions about Paracosm

When was Paracosm founded?

Paracosm was founded in 2013.

Where is Paracosm located?

Paracosm is headquartered in Gainesville, United States.

Is Paracosm a funded company?

Paracosm is a funded company, having raised a total of $6.4M across 5 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Sep 25, 2013.

What does Paracosm do?

Paracosm operates a cloud-based application to convert scanned places into three-dimensional models. The recorder app gathers visual and depth information from depth sensors embedded in 3D enabled devices, like Google Project Tango and Intels Real Sense. The information is then uploaded to the cloud, where the algorithm stitches the data points together to build a fully formed digital representation of the space. The models that are processed and hosted in the cloud can be viewed on the web or downloaded in a file format, for use in 3D modeling programs or game engines like Unity. Partnered with Googles Project Tango in March14.

Who are the top competitors of Paracosm?

Paracosm's top competitors include Higharc, Cognex and GelSight.

Who are Paracosm's investors?

Paracosm has 8 investors. Key investors include iRobot, Occipital, Atlas Venture, Boldstart Ventures, and New World Angels.

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