About Paragon AR
Paragon AR is a company based in Colombo (Sri Lanka) founded in 2015 was acquired by Bausch Health in February 2017.. Paragon AR operates in a competitive market with competitors including NexTech AR Solutions, Transmira, Poplar Studio, Aglet and Darabase, among others.
- Headquarter Colombo, Sri Lanka
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Sectors
Technology
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Bausch Health
(Feb 08, 2017)
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Funding Insights of Paragon AR
| 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 Paragon AR
Paragon AR has secured backing from 1 investor. Prominent investors backing the company include Bausch Health. 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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Therapeutics for multiple diseases including dermatology and neurology are developed.
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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 Paragon AR
| 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 - Paragon AR
| 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 |
Paragon Ar Comparisons
Competitors of Paragon AR
Paragon AR 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 NexTech AR Solutions, Transmira, Poplar Studio, Aglet and Darabase, 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 |
AR-based content management software is offered for 3D product experiences.
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| domain | founded_year | HQ Location |
Provider of XR cloud for smart cities
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| domain | founded_year | HQ Location |
Provider of augmented reality solutions for brands
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| domain | founded_year | HQ Location |
AR Sneaker shopping game
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| domain | founded_year | HQ Location |
AR permissions on physical locations are managed and monetized.
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| domain | founded_year | HQ Location |
Provides interactive mobile ads to boost brand recall and audience connections.
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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 Paragon AR
When was Paragon AR founded?
Paragon AR was founded in 2015.
Where is Paragon AR located?
Paragon AR is headquartered in Colombo, Sri Lanka. It is registered at Colombo, Western Province, Sri Lanka.
What does Paragon AR do?
Paragon Holdings was established in 2015 in Colombo, Sri Lanka. An augmented reality platform named ParagonAR is operated within the marketing technology sector. Images from a provided booklet are scanned by users via a mobile app, allowing superimposed video content, 3D models, and interactive AR experiences to be viewed. Compatibility is maintained for both iOS and Android devices, supporting global user access in marketing applications.
Who are the top competitors of Paragon AR?
Paragon AR's top competitors include NexTech AR Solutions, mCanvas and Poplar Studio.
Who are Paragon AR's investors?
Paragon AR has 1 investor. Key investors include Bausch Health.