About Passage
Passage is a company based in Winchester (United States) founded in 2022 by Lex Avellino. Passage has raised $6 million across 1 funding round from investors including Cosmostation, Akash Network and Vitwit. Passage offers products and services including Worldbuilding Tools, Social Tools, and Asset and Plugin Marketplace. Passage operates in a competitive market with competitors including Improbable, Hadean, Gravity Sketch Limited, Xmov and XVERSE, among others.
- Headquarter Winchester, United States
- Founders Lex Avellino
-
Sectors
Media & EntertainmentTechnology
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Passage Virtual, Llc
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$6 M (USD)
in 1 rounds
-
Latest Funding Round
$6 M (USD), Seed
Jul 27, 2023
-
Investors
Cosmostation
& 6 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Passage
Passage offers a comprehensive portfolio of products and services, including Worldbuilding Tools, Social Tools, and Asset and Plugin Marketplace.
No-code tools for creating customizable virtual worlds and environments.
Features for building and managing online social groups and interactions.
Marketplace for trading virtual assets and plugins for enhanced experiences.
People of Passage
Unlock access to complete
3d Team
1 people
Product Management Team
1 people
Leadership Team
1 people
Creative and Marketing Team
1 people
Unlock access to complete
Funding Insights of Passage
Passage has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Seed round of $6 million completed in July 2023. 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.
Investors in Passage
Passage has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Cosmostation, Akash Network and Vitwit.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Locked | Locked | Locked | |
|
Decentralized blockchain marketplace for cloud computing is operated.
|
Locked | Locked | Locked | |
|
Early-stage founders are supported by Druid Ventures for internet innovation.
|
Locked | Locked | Locked |
Investor details for Passage
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Passage
Investment portfolio details for Passage
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Passage
Detailed financials for Passage
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Passage Comparisons
Peer comparison for Passage
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Passage
Passage 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 Improbable, Hadean, Gravity Sketch Limited, Xmov and XVERSE, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Platform offering distributed simulation software for video games and corporate sectors
|
|
| Locked | Locked | Locked |
Provider of a metaverse development platform
|
|
| Locked | Locked | Locked |
Provider of a 3D sketching tool for VR applications
|
|
| Locked | Locked | Locked |
AI-based virtual digital human infrastructure is provided for media applications.
|
|
| Locked | Locked | Locked |
AI-powered platform for 3D content generation and display is developed.
|
|
| Locked | Locked | Locked |
A platform for creating metaverse experiences is developed.
|
Detailed competitors of Passage
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Passage
Complete news archive for Passage
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Passage
Passage was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Passage is headquartered in Winchester, United States. It is registered at Winchester, Virginia, United States.
Caleb Applegate is the current CEO of Passage.
Passage is a funded company, having raised a total of $6M across 1 funding round to date.
Developer of a decentralized virtual content creation platform. It lets users integrate 3D video chat, presentations, collaboration, social functionality, and E-commerce into the platform. Its virtual assets can be minted into NFTs that can be interacted with or traded.
Passage's top competitors include Improbable, Magnopus and Treasure.
Passage offers Worldbuilding Tools, Social Tools, and Asset and Plugin Marketplace.
Passage has 7 investors. Key investors include Cosmostation, Akash Network, Vitwit, Druid Ventures, and HyperChain Capital.