About RestAR
RestAR is a company based in Tel Aviv (Israel) founded in 2017 by Shimon Vainer, Bar Saraf, and Danny Slavin was acquired by Unity in December 2020.. RestAR has raised $150 thousand across 1 funding round from investors including Unity and 500 Global. RestAR operates in a competitive market with competitors including Perfect Corp, Obsess, Marxent, Hexa3D and Emperia, among others.
- Headquarter Tel Aviv, Israel
- Founders Shimon Vainer, Bar Saraf, Danny Slavin
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Sectors
RetailTechnology
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Email
***********
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Phone
*********
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Website
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Social
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Senior Team
55 people
Sales and Marketing
46 people
Leadership Team
43 people
Software Development Team
35 people
Human Resources and Administration
27 people
Finance and Accounting
15 people
Legal and Compliance
13 people
Growth Team
10 people
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Funding Insights of RestAR
RestAR has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in July 2019. 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 1
- Last Round Seed — $150,000
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First Round
First Round
(22 Jul 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Seed - RestAR | Valuation | 500 Global |
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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 RestAR
RestAR has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Unity and 500 Global. 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 and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Unity is recognized as a leading real-time development platform.
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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 RestAR
| 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 - RestAR
| 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 |
Restar Comparisons
Competitors of RestAR
RestAR 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 Perfect Corp, Obsess, Marxent, Hexa3D and Emperia, 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 |
Provider of AI and AR-based virtual makeup application solutions
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| domain | founded_year | HQ Location |
Provider of virtual store solutions for retail brands
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| domain | founded_year | HQ Location |
Cloud-based virtual trial solutions are offered for home improvement visualization.
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| domain | founded_year | HQ Location |
SaaS platform for 3D content creation to enable AR/VR in commerce
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| domain | founded_year | HQ Location |
3D virtual solutions are offered online for fashion businesses.
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| domain | founded_year | HQ Location |
AR-based app for retail and eCommerce product visualization is provided.
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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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Frequently Asked Questions about RestAR
When was RestAR founded?
RestAR was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is RestAR located?
RestAR is headquartered in Tel Aviv, Israel.
Who is the current CEO of RestAR?
Bar Saraf is the current CEO of RestAR. They have also founded this company.
Is RestAR a funded company?
RestAR is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Jul 22, 2019.
What does RestAR do?
RestAR was founded in 2017 in Tel Aviv, Israel, focusing on the retail sector. An augmented reality application is offered to enable product visualization through computer vision and deep learning algorithms. A platform for creating 3D models is provided, along with SDKs for integration into existing products and applications. Operations center on enhancing retail experiences with immersive technology solutions.
Who are the top competitors of RestAR?
RestAR's top competitors include Perfect Corp, Obsess and Avataar.
Who are RestAR's investors?
RestAR has 2 investors. Key investors include Unity, and 500 Global.
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