About Virtroid
Virtroid is a company based in Santa Clara (United States) founded in 2014 was acquired by Magic Leap in August 2016.. Virtroid operates in a competitive market with competitors including Higharc, Magicplan, Urbanbase, CubiCasa and Yardzen, among others.
- Headquarter Santa Clara, United States
-
Sectors
Real Estate & Construction
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
Magic Leap
(Aug 15, 2016)
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
Funding Insights of Virtroid
| 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 Virtroid
Virtroid has secured backing from 1 investor. Prominent investors backing the company include Magic Leap. 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 |
|---|---|---|---|---|
|
Head-mounted virtual retinal displays for augmented reality viewing are provided.
|
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 Virtroid
| 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 - Virtroid
| 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 |
Virtroid Comparisons
Competitors of Virtroid
Virtroid 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 Higharc, Magicplan, Urbanbase, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
3D home plans are automatically generated for residential properties online.
|
|
| domain | founded_year | HQ Location |
Floor plans are created via AR-enabled mobile application.
|
|
| domain | founded_year | HQ Location |
Provider of algorithmic 3D digital twin solutions
|
|
| domain | founded_year | HQ Location |
Digital floor plan developers
|
|
| domain | founded_year | HQ Location |
Online landscape design platform
|
|
| domain | founded_year | HQ Location |
Platform for easy 2D and 3D floor plan creation and visualization tools.
|
| 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.
|
Frequently Asked Questions about Virtroid
When was Virtroid founded?
Virtroid was founded in 2014.
Where is Virtroid located?
Virtroid is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Who is the current CEO of Virtroid?
Rony Abovitz is the current CEO of Virtroid.
What does Virtroid do?
Founded in 2014 in Santa Clara, United States, Virtroid operated in the 3D media sector, focusing on real estate applications. A mobile app was developed to convert physical interior spaces into measurable 3D models using reconstruction algorithms. Virtual touring capabilities were included, along with tools for viewing, editing, and sharing 3D content. The company was acquired by Magic Leap in 2016.
Who are the top competitors of Virtroid?
Who are Virtroid's investors?
Virtroid has 1 investor. Key investors include Magic Leap.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.