About Virtualness
Virtualness is a company based in Los Altos (United States) founded in 2022 by Saurabh Doshi and Kirthiga Reddy.. Virtualness has raised $8 million across 2 funding rounds from investors including Micron Technology, Polygon and Shorooq Partners. The company has 1 employees as of March 30, 2024. Virtualness offers products and services including Digital Certificates, Awards System, Event Solutions, Memberships Platform, and Product Authenticity. Virtualness operates in a competitive market with competitors including Hotmart, SamCart, FastSpring, NextPlat and SendOwl, among others.
- Headquarter Los Altos, United States
- Employees 1 as on 30 Mar, 2024
- Founders Saurabh Doshi, Kirthiga Reddy
-
Sectors
Retail
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Virtualness Technologies Private Limited
- Date of Incorporation 18 Nov, 2022
- Jurisdiction Bengaluru, Karnataka, India
-
Annual Revenue
$237.38 K (USD)0as on Mar 31, 2023
-
Net Profit
$23.18 K (USD)0as on Mar 31, 2023
-
EBITDA
$38.6 K (USD)0as on Mar 31, 2023
-
Total Equity Funding
$8 M (USD)
in 2 rounds
-
Latest Funding Round
-
Investors
Micron Technology
& 21 more
-
Employee Count
1
as on Mar 30, 2024
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 Virtualness
Virtualness offers a comprehensive portfolio of products and services, including Digital Certificates, Awards System, Event Solutions, Memberships Platform, and Product Authenticity. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secure system for issuing and verifying digital credentials via blockchain.
Platform for creating and sharing digital trophies and awards online.
Tools for ticketing, community building, and event mementos.
System for badging members and tracking participation securely.
Service for blockchain certificates to verify product ownership.
Platform for issuing verifiable digital learning badges.
Unlock access to complete
Funding Insights of Virtualness
Virtualness has successfully raised a total of $8M across 2 strategic funding rounds. 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 2
- Last Round Last Round
-
First Round
First Round
(17 Nov 2022)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series A - Virtualness | Valuation | Shorooq Partners , Ankurit Capital |
|
| Nov, 2022 | Amount | Seed - Virtualness | Valuation | Blockchange |
| 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 Virtualness
Virtualness has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Micron Technology, Polygon and Shorooq Partners. 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 |
|---|---|---|---|---|
|
Early-stage investments in tech companies are made by Shorooq Partners.
|
Founded Year | Domain | Location | |
|
Venture capital investments in startups leveraging digital public infrastructure for the everyday economy.
|
Founded Year | Domain | Location | |
|
Blockchange Ventures is focused on early-stage blockchain investments.
|
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 Virtualness
| 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 - Virtualness
| 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 |
Virtualness Comparisons
Competitors of Virtualness
Virtualness 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 Hotmart, SamCart, FastSpring, NextPlat and SendOwl, 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 |
Cloud-based eCommerce solution that enables merchants to sell digital products
|
|
| domain | founded_year | HQ Location |
eCommerce solutions are provided for direct-to-consumer brands.
|
|
| domain | founded_year | HQ Location |
Cloud-based subscription management and tax collection solutions are provided.
|
|
| domain | founded_year | HQ Location |
NextPlat is engaged in global e-commerce, healthcare, and communications solutions.
|
|
| domain | founded_year | HQ Location |
SaaS solutions for e-commerce digital product sales are offered.
|
| 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 Virtualness
Frequently Asked Questions about Virtualness
When was Virtualness founded?
Virtualness was founded in 2022.
Where is Virtualness located?
Virtualness is headquartered in Los Altos, United States. It is registered at Los Altos, California, United States.
Who is the current CEO of Virtualness?
Kirthiga Reddy is the current CEO of Virtualness. They have also founded this company.
Is Virtualness a funded company?
Virtualness is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $8M, raised on Nov 17, 2022.
How many employees does Virtualness have?
As of Mar 30, 2024, the latest employee count at Virtualness is 1.
What is the annual revenue of Virtualness?
Annual revenue of Virtualness is $237.38K as on Mar 31, 2023.
What does Virtualness do?
Virtualness was founded in 2022 and is headquartered in Los Altos, United States. E-commerce software solutions are offered by the company for businesses dealing in digital products. A mobile-first platform is provided, enabling the design and creation of branded digital collectibles such as art, videos, music, and tokens. Customizable templates and editing tools are included to support these operations within the digital goods sector.
Who are the top competitors of Virtualness?
Virtualness's top competitors include Hotmart, FastSpring and Whop.
What products or services does Virtualness offer?
Virtualness offers Digital Certificates, Awards System, Event Solutions, Memberships Platform, and 2 more products and services.
Who are Virtualness's investors?
Virtualness has 22 investors. Key investors include Micron Technology, Polygon, Shorooq Partners, NasDaily, and Ankurit Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.