About Virtualness
Virtualness is a Retail company based in Los Altos (United States) founded in 2022 by Saurabh Doshi and Kirthiga Reddy. E-commerce software suites are provided for digital product businesses. Virtualness has raised $8 million across 2 funding rounds from investors including Micron Technology, Polygon and Shorooq Partners. The company has 1 employees. Its chief executive, as recorded, is Kirthiga Reddy. Its Indian entity Virtualness Technologies Private Limited reported revenue of ₹8.82 Cr. Virtualness offers products and services including Digital Certificates, Awards System, Event Solutions, Memberships Platform, and Product Authenticity. Its focus areas include E-Commerce Enablers and Digital Products. Its competitors include SamCart, FastSpring and NextPlat; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Los Altos, United States
- Employees 1
- Founders Saurabh Doshi, Kirthiga Reddy
- SectorsRetail
- Website virtualness.io
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Virtualness Technologies Private Limited
- Date of Incorporation 18 Nov, 2022
- Jurisdiction Bengaluru, Karnataka, India
- Indian entity revenue₹8.82 Cr
FY 2025 · -11% YoY
- Indian entity net profit₹100 Lakh
FY 2025 · 11% margin
- Indian entity EBITDA₹1.57 Cr
FY 2025 · 18% margin
- Total Equity Funding$8M (USD)
in 2 rounds
- InvestorsMicron Technology
& 21 more
- Employee Count1
Associated legal entities of Virtualness
Virtualness operates through Virtualness Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Virtualness Technologies Private Limited CIN U72900KA2022FTC168075 | Active | 18 Nov 2022 | Bengaluru, Karnataka | ₹8.8 Cr | 4 | View details |
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.
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.
Apps and channels of Virtualness
Virtualness publishes 1 mobile app; its YouTube channel Virtualness IO has 11 subscribers.
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 $8M
- Total Rounds 2
- First Round $8M
(Nov 2022)
- Investors Count 22
All 2 funding rounds of Virtualness with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | Series A | – | Shorooq Partners, Ankurit Capital | – | |
| Nov 2022 | $8M | Seed | – | Blockchange |
22 investors in total: 12 institutional and 10 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments in tech companies are made by Shorooq Partners. | 2016 | shorooq.com | Abu Dhabi, United Arab Emirates | |
Venture capital investments in startups leveraging digital public infrastructure for the everyday economy. | 2020 | ankuritcapital.com | Delhi, India | |
Blockchange Ventures is focused on early-stage blockchain investments. | blockchange.vc | New York, United States | ||
Investments are made in multiple sectors by F7 Ventures. | f7ventures.com | San Francisco, United States | ||
Early-stage venture capital investments are made by Oceans. | oceans.ventures | New York City, United States | ||
| neythrifuturesfund.com | ||||
| vc3dao.xyz | ||||
Early-stage companies are invested in by Better Capital. | bettercapital.vc | Santa Clara, United States | ||
FalconX is engaged in supporting startup founders and ventures. | falconx.vc | Milpitas, United States | ||
Gaming content including news, reviews, and podcasts is published online. | 2012 | polygon.com |
Investor details for Virtualness
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Virtualness Technologies Private Limited (Virtualness)
Virtualness Technologies Private Limited is the primary company behind Virtualness. The board of Virtualness Technologies Private Limited currently have 4 directors; the longest-serving is Srinivasan Sampathkumar, appointed in 2022. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srinivasan Sampathkumar DIN 09795992 | Director | 18 Nov 2022 | 3 yrs 11 mo | Virtualness Technologies Private Limited |
| Narendra Sathyakumar DIN 10117697 | Director | 18 Apr 2023 | 3 yrs 6 mo | Virtualness Technologies Private Limited |
| Sonal Agarwal DIN 10111915 | Director | 18 Apr 2023 | 3 yrs 6 mo | Virtualness Technologies Private Limited |
| Saraswathi Venkataraman DIN 10525444 | Director | 01 Mar 2024 | 2 yrs 8 mo | Virtualness Technologies Private Limited |
People of Virtualness
9 people are tracked at Virtualness (4 in leadership, 5 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Saurabh Doshi | Co-Founder | Leadership |
Kirthiga Reddy | Co-Founder & CEO | Leadership |
Mousumi Mishra | Head Of Marketing | Leadership |
| Head Of Finance And Accounting | Leadership | |
Sajal Raj Gupta | Lead Engineer | Team |
Narendra Jain | Of General Counsel | Team |
Lydia Winn | Partnerships Advisor | Team |
Suyog Patel | Design | Team |
Zankhna Gohil | iOS Developer | Team |
Complete people profiles for Virtualness
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Virtualness
Figures of Virtualness Technologies Private Limited, the primary company behind Virtualness, for FY 2025. Revenue was ₹8.82 Cr (-11% year on year). Net profit was ₹100 Lakh (11% margin). EBITDA was ₹1.57 Cr (18% margin).
- ₹8.82 CrRevenue · FY 2025 · -11% YoY
- ₹100 LakhNet profit · 11% margin
- ₹1.57 CrEBITDA · 18% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Virtualness Technologies Private Limited are on its company page.
Detailed financial statements for Virtualness
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Virtualness
3 dated milestones of Virtualness across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Virtualness is founded.
- Funding First funding round of $8.0M.
- Funding Latest funding round, Series A,.
Competitors of Virtualness
Virtualness has 3 listed competitors in our database, 1 of them funded. They include SamCart, FastSpring and NextPlat.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| samcart.com | 2013 | Fulton, United States | $100.6M | 1 | eCommerce solutions are provided for direct-to-consumer brands. | |
| fastspring.com | 2005 | Santa Barbara, United States | 94 | Cloud-based subscription management and tax collection solutions are provided. | ||
| nextplat.com | 2014 | Miami, United States | NextPlat is engaged in global e-commerce, healthcare, and communications solutions. |
Detailed competitors of Virtualness
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in E-Commerce Enablers & Infrastructure
3 companies that operate in the same segment as Virtualness (E-Commerce Enablers & Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 3,008 | |
Platform acquiring Amazon FBA brands | 2018 | Walpole, Massachusetts, United States | USD 3.4 B | 233 | ||
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | 576 |
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Related news about Virtualness
Complete news archive for Virtualness
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- Full article archive
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- Brand-specific news history
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Frequently Asked Questions about Virtualness
Virtualness was founded in 2022.
Virtualness is headquartered in Los Altos, United States. It is registered at Los Altos, California, United States.
Kirthiga Reddy is the CEO of Virtualness, as recorded in our data. They have also founded this 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 2022.
Virtualness has 1 employees.
The primary company behind Virtualness, Virtualness Technologies Private Limited, reported revenue of ₹8.82 Cr for FY 2025, down 11% year on year.
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.
Virtualness's top competitors include FastSpring, NextPlat and SamCart.
Virtualness offers Digital Certificates, Awards System, Event Solutions, Memberships Platform, and 2 more products and services.
Virtualness has 22 investors. Key investors include Micron Technology, Polygon, Shorooq Partners, NasDaily, and Ankurit Capital.
Virtualness operates through Virtualness Technologies Private Limited.
The legal entities of Virtualness currently have 4 directors, including Srinivasan Sampathkumar, Saraswathi Venkataraman, Narendra Sathyakumar and others.