Wevr

Los Angeles, United States Founded: 2010 • Age: 16 yrs
VR content creation software is developed for storytellers worldwide.

About Wevr

Wevr is a Technology company based in Los Angeles (United States) founded in 2010. VR content creation software is developed for storytellers worldwide. Wevr has raised $45 million across 10 funding rounds from investors including Epic Games, HTC Corporation and Digital Garage. Wevr offers products and services including Wevr Virtual Studio and Immersive Experiences. Its focus areas include High Tech, Virtual Reality and Studios. Its competitors include Within and Spire Studios; 2 of its 2 listed competitors have raised funding.

Company details

Wevr was founded in 2010 in Los Angeles, United States, as a developer of software focused on virtual reality content creation. An open VR technology platform is provided, allowing storytellers to create, present, and publish projects across various VR headsets. A grant program is also operated to support virtual reality producers in their projects. Operations center on enabling accessible VR development tools within the technology sector.

Operational Areas
Key Metrics
  • Total Equity Funding
    $45M (USD)

    in 10 rounds

  • Latest Funding Round
    $3.5M (USD), Series C

    Jun 2024

  • Investors
    Epic Games

    & 12 more

Products & Services of Wevr

Wevr offers a comprehensive portfolio of products and services, including Wevr Virtual Studio and Immersive Experiences.

Wevr Virtual Studio
DevOps Platform

Platform for game and real-time 3D development

Immersive Experiences
VR/AR Services

Services creating virtual reality content for brands

Funding Insights of Wevr

Wevr has successfully raised a total of $45M across 10 strategic funding rounds. The most recent funding activity was a Series C round of $3.5 million completed in June 2024. 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 $45M
  • Total Rounds 10
  • Last Round Series C β€” $3.5M
  • First Round $2M

    (Oct 2010)

  • Investors Count 13

All 10 funding rounds of Wevr with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2024$3.5MSeries C–HTC Corporation, Epic Games
–
Feb 2016$25MSeries C–Samsung Venture Investment, AME Cloud Ventures
Jul 2015$10MSeries B–HTC Corporation
–
Mar 2015$1MGrant––
–
Jul 2014$750,000Series A––
–
Jun 2014Series A––
Oct 2012$2.5MSeries A–Digital Garage
Aug 2012$750,000Seed––
–
Mar 2012$500,000Seed––
–
Oct 2010$2MSeed––
–
Valuation history

13 investors in total: 11 institutional and 2 angel.

Investors in Wevr

Wevr has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Epic Games, HTC Corporation and Digital Garage.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments are directed toward semiconductors, telecommunications, software, and medical sectors.
samsungventures.comSeoul, South Korea
AME Cloud Ventures is focused on investing in data-driven technology companies.
amecloudventures.comPalo Alto, United States
Venture capital firm focused on crypto infra, and SaaS companies
boldstart.vcMiami, United States
Investments are directed toward startups and early-stage companies.
ventures.orange.comParis, France
Early-stage investments in US sectors are made by Max Ventures.
maxventures.vcNew York, United States
Brand of VIVE, exodus, and 5G products
1997htc.comTaipei, Taiwan
Marketing services with digital solutions for real estate are provided.
1995garage.co.jpTokyo, Japan
Madison Wells Media is engaged in media and entertainment production.
madisonwellsmedia.comCentury City, United States
Delivers retirement planning, portfolio, and wealth management services.
2004palantirinvestments.comHouston, United States
evolutionmedia.com
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Investor details for Wevr

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

People of Wevr

7 people are tracked at Wevr (3 in leadership, 1 in board & advisors, 3 in team).

NameRoleGroup
Neville Spiteri
Co-Founder & CEOLeadership
Anthony Batt
Co-Founder & EVP of ProductionsLeadership
Steve Galle
Director of VR productionLeadership
Scott Yara
Co-Founder & ChairmanBoard & advisors
Long Phan
Lead Technical ArtistTeam
Filip Kostic
Technical ArtistTeam
Nancy Bennett
Creative ConsultantTeam
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Complete people profiles for Wevr

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of Wevr

3 dated milestones of Wevr across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Wevr is founded.
  2. Funding First funding round of $2.0M.
  3. Funding Latest funding round, Series C, of $3.5M.

Competitors of Wevr

Wevr has 2 listed competitors in our database, 2 of them funded. They include Within and Spire Studios.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
with.in2014Los Angeles, United States$52.56M121
Cinematic virtual reality content is developed and distributed globally.
spirestudios.com2020Redwood, United States$20M36
3D animated films and metaverse experiences are developed.
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Detailed competitors of Wevr

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of Wevr

The website of Wevr (wevr.com) receives about 3.9K visits a month.

  • Monthly visits
    3.9K

    ▼ 45.8% vs previous month

Top companies in Virtual Reality

3 companies that operate in the same segment as Wevr (Virtual Reality) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Metaverse platforms and VR devices are developed for immersive interactions.
2004Menlo Park, California, United StatesUSD 200.97 B
VR-based head-mounted displays for gaming are provided by Oculus.
2012Menlo Park, California, United StatesUSD 107.05 M
Provider of cloud and AI-based virtual tour solutions for construction professionals
2011Sunnyvale, California, United StatesUSD 163.18 M
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Related news about Wevr

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Frequently Asked Questions about Wevr

Wevr was founded in 2010.

Wevr is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Wevr is a funded company, having raised a total of $45M across 10 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Oct 2010.

Wevr was founded in 2010 in Los Angeles, United States, as a developer of software focused on virtual reality content creation. An open VR technology platform is provided, allowing storytellers to create, present, and publish projects across various VR headsets. A grant program is also operated to support virtual reality producers in their projects. Operations center on enabling accessible VR development tools within the technology sector.

Wevr's top competitors include Within and Spire Studios.

Wevr offers Wevr Virtual Studio and Immersive Experiences.

Wevr has 13 investors. Key investors include Epic Games, HTC Corporation, Digital Garage, Samsung Ventures, and AME Cloud Ventures.

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