About Wevr
Wevr is a company based in Los Angeles (United States) founded in 2010.. 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. Wevr operates in a competitive market with competitors including CCP Games, Within, nDreams, XR Games and WarDucks, among others.
- Headquarter Los Angeles, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45 M (USD)
in 10 rounds
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Latest Funding Round
$3.5 M (USD), Series C
Jun 05, 2024
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Investors
Epic Games
& 12 more
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Employee Count
Employee Count
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Products & Services of Wevr
Wevr offers a comprehensive portfolio of products and services, including Wevr Virtual Studio and Immersive Experiences. 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.
Platform for game and real-time 3D development
Services creating virtual reality content for brands
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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 Total Funding
- Total Rounds 10
- Last Round Series C — $3.5M
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First Round
First Round
(01 Oct 2010)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series C - Wevr | Valuation | HTC Corporation , Epic Games |
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| Feb, 2016 | Amount | Series C - Wevr | Valuation | Samsung Venture Investment , AME Cloud Ventures | |
| Jul, 2015 | Amount | Series B - Wevr | Valuation | HTC Corporation |
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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 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. 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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Investments are directed toward semiconductors, telecommunications, software, and medical sectors.
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Founded Year | Domain | Location | |
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AME Cloud Ventures is focused on investing in data-driven technology companies.
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Founded Year | Domain | Location | |
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Venture capital firm focused on crypto infra, and SaaS companies
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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 Wevr
| 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 - Wevr
| 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 |
Wevr Comparisons
Competitors of Wevr
Wevr 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 CCP Games, Within, nDreams, XR Games and WarDucks, 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 |
Video game developer specializing in the MMORPG and VR games
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| domain | founded_year | HQ Location |
Cinematic virtual reality content is developed and distributed globally.
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| domain | founded_year | HQ Location |
Indie VR games and entertainment content are developed by nDreams.
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| domain | founded_year | HQ Location |
VR games for mobile, console, and arcade platforms are developed.
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| domain | founded_year | HQ Location |
A game development studio based in Ireland.
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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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Latest news on Wevr
Frequently Asked Questions about Wevr
When was Wevr founded?
Wevr was founded in 2010.
Where is Wevr located?
Wevr is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Wevr a funded company?
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 Series B of $10M, raised on Oct 01, 2010.
What does Wevr do?
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.
Who are the top competitors of Wevr?
What products or services does Wevr offer?
Wevr offers Wevr Virtual Studio and Immersive Experiences.
Who are Wevr's investors?
Wevr has 13 investors. Key investors include Epic Games, HTC Corporation, Digital Garage, Samsung Ventures, and AME Cloud Ventures.
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