XYZ Reality

London, United Kingdom Founded: 2017 • Age: 9 yrs
Cloud-based augmented reality software is provided for construction professionals.
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About XYZ Reality

XYZ Reality is a company based in London (United Kingdom) founded in 2017 by David Mitchell.. XYZ Reality has raised $34.49 million across 2 funding rounds from investors including Cazoo, Tishman Speyer and Octopus Ventures. The company has 77 employees as of March 31, 2024. XYZ Reality offers products and services including XYZ Platform, Engineering Grade AR, and XYZ Atom. XYZ Reality operates in a competitive market with competitors including Procore, Hover, Fieldwire, PlanGrid and Nemetschek Group, among others.

  • Headquarter London, United Kingdom
  • Employees 77 as on 31 Mar, 2024
  • Founders David Mitchell
  • Sectors
    Real Estate & Construction
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Xyz Reality Limited
  • Date of Incorporation 09 Mar, 2017
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Technology → Extended, Virtual & Augmented Reality
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
    $5.87 M (USD)
    75
    as on Mar 31, 2024
  • Net Profit
    $-13.2 M (USD)
    -24
    as on Mar 31, 2024
  • EBITDA
    $-15.98 M (USD)
    -31
    as on Mar 31, 2024
  • Total Equity Funding
    $34.49 M (USD)

    in 2 rounds

  • Latest Funding Round
    $28.2 M (USD), Series A

    Jun 14, 2021

  • Investors
    Cazoo

    & 9 more

  • Employee Count
    77

    as on Mar 31, 2024

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Products & Services of XYZ Reality

XYZ Reality offers a comprehensive portfolio of products and services, including XYZ Platform, Engineering Grade AR, and XYZ Atom. 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.

Primary

Platform for unifying data and providing real-time insights in projects

Technology for accurate onsite validation and error detection

Tool for streaming real-time AR insights during construction

People of XYZ Reality
Headcount 10-50
Employee Profiles 19
Employee Profiles
People
David Mitchell
Founder & CEO
People
Yakub Zolynski
VP Of People
People
Gregory Burlat
Research Engineer
People
Harry Battu
Chief Revenue & Marketing Officer

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Funding Insights of XYZ Reality

XYZ Reality has successfully raised a total of $34.49M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $28.2 million completed in June 2021. 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 Rounds 2
  • Last Round Series A — $28.2M
  • First Round

    (02 Mar 2020)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Series A - XYZ Reality Valuation Cazoo , Octopus Ventures
Mar, 2020 Amount Series A - XYZ Reality Valuation Amadeus Capital , Hoxton Ventures
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 XYZ Reality

XYZ Reality has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Cazoo, Tishman Speyer and Octopus Ventures. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investment and support for founders in technology and health sectors.
Founded Year Domain Location
Venture capital funding is provided to technology startups by Adara Ventures.
Founded Year Domain Location
Early-stage deep technology investments are made by Amadeus Capital.
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 XYZ Reality

Investments
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 - XYZ Reality

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Xyz Reality Comparisons

Employees
+
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Competitors of XYZ Reality

XYZ Reality 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 Procore, Hover, Fieldwire, PlanGrid and Nemetschek Group, 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
SaaS project management software is provided for construction professionals.
domain founded_year HQ Location
Hover is recognized for providing construction and renovation software solutions.
domain founded_year HQ Location
A cloud-based collaboration platform is offered for construction project teams.
domain founded_year HQ Location
Provider of collaboration on web and mobile for field construction
domain founded_year HQ Location
Provider of management solutions for the construction sector
domain founded_year HQ Location
SaaS software for construction professionals' communication and collaboration is provided.
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 Xyz Reality

Frequently Asked Questions about XYZ Reality

When was XYZ Reality founded?

XYZ Reality was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is XYZ Reality located?

XYZ Reality is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of XYZ Reality?

David Mitchell is the current CEO of XYZ Reality. They have also founded this company.

Is XYZ Reality a funded company?

XYZ Reality is a funded company, having raised a total of $34.49M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.28M, raised on Mar 02, 2020.

How many employees does XYZ Reality have?

As of Mar 31, 2024, the latest employee count at XYZ Reality is 77.

What is the annual revenue of XYZ Reality?

Annual revenue of XYZ Reality is $5.87M as on Mar 31, 2024.

What does XYZ Reality do?

XYZ Reality was founded in 2017 and is based in London, United Kingdom. Operations focus on the construction technology sector, where cloud-based augmented reality software is delivered to professionals. Key services encompass 3D model viewing and analysis, engineering-grade 3D model handling, site coordination system management, error detection, and construction rework oversight. Additional tools support project efficiency in the built environment.

Who are the top competitors of XYZ Reality?

XYZ Reality's top competitors include Procore, Hover and Nemetschek Group.

What products or services does XYZ Reality offer?

XYZ Reality offers XYZ Platform, Engineering Grade AR, and XYZ Atom.

Who are XYZ Reality's investors?

XYZ Reality has 10 investors. Key investors include Cazoo, Tishman Speyer, Octopus Ventures, Adara Ventures, and Amadeus Capital Partners.

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