XYZ Reality

London, United Kingdom Founded: 2017 • Age: 9 yrs
Cloud-based augmented reality software is provided for construction professionals.
Annual revenue $5.9M Latest available
Total funding $34.5M 2 rounds
Employees 77 Tracked headcount
Investors 10 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Xyz Reality Limited
  • Date of Incorporation 09 Mar, 2017
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
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.

Product name locked
Category locked
Primary

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

Product name locked
Category locked
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Technology for accurate onsite validation and error detection

Product name locked
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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.

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.

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

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Investments & Acquisitions by XYZ Reality

Investments
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Investment portfolio details for XYZ Reality

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  • Transaction dates
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Financial Statements - XYZ Reality

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Detailed financials for XYZ Reality

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  • Profit trends
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Xyz Reality Comparisons

XYZ Reality Primary company
Description
Cloud-based augmented reality software is provided for const...
Location
London, United Kingdom
Founded Year
2017
Annual Revenue
$5.87 M (USD)
Net Profit
-$13.2 M (USD)
EBITDA
-$15.98 M (USD)
Employees
77
As of 2024
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Peer comparison for XYZ Reality

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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.

Company Name Domain Founded year HQ Location Description
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SaaS project management software is provided for construction professionals.
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Hover is recognized for providing construction and renovation software solutions.
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A cloud-based collaboration platform is offered for construction project teams.
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Provider of collaboration on web and mobile for field construction
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Provider of management solutions for the construction sector
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SaaS software for construction professionals' communication and collaboration is provided.
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Detailed competitors of XYZ Reality

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Latest news on Xyz Reality

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Complete news archive for XYZ Reality

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Frequently Asked Questions about XYZ Reality

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

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

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

XYZ Reality is a funded company, having raised a total of $34.49M across 2 funding rounds to date.

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

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

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.

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

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

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

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