The document provides an overview of the top funded business models in augmented reality (AR) and virtual reality (VR) applications over the past year, as reported by Tracxn Technologies. It lists the top 50 business models by amount of funding received, including AR/VR solutions for healthcare (such as surgical training/guidance), education, gaming, and more. For each business model, it provides details on the companies, funding amounts, and top funding rounds in that sector over the past year.

1. TRACXN TOP BUSINESS MODELS REPORT
September 03, 2021
AR VR - INDUSTRY APPLICATIONS

2. AR VR - Industry Applications - Top Business Models
Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
AR VR - Industry Applications Funding -
Overview
3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. AR VR - Industry Applications - Top Business Models
Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Funding in last 1
year
3
AR VR in Healthcare $224M
AR VR in Education $141M
AR VR in Gaming $140M
AR VR in Retail $117M
AR VR in Real Estate $100M
AR VR in Marketing and
Advertising
$515K
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Digital Catapult
Y Combinator
Lightspeed Venture
Partners
2
1
1
Early
Stage
Venture Reality Fund
YourNest
OCA Ventures
3
2
2
Late
Stage
Lux Capital
Qualcomm Ventures
Goldman Sachs
2
1
1
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (54%)
China (9%)
Taiwan (8%)
United Kingdom (7%)
Israel (6%)
India (5%)
Sweden (4%)
Others (7%)
$ Funding # Rounds
OpenSpace
(2017, United States)
$55.0M - Series C
Perfect Corp
(2014, Taiwan)
$50.0M - Series C
Proximie
(2016, United States)
$38.0M - Series B
Pico
(2015, China)
$37.4M - Series B
Augmedics
(2014, Israel)
$36.0M - Series C
AppliedVR
(2014, United States)
$29.0M - Series A
XYZ Reality
(2017, United Kingdom)
$28.2M - Series A
Osso VR
(2016, United States)
$27.0M - Series B
Resolution Games
(2015, Sweden)
$25.0M - Series C
Mursion
(2015, United States)
$20.0M - Series B
Tooth collar
(2017, China)
$20.0M - Series A
Virtuix Omni
(2013, United States)
$19.0M - Series A

4. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲5
Healthcare IT > Provider > Administrative Solutions >
HR > Learning & Development > Learning ..
$126M 7 Proximie | $38.0M | Series B Link
2▲11 AR Surgical Guidance $87.1M 7 Proximie | $38.0M | Series B Link
3▲11 Image Based Construction Site Progress Monitoring $55.0M 4 OpenSpace | $55.0M | Series C Link
4▲6 VR Surgical Training Platforms $51.0M 3 Osso VR | $27.0M | Series B Link
5▲4 VR for Patient Treatment $50.8M 4 AppliedVR | $29.0M | Series A Link
6-- VR for Healthcare Training $41.0M 2 Osso VR | $27.0M | Series B Link
7▲13 Virtual Reality Studios $40.4M 8 Multiverse E.. | $17.5M | Series A Link
8▲7 Surgical Navigation Systems $36.0M 10 Augmedics | $36.0M | Series C Link
9▼2 Training Solutions using VR $32.6M 7 Interplay Le.. | $18.0M | Series B Link
10-- PC and Console Casual VR Game Developers $29.0M 4 Resolution G.. | $25.0M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▲35 Digital Therapeutics for Stress and Anxiety $29.0M 2 AppliedVR | $29.0M | Series A Link
12-- Virtual Retail Stores $28.4M 3 Marxent | $15.0M | Series C Link
13▲17 AR Based Construction Visualization $28.2M 1 XYZ Reality | $28.2M | Series A Link
14-- VR Arcades $26.2M 2 Resolution G.. | $25.0M | Series C Link
15-- Mobile Casual VR Game Developers $25.0M 2 Avakin | $26.5M | Series A Link
16▲20 AR VR Based School Teaching Solutions $22.8M 3 PlayShifu | $17.0M | Series B Link
17-- VR based EHS Training $20.4M 3 Mursion | $20.0M | Series B Link
18--
Healthcare IT > Provider > Clinical Operations >
Decision Support > Diagnosis > Differential ..
$20.0M 1 Tooth collar | $20.0M | Series A Link
19▲21 PC and Console Core Game Developers $19.7M 34 Epic Games | $1.0B | Series E Link
20▲21 Mobile Core Game Developers $19.7M 19 Epic Games | $1.0B | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▼3 AR Based Home Design Visulization Platforms $19.7M 4 Marxent | $15.0M | Series C Link
22▲20 VR Enabled eSports Arenas $19.3M 2 Virtuix Omni | $19.0M | Series A Link
23▼15 Virtual Reality Based Learning $18.4M 3 Interplay Le.. | $18.0M | Series B Link
24-- VR based Education Content Platform $17.4M 6 Point Avenue | $12.0M | Series A Link
25▲13 AR VR Based Pre School Learning Solutions $17.0M 1 PlayShifu | $17.0M | Series B Link
26▼3 PC and Console Core VR Game Developers $16.7M 4 Survios | $16.7M | Series C Link
27-- CPG Brands Virtual Stores Solutions $13.4M 2 Obsess | $10.0M | Series A Link
28-- Online School Test Preparation Courses $12.0M 2 Point Avenue | $12.0M | Series A Link
29-- Neuro Psychiatric Therapy Devices $11.8M 3 Neuroelectrics | $17.9M | Series B Link
30▲17 AR Based Medical Training $10.0M 2 Virti | $10.0M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▼30 3D Home Design Rendering Platforms $7.0M 3 Avataar.me | $7.0M | Series A Link
32▼20 Ecommerce Virtual Trials $7.0M 2 Avataar.me | $7.0M | Series A Link
33▼8
Diagnostics (by Technology) > Devices and
Instruments > Imaging > Other Imaging Modalities >
..
$5.0M 1 Realview Imag.. | $5.0M | Series C Link
34▼29 AR for Entertainment $4.5M 3 Terra Virtua | $2.5M | Seed Link
35-- Mobile Mid Core AR Game Developers $4.5M 4 Aglet | $4.5M | Series A Link
36▲12 AR for Marketing & Advertising $4.5M 5 Aglet | $4.5M | Series A Link
37-- Real Estate Virtual Tours Software $4.5M 5 Hover | $60.0M | Series D Link
38-- Virtual School Laboratories $3.6M 2 Labster | $60.0M | Series C Link
39▼12 VR for Fitness $3.0M 1 Quell | $3.0M | Seed Link
40▲19 Wearable Fitness Gauntlet $3.0M 1 Quell | $3.0M | Seed Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41▼39 Construction VR Tours $2.7M 3 Gbuilder | $2.4M | Series A Link
42-- In Game Virtual Assets Marketplace $2.5M 4 DMarket | $3.0M | Series A Link
43-- VR based Language Learning $2.5M 1 Immerse | $2.5M | Series A Link
44▼40 Mobile Casual Game Developers $2.0M 38 Scopely | $340M | Series E Link
45▲8 Drone Flight Control System $2.0M 7 Iris Automat.. | $13.0M | Series B Link
46▼2 Internet First Eyewear Brands $1.0M 5 Pair | $12.0M | Series A Link
47▼2 Spatial Computing Wearables $1.0M 3 Nreal | $40.0M | Series B Link
48-- Game Development Plugins $650K 1 Anything World | $650K | Seed Link
49▼32 Head Mounted Displays $472K 2 Oroi | $472K | Seed Link
50-- BIM Authoring Software $471K 5 Urbanbase | $11.1M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Healthcare IT > Provider > Administrative Solutions > HR > Learning &
Development > Learning platforms > Simulation based > AR & VR
01
9
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$126M(▲122%)
7(▼30%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$217M
57
-
151
9
Healthcare IT (Amwell)
(# Cos: 28910 | $69.9B)
Provider (Doximity)
(# Cos: 21406 | $40.3B)
Administrative Solutions (Veeva Systems)
(# Cos: 8480 | $11.9B)
HR (MEDWING)
(# Cos: 2120 | $1.2B)
Learning & Development (Virohan)
(# Cos: 1581 | $690M)
Learning platforms (3D4Medical)
(# Cos: 1115 | $566M)
Simulation based (Augmedics)
(# Cos: 290 | $348M)
AR & VR (Osso VR)
(# Cos: 151 | $217M)
Osso VR
(2016, United States, $43.4M)
Augmedics
(2014, Israel, $63.0M)
Proximie
(2016, United States, $38.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Proximie (2016, United States)
$38.0M - Series B - Apr 2021
Augmedics (2014, Israel)
$36.0M - Series C - Mar 2021
Osso VR (2016, United States)
$27.0M - Series B - Jul 2021
Osso VR (2016, United States)
$14.0M - Series A - Sep 2020
Virti (2017, United States)
$10.0M - Series A - Jun 2021
Realize Medical (2019, Canada)
$1.0M - Seed - Apr 2021
Lumis (2017, United States)
$85.0K - Seed - Oct 2020

10. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Recent Funding Rounds
AR Surgical Guidance
02
10
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$87.1M(▲327%)
7(▲16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$125M
17
-
31
3
Augmented Reality (RealWear)
(# Cos: 3686 | $8.1B)
Applications (Scandit)
(# Cos: 2914 | $2.3B)
Medical (Proximie)
(# Cos: 144 | $176M)
Surgery Guidance (Augmedics)
(# Cos: 31 | $125M)
Augmedics
(2014, Israel, $63.0M)
Proximie
(2016, United States, $38.0M)
SentiAR
(2017, United States, $14.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Proximie (2016, United States)
$38.0M - Series B - Apr 2021
Augmedics (2014, Israel)
$36.0M - Series C - Mar 2021
SentiAR (2017, United States)
$5.6M - Series A - Nov 2020
SentiAR (2017, United States)
$5.1M - Series A - Apr 2021
SurgAR (2019, France)
$2.1M - Seed - Oct 2020
Comofi Medtech (2017, India)
$297K - Seed - Feb 2021
Cella Medical Solutions (2016, Spain)
Undisclosed - PE - Jul 2021

11. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Image Based Construction Site Progress
Monitoring
03
11
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$55.0M(▲246%)
4( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$127M
17
-
38
3
Construction Tech (Autodesk)
(# Cos: 5403 | $15.7B)
Project Management (Procore)
(# Cos: 2665 | $6.6B)
Site Monitoring (SiteAware)
(# Cos: 129 | $277M)
Progress (Indus AI)
(# Cos: 69 | $196M)
Image (OpenSpace)
(# Cos: 38 | $127M)
OpenSpace
(2017, United States, $88.3M)
OnSiteIQ
(2017, United States, $7.3M)
TraceAir
(2015, Russia, $7.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
OpenSpace (2017, United States)
$55.0M - Series C - Apr 2021
TraceAir (2015, Russia)
$3.5M - Series A - Jan 2021
IntelliSpeX (2016, United States)
$1.2M - Seed - Feb 2021
Constru (2018, Israel)
Undisclosed - Seed - Oct 2020

12. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Recent Funding Rounds
VR Surgical Training Platforms
04
12
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$51.0M(▲22.1%)
3(▼57.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$122M
45
1
126
7
Virtual Reality (Oculus)
(# Cos: 4848 | $7.3B)
Applications (Matterport)
(# Cos: 2600 | $2.4B)
Healthcare & Fitness (MindMaze)
(# Cos: 516 | $493M)
Medical Training (Osso VR)
(# Cos: 126 | $122M)
Osso VR
(2016, United States, $43.4M)
Health Scholars
(2017, United States, $17.0M)
Virti
(2017, United States, $10.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Osso VR (2016, United States)
$27.0M - Series B - Jul 2021
Osso VR (2016, United States)
$14.0M - Series A - Sep 2020
Virti (2017, United States)
$10.0M - Series A - Jun 2021

13. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Recent Funding Rounds
VR for Patient Treatment
05
13
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$50.8M(▲14.6%)
4(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$276M
76
1
242
8
Virtual Reality (Oculus)
(# Cos: 4848 | $7.3B)
Applications (Matterport)
(# Cos: 2600 | $2.4B)
Healthcare & Fitness (Osso VR)
(# Cos: 516 | $493M)
Patient Treatment (MindMaze)
(# Cos: 242 | $276M)
MindMaze
(2012, Switzerland, $119M)
Oxford VR
(2017, United Kingdom, $19.2M)
Floreo
(2016, United States, $8.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AppliedVR (2014, United States)
$29.0M - Series A - Mar 2021
Oncomfort (2017, Belgium)
$11.8M - Series A - Sep 2020
Rey (2020, United States)
$10.0M - Series A - Jul 2021
Changingday (2008, United Kingdom)
$945K - Seed - May 2021

14. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Recent Funding Rounds
VR for Healthcare Training
06
14
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$41.0M( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$43.4M
1
-
3
1
HRTech (Workday)
(# Cos: 29932 | $51.7B)
LMS (Kahoot)
(# Cos: 2664 | $5.4B)
Industry Specific (Instructure)
(# Cos: 1625 | $1.6B)
Healthcare (ClearPoint)
(# Cos: 59 | $52.8M)
Surgery Training (Medoptic)
(# Cos: 3 | $43.4M)
VR Based (Osso VR)
(# Cos: 3 | $43.4M)
Osso VR
(2016, United States, $43.4M)
Medoptic
(2017, United States)
iSimulate
(2011, Australia)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Osso VR (2016, United States)
$27.0M - Series B - Jul 2021
Osso VR (2016, United States)
$14.0M - Series A - Sep 2020

15. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Virtual Reality Studios
07
15
Back to index
Virtual Reality (Oculus)
(# Cos: 4848 | $7.3B)
Studios (CCP Games)
(# Cos: 639 | $671M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$40.4M(▲212%)
8(▼11.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
19
$671M
152
2
639
14
CCP Games
(1997, Iceland, $66.3M)
Within
(2014, United States, $56.6M)
Survios
(2013, United States, $70.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Multiverse En.. (2016, United States)
$17.5M - Series A - Apr 2021
Survios (2013, United States)
$16.7M - Series C - Oct 2020
Fast Travel Games (2016, Sweden)
$4.0M - Series B - Jul 2021
XR Games (2017, United Kingdom)
$2.1M - Series A - Aug 2021
Strange Reptile (2017, United States)
$100K - Seed - Mar 2021
Archiact (2013, Canada)
Undisclosed - Seed - Aug 2021
U24 Solutions (2017, United Kingdom)
Undisclosed - Seed - Feb 2021
View all 8 Funding Rounds on Tracxn Platform

16. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Surgical Navigation Systems
08
16
Back to index
Surgical Instruments (Intuitive)
(# Cos: 670 | $6.4B)
Navigation Systems (Augmedics)
(# Cos: 132 | $531M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$36.0M(▲140%)
10(▼47.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
21
$531M
94
5
132
8
Augmedics
(2014, Israel, $63.0M)
Sensome
(2014, France, $21.0M)
Sonavex
(2013, United States, $15.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Augmedics (2014, Israel)
$36.0M - Series C - Mar 2021
Checkpoint Su.. (2009, United States)
$16.0M - Series B - Jun 2021
Endostart (2018, Italy)
$10.0M - Series B - Jun 2021
Insight Medic.. (2017, United States)
$8.0M - Series A - Mar 2021
OnLume (2015, United States)
$7.0M - Series A - Jan 2021
Z Imaging (2016, United States)
$1.3M - Series A - Jan 2021
Navigate Surgical (2011, Canada)
$821K - Seed - Dec 2020
View all 10 Funding Rounds on Tracxn Platform

17. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Training Solutions using VR
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$32.6M(▼31.5%)
7(▲40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$213M
53
2
241
8
Virtual Reality (Oculus)
(# Cos: 4848 | $7.3B)
Applications (Matterport)
(# Cos: 2600 | $2.4B)
Education & Training (Strivr)
(# Cos: 656 | $313M)
Multi-disciplinary (ESI Group)
(# Cos: 241 | $213M)
ESI Group
(1973, France)
Strivr
(2015, United States, $51.6M)
Interplay Learning
(2016, United States, $26.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Interplay Lea.. (2016, United States)
$18.0M - Series B - Feb 2021
TRANSFR VR (2017, United States)
$12.0M - Series A - Nov 2020
Moth+Flame (2015, United States)
$2.6M - Seed - May 2021
VRAI (2017, United Kingdom)
$1.4M - Seed - Oct 2020
Warpin media (2016, Sweden)
$709K - Seed - Sep 2021
Aucta (2019, Germany)
$682K - Seed - Dec 2020
The Moon Hub (2016, United Kingdom)
Undisclosed - Seed - Oct 2020

18. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Recent Funding Rounds
PC and Console Casual VR Game
Developers
10
18
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$29.0M( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$70.8M
18
-
51
4
PC & Console Gaming (Team17)
(# Cos: 3981 | $13.8B)
Game Developers (Electronic Arts)
(# Cos: 3158 | $11.1B)
PC & Console Games (Riot Games)
(# Cos: 2468 | $8.2B)
Casual Games (JAM CITY)
(# Cos: 1483 | $1.9B)
VR Games (Resolution Games)
(# Cos: 51 | $70.8M)
Resolution Games
(2015, Sweden, $38.5M)
Lucid Sight
(2015, United States, $9.9M)
Fast Travel Games
(2016, Sweden, $6.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Resolution Games (2015, Sweden)
$25.0M - Series C - Jul 2021
ForeVR (2020, United States)
$7.0M - Series A - Jul 2021
Fast Travel Games (2016, Sweden)
$4.0M - Series B - Jul 2021
ForeVR (2020, United States)
$1.5M - Seed - Dec 2020

19. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Digital Therapeutics for Stress and
Anxiety
11
19
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$29.0M(▲2026%)
2(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$117M
23
-
51
2
Healthcare IT (Doximity)
(# Cos: 28910 | $69.9B)
Value Based Care (Grand Rounds)
(# Cos: 6101 | $22.8B)
Patient Engagement (Omada Health)
(# Cos: 2165 | $7.3B)
Digital Therapeutics (Livongo)
(# Cos: 557 | $3.6B)
Mental Health (Pear Therapeutics)
(# Cos: 143 | $1.0B)
Stress & Anxiety (SilverCloud)
(# Cos: 51 | $117M)
SilverCloud
(2011, United States, $30.0M)
AppliedVR
(2014, United States, $35.0M)
TAO Connect
(2014, United States, $1.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AppliedVR (2014, United States)
$29.0M - Series A - Mar 2021
Blue Note The.. (2018, United States)
$26.3M - Series A - Feb 2021

20. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Marxent (2011, United States)
$15.0M - Series C - Jan 2021
Obsess (2017, United States)
$10.0M - Series A - Jun 2021
Obsess (2017, United States)
$3.4M - Series A - Oct 2020
Virtual Retail Stores
12
20
Back to index
In Store Retail Tech (Klarna)
(# Cos: 5708 | $15.5B)
Customer Experience Management (Shopkick)
(# Cos: 802 | $1.9B)
Virtual Stores (Obsess)
(# Cos: 37 | $48.9M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$28.4M( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$48.9M
12
-
37
2
Obsess
(2017, United States, $13.4M)
Marxent
(2011, United States, $30.4M)
Cimagine Media
(2012, Israel, $524K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

21. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Recent Funding Rounds
XYZ Reality (2017, United Kingdom)
$28.2M - Series A - Jun 2021
AR Based Construction Visualization
13
21
Back to index
Construction Tech (Procore)
(# Cos: 5403 | $15.7B)
Visualization (Hover)
(# Cos: 337 | $919M)
Augmented Reality (Augment)
(# Cos: 89 | $43.9M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$28.2M(▲332%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$43.9M
24
-
89
2
Augment
(2011, France, $4.8M)
Visual Vocal
(2015, United States, $4.1M)
XYZ Reality
(2017, United Kingdom, $34.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

22. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
VR Arcades
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$26.2M( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$143M
17
2
222
2
Virtual Reality (Oculus)
(# Cos: 4848 | $7.3B)
Applications (Matterport)
(# Cos: 2600 | $2.4B)
Entertainment (Wave)
(# Cos: 370 | $562M)
VR Arcades (Resolution Games)
(# Cos: 222 | $143M)
Resolution Games
(2015, Sweden, $38.5M)
Tyffon
(2011, United States, $11.2M)
Smaaash Entertainment
(2009, India, $61.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Resolution Games (2015, Sweden)
$25.0M - Series C - Jul 2021
Microgravity (2019, India)
$1.2M - Seed - Mar 2021

23. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Mobile Casual VR Game Developers
15
23
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$25.0M( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$79.9M
8
-
22
4
Mobile Gaming (JAM CITY)
(# Cos: 8186 | $18.0B)
Game Developers (Riot Games)
(# Cos: 7509 | $14.4B)
Casual (Zynga)
(# Cos: 5993 | $5.5B)
VR Games (Resolution Games)
(# Cos: 22 | $79.9M)
Resolution Games
(2015, Sweden, $38.5M)
Avakin
(2013, United Kingdom, $27.8M)
WarDucks
(2014, Ireland, $5.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Avakin (2013, United Kingdom)
$26.5M - Series A - Oct 2020
Resolution Games (2015, Sweden)
$25.0M - Series C - Jul 2021

24. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
AR VR Based School Teaching Solutions
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$22.8M(▲527%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$67.8M
32
-
97
5
K-12 EdTech (Unacademy)
(# Cos: 15474 | $33.2B)
B2B2C Learning Solutions (Wonder Workshop)
(# Cos: 1365 | $4.7B)
School Curriculum (DreamBox)
(# Cos: 980 | $3.5B)
Multi Subject (Nearpod)
(# Cos: 868 | $2.7B)
Activity Based Learning (JumpStart)
(# Cos: 317 | $892M)
AR and VR (PlayShifu)
(# Cos: 97 | $67.8M)
PlayShifu
(2016, India, $29.9M)
ThingLink
(2010, United States, $5.2M)
3DBear
(2016, United States, $4.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
PlayShifu (2016, India)
$17.0M - Series B - Apr 2021
Practically (2018, India)
$4.0M - Series A - Jan 2021
3DBear (2016, United States)
$1.8M - Seed - Apr 2021

25. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
VR based EHS Training
17
25
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$20.4M( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$38.1M
7
-
21
1
Virtual Reality (Oculus)
(# Cos: 4848 | $7.3B)
Applications (Matterport)
(# Cos: 2600 | $2.4B)
Education & Training (ESI Group)
(# Cos: 656 | $313M)
EHS Training (Mursion)
(# Cos: 21 | $38.1M)
Mursion
(2015, United States, $35.6M)
PIXO VR
(2015, United States, $400K)
3D Media
(2017, United States, $1.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Mursion (2015, United States)
$20.0M - Series B - Nov 2020
PIXO VR (2015, United States)
$400K - Seed - Mar 2021
Pixaera (2019, United States)
Undisclosed - Seed - May 2021

26. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Healthcare IT > Provider > Clinical Operations > Decision Support >
Diagnosis > Differential Diagnosis > Diagnostics > Devices and platform >
Dental
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$20.0M( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$125M
5
1
19
1
Healthcare IT (Amwell)
(# Cos: 28914 | $69.9B)
Provider (Doximity)
(# Cos: 21410 | $40.3B)
Clinical Operations (DeepMind)
(# Cos: 3566 | $15.8B)
Decision Support (Personalis)
(# Cos: 3305 | $15.5B)
Diagnosis (Strand Life Sciences)
(# Cos: 1915 | $8.4B)
Differential Diagnosis (Eko)
(# Cos: 1618 | $8.0B)
Diagnostics (LumiraDx)
(# Cos: 370 | $2.1B)
Devices and platform (Siemens
Healthineers)
(# Cos: 370 | $2.1B)
Dental (Align Technology)
(# Cos: 19 | $125M)
Align Technology
(1997, United States, $105M)
MouthWatch
(2012, United States)
Tooth collar
(2017, China, $20.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Tooth collar (2017, China)
$20.0M - Series A - Jul 2021

27. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
PC and Console Core Game Developers
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$19.7M(▲571%)
34(▲25.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
123
$6.3B
372
47
985
28
PC & Console Gaming (Team17)
(# Cos: 3981 | $13.8B)
Game Developers (Electronic Arts)
(# Cos: 3158 | $11.1B)
PC & Console Games (JAM CITY)
(# Cos: 2468 | $8.2B)
Core Games (Riot Games)
(# Cos: 985 | $6.3B)
Riot Games
(2006, United States, $15.0M)
Electronic Arts
(1982, United States)
Codemasters
(1986, United Kingdom, $98.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Epic Games (1991, United States)
$1.0B - Series E - Apr 2021
Dapper Labs (2018, Canada)
$305M - Series C - Mar 2021
Dapper Labs (2018, Canada)
$250M - Series B - Feb 2021
ProbablyMonst.. (2016, United States)
$200M - Series A - Jun 2021
That's No Moon (2007, United States)
$100M - Series D - Jul 2021
Npixel (2017, South Korea)
$85.8M - Series B - Aug 2021
Rockstar Games (1998, United States)
$40.8M - Series C - Sep 2020
View all 34 Funding Rounds on Tracxn Platform

28. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Epic Games (1991, United States)
$1.0B - Series E - Apr 2021
Npixel (2017, South Korea)
$85.8M - Series B - Aug 2021
Multiverse En.. (2016, United States)
$17.5M - Series A - Apr 2021
Critical Force (2012, Finland)
$10.0M - Series B - Jan 2021
Madfinger Ga.. (2009, Czech Republic)
$6.1M - Series A - May 2021
Starform (2018, United States)
$5.0M - Series A - Aug 2021
Horizon (2015, United States)
$4.5M - Seed - Jul 2021
View all 19 Funding Rounds on Tracxn Platform
Mobile Core Game Developers
20
28
Back to index
Mobile Gaming (JAM CITY)
(# Cos: 8186 | $18.0B)
Game Developers (Zynga)
(# Cos: 7509 | $14.4B)
Core (Riot Games)
(# Cos: 540 | $6.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$19.7M(▲571%)
19( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
24
$6.5B
195
25
540
18
Riot Games
(2006, United States, $15.0M)
Electronic Arts
(1982, United States)
Kabam
(2006, United States, $245M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

29. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
AR Based Home Design Visulization
Platforms
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$19.7M(▲44.4%)
4( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$72.9M
31
-
98
3
Home Improvements (Wayfair)
(# Cos: 5033 | $11.6B)
Enabler (Modsy)
(# Cos: 266 | $888M)
Visualization Tool (Avataar.me)
(# Cos: 182 | $759M)
Augmented Reality (Streem)
(# Cos: 98 | $72.9M)
Streem
(2017, United States, $10.5M)
Marxent
(2011, United States, $30.4M)
Hullabalook
(2016, United Kingdom, $4.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Marxent (2011, United States)
$15.0M - Series C - Jan 2021
Threedy.ai (2018, United States)
$2.2M - Seed - Dec 2020
Augmented Pix.. (2010, United States)
$2.0M - Series A - Feb 2021
Infurnia (2014, India)
$471K - Seed - Sep 2020

30. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Virtuix Omni (2013, United States)
$19.0M - Series A - Mar 2021
Virtuix Omni (2013, United States)
$278K - Series B - Apr 2021
VR Enabled eSports Arenas
22
30
Back to index
eSports (Skillz)
(# Cos: 1347 | $10.9B)
eSports Arenas (Nerd Street Gamers)
(# Cos: 8 | $54.5M)
VR Enabled (Virtuix Omni)
(# Cos: 2 | $42.5M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$19.3M(▲653%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$42.5M
1
-
2
1
Virtuix Omni
(2013, United States, $42.5M)
Arcadia
(2018, Canada)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

31. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Interplay Lea.. (2016, United States)
$18.0M - Series B - Feb 2021
PIXO VR (2015, United States)
$400K - Seed - Mar 2021
The Moon Hub (2016, United Kingdom)
Undisclosed - Seed - Oct 2020
Virtual Reality Based Learning
23
31
Back to index
HRTech (Workday)
(# Cos: 29932 | $51.7B)
LMS (Kahoot)
(# Cos: 2664 | $5.4B)
VR Based (Strivr)
(# Cos: 53 | $104M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$18.4M(▼61.3%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$104M
17
-
53
3
Strivr
(2015, United States, $51.6M)
Interplay Learning
(2016, United States, $26.1M)
Talespin
(2015, United States, $20.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

32. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
VR based Education Content Platform
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$17.4M( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$52.7M
58
1
239
4
Virtual Reality (Oculus)
(# Cos: 4848 | $7.3B)
Applications (Matterport)
(# Cos: 2600 | $2.4B)
Education & Training (ESI Group)
(# Cos: 656 | $313M)
Education Content Platform
(3DBear)
(# Cos: 239 | $52.7M)
3DBear
(2016, United States, $4.4M)
Merge
(2014, United States, $10.1M)
Pathstream
(2018, United States, $12.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Point Avenue (2018, Vietnam)
$12.0M - Series A - Mar 2021
Inspirit (2020, United States)
$3.6M - Seed - Jan 2021
3DBear (2016, United States)
$1.8M - Seed - Apr 2021
ACKTEC Technologies (2015, Singapore)
$1.0M - Seed - Mar 2021
Embright Infotech (2017, India)
$40.9K - Seed - Oct 2020
Pathstream (2018, United States)
Undisclosed - Series B - Aug 2021

33. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
PlayShifu (2016, India)
$17.0M - Series B - Apr 2021
AR VR Based Pre School Learning
Solutions
25
33
Back to index
Pre-K EdTech (Brightwheel)
(# Cos: 1372 | $2.2B)
B2B2C Learning Solutions (Moomin Language
School)
(# Cos: 6 | $31.8M)
AR VR Based (PlayShifu)
(# Cos: 2 | $29.9M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$17.0M(▲415%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$29.9M
2
-
2
1
PlayShifu
(2016, India, $29.9M)
Blue Hat Interactive E..
(2010, China)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

34. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
PC and Console Core VR Game
Developers
26
34
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$16.7M(▲67%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$111M
15
-
28
2
PC & Console Gaming (Team17)
(# Cos: 3981 | $13.8B)
Game Developers (Electronic Arts)
(# Cos: 3158 | $11.1B)
PC & Console Games (JAM CITY)
(# Cos: 2468 | $8.2B)
Core Games (Riot Games)
(# Cos: 985 | $6.3B)
VR Games (Survios)
(# Cos: 28 | $111M)
Survios
(2013, United States, $70.9M)
WarDucks
(2014, Ireland, $5.9M)
BigBox VR
(2016, United States, $6.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Survios (2013, United States)
$16.7M - Series C - Oct 2020
Thirdverse (2020, Japan)
$8.5M - Series A - Oct 2020
Thirdverse (2020, Japan)
Undisclosed - Series B - Aug 2021
Supermassive.. (2008, United Kingdom)
Undisclosed - Seed - Mar 2021

35. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Obsess (2017, United States)
$10.0M - Series A - Jun 2021
Obsess (2017, United States)
$3.4M - Series A - Oct 2020
CPG Brands Virtual Stores Solutions
27
35
Back to index
Brands Tech (The Hut Group)
(# Cos: 682 | $14.5B)
Customer Experience Management (Namogoo)
(# Cos: 86 | $352M)
Virtual Stores (Obsess)
(# Cos: 4 | $13.5M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$13.4M( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$13.5M
3
-
4
1
Obsess
(2017, United States, $13.4M)
Adloid
(2020, United States, $80.0K)
BrandLab Fashion
(2016, United Kingdom)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

36. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Online School Test Preparation Courses
28
36
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$12.0M( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$13.6M
8
-
90
1
Test Preparation Tech (Vedantu)
(# Cos: 2477 | $7.3B)
Digital Learning (Unacademy)
(# Cos: 2286 | $7.2B)
School (Edkasa)
(# Cos: 103 | $13.6M)
Self-Paced (TagHive)
(# Cos: 90 | $13.6M)
TagHive
(2017, South Korea)
Edkasa
(2017, Pakistan, $320K)
Stairway Learning
(2018, United Kingdom, $1.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Point Avenue (2018, Vietnam)
$12.0M - Series A - Mar 2021
Edkasa (2017, Pakistan)
$320K - Seed - Apr 2021

37. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Neuro Psychiatric Therapy Devices
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$11.8M( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$429M
38
2
48
4
Neurology (Biogen)
(# Cos: 2463 | $28.8B)
Medical Devices (Impel NeuroPharma)
(# Cos: 879 | $5.7B)
Therapeutic Devices (Nexstim)
(# Cos: 616 | $4.7B)
Psychiatric (NeuroStar)
(# Cos: 48 | $429M)
NeuroStar
(2003, United States, $79.3M)
Freespira
(2013, United States, $26.4M)
Neuronetics
(2001, United States, $178M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Neuroelectrics (2011, Spain)
$17.9M - Series B - Nov 2020
Oncomfort (2017, Belgium)
$11.8M - Series A - Sep 2020
Freespira (2013, United States)
$10.0M - Series C - Oct 2020

38. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
AR Based Medical Training
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$10.0M(▲796%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$12.4M
10
-
41
1
Augmented Reality (RealWear)
(# Cos: 3686 | $8.1B)
Applications (Scandit)
(# Cos: 2914 | $2.3B)
Medical (Augmedics)
(# Cos: 144 | $176M)
Medical Training (Virti)
(# Cos: 41 | $12.4M)
Virti
(2017, United States, $10.1M)
BioflightVR
(2015, United States)
Anatomy Next
(2013, United States, $318K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Virti (2017, United States)
$10.0M - Series A - Jun 2021
8chili (2019, United States)
Undisclosed - Seed - Jan 2021

39. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
3D Home Design Rendering Platforms
31
39
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$7.0M(▼95.4%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$513M
22
-
44
3
Home Improvements (Wayfair)
(# Cos: 5033 | $11.6B)
Enabler (Modsy)
(# Cos: 266 | $888M)
Visualization Tool (Streem)
(# Cos: 182 | $759M)
3D Rendering (Avataar.me)
(# Cos: 44 | $513M)
Avataar.me
(2014, India, $10.1M)
iStaging
(2007, Taiwan, $5.0M)
Cylindo
(2010, Denmark, $450M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Avataar.me (2014, India)
$7.0M - Series A - Oct 2020
LiveFurnish (2016, United States)
$1.1M - Seed - Sep 2020
Roomored (2014, United States)
Undisclosed - Seed - Sep 2020

40. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Ecommerce Virtual Trials
32
40
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$7.0M(▼70.6%)
2(▼60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$224M
38
-
86
3
E-Commerce Enablers (Shopify)
(# Cos: 8431 | $36.1B)
Customer Experience Management (Algolia)
(# Cos: 967 | $2.9B)
Virtual Trial (Ditto)
(# Cos: 341 | $864M)
Multi Category (True Fit)
(# Cos: 86 | $224M)
True Fit
(2005, United States, $118M)
Avataar.me
(2014, India, $10.1M)
ThreeKit
(2005, United States, $30.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Avataar.me (2014, India)
$7.0M - Series A - Oct 2020
BRIKL (2016, Belgium)
$2.4M - Seed - Nov 2020

41. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Diagnostics (by Technology) > Devices and Instruments >
Imaging > Other Imaging Modalities > Holographic
33
41
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$5.0M(▼50%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$25.0M
2
-
3
1
Diagnostics (by Technology) (Illumina)
(# Cos: 5444 | $44.5B)
Devices and Instruments (Quanterix)
(# Cos: 2384 | $14.6B)
Imaging (T2 Biosystems)
(# Cos: 677 | $5.0B)
Other Imaging Modalities (Magnetic
Insight)
(# Cos: 29 | $120M)
Holographic (Realview Imaging)
(# Cos: 3 | $25.0M)
Realview Imaging
(2008, Israel, $25.0M)
Kumudha Health Tech
(2017, India)
CellOptic
(2004, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Realview Imaging (2008, Israel)
$5.0M - Series C - Aug 2021

42. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Terra Virtua (2016, United Kingdom)
$2.5M - Seed - Nov 2020
JetSynthesys (2012, India)
$2.0M - Angel - Jul 2021
Krikey (2017, United States)
Undisclosed - Series A - Dec 2020
AR for Entertainment
34
42
Back to index
Augmented Reality (RealWear)
(# Cos: 3686 | $8.1B)
Applications (Scandit)
(# Cos: 2914 | $2.3B)
Entertainment (JetSynthesys)
(# Cos: 462 | $157M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$4.5M(▼93.4%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$157M
63
-
462
3
JetSynthesys
(2012, India, $93.7M)
Terra Virtua
(2016, United Kingdom, $2.5M)
Play Impossible
(2014, United States, $1.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

43. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Mobile Mid Core AR Game Developers
35
43
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$4.5M( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$94.1M
48
3
106
2
Mobile Gaming (Riot Games)
(# Cos: 8186 | $18.0B)
Game Developers (Zynga)
(# Cos: 7509 | $14.4B)
Mid-Core (Machine Zone)
(# Cos: 967 | $2.4B)
Multi Genre (Supercell)
(# Cos: 846 | $2.3B)
AR Games (Nintendo)
(# Cos: 106 | $94.1M)
Nintendo
(1889, United States)
Illumix
(2017, United States, $11.6M)
Six to Start
(2008, United Kingdom, $100K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Aglet (2019, United Kingdom)
$4.5M - Series A - Dec 2020
Role (2015, United States)
$2.8M - Seed - Aug 2021
Cerberus Inte.. (2016, United States)
$400K - Seed - Oct 2020
Krikey (2017, United States)
Undisclosed - Series A - Dec 2020

44. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Aglet (2019, United Kingdom)
$4.5M - Series A - Dec 2020
LITT (2019, Australia)
$1.5M - Seed - Mar 2021
ROAR (2015, United States)
$515K - Seed - Nov 2020
tagSpace (2014, Australia)
Undisclosed - Seed - Nov 2020
Transmira (2013, United States)
Undisclosed - Angel - Dec 2020
AR for Marketing & Advertising
36
44
Back to index
Augmented Reality (RealWear)
(# Cos: 3686 | $8.1B)
Applications (Scandit)
(# Cos: 2914 | $2.3B)
Marketing & Advertising (Aberdeen)
(# Cos: 329 | $36.1M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$4.5M(▲449%)
5( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$36.1M
44
1
329
0
Aberdeen
(1988, United States, $10.7M)
NexTech AR Solutions
(2018, Canada, $2.1M)
tagSpace
(2014, Australia, $623K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

45. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Real Estate Virtual Tours Software
37
45
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$4.5M( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$252M
62
-
309
6
Real Estate IT (Qualia)
(# Cos: 3121 | $4.0B)
Marketing (Placester)
(# Cos: 1082 | $699M)
Virtual Tours (iStaging)
(# Cos: 435 | $305M)
Software (Hover)
(# Cos: 309 | $252M)
Hover
(2011, United States, $147M)
iStaging
(2007, Taiwan, $5.0M)
Floored
(2012, United States, $6.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hover (2011, United States)
$60.0M - Series D - Nov 2020
Realync (2012, United States)
$22.0M - Series A - Nov 2020
Giraffe360 (2016, United Kingdom)
$4.5M - Series A - Nov 2020
SmartVizX (2014, India)
$373K - Series A - Apr 2021
PropVR (2016, India)
$16.6K - Seed - Mar 2021

46. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Virtual School Laboratories
38
46
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$3.6M( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$107M
12
-
27
2
K-12 EdTech (Unacademy)
(# Cos: 15474 | $33.2B)
B2B2C Learning Solutions (Wonder Workshop)
(# Cos: 1365 | $4.7B)
School Curriculum (DreamBox)
(# Cos: 980 | $3.5B)
Multi Subject (Nearpod)
(# Cos: 868 | $2.7B)
Activity Based Learning (JumpStart)
(# Cos: 317 | $892M)
Virtual Labs (Labster)
(# Cos: 27 | $107M)
Labster
(2011, United States, $100M)
Inspirit
(2020, United States, $3.9M)
Lab4U
(2013, Chile)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Labster (2011, United States)
$60.0M - Series C - Feb 2021
Inspirit (2020, United States)
$3.6M - Seed - Jan 2021

47. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
VR for Fitness
39
47
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$3.0M(▼66.9%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$30.6M
16
-
54
1
Virtual Reality (Oculus)
(# Cos: 4848 | $7.3B)
Applications (Matterport)
(# Cos: 2600 | $2.4B)
Healthcare & Fitness (MindMaze)
(# Cos: 516 | $493M)
Fitness (FitXR)
(# Cos: 54 | $30.6M)
FitXR
(2016, United Kingdom, $11.0M)
VirZOOM
(2015, United States, $12.2M)
Quell
(2000, United Kingdom, $3.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Quell (2000, United Kingdom)
$3.0M - Seed - Dec 2020

48. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Wearable Fitness Gauntlet
40
48
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$3.0M(▲1900%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$3.1M
1
-
1
0
Fitness & Wellness Tech (Gympass)
(# Cos: 14836 | $15.6B)
Physical Fitness (Fitbit)
(# Cos: 9110 | $12.2B)
Smart Exercising Equipment (Peloton)
(# Cos: 166 | $3.3B)
Virtual Experience (FitXR)
(# Cos: 52 | $27.7M)
Non VR-Based (Tacx)
(# Cos: 30 | $3.3M)
Wearable Gauntlet (Quell)
(# Cos: 1 | $3.1M)
Quell
(2000, United Kingdom, $3.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Quell (2000, United Kingdom)
$3.0M - Seed - Dec 2020

49. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Construction VR Tours
41
49
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$2.7M(▼96.2%)
3(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$184M
56
-
163
4
Construction Tech (Procore)
(# Cos: 5403 | $15.7B)
Visualization (Hover)
(# Cos: 337 | $919M)
Virtual Tour (Floored)
(# Cos: 202 | $208M)
Virtual Reality (IrisVR)
(# Cos: 163 | $184M)
IrisVR
(2014, United States, $10.4M)
InstaVR
(2015, United States, $7.2M)
InsiteVR
(2014, United States, $1.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Gbuilder (2013, Finland)
$2.4M - Series A - Mar 2021
SmartVizX (2014, India)
$373K - Series A - Apr 2021
Inspace XR (2017, Australia)
Undisclosed - Seed - Jan 2021

50. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
In Game Virtual Assets Marketplace
42
50
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$2.5M( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$62.5M
37
-
162
1
Gaming Tech (Oculus)
(# Cos: 2256 | $6.9B)
Ecommerce (GameFly)
(# Cos: 260 | $125M)
Marketplace (TCGplayer.com)
(# Cos: 197 | $113M)
In Game Virtual Assets (Terra
Virtua)
(# Cos: 162 | $62.5M)
Terra Virtua
(2016, United Kingdom, $2.5M)
DMarket
(2017, Ukraine, $9.5M)
Itemku
(2014, Indonesia, $1.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
DMarket (2017, Ukraine)
$3.0M - Series A - Oct 2020
Terra Virtua (2016, United Kingdom)
$2.5M - Seed - Nov 2020
GameyGram (2019, United States)
$25.0K - Seed - Mar 2021
GamesBandy (2020, Egypt)
Undisclosed - Seed - Jun 2021

51. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
VR based Language Learning
43
51
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$2.5M( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.5M
2
-
11
0
Virtual Reality (Oculus)
(# Cos: 4848 | $7.3B)
Applications (Matterport)
(# Cos: 2600 | $2.4B)
Education & Training (ESI Group)
(# Cos: 656 | $313M)
Language Learning (Mondly)
(# Cos: 11 | $2.5M)
Mondly
(2013, Romania)
Immerse
(2017, United States, $2.5M)
FluentWorlds
(2010, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Immerse (2017, United States)
$2.5M - Series A - Oct 2020

52. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Mobile Casual Game Developers
44
52
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$2.0M(▼97.1%)
38(▲8.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
162
$4.4B
781
41
5161
32
Mobile Gaming (Electronic Arts)
(# Cos: 8186 | $18.0B)
Game Developers (Riot Games)
(# Cos: 7509 | $14.4B)
Casual (JAM CITY)
(# Cos: 5993 | $5.5B)
Multi Genre (Zynga)
(# Cos: 5161 | $4.4B)
Zynga
(2007, United States, $521M)
JAM CITY
(2007, United States, $150M)
Team17
(1990, United Kingdom, $21.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Scopely (2011, United States)
$340M - Series E - Oct 2020
Dream Games (2000, Turkey)
$155M - Series B - Jun 2021
Tripledot (2017, United Kingdom)
$78.0M - Series A - Apr 2021
Dream Games (2000, Turkey)
$50.0M - Series A - Feb 2021
metacore (2014, Finland)
$17.8M - Series A - Sep 2020
Candivore (2018, Israel)
$12.0M - Series B - Feb 2021
Ace Games (2020, Turkey)
$7.0M - Seed - Apr 2021
View all 38 Funding Rounds on Tracxn Platform

53. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Iris Automation (2015, Canada)
$13.0M - Series B - Dec 2020
Neurala (2006, United States)
$12.0M - Series C - Jun 2021
Skylark Drones (2014, India)
$3.0M - Seed - Jul 2021
Augmented Pix.. (2010, United States)
$2.0M - Series A - Feb 2021
neurobotX (2019, United Kingdom)
$100K - Seed - Jan 2021
UAV Navigation (2004, Spain)
Undisclosed - Series A - Jul 2021
Boonray (2016, China)
Undisclosed - Series A - Aug 2021
Drone Flight Control System
45
53
Back to index
Drones (Skydio)
(# Cos: 3688 | $7.1B)
Drone Software (DroneDeploy)
(# Cos: 450 | $943M)
Flight Control (Iris Automation)
(# Cos: 122 | $132M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$2.0M(▲326%)
7( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$132M
49
-
122
9
Iris Automation
(2015, Canada, $23.0M)
Daedalean
(2016, Switzerland, $12.0M)
Neurala
(2006, United States, $33.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

54. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Internet First Eyewear Brands
46
54
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.0M(▼33.3%)
5(▼44.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$1.0B
70
1
242
7
Fashion Tech (Myntra)
(# Cos: 20719 | $33.9B)
B2C Commerce (ThredUP)
(# Cos: 19167 | $29.6B)
Accessories (BlueStone)
(# Cos: 4183 | $4.8B)
Eyewear (Lenskart)
(# Cos: 531 | $2.4B)
Internet First Brands (Warby Parker)
(# Cos: 242 | $1.0B)
Warby Parker
(2010, United States, $573M)
Glasses Direct
(2004, United Kingdom, $13.0M)
Pair
(2017, United States, $13.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Pair (2017, United States)
$12.0M - Series A - Apr 2021
VIU (2013, Switzerland)
$3.3M - Series A - Nov 2020
AjnaLens (2014, India)
$1.0M - Seed - Sep 2020
LNKO (2020, Morocco)
$335K - Seed - Jul 2021
SATURDAYS (2016, Indonesia)
Undisclosed - Seed - Feb 2021

55. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Nreal (2017, China)
$40.0M - Series B - Sep 2020
AjnaLens (2014, India)
$1.0M - Seed - Sep 2020
Nreal (2017, China)
Undisclosed - Series B - Mar 2021
Spatial Computing Wearables
47
55
Back to index
Wearable Technology (Fitbit)
(# Cos: 5670 | $17.7B)
Smart Glasses (RealWear)
(# Cos: 165 | $4.1B)
Spatial Computing (Magic Leap)
(# Cos: 5 | $3.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.0M(▼33.3%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$3.1B
4
-
5
3
Magic Leap
(2011, United States, $3.0B)
Nreal
(2017, China, $71.0M)
AjnaLens
(2014, India, $4.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

56. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Game Development Plugins
48
56
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$650K( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$198M
50
2
104
2
Gaming Tech (Oculus)
(# Cos: 2256 | $6.9B)
Development (Unity)
(# Cos: 570 | $2.7B)
Plugins (Vivox)
(# Cos: 172 | $265M)
Diversified (Cocos-BCX)
(# Cos: 104 | $198M)
Cocos-BCX
(2017, China, $40.0M)
Virtuos
(2012, China, $15.0M)
PlaySpan
(2006, United States, $46.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Anything World (2018, United Kingdom)
$650K - Seed - Oct 2020

57. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
Head Mounted Displays
49
57
Back to index
Wearable Technology (Fitbit)
(# Cos: 5670 | $17.7B)
Head Mounted Displays (Oculus)
(# Cos: 57 | $399M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$472K(▼96.7%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$399M
28
-
57
6
Oculus
(2012, United States, $91.0M)
Varjo
(2016, Finland, $100M)
Meta
(2012, United States, $83.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Oroi (2018, Spain)
$472K - Seed - Sep 2020
iQiyi Intelligent Tec.. (2016, China)
Undisclosed - Series B - Jan 2021

58. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
AR VR - Industry Applications - Top Business Models
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Recent Funding Rounds
BIM Authoring Software
50
58
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$471K( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
21
$117M
60
1
308
2
Construction Tech (Procore)
(# Cos: 5403 | $15.7B)
Design Tools (Trimble)
(# Cos: 981 | $486M)
BIM and 3D Modelling (Autodesk)
(# Cos: 877 | $371M)
Authoring (GeoSLAM)
(# Cos: 308 | $117M)
GeoSLAM
(2012, United Kingdom, $6.9M)
ZWSOFT
(1998, China, $31.4M)
Urbanbase
(2013, South Korea, $20.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Urbanbase (2013, South Korea)
$11.1M - Series B - Aug 2021
Hypar (2017, United States)
$1.8M - Series A - Oct 2020
Stuccco (2015, United States)
$500K - Seed - Feb 2021
Infurnia (2014, India)
$471K - Seed - Sep 2020
Stuccco (2015, United States)
$100K - Seed - Sep 2020

59. AR VR - Industry Applications - Top Business Models
Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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