# ByondXR

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/byondxr

- Industry: Software
- Headquarters: New York, US
- Website: www.byondxr.com
- Total disclosed funding: $12M
- Latest round: Seed (Aug 11, 2021)
- Investors on record: 3

## About

ByondXR Inc. specializes in immersive technology solutions that enhance eCommerce experiences, offering tools that promote engaging product visualization and interaction for customers.Founded in 2016 and headquartered in New York, US, ByondXR Inc. provides digital solutions focused on transforming online shopping through immersive technologies. The company was co-founded by Noam Levavi and Yair Ronen. As of August 2021, ByondXR raised USD 7.00 mn in a Seed funding round led by Firstime Ventures and OurCrowd. The total amount raised by the company is USD 7.00 mn, with three deals recorded to date.ByondXR offers an array of digital solutions aimed at enhancing eCommerce, such as the Home Décor Visualizer, Virtual Store, Virtual Showroom, and Product Configurator. These products enable customers to experience products in realistic environments, leading to improved engagement and purchase decisions. ByondXR serves various industries including home décor, beauty, luxury goods, food and beverage, fashion, automotive, and toys, partnering with brands like LANCÔME, Kraft Heinz, and Yves Saint Laurent across markets in North America, Europe, and Asia.ByondXR generates revenue through subscription models and partnerships with brands. The company primarily engages in B2B transactions, providing immersive technology solutions such as the 3D Virtual Showroom and AI Visualizer. Their pricing model is adaptable to different client needs, enhancing how brands incorporate ByondXR’s offerings into their digital strategies and driving consumer engagement and sales.Following their recent funding round in August 2021, where ByondXR Inc. secured USD 7.00 mn, the company plans to utilize these funds to enhance customer success initiatives and further its research and development efforts. The firm is focused on launching new products and expanding into additional markets, ensuring a broader reach for their innovative solutions.

## Funding rounds

- Seed, Aug 11, 2021, $7M — Firstime, OurCrowd
- Seed, Jul 1, 2019, $3.5M — HTC Corporation, Firstime
- Seed, May 10, 2017, $1.5M — HTC Corporation, Firstime

## Investors

- HTC Corporation — Seed
- Firstime (https://capitalatlas.ai/funds/firstime) — Seed
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Seed