# echoAR

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

- Industry: Software
- Headquarters: New York, US
- Website: www.echo3d.co
- Total disclosed funding: $1M
- Latest round: Seed (Mar 9, 2020)
- Investors on record: 1

## About

echoAR, Inc. is a technology company specializing in a 3D digital asset management platform that enables enterprises to store, secure, and share 3D models and scans effectively across various devices and environments.Founded in 2018 in New York, US, echoAR, Inc. focuses on providing solutions for managing 3D assets. The company has raised a total of USD 5.5 mn through multiple funding rounds, with the most recent investment occurring in July 2022, led by Qualcomm Ventures and supported by other investors such as House Capital and Space Capital. The founders of echoAR include Alon Grinshpoon, Ben Pedazur, and Koren Grinshpoon, with Alon Grinshpoon serving as CEO.echoAR specializes in a 3D digital asset management (DAM) platform designed for enterprises, enabling organizations to store, secure, and efficiently share their 3D models and scans. The platform features an API that facilitates the management of a 3D asset library, supporting real-time updates and streaming of content across various devices and platforms, including websites, mobile devices, and AR/VR environments. Aimed at industries such as gaming, eCommerce, and architecture, echoAR's solutions simplify complex 3D workflows through AI-powered search capabilities, automated content release processes, and robust optimization tools that enhance asset rendering while minimizing file sizes. The company serves a diverse client base that includes IT professionals and 3D content creators across North America, Europe, and Asia, leveraging a cloud infrastructure secured by major providers like AWS and Azure to ensure data security and compliance.echoAR generates revenue primarily through subscription-based models for its 3D asset management services. Clients engage with the platform through various tiers of pricing plans tailored to meet the needs of different organizational sizes and requirements, allowing for flexible access to its suite of products, including 3D CDN, optimization, and content management services. The company’s revenue structure is largely B2B, focusing on partnerships with enterprises that require comprehensive solutions for efficient 3D asset management. By integrating their services within existing workflows, echoAR enables organizations to access and manage over 800,000 royalty-free 3D models, creating a seamless experience for teams involved in content creation and management. This approach not only enhances collaboration but also drives continuous engagement and client retention within the enterprise market.Following the successful funding round in July 2022, echoAR plans to utilize the USD 5.5 mn raised to scale its cloud-based platform and expand its team of developers and marketers. The company aims to introduce new products and features over the next year, enhancing its offerings for 3D asset management. Additionally, echoAR is focused on expanding its market reach in North America, Europe, and Asia, targeting specific industries such as gaming and eCommerce to drive further growth.

## Funding rounds

- Seed, Mar 9, 2020, $1M — Remagine Ventures

## Investors

- Remagine Ventures (https://capitalatlas.ai/funds/remagine-ventures) — Seed