# Mighty Immersion

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mighty-immersion

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.managexr.com
- Total disclosed funding: $4M
- Latest round: Seed (Dec 16, 2021)
- Investors on record: 1

## About

Mighty Immersion, Inc. develops management solutions for virtual reality (VR) and augmented reality (AR) devices, facilitating deployment and monitoring for enterprises across various sectors.Founded in 2020 and headquartered in San Francisco, US, Mighty Immersion, Inc. specializes in XR device management. The company raised USD 4.000 mn in Seed funding from Rally Ventures on December 16, 2021. Luke Wilson serves as both the founder and CEO, indicating his strong leadership in the company's strategic direction.ManageXR specializes in end-to-end management solutions for virtual reality (VR) and augmented reality (AR) devices, particularly for brands such as Meta, Pico, and HTC. The core offering is a comprehensive management platform that enables organizations to deploy, customize, and monitor XR devices at scale. This platform facilitates content distribution, user experience customization, and device troubleshooting, allowing institutions—such as educational institutions, healthcare providers, and enterprises—to manage VR content and settings efficiently. Key functionalities include the ability to remotely update app versions, monitor device status, and customize user interfaces to align with brand identities. The company serves over 2,000 organizations across more than 120 countries, with significant users in North America, Europe, and Asia, targeting industries that require immersive training and collaborative tools, such as education, healthcare, and corporate training.ManageXR's revenue model is primarily based on subscription services, allowing organizations to access its VR and AR management platform. Clients typically engage in annual or monthly subscription agreements that provide varying levels of access and functionality, depending on the specific needs of the enterprise. These agreements often include tiered pricing plans that cater to different organizational sizes and deployment scales. For instance, larger organizations may require extensive customization and support, thereby engaging in premium subscriptions that include additional features such as advanced analytics and dedicated support services. The company capitalizes on its relationships with implementation partners, facilitating direct-to-consumer sales of ready-to-use devices and offering access to vetted content providers. This transaction structure highlights a B2B focus, establishing ManageXR as a pivotal resource for organizations looking to enhance their deployment of XR technologies.In December 2021, Mighty Immersion, Inc. raised USD 4.000 mn in Seed funding from Rally Ventures to support its expanding team and go-to-market strategy. Since its beta launch in late 2019 and official launch in April 2021, the company aims to release new features and enhancements to its platform, although specific product launches are not detailed. Additionally, the company is considering expansion into new markets to increase its global footprint, particularly targeting regions with high demand for XR solutions. The funding will play a crucial role in facilitating these growth initiatives.

## Funding rounds

- Seed, Dec 16, 2021, $4M — Rally Ventures

## Investors

- Rally Ventures (https://capitalatlas.ai/funds/rally-ventures) — Seed