Onlife
Latest round
- Seed
Last raised
- Dec 2020
Total raised
- $4.5M
Investors
- 3
About Onlife
Founded in 2019 and headquartered in London, UK, Onlife Limited offers a mobile platform that allows users to interact with virtual sneakers and engage in location-based challenges.Aglet primarily offers a mobile application that combines elements of gaming, social interaction, and brand engagement through a virtual sneaker marketplace. The app features a map-based play environment where users can create and customize avatars, explore their surroundings, and engage in activities such as missions and challenges tailored to specific locations. Social features enable users to connect with friends, coordinate gameplay, and participate in community events, enhancing the overall user experience. The app also allows players to buy, sell, and trade virtual sneakers and apparel, which are linked to real-life products, thus merging the digital and physical worlds.Aglet generates revenue through its digital marketplace where users engage in buying and selling virtual items, as well as through exclusive drops of real-life streetwear products that align with in-game offerings. Users can participate in transactions by purchasing virtual sneakers and apparel or by selling items from their collections to other players. The platform may also capitalize on partnerships with brands that wish to promote their products within the app, facilitating direct-to-consumer sales and enhancing brand visibility.5 million, Onlife Limited plans to enhance the Aglet application by developing new features and expanding its virtual sneaker offerings. The company is focused on increasing its presence in key markets such as the United States and Japan, aiming for a significant user growth by late 2021.
Who invested in Onlife
3 investors across 1 round
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Funding rounds
Seed
Dec 8, 2020
Amount
$4.5M
Investors
Questions about Onlife
Who invested in Onlife?
Onlife has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Onlife raised?
Onlife has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Onlife last raise money?
Onlife's most recent round on record is a Seed, in Dec 2020.
What does Onlife do?
Founded in 2019 and headquartered in London, UK, Onlife Limited offers a mobile platform that allows users to interact with virtual sneakers and engage in location-based challenges.
Where is Onlife headquartered?
Onlife is headquartered in London, UK.
Which VCs invest in companies like Onlife?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Onlife's stage. Their profiles are linked below.
VCs backing software startups at Seed
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