StretchSense
Latest round
- Series A
Last raised
- Nov 2022
Total raised
- $13M
Investors
- 3
About StretchSense
StretchSense designs innovative motion capture gloves for XR and VR applications, enabling immersive user experiences through precise hand tracking technology.StretchSense was founded in 2012 in Auckland, New Zealand, specializing in advanced motion capture solutions. The company is co-founded by Benjamin O'Brien and Shin Park.StretchSense specializes in premium motion capture gloves designed for use in XR (extended reality) and VR (virtual reality) environments. Their flagship product, the Reality XR Train Glove, is engineered to provide seamless hand tracking, enabling users to engage in immersive experiences without the need for traditional controllers. The gloves utilize advanced sensor technology combined with machine learning algorithms to accurately capture nuanced finger movements, thus enhancing the realism of hand interactions in various applications, such as gaming, animation, and virtual training. StretchSense's gloves cater to a diverse client base, including game development studios, visual effects (VFX) studios, and streaming content creators, primarily targeting markets in North America, Europe, and parts of Asia.The revenue generation model for StretchSense is structured primarily around direct sales and partnerships with B2B clients in the gaming and entertainment industries. Their core offering, the Reality XR Game Glove, is priced at USD 399, which reflects an introductory rate aimed at attracting early adopters in the market. Business transactions typically involve direct purchases by studios and developers, who integrate the gloves into their production workflows to enhance motion capture quality and reduce post-production time. Additionally, the company may engage in partnerships with technology providers and platforms to ensure seamless integration of their gloves into existing systems, which can contribute to ongoing revenue streams through maintenance and support services.StretchSense is actively pursuing growth through the development of new products and expansion into additional markets. The company is designing enhanced versions of their motion capture gloves, with plans to scale its extended-reality training glove technology, expand its motion-capture products into global markets, and strengthen its tools for immersive training across healthcare, education, aviation, and defence.
Who invested in StretchSense
3 investors across 1 round
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Funding rounds
Series A
Nov 4, 2022
Amount
$13M
Investors
Questions about StretchSense
Who invested in StretchSense?
StretchSense 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 StretchSense raised?
StretchSense has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did StretchSense last raise money?
StretchSense's most recent round on record is a Series A, in Nov 2022.
What does StretchSense do?
StretchSense designs innovative motion capture gloves for XR and VR applications, enabling immersive user experiences through precise hand tracking technology.
Where is StretchSense headquartered?
StretchSense is headquartered in Auckland, New Zealand.
Which VCs invest in companies like StretchSense?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back software companies at StretchSense's stage. Their profiles are linked below.
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