# Vectary

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

- Industry: Software
- Headquarters: Redwood City, US
- Website: www.vectary.com
- Total disclosed funding: $9.6M
- Latest round: Seed (Aug 6, 2020)
- Investors on record: 3

## About

Vectary Inc. specializes in 3D design and augmented reality solutions, focusing on enhancing collaboration and productivity for businesses across various industries.Founded in 2014 in Redwood City, US, Vectary Inc. provides a platform for 3D modeling and design. The company's co-founders are Michal Koor and Mikael Jansson, with Michal Koor currently serving as CEO. Vectary raised USD 7.07 mn during its Seed round on August 6, 2020, with investments from BlueYard Capital and EQT, bringing the total amount raised to USD 7.07 mn and a current company valuation of USD 21.28 mn.Vectary offers a comprehensive suite of 3D design and augmented reality (AR) solutions that cater to a diverse range of industries. Users can create, share, and manipulate 3D models seamlessly from any device, integrating features such as file cloning and in-design commenting. The platform serves over 4 million users globally, enhancing product presentations and communication strategies for businesses in retail, manufacturing, and marketing.Vectary’s revenue model is based on a subscription structure, allowing businesses and individual users to access its suite of 3D design tools. Clients can choose various pricing plans, accommodating teams of different sizes and needs. Partnerships with retailers and wholesalers further support Vectary’s market reach and distribution.Following its recent Seed round in August 2020, Vectary plans to utilize the raised USD 7.07 mn to enhance its product offerings and expand into new markets. The company is focused on developing new features for its platform to support a wider array of industries. Additionally, Vectary aims to penetrate the European and Asian markets by the end of 2022, fostering greater user engagement and expanding its global presence.

## Funding rounds

- Seed, Aug 6, 2020, $7.1M — EQT, BlueYard Capital
- Seed, Oct 10, 2016, $2.5M — Neulogy Ventures, BlueYard Capital

## Investors

- Neulogy Ventures (https://capitalatlas.ai/funds/neulogy-ventures) — Seed
- BlueYard Capital (https://capitalatlas.ai/funds/blueyard-capital) — Seed
- EQT (https://capitalatlas.ai/funds/eqt) — Seed