# Yerba Buena VR

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yerba-buena-vr

- Industry: Software
- Headquarters: San Jose, US
- Website: www.ybvr.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Feb 11, 2021)
- Investors on record: 3

## About

Yerba Buena VR, Inc. is a US-based company that specializes in immersive live streaming experiences, focusing on enhancing viewer engagement in sports and entertainment through advanced technology.Yerba Buena VR, Inc. provides immersive live streaming solutions that leverage patented technology for high-quality event broadcasting. Founded by Sebastián Amengual and Víctor Sánchez, the company is headquartered in San Jose, US. In February 2021, they raised USD 1.50 mn in Seed funding from Tech Coast Angels, Verizon Ventures, and Wayra, bringing their total amount raised to USD 1.50 mn.YBVR specializes in delivering immersive live streaming experiences, primarily targeting the sports and entertainment sectors. Their core offerings include a patented technology platform that enables the streaming of live events in superior 8K quality while using minimal bandwidth, making it accessible across various devices. This technology supports multiviewing options, allowing fans to choose between immersive 360/180-degree views and traditional 2D streaming, thereby enhancing viewer engagement. The company's solutions are designed to cater to both in-home viewers and in-venue audiences, facilitating an interactive experience that redefines how fans connect with live events. YBVR's products serve a global market, including major sporting events such as the NHL Stanley Cup Final and the Indy 500, allowing them to connect with a diverse client base that spans multiple countries and regions.YBVR generates revenue through various streams associated with their innovative live streaming solutions. The company offers subscription-based services and partnerships that facilitate direct-to-consumer engagements, thereby enabling revenue generation through virtual ticketing, sponsorships, and gamification features. With their flagship product, Xtadium, and the YB One platform, YBVR provides avenues for monetization that enhance existing revenue channels for sports organizations and event broadcasters. The transactional structure primarily revolves around B2B relationships with sporting leagues and broadcasters, who utilize YBVR's technology to deliver enhanced viewing experiences to their audiences. This model not only supports direct sales of their technology services but also integrates advertising and sponsorship opportunities within the streaming framework.In February 2021, Yerba Buena VR, Inc. raised USD 1.50 mn in Seed funding to advance the company’s technology and build its team. The recent funding will be utilized to enhance product offerings and expand into new markets. The company plans to target additional regions in North America and Europe by the end of 2023, aiming to capture a wider audience for their immersive live streaming solutions.

## Funding rounds

- Seed, Feb 11, 2021, $1.5M — Tech Coast Angels, Wayra, Verizon Ventures

## Investors

- Tech Coast Angels — Seed
- Wayra (https://capitalatlas.ai/funds/wayra) — Seed
- Verizon Ventures (https://capitalatlas.ai/funds/verizon-ventures) — Seed