5 Intrepid Augmented Reality Companies: Part 14

black VR smartphone headset on yellow surface

Time for part fourteen of the Metaverse Insider’s exclusive series on Augmented Reality (AR) companies constructing Web3. In case you somehow missed the earlier posts, here’s a link to the first one.

1. Streem

Streem, one of the augmented reality companies shaping web3.
Credit: Streem

A Portland, Oregon-based startup, Streem’s platform provides real-time customer engagement using remote video and AR/AI technology, giving its customers’ teams the ability to support their own customers by connecting businesses with unparalleled insights, resulting in enhanced experiences.

The platform allows organizations to prioritize customers by delivering faster quotes, higher first-time resolutions, and reduced wait times, embedded in the tools you already use every day.

Streem was founded by Ryan Fink and Sean Adkinson in 2017. Acquired by Frontdoor (NASDAQ: FTDR) in 2019, prior to this Streem had raised a total of $875K in funding over two rounds.

2. Scope AR

Scope AR, one of the augmented reality companies shaping web3
Credit: Scope AR

Scope AR is a global leader in developing augmented reality (AR) solutions and products for industrial clients focused on field maintenance, manufacturing and training. As the pioneer of enterprise-class AR solutions, the company delivers work instructions and remote assistance on a single, integrated AR knowledge platform — WorkLink — so workers can get expert guidance when and where it’s needed.

The company, based in San Francisco, California and founded in 2010 by Scott Montgomerie, David Nedohin and Graham Melley, is currently working with some of the world’s leading global enterprise companies including Lockheed Martin, Unilever, Prince Castle, and Becton Dickinson, among others.

ScopeAR has raised a total of $11.8 million in funding over six rounds.

3. Tulfa

Credit: Tulfa

An American multinational corporation that designs and develops eCommerce solutions for brands, retailers and manufacturers, Tulfa is headquartered in Chicago, Illinois, and was founded in 2018 by Loukeek Bornare and Sonali Bagrecha.

The company has helped several Fortune 500 companies provide a next-generation shopping experience to their shoppers using Augmented and Extended Reality. Tulfa is ranked amongst the four best companies in the eCommerce space, with operations spread across the Americas, Europe, Australia, and Asia.

4. Blippar

Credit: Blippar

A leading technology company recognized as one of the fastest-growing companies by CNN and Forbes, listed three years in a row on CNBC’s list of most disruptive companies, as well as named top Business Innovator by Bloomberg and most innovative AR/VR company by Fast Company, Blippar specializes in Augmented Reality and Computer Vision. The company’s vision is to enhance everyday life with Augmented Reality.

Since its founding in 2011 by Ambarish Mitra, Omar Tayeb, Steve Spencer, and Jessica Butcher, Blippar has been pushing the boundaries of what is possible in AR and has helped thousands of brands, retailers and agencies use AR /AI across the consumer journey to deepen customer engagement, drive footfall and increase sales.

Helped by the impressive $136.7 million in funding the company has raised over six rounds, Blippar’s technology has been used by world-leading brands such as PepsiCo, Porsche, Nestlé, L’Oréal, GSK, General Mills and Procter & Gamble to create exciting and award-winning experiences.

5. Perfect Corp.

Credit: Perfect corp

Perfect Corp. is a leading, award-winning beauty tech solutions provider transforming the industry by marrying the highest level of augmented reality (AR) and artificial intelligence (AI) technology for a re-imagined consumer shopping experience.

From small and medium businesses to larger enterprise clients, Perfect Corp. offers innovative beauty SaaS for every business size. Over 320 trusted brand partners turn to our cutting-edge AR and AI technologies for virtual makeup trials, hair colour and accessory try-ons, and instant skincare diagnostics to enhance the beauty shopping journey online and in-store.

Based in New Taipei City, Taiwan, Perfect Corp. was founded in 2015 by Alice Chang.

According to a Forbes article published earlier this month, Perfect Corp. reported it had entered into a definitive agreement to merge with Nasdaq-listed Provident Acquisition Corp. The SPAC deal is expected to be completed in the third quarter and will provide the startup with some $335 million — $50 million of which has been raised through private investment in public equity, or PIPE. The deal to go public in the US puts Perfect Corp.’s valuation at $1 billion.

Before all this, though, Perfect Corp. had raised a total of $100 million in external funding over three rounds.

James Dargan

James Dargan

James Dargan is a writer and researcher at The Metaverse Insider. His focus is on the QC startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

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