Presence Capital

Presence Capital is an investment firm that believes virtual reality (VR) and augmented reality (AR) are technologies that are going to transform our world. We invest in and support talented and passionate entrepreneurs that are utilizing these technologies to bring new and exceptional ways of communicating, working, and playing to market

Phil Chen

Managing Partner

Amitt Mahajan

Managing Partner

Past deals in AR and VR

Resolution Games AB

Series A in 2015
Resolution Games is a games studio led by some of the top minds in the industry, forging a world-class catalog of titles that bring players into the richest VR and AR worlds possible.

TRIPP inc.

Series A in 2021
TRIPP inc. develops and offers a virtual reality (VR) game, or experience that focuses on changing the way a person feels. The product/ experience have a combination of audio and visual elements, gameplay mechanics, and meditation. It taps into research that shows that digital and interactive experiences can have an effect on the brain. The company was founded in 2016 and is based in Los Angeles, California with a satellite development office in Chicago, Illinois.

Fyusion, Inc.

Series B in 2017
Fyusion is a 3D computer vision and machine learning company that develops products that make images as intelligent as they are beautiful. These immersive, interactive photorealistic 3D images viewable on any mobile, desktop, VR, or Augmented Reality device are captured using only a smartphone or any other camera. Its commercial focus is on iOS and Android capture for automotive and eCommerce imaging at scale. It was founded in 2013 and is headquartered in San Francisco, California.

AppliedVR, Inc.

Seed Round in 2016
AppliedVR, Inc. provides a virtual reality platform for enhanced patient experience in healthcare around pain and anxiety management in hospitals, surgery centers, and exam rooms in the United States. AppliedVR, Inc. has strategic partnerships with Cedars-Sinai and Children's Hospital Los Angeles. The company was founded in 2013 and is based in Los Angeles, California.

Lightform

Series A in 2019
Lightform, Inc., a VC-backed computer vision and hardware company, develops computers for projected augmented reality. The company develops a desktop app to create animated content for various scenes, and update content and control projector wirelessly from laptop or phone. It also offers 3D scanning options. The company was founded in 2014 and is headquartered in San Francisco, California.

STRIVR

Venture Round in 2017
STRIVR is an information technology company that specializes in virtual reality, customer experience, and athlete performance. It transforms the way companies train and develop their employees by using virtual reality to simulate real-world and on-the-job situations designed for enhanced learning to help companies grow.

Sandbox VR

Seed Round in 2017
Sandbox VR is a virtual reality startup that offers a premium, fully-immersive virtual reality experience. The company combines motion capture in real time with virtual reality technology to create a new medium that is the closest thing to the Star Trek holodeck that exists. The company was founded in 2016 and is based in San Mateo, California.

Thirdverse, Inc.

Series B in 2021
Thirdverse, Inc. develops and operates virtual reality games. The company provides virtual reality content and services planning, development, sales and management. Thirdverse, Inc. was founded in 2013 and is based in Shinjuku-ku, Japan.

Eonite Perception Inc.

Seed Round in 2016
Eonite is on a mission to enable machines to understand the real world – to give computers the advanced perception necessary for the future of VR, AR, robots and drones. They are looking for people who will help us build, refine, and deliver the tech that achieves their goals. They offer competitive salaries, great equity packages, and full benefits. They are always looking for smart, talented people who are nice adults motivated to make a difference. They’re based in Palo Alto, but their team is global. So reach out, even if the openings aren’t a perfect fit..

Osso VR

Seed Round in 2016
Osso VR Inc. develops virtual reality surgical training platform for orthopedic and other medical specialties. The product consists of realistic and haptic-enhanced interactions in an immersive training environment to simulate surgical processes. Additionally, it offers analytic dashboards and tailored guidance for the procedure. The company offers its product to surgeons, sales teams, and medical trainees. Osso VR Inc. was founded in 2016 and is based in Palo Alto, California.

Viro Media

Seed Round in 2017
Viro Media, Inc. develops a software application for developers to create and publish virtual reality applications. The company was founded in 2015 and is headquartered in Seattle, Washington.

Sandbox VR

Series B in 2021
Sandbox VR is a virtual reality startup that offers a premium, fully-immersive virtual reality experience. The company combines motion capture in real time with virtual reality technology to create a new medium that is the closest thing to the Star Trek holodeck that exists. The company was founded in 2016 and is based in San Mateo, California.

ScopeAR

Seed Round in 2016
Scope AR provides the world’s most advanced Augmented Reality Training Solutions. They are leading the way in this emerging market, using the latest in augmented glasses and software to provide an incredible real-time 3D overlay training solution. Scope AR is working with some of the world’s leading multi-national companies and government agencies to provide custom state-of-the-art training systems while continuing to innovate and create novel Augmented Reality Training Solutions.

Thirdverse, Inc.

Series A in 2020
Thirdverse, Inc. develops and operates virtual reality games. The company provides virtual reality content and services planning, development, sales and management. Thirdverse, Inc. was founded in 2013 and is based in Shinjuku-ku, Japan.

Baobab Studios Inc.

Series A in 2015
Baobab Studios, headquartered in Redwood City, Calif., is a virtual reality company that creates story and character-driven cinematic experiences. The company was founded by Maureen Fan, who was most recently VP of Games at Zynga; and Eric Darnell, the director of such DreamWorks animated features as the four "Madagascar” franchise films and “Antz.” Baobab is funded by Comcast Ventures, HTC, Samsung, Advancit Capital, The Chernin Group and Freelands Ventures, along with individuals including Zynga co-founder Mark Pincus and PayPal co-founder Peter Thiel.

Meta Company

Series B in 2016
Meta View is an electronic company that provides augmented and virtual reality solutions for various businesses in the United States. It offers wearable devices that provide augmented and virtual reality experience and other gadgets based on machine learning and artificial intelligence. Ben Sand, Meron Gribetz, and Raymond Lo founded Meta View in 2019. It has its headquarters in San Mateo in California.

Lightform

Seed Round in 2017
Lightform, Inc., a VC-backed computer vision and hardware company, develops computers for projected augmented reality. The company develops a desktop app to create animated content for various scenes, and update content and control projector wirelessly from laptop or phone. It also offers 3D scanning options. The company was founded in 2014 and is headquartered in San Francisco, California.

ScopeAR

Seed Round in 2015
Scope AR provides the world’s most advanced Augmented Reality Training Solutions. They are leading the way in this emerging market, using the latest in augmented glasses and software to provide an incredible real-time 3D overlay training solution. Scope AR is working with some of the world’s leading multi-national companies and government agencies to provide custom state-of-the-art training systems while continuing to innovate and create novel Augmented Reality Training Solutions.

White Raven

Venture Round in 2015
White Raven is an AI-based visual positioning software company for autonomous robots and cars that navigate in areas where GPS connectivity. The company's technology recognizes buildings, landmarks, and other objects in the physical world and can infer a moving camera’s location, direction, and what it’s looking at. It enables precise, fast, and frictionless navigation to highly specific locations e.g. a particular door, as opposed to an entire building, and is the basis for augmented reality experiences for drivers and passengers. White Raven develops visual search engines that identify unique points of interest in the outdoor urban environment and highlight them in AR. The engines are middleware between in-car infotainment systems and location-based services. The company specialized in classification and-real time analysis of visual signals generated by various sensors.

Escher Reality, Inc

Seed Round in 2017
Escher Reality, Inc develops augmented reality API. It builds a cross-platform toolkit and custom backend for mobile AR developers. The company was incorporated in 2016 and is based in Sunnyvale, California. As of February 1, 2018, Escher Reality, Inc operates as a subsidiary of Niantic, Inc.

Floreo Inc.

Seed Round in 2017
Floreo Inc. develops a learning app that uses virtual reality as a method to teach social and communication skills to individuals with autism spectrum disorder. The company's application allows the supervising adult to monitor and guide their activities. Floreo Inc. was founded in 2016 and is based in Washington, District Of Columbia.

The Rogue Initiative

Seed Round in 2016
Where the greatest storytellers from film and video games are converging to create new AAA experiences for virtual reality and digital media. The Rogue Initiative is a Los Angeles-based entertainment company composed of award-winning entertainment industry professionals including alumni from Amblin Entertainment, Pixar, Dreamworks Animation, Disney and Activision Entertainment creating new AAA virtual reality, digital media experiences, film, and television content.

Torch 3D Inc.

Seed Round in 2017
Torch 3D is an Augmented Reality Design Platform.Torch 3D is the developer of an AR and VR prototyping platform created to transform the way applications are built and experienced. The company's augmented and virtual reality prototyping platform helps the designer to develop and design in 3D for immersive VR environments almost instantly, with no prior knowledge of game or software development. It also empowers teams to iterate on prototypes across teams, on any platform or device, in real time.

Harmonix Music Systems

Venture Round in 2015
Harmonix Music Systems is a videogame development company that offers Beatles and Rock Band music games in North America, Europe, Australia, and New Zealand. It is the developer of Rock Band and Dance Central, as well as the original developer of the Guitar Hero series up until Guitar Hero III: Legends of Rock, which Neversoft developed, along with future Guitar Hero titles. Harmonix Music Systems was founded in 1995 by Alex Rigopulos and Eran Egozy. It is based in Cambridge, Massachusetts.

Varjo Technologies

Series A in 2017
Varjo Technologies develops headset capable of both virtual and augmented reality. It uses that phrase with two meanings in mind. For one thing, the company’s headset offers resolution in the center of the screen that is good enough to hide individual pixels. But the headset’s display also mimics how human vision works in general. The high-density displays occupies the center of the field of view in headset, and surrounds by lower-resolution displays at the left and right edges. The company was founded in 2016 and is headquartered in Helsinki, Finland.

Superstar Games

Convertible Note in 2016
Superstar Games is a mobile AR game company started by gaming industry veteran Damon Grow and legendary San Francisco 49ers quarterback, Joe Montana.

Proprio, Inc.

Venture Round in 2019
Proprio, Inc. develops a healthcare system for real-time immersive video and mediated reality interaction. It offers surgical microscopes, navigation systems, loupes, and screens to replace surgical microscopes. The company’s networked camera arrays, depth-sensing technology, and computer graphics processing enables users to navigate live 3D environments with a sense of presence and depth of field from any perspective. Proprio, Inc. was formerly known as eLoupes, Inc. The company was founded in 2016 and is headquartered in Seattle, Washington.

Simbe Robotics

Venture Round in 2016
Simbe Robotics automates the most mundane, repetitive tasks in retail execution. It's first product, Tally, performs the repetitive and laborious tasks of auditing shelves for out-of-stock items, low stock items, misplaced items, and pricing errors. Tally operates safely during normal store hours alongside shoppers and employees.

Loom.ai

Seed Round in 2016
Loom.ai is enabling a new era of virtual communication through the creation, animation and sharing of personalized, 3D avatars. Based in San Francisco, and an alumni of the Y Combinator Fellowship, the Academy Award-winning team has created a best-in-class solution powered by deep learning, computer vision and visual effects. In just seconds, Loom.ai can take a single photograph and transform it into a fully representative, 3D avatar as personalized as the individual by recognizing the many nuances that make each face unique. Animatable and expressive in real-time, these avatars can be used to power current and future applications in mobile messaging, entertainment, AR/VR, e-commerce, video conferencing, broadcasting and more. For more information, visit www.loom.ai Loom.ai has received funding from DHVC, Dentsu Ventures, Zach Coelius’ AngelList syndicate, GREE VR Capital, Presence Capital and Anorak Ventures.

Upload, Inc.

Seed Round in 2015
UploadVR Inc. operates a platform to provide information related to virtual reality topics. It offers news, articles, events, reviews, and interviews on various virtual related topics, such as hardware, entertainment, gaming, industry, and other topics. The company was incorporated in 2015 and is based in San Francisco, California with an additional office in Los Angeles, California.

Uru, Inc.

Seed Round in 2016
Uru, Inc. develops content-aware video advertising solutions. The company’s SaaS lets creators and publishers to identify the objects, themes, and monetization opportunities inside a video, as well as makes pairing them with brand graphics; and API lets video player platforms to empower their users to monetize and video publishers consumer Uru directly from inside their content management system. It serves publishers and creators, and brands. The company was founded in 2016 and is based in New York, New York.

Bigscreen

Seed Round in 2017
Bigscreen, Inc. develops a social virtual desktop application that lets users use their computer in Virtual Reality on virtual screens. The company was founded in 2014 and is headquartered in Berkeley, California.

Sandbox VR

Seed Round in 2016
Sandbox VR is a virtual reality startup that offers a premium, fully-immersive virtual reality experience. The company combines motion capture in real time with virtual reality technology to create a new medium that is the closest thing to the Star Trek holodeck that exists. The company was founded in 2016 and is based in San Mateo, California.

Experiment 7, Inc.

Seed Round in 2016
Experiment 7 is a game studio that is focused on the development of strategy games. Experiment 7 has office in New York and San Diego. It was founded by Geoffrey Zatkin and Demetri Detsaridis in 2015.

North

Series B in 2016
North, formerly Thalmic Labs, builds a technology that is human centric and believes that people and technology goes hand in hand. The company thus is building technologies discreetly built into fundamental parts of our lives that already exist. With over 400 people spanning four offices across North America, it is a crew of futurists, engineers, and designers and are always looking to add more innovators to the team. North was founded on 2012 and is headquartered in Kitchener, Canada.

Vicarious Inc

Seed Round in 2016
Vicarious is an entertainment platform about people, their lives and sharing their stories in VR. By building upon the media assets on their mobile phone and mixing that with stickers, 3d animated emoji & characters, particle effects, environmental geometries, audio and 360 photos/videos, Vicarious enables the average social media user to create and share snippets of their life in a visually communicative medium. It a quick, fun and connected VR social media platform.

Augmented Pixels

Seed Round in 2017
Augmented Pixels is a technology company that features a proprietary simultaneous localization and mapping technology. It specializes in the fields of augmented reality, navigation, drones, 3d mapping, robots, and virtual reality. The company creates a world where drones and robots can see and navigate as humans do. Augmented Pixels also develops augmented and virtual reality solutions for retail, real estate, interior design, and event marketing. Augmented Pixels was founded in 2010 and headquartered in California, United States.

Vreal

Seed Round in 2015
Vreal’s mission is to revolutionize gaming content by making fans part of the action, delivering a fun, immersive experience inside the games and content that audiences want to watch. Exploring new games with your favorite creators is now a social experience without limits, on any screen or VR headset. Find out more at http://vreal.net.

RADD3, Inc.

Series A in 2016
RADD3 is an Oakland, California-based software development company that develops applications and games for Virtual Reality (VR) and Augmented Reality (AR) devices as well as for Set Top Boxes, smartphones and tablets. RADD3 is one of the leading developers of AR and VR applications, and we are currently working on some of the first commercial VR applications. RADD3 is also releasing Set Top Box games in North America and Greater China.

Immersal Oy

Pre Seed Round in 2016
Immersal Ltd. develops Immersal AR Cloud SDK, a visual positioning and mapping solution for markerless, persistent, battery-friendly, massively multi-user AR. It can be used for enabling immersive AR experiences, such as indoor navigation, product finding, multi-player AR games, ads — your imagination is the limit. Immersal is based in Helsinki, Finland, and currently employ a team of 10 AR gurus.

Waygo Visual Translator

Seed Round in 2015
Waygo Visual Translator (formely Waigo Chinese Translator) was created by Translate Abroad, Inc. and is your ultimate tool for navigating life in China. Waygo uses a phone camera to instantly translate text without an internet connection. Just point and translate. The first Waygo app is for Chinese to English translation and is available in the app store, with more languages on the way. The company built the first iteration while in the Betaspring Accelerator in Providence, Rhode Island in the Summer of 2011. Just having graduated from Batch 5 of 500 Startups Accelerator, Waygo continues to work out of Mountain View, CA, with team members now in Taipei and Shanghai.

Visbit Inc.

Seed Round in 2016
Visbit Inc. develops a cloud streaming service platform that helps virtual reality (VR) content creators and publishers to deliver their VR videos to their users worldwide. It offers Visbit Portal, a content management and publishing portal that allows uploading 360º videos in various formats, publishing videos to various platforms in real time, and receiving BI analytic reports from performance to heatmap. The company also provides Visbit Cloud that transcodes videos for streaming, hosting, and delivering to end users through content distribution network. In addition, it offers Visbit Player, a video player SDK. The company was founded in 2015 and is based in Sunnyvale, California.

Nomadic

Seed Round in 2017
Nomadic is the immersive entertainment company delivering tactile and walkable VR adventures to neighborhoods everywhere. Our turnkey platform enables content and venue partners to continuously wow a broad community. At Nomadic, we’re blurring the line between virtual and reality.

STRIVR

Seed Round in 2016
STRIVR is an information technology company that specializes in virtual reality, customer experience, and athlete performance. It transforms the way companies train and develop their employees by using virtual reality to simulate real-world and on-the-job situations designed for enhanced learning to help companies grow.

Diveplane

Seed Round in 2018
Diveplane Corporation is a groundbreaking technology startup dedicated to keeping the humanity in AI. Their first project is an Understandable AI decision system. They believe in Responsible AI, meaning machines ought to preserve, amplify, and empower the best intentions of humanity both in how they function technically, and how they are applied to solve problems – unlike uninterpretable black box systems that make life-altering decisions in an instant, but can’t explain why. Their proprietary and patented AI platform is faster than current off-the-shelf solutions and can train on significantly less data, while also addressing the technical shortcomings and societal concerns that have kept many from trusting and adopting AI.

Camera IQ

Seed Round in 2017
Camera IQ Inc. develops an application that integrates OS platforms, AR toolkits, and native applications. It helps unify drag-and-drop tools for creating, deploying, and measuring AR content. The company's software helps companies build marketing and advertising experiences for smartphone cameras. Camera IQ Inc. was founded in 2013 and is based in Santa Monica, California.

Drifter Entertainment

Seed Round in 2016
Drifter helped create some of the most genre defining games of our generation. Each of us has spent years building the platforms that make AR and VR possible and now we’re channeling that passion and experience into making some of the best damn VR games in the world.

Uncorporeal Systems Inc.

Seed Round in 2015
Uncorporeal Systems Inc. develops augmented reality and virtual reality pictures and films. It distributes its content through content partners in the United States and internationally. The company was founded in 2015 and is based in San Francisco, California with locations in North America.

TheWaveVR

Seed Round in 2016
Wave focuses on interactive virtual experiences with a mission to help artists make money at the intersection of gaming and entertainment. Wave’s technology enables musicians to create lifelike avatars of themselves that can “perform” their music on a virtual stage. Most of these virtual shows take place either on the company’s YouTube channel, but Wave’s apps let users tune in on gaming consoles, phones or even the Oculus Rift VR headset. While watching a Wave, viewers can log in to comment in a chat function and give live feedback to the avatar performers.

Camera IQ

Seed Round in 2018
Camera IQ Inc. develops an application that integrates OS platforms, AR toolkits, and native applications. It helps unify drag-and-drop tools for creating, deploying, and measuring AR content. The company's software helps companies build marketing and advertising experiences for smartphone cameras. Camera IQ Inc. was founded in 2013 and is based in Santa Monica, California.

Skylights SAS

Seed Round in 2017
Cinematic VR on planes, as passenger inflight entertainment. Enable passengers to tune out of their environment and escape their flight by enjoying premium cinematic entertainment using VR headsets. Skylights integrates content licensing deals, develops software and headsets, and integrates ground operations. All four are sold to airlines as a subscription service. The company is incorporated in the US, with headquarters in San Francisco, California.