WXR Fund

WXR Fund is a San Francisco-based venture capital firm that backs early-stage startups led by gender-diverse teams developing immersive technologies and artificial intelligence. It makes investments in North America across sectors including information technology, entertainment, education, healthcare, retail and training services from pre-seed to Series A. The firm prioritizes minority- and women-owned companies and minority stake investments, and it seeks opportunities at the intersection of immersive technologies and AI to drive inclusive innovation.

Martina Welkhoff

Founding Partner

15 past transactions

ShapesXR

Seed Round in 2023
ShapesXR enables users to instantly create fully immersive scenes and populate them with crucial artifacts which were previously impossible for people without the time and resources to develop costly physical environments, mock-ups, or experience laboratories.

Wavely Diagnostics

Seed Round in 2023
Wavely Diagnostics is pioneering the future of remote digital diagnostics and enabling telehealth growth by leveraging smartphone technology to address pediatric care.

inCitu

Pre Seed Round in 2022
inCitu is a social-impact software company that offers an augmented reality platform for visualizing urban development projects and engaging communities. The platform presents life-sized 3D visualizations, real-time data, and intuitive tools to showcase future city designs, enabling architects, planners, and residents to collaborate, assess proposed changes, and make informed decisions about urban planning and development.

mpathic.ai

Seed Round in 2022
mpathic.ai is a company that specializes in enhancing communication through its software-as-a-service (SaaS) platform. The platform employs AI-powered analytics to provide real-time text corrections, helping users to express themselves more effectively. Additionally, mpathic.ai offers modular empathy training games that facilitate the development of skills related to understanding, compassion, and insight. By combining these tools, the company aims to foster improved interpersonal interactions within both individuals and organizations.

Prisms VR

Seed Round in 2022
Prisms VR is a STEM education platform based in San Francisco, California, founded by Anurupa Ganguly. The company specializes in creating immersive educational experiences using virtual reality technology. Its software features modules designed to provide realistic 3D environments that facilitate problem-solving and enhance understanding of complex concepts. These modules support content remediation and reinforce lessons learned in class, making them valuable for both in-person and remote learning settings. The platform aims to assist teachers and parents in teaching and fostering spatial thinking skills in students, ultimately enriching the educational experience.

Wavely Diagnostics

Seed Round in 2022
Wavely Diagnostics is pioneering the future of remote digital diagnostics and enabling telehealth growth by leveraging smartphone technology to address pediatric care.

Absurd:Joy

Seed Round in 2021
Absurd:Joy is a remote collaboration application for flexible working. It aids the gap between existing remote collaboration tools with a human-friendly and expressive environment.

Obsess

Series A in 2021
Obsess, Inc. is a New York-based company founded in 2016 that focuses on developing an augmented and virtual reality software platform aimed at transforming the online shopping experience. The company enables brands and retailers to create immersive 360-degree shopping environments that enhance customer engagement across various channels, including e-commerce sites, social media, in-store settings, and events. By leveraging AI-powered interactive 3D solutions, Obsess allows businesses to build visually captivating and customizable shopping experiences that capture attention and foster relationships with consumers. Recognized as a market leader, Obsess has successfully launched over 200 immersive stores in collaboration with prominent brands across sectors such as retail, beauty, luxury, and consumer packaged goods, providing valuable insights into shopper behavior and preferences. Through its innovative approach, Obsess aims to appeal to a younger, tech-savvy audience, redefining digital shopping into an engaging, memorable experience.

mpathic.ai

Pre Seed Round in 2021
mpathic.ai is a company that specializes in enhancing communication through its software-as-a-service (SaaS) platform. The platform employs AI-powered analytics to provide real-time text corrections, helping users to express themselves more effectively. Additionally, mpathic.ai offers modular empathy training games that facilitate the development of skills related to understanding, compassion, and insight. By combining these tools, the company aims to foster improved interpersonal interactions within both individuals and organizations.

Prisms VR

Pre Seed Round in 2021
Prisms VR is a STEM education platform based in San Francisco, California, founded by Anurupa Ganguly. The company specializes in creating immersive educational experiences using virtual reality technology. Its software features modules designed to provide realistic 3D environments that facilitate problem-solving and enhance understanding of complex concepts. These modules support content remediation and reinforce lessons learned in class, making them valuable for both in-person and remote learning settings. The platform aims to assist teachers and parents in teaching and fostering spatial thinking skills in students, ultimately enriching the educational experience.

Scatter

Venture Round in 2021
Scatter is a company focused on integrating human likeness into the metaverse through its innovative software product, Depthkit. This platform is recognized as the most widely used solution for creating volumetric video human holograms, allowing real people to be embedded in virtual environments. Depthkit is favored by leading interactive media and entertainment companies due to its user-friendly and cost-effective approach to producing high-quality volumetric video content and livestreams. The software requires only minimal off-the-shelf hardware, making it accessible for content creators. Scatter's team consists of Emmy-award winning creators and technologists with extensive backgrounds from prestigious institutions such as Microsoft Research and Carnegie Mellon. Since its inception in 2010, the company has been at the forefront of holographic technology, continually advancing the capabilities of virtual reality filmmaking.

Obsess

Seed Round in 2020
Obsess, Inc. is a New York-based company founded in 2016 that focuses on developing an augmented and virtual reality software platform aimed at transforming the online shopping experience. The company enables brands and retailers to create immersive 360-degree shopping environments that enhance customer engagement across various channels, including e-commerce sites, social media, in-store settings, and events. By leveraging AI-powered interactive 3D solutions, Obsess allows businesses to build visually captivating and customizable shopping experiences that capture attention and foster relationships with consumers. Recognized as a market leader, Obsess has successfully launched over 200 immersive stores in collaboration with prominent brands across sectors such as retail, beauty, luxury, and consumer packaged goods, providing valuable insights into shopper behavior and preferences. Through its innovative approach, Obsess aims to appeal to a younger, tech-savvy audience, redefining digital shopping into an engaging, memorable experience.

Embodied Labs

Seed Round in 2020
Embodied Labs is a virtual reality training company based in Los Angeles that develops an immersive platform for professional staff development, caregiver education, and support. The platform provides a growing library of virtual experience labs that simulate key problems and situations faced by older adults and their caregivers, enabling healthcare and related professionals to build skills and empathy while improving outcomes. With a robust data analytics backend, it tracks training performance and guides improvement, supporting transformational cultural change across long-term care, home health, government, non-profit, and academic organizations.

Absurd:Joy

Seed Round in 2019
Absurd:Joy is a remote collaboration application for flexible working. It aids the gap between existing remote collaboration tools with a human-friendly and expressive environment.

Vantage Point

Seed Round in 2018
Vantage Point is a company based in Denver, Colorado, that specializes in developing immersive employee training programs utilizing virtual reality (VR) technology. Founded in 2017, Vantage Point focuses on enterprise training in critical areas such as diversity, equity, inclusion, and workplace anti-sexual harassment. The company aims to transform traditional learning experiences by fostering empathy and personal growth through its VR platform. Its services cater to a diverse range of sectors, including technology, consumer goods, consulting, education, and recruitment. Vantage Point is led by female and black founders and is committed to enhancing soft skills and emotional intelligence in the workforce, ultimately enabling individuals to reach their full potential in their professional environments.
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