Even Realities Valuation, Funding & Investors

Even Realities is valued at $1B as of July 2026.

Last Even Realities valuation

$1B

Series B · Jul 2026

Last Even Realities funding round

$150M

Series B · Jul 2026

Cumulative funding Even Realities raised

$159M

across 2 funding rounds

Key investors in Even Realities

Even Realities Overview

About Even Realities

Even Realities is a San Francisco-headquartered studio developing mixed reality experiences that integrate digital and physical worlds for immersive human interactions. The company creates AR/VR applications for events, education, and entertainment, including spatial audio installations and interactive holograms deployed at festivals like SXSW. Even Realities partners with brands such as Adobe and Meta to prototype experiences using Apple Vision Pro and Oculus hardware. Operating since 2020, the team delivers custom solutions for museums, corporate training, and live performances across the United States and Europe.


Founded

2023

HQ

GermanyBerlin

Status

Privately held

Customer focus

B2B

Revenue model

Services, Subscription

Valuation

$1B (Jul 2026)

Even Realities Valuation

Even Realities is currently valued at $1B, based on its Series B in July 2026.

The $150M round was led by Meituan and Tencent.

Even Realities valuation by funding round

Even Realities valuation by funding round
DateStageValuation
Jul 2026Series B$1B

Even Realities Funding History

Even Realities has raised a total of $159M across 2 funding rounds.

Even Realities' first fundraising round was a $9M Series A in July 2024. The most recent completed round was a $150M Series B in July 2026.

Even Realities funding rounds

Even Realities funding rounds
DateStageInvestorsRaisedValuation
Jul 2026Series BMeituan (lead); Tencent (lead)$150M$1B
Jul 2024Series A-$9M-

Who has invested in Even Realities?

2 investors have backed Even Realities across its funding rounds, including Tencent and Meituan.

Lead investors include Meituan and Tencent.


Even Realities Investors

Investors in Even Realities by funding rounds participated
InvestorHQRoundsRoleFirst check

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Even Realities Competitors

Even Realities competitors include listed companies like Unity and Amagi Media Labs, and private ones like ZERO10, Atmosphere, iSpot.tv and Minute Media.

Public and private companies comparable to Even Realities
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ZERO10CyprusLimassolPrivate--$320M-
UnityUnited StatesUnited StatesPublicly listed$1.8B($18M)$18B8.8x
AtmosphereUnited StatesAustin, TXPrivate$25M-$1B40.0x
iSpot.tvUnited StatesSeattle, WAPrivate$75M-$1B13.3x
Minute MediaUnited KingdomLondonPrivate$300M-$1B3.3x
Amagi Media LabsIndiaIndiaPublicly listed$157M$8M$1.3B6.3x

Even Realities Public Comps

Even Realities is still privately-owned, but its public comps include HTC, Kopin, Harmonic, Amagi Media Labs, Cover, Sun Corp., EVS Broadcast Equipment, Vista Group, Hengxin Shambala Culture and Surgical Science.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
HTC$91M$22M6.8x6.9x27.7x(6.2x)
Kopin$38M$3M22.2x15.6x338.7x(97.7x)
Harmonic$361M$24M3.0x2.3x46.2x11.9x
Amagi Media Labs$157M$8M7.2x6.3x145.2x75.9x
Cover$317M$34M1.9x1.9x17.6x9.8x
Sun Corp.$64M-21.8x22.2x--
EVS Broadcast Equipment$240M$66M1.6x1.4x5.7x5.6x
Vista Group$94M$5M4.2x3.8x85.8x20.8x

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Common questions about Even Realities

When was Even Realities founded?Even Realities was founded in 2023.
Where is Even Realities headquartered?Even Realities is headquartered in Berlin, Germany.
Is Even Realities publicly listed?No, Even Realities is a private, VC-backed company.
What is Even Realities' valuation?Even Realities was last valued at $1B in its Series B in July 2026.
How much funding has Even Realities raised?Even Realities has raised $159M across 2 funding rounds.
What was Even Realities' last funding round?Even Realities' last funding round was a $150M Series B in July 2026, led by Meituan and Tencent.
Who are Even Realities' investors?Even Realities' investors include Meituan and Tencent.
Which companies are comparable to Even Realities?Companies comparable to Even Realities include ZERO10, Unity, Atmosphere, iSpot.tv, Minute Media and Amagi Media Labs.

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