InstaVR Funding, Investors & Competitors

InstaVR has raised $147M across 3 funding rounds, most recently a $140M undisclosed-stage round in June 2023.

Last InstaVR funding round

$140M

Undisclosed stage · Jun 2023

Cumulative funding InstaVR raised

$147M

across 3 funding rounds

Key investors in InstaVR

  • STRIVE
  • Colopl Next
  • The Venture Reality Fund/VRF
  • Mizuho Capital
  • YJ Capital
  • ITOCHU Technology Ventures

InstaVR Overview

About InstaVR

InstaVR is a SaaS platform for creating interactive VR apps without coding. It publishes content to iOS, Android, web, and desktop formats from 360-degree videos and photos. Businesses use it for marketing campaigns, virtual tours, and employee training, with built-in heat-map analytics for user engagement insights. Supporting headsets like Oculus Quest and Google Cardboard, InstaVR serves over 50,000 companies globally. The Tokyo-headquartered service emphasizes rapid deployment and cross-platform compatibility.


Founded

2015

HQ

JapanTokyo

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

InstaVR Funding History

InstaVR has raised a total of $147M across 3 funding rounds.

InstaVR's first fundraising round was a $2M Series A in September 2016. The most recent completed round was a $140M undisclosed-stage round in June 2023.

InstaVR funding rounds

InstaVR funding rounds
DateStageInvestorsRaised
Jun 2023Undisclosed stage-$140M
Jun 2018Series BSTRIVE (lead); YJ Capital (lead); ITOCHU Technology Ventures; The Venture Reality Fund/VRF; Mizuho Capital; Colopl Next$5M
Sep 2016Series ASTRIVE (lead); The Venture Reality Fund/VRF (lead); Colopl Next$2M

Who has invested in InstaVR?

6 investors have backed InstaVR across its funding rounds, including STRIVE, Colopl Next, The Venture Reality Fund/VRF, Mizuho Capital, YJ Capital and ITOCHU Technology Ventures.

Lead investors include STRIVE, YJ Capital and The Venture Reality Fund/VRF.


InstaVR Investors

Investors in InstaVR by funding rounds participated
InvestorHQRoundsRoleFirst check
STRIVEJapanTokyo2LeadSep 2016
The Venture Reality Fund/VRFUnited StatesSan Francisco, CA2LeadSep 2016
Colopl NextJapanTokyo2ParticipantSep 2016
ITOCHU Technology VenturesJapanTokyo1ParticipantJun 2018

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InstaVR Competitors

InstaVR competitors include listed companies like Unity and Amagi Media Labs, and private ones like Even Realities, ZERO10, ElevenLabs and WME.

Public and private companies comparable to InstaVR
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Even RealitiesGermanyBerlinPrivate--$1B-
ZERO10CyprusLimassolPrivate--$320M-
UnityUnited StatesUnited StatesPublicly listed$1.8B($18M)$18B8.8x
ElevenLabsPolandWarsawPrivate$500M-$11B22.0x
WMEUnited StatesLos Angeles, CAPrivate$1.7B-$5.5B3.2x
Amagi Media LabsIndiaIndiaPublicly listed$157M$8M$1.3B6.3x

InstaVR Public Comps

InstaVR is still privately-owned, but its public comps include Meta, Autodesk, BOE, Unity, Snap, Orbbec, Sun Corp., Amagi Media Labs, Harmonic and HTC.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Meta$201B$104B8.8x7.4x17.0x12.7x
Autodesk$7.2B$1.8B6.3x5.7x25.6x14.1x
BOE$31B$7B1.7x1.6x7.5x7.3x
Unity$1.8B($18M)10.0x8.8x(1025.6x)30.5x
Snap$5.9B($300M)1.9x1.7x(37.1x)9.8x
Orbbec$140M$23M38.8x29.3x237.6x157.8x
Sun Corp.$64M-21.8x22.2x--
Amagi Media Labs$157M$8M7.2x6.3x145.2x75.9x

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Common questions about InstaVR

When was InstaVR founded?InstaVR was founded in 2015.
Where is InstaVR headquartered?InstaVR is headquartered in Tokyo, Japan.
Is InstaVR publicly listed?No, InstaVR is a private, VC-backed company.
How much funding has InstaVR raised?InstaVR has raised $147M across 3 funding rounds.
What was InstaVR's last funding round?InstaVR's last funding round was a $140M undisclosed-stage round in June 2023.
Who are InstaVR's investors?InstaVR's investors include STRIVE, The Venture Reality Fund/VRF, Colopl Next, ITOCHU Technology Ventures, Mizuho Capital and YJ Capital.
Which companies are comparable to InstaVR?Companies comparable to InstaVR include Even Realities, ZERO10, Unity, ElevenLabs, WME and Amagi Media Labs.

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