XREAL - About the company
XREAL is a series C company based in Sunnyvale (United States), founded in 2017 by , and . It operates as an Internet first brand offering smart eyewear. XREAL has raised $300M in funding from investors like Kuaishou Technology, Alibaba and Sequoia Capital, with a current valuation of $1B. The company has 149 active competitors, including 45 funded and 6 that have exited. Its top competitors include companies like Magic Leap, Mojo Vision and Vuzix.
Sectors and market segments that XREAL operate in
XREAL serves in the B2C space in the Retail, High Tech, market segments.The primary business model of XREAL are:Company Details
Internet first brand offering smart eyewear. The company offers augmented-reality glasses that are compatible with gaming consoles, computers, and mobile phones. It can connect both wired and wirelessly to devices and has an adjustable virtual display.
- Website
- Social
- Email ID
- @xreal.com
- Phone Number
- +1
Key Metrics
Founded Year
2017
Location
Sunnyvale, United States
Stage
Series C
Total Funding
in 2 rounds
Latest Funding Round
Post Money Valuation
as on Jan 30, 2024
Investors
Ranked
1st among
Similar Companies
Vuzix &
Legal entities associated with XREAL
XREAL is associated with 1 legal entity given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
---|---|---|---|---|
Aug 11, 2014 | - | 918 | 665 |
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XREAL's funding and investors
XREAL has raised a total funding of $300M over 2 rounds. Its first funding round was on Sep 04, 2020. Its latest funding round was a Series C round on Jan 29, 2024 for $60M. 4 investors participated in its latest round, lead by Alibaba, NIO Capital, Sequoia Capital and Kuaishou Technology.
XREAL has 7 institutional investors including Kuaishou Technology, Alibaba and Sequoia Capital.
Here is the list of recent funding rounds of XREAL:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Jan 29, 2024 | $60M | Series C | - | - | |
Sep 04, 2020 | $40M | Series B | - | - |
View details of XREAL's funding rounds and investors
XREAL's founders and board of directors
The founders of XREAL are , and . is the CEO of XREAL. has founded 1 more company - . has founded 1 more company - .
View details of XREAL's Founder profiles and Board Members
XREAL's Competitors and alternates
Top competitors of XREAL include Magic Leap, Mojo Vision and Vuzix. Here is the list of Top 10 competitors of XREAL, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() 2017, Sunnyvale (United States), Series C | Internet first brand offering smart eyewear | $300M | Sequoia Capital, GP CapitalÌý&²¹³¾±è;Ìý | 65/100 |
2nd | Magic Leap 2011, Plantation (United States), Acquired | Provider of a head-mounted virtual retinal display to view augmented reality | $4.07B | Obvious Ventures, Grupo GloboÌý&²¹³¾±è;Ìý | 68/100 |
3rd | ![]() Mojo Vision 2015, Saratoga (United States), Series B | Developer of AR-based display technology | $226M | New Enterprise Associates, Vanedge CapitalÌý&²¹³¾±è;Ìý | 66/100 |
4th | Vuzix 1997, Rochester (United States), Public | Provider of smart glasses for remote support and teleconferencing | - | Intel, ARK Investment ManagementÌý&²¹³¾±è;Ìý | 66/100 |
5th | ![]() RealWear 2016, Vancouver (United States), Series C | Provider of wearable heads-up display for industrial workers | $128M | Startup Autobahn, RealMaxÌý&²¹³¾±è;Ìý | 65/100 |
6th | ![]() DigiLens 1999, Sunnyvale (United States), Series D | Designs optical waveguide technology for HUD, AR and biometric applications | $247M | Alsop Louie Partners, Ìý&²¹³¾±è;Ìý | 64/100 |
7th | AI-based eye wearable devices to assist the visually impaired | $86.4M | GBZ Technologies, Aviv Venture CapitalÌý&²¹³¾±è;Ìý | 63/100 | |
8th | Avegant 2012, Belmont (United States), Series B | Develops hardware and software-based light field technology solutions | $66.9M | Intel, Ìý&²¹³¾±è;Ìý | 58/100 |
9th | Developer of lenses for AR displays | $15.8M | Sequoia Capital, Shenzhen Wudao CapitalÌý&²¹³¾±è;Ìý | 58/100 | |
10th | Lucyd 2017, Miami (United States), Public | Internet-first brand offering smart glasses and eyewear | $649K | 54/100 |
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XREAL's Investments and acquisitions
XREAL has made no investments or acquisitions yet.
Reports related to XREAL
Here is the latest report on XREAL's sector:
View
News related to XREAL
Media has covered XREAL for a total of 15 events in the last 1 year, 14 of them have been about company updates.
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Cerebral•Jan 09, 2025•XREAL
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Telecompaper•Jan 08, 2025•XREAL
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Engadget•Jan 07, 2025•XREAL
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CNW•Jan 07, 2025•XREAL
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Gadgets 360•Dec 05, 2024•XREAL
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China Daily•Aug 01, 2024•XREAL
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TechCrunch+•Jun 18, 2024•XREAL
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CNW•Jun 18, 2024•XREAL
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The Verge•Jun 18, 2024•XREAL
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