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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

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
-
-
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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 - .

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 :
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for XREAL
2017, Sunnyvale (United States), Series C
Internet first brand offering smart eyewear
$300M
Sequoia Capital, GP CapitalÌý&²¹³¾±è;Ìý
65/100
2nd
Logo for Magic Leap
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
Logo for Mojo Vision
Mojo Vision
2015, Saratoga (United States), Series B
Developer of AR-based display technology
$226M
66/100
4th
Logo for Vuzix
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
Logo for RealWear
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
Logo for DigiLens
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
Logo for OrCam
OrCam
2010, Jerusalem (Israel), Series B
AI-based eye wearable devices to assist the visually impaired
$86.4M
GBZ Technologies, Aviv Venture CapitalÌý&²¹³¾±è;Ìý
63/100
8th
Logo for Avegant
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
Logo for Lingxi AR
Lingxi AR
2014, Haidian (China), Series B
Developer of lenses for AR displays
$15.8M
58/100
10th
Logo for Lucyd
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.
•
Cerebral•Jan 09, 2025•XREAL
•
Telecompaper•Jan 08, 2025•XREAL
•
Engadget•Jan 07, 2025•XREAL
•
CNW•Jan 07, 2025•XREAL
•
Gadgets 360•Dec 05, 2024•XREAL
•
MIXED Reality News•Oct 07, 2024•XREAL, Alibaba, NIO Capital, Sequoia Capital and 2 others
•
China Daily•Aug 01, 2024•XREAL
•
TechCrunch+•Jun 18, 2024•XREAL
•
CNW•Jun 18, 2024•XREAL
•
The Verge•Jun 18, 2024•XREAL
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