Allseated Raises $15M In Funding

Allseated

Allseated, a San Francisco, CA-based metaverse platform provider, raised $15m in funding.

Backers included Trinity Capital, Vestech Partners, NYFF, Magma Venture Partners, and WGG.

The company intends to use the funds to further scale its metaverse platform, to expand beyond events, into corporate use, boosting revenue growth and product development.

The metaverse, expected to be a $1 trillion market opportunity, brings new ways to connect people in immersive experiences. It gives users a sense of presence in virtual environments and enables new ways to communicate, explore and engage.

Led by Yaron Lipshitz, CEO, and Daniel Anisman, CTO, Allseated provides a platform that has the ability to create metaverse environments to bring employees together, power lead generation, and support sales acceleration. The company has pioneered the use of immersive virtual environments over web browser and VR headsets to plan, sell, and execute events in venue digital twins. A leader in event tech solutions, Allseated is expanding the use of its technology to deliver corporate metaverse, providing immersive virtual environments for corporations to host meetings, facilitate interactive sales experiences, and create entirely digital offices — all in one platform.

The company has a team of 120 worldwide.

FinSMEs

15/03/2022