Allseated, a San Francisco, CA-based space visualization and collaboration company, raised $20M in funding.
The round saw participation from Level Structured Capital (an affiliate of Level Equity), and existing investors Magma Ventures, Vestech Partners, NYFF, and WGG.
The company intends to use the funds to further expand operations and scale its platform.
Led by Yaron Lipshitz, CEO, Allseated is a space visualization and collaboration company that offers an immersive experiences with 3D visualization, floor plan design tools, and virtual tours through digital twins. It provides various collaborative tools for showcasing and selling venues, designing detailed floor plans to scale, and offering comprehensive analytics. The experience simultaneously aims to increase sales and marketing opportunities and improves operational efficiency.
The company’s virtual space and event planning technology is built upon real-time data analysis, predictive insights, and advanced simulations. Users can enjoy precision, innovation, accessibility, design, analysis, and collaboration with multiple stakeholders, all in one platform.
Alongside the funding, Allseated is spinning out its Meetaverse division. This includes a brand-new entity with the dedicated mission to pioneer immersive experiences, such as virtual events and corporate environments, within an emerging market landscape.
FinSMEs
29/08/2023