Metadome.ai: A New Dawn in Extended Reality with $6.5 Million Funding
August 8, 2024, 9:30 pm
Google
Location: United States, New York
In the ever-evolving landscape of technology, Metadome.ai stands as a beacon of innovation. This Gurugram-based startup, formerly known as Adloid, has recently secured $6.5 million in Series A funding. The investment round was led by Siana Capital, with significant contributions from Chiratae Ventures, Alteria Capital, 3to-1 Capital, and Manish Choksi's family office. This fresh capital is not just a financial boost; it’s a launchpad for Metadome.ai to expand its horizons and enhance its offerings in the realm of extended reality (XR).
Metadome.ai specializes in creating immersive experiences through virtual reality (VR) and augmented reality (AR). Founded in 2016 by Kanav Singla, Shorya Mahajan, and Kartik Kanaujia, the company has carved a niche in sales enablement solutions. Its clientele includes industry giants like Hewlett Packard, Tata Motors, Hero MotoCorp, and Asian Paints. These partnerships are not mere transactions; they are collaborations that redefine customer engagement.
The XR industry is gaining momentum. Statista reports that it attracted $1.9 billion in investments recently. This surge underscores the growing recognition of 3D, AR, and VR technologies in enhancing customer experiences. Metadome.ai is riding this wave, positioning itself as a leader in the field. The company’s XR platform transforms how businesses interact with consumers, turning engagement into revenue. It’s a game-changer, allowing enterprises to go live almost instantly and convert interactions into tangible results.
The latest funding will be pivotal for Metadome.ai. The company plans to use the capital to expand into new regions, particularly the US, Southeast Asia, and the Middle East. This geographical expansion is not just about reaching new markets; it’s about bringing innovative solutions to a broader audience. The integration of advanced AI with XR technology will enhance the company’s capabilities, creating more engaging and effective customer journeys.
Metadome.ai’s recent partnership with Hippo Homes exemplifies its commitment to improving consumer experiences. By introducing a virtual reality experience in its Greater Noida store, Metadome.ai is revolutionizing the home improvement shopping experience. Customers can now explore products in a virtual space, making informed decisions in a way that traditional shopping cannot match. This blend of technology and retail is a glimpse into the future of shopping.
The leadership at Metadome.ai is clear about its vision. The focus is on creating the highest-converting and most engaging journeys for consumers. This commitment is not just about selling products; it’s about enhancing the overall experience. The company aims to eliminate the broken experiences often encountered in online and offline shopping. By leveraging its proprietary XR platform and advanced AI technology, Metadome.ai is poised to reshape how consumers interact with brands.
The investment from Siana Capital reflects a strong belief in Metadome.ai’s potential. The firm sees the transformative power of combining XR with AI. This partnership is not just financial; it’s a strategic alliance aimed at leading the global market in delivering cutting-edge solutions. The confidence from investors is a testament to Metadome.ai’s innovative approach and its ability to scale rapidly.
Metadome.ai is also part of prestigious programs like NVIDIA’s Inception and Google Startup. These affiliations provide the company with invaluable resources and networks, further enhancing its growth prospects. The recognition as 'Best AR/VR Company' for two consecutive years highlights its commitment to excellence and innovation.
As the XR industry continues to evolve, Metadome.ai is well-positioned to lead the charge. The company’s organic growth is impressive, with its customer base more than doubling over the past year. This growth is not just a statistic; it’s a reflection of the increasing demand for immersive experiences in various sectors, including home decor, e-commerce, and mobility.
In conclusion, Metadome.ai is not just another startup; it’s a pioneer in the XR space. The recent funding will fuel its ambitions and drive its mission to enhance customer engagement through innovative technology. As the company expands its reach and refines its offerings, it is set to become a significant player in the global market. The future is bright for Metadome.ai, and the world will be watching as it continues to redefine the boundaries of customer experience. The journey has just begun, and the possibilities are limitless.
Metadome.ai specializes in creating immersive experiences through virtual reality (VR) and augmented reality (AR). Founded in 2016 by Kanav Singla, Shorya Mahajan, and Kartik Kanaujia, the company has carved a niche in sales enablement solutions. Its clientele includes industry giants like Hewlett Packard, Tata Motors, Hero MotoCorp, and Asian Paints. These partnerships are not mere transactions; they are collaborations that redefine customer engagement.
The XR industry is gaining momentum. Statista reports that it attracted $1.9 billion in investments recently. This surge underscores the growing recognition of 3D, AR, and VR technologies in enhancing customer experiences. Metadome.ai is riding this wave, positioning itself as a leader in the field. The company’s XR platform transforms how businesses interact with consumers, turning engagement into revenue. It’s a game-changer, allowing enterprises to go live almost instantly and convert interactions into tangible results.
The latest funding will be pivotal for Metadome.ai. The company plans to use the capital to expand into new regions, particularly the US, Southeast Asia, and the Middle East. This geographical expansion is not just about reaching new markets; it’s about bringing innovative solutions to a broader audience. The integration of advanced AI with XR technology will enhance the company’s capabilities, creating more engaging and effective customer journeys.
Metadome.ai’s recent partnership with Hippo Homes exemplifies its commitment to improving consumer experiences. By introducing a virtual reality experience in its Greater Noida store, Metadome.ai is revolutionizing the home improvement shopping experience. Customers can now explore products in a virtual space, making informed decisions in a way that traditional shopping cannot match. This blend of technology and retail is a glimpse into the future of shopping.
The leadership at Metadome.ai is clear about its vision. The focus is on creating the highest-converting and most engaging journeys for consumers. This commitment is not just about selling products; it’s about enhancing the overall experience. The company aims to eliminate the broken experiences often encountered in online and offline shopping. By leveraging its proprietary XR platform and advanced AI technology, Metadome.ai is poised to reshape how consumers interact with brands.
The investment from Siana Capital reflects a strong belief in Metadome.ai’s potential. The firm sees the transformative power of combining XR with AI. This partnership is not just financial; it’s a strategic alliance aimed at leading the global market in delivering cutting-edge solutions. The confidence from investors is a testament to Metadome.ai’s innovative approach and its ability to scale rapidly.
Metadome.ai is also part of prestigious programs like NVIDIA’s Inception and Google Startup. These affiliations provide the company with invaluable resources and networks, further enhancing its growth prospects. The recognition as 'Best AR/VR Company' for two consecutive years highlights its commitment to excellence and innovation.
As the XR industry continues to evolve, Metadome.ai is well-positioned to lead the charge. The company’s organic growth is impressive, with its customer base more than doubling over the past year. This growth is not just a statistic; it’s a reflection of the increasing demand for immersive experiences in various sectors, including home decor, e-commerce, and mobility.
In conclusion, Metadome.ai is not just another startup; it’s a pioneer in the XR space. The recent funding will fuel its ambitions and drive its mission to enhance customer engagement through innovative technology. As the company expands its reach and refines its offerings, it is set to become a significant player in the global market. The future is bright for Metadome.ai, and the world will be watching as it continues to redefine the boundaries of customer experience. The journey has just begun, and the possibilities are limitless.