Virtualitics
225 S Lake Ave Ste 120, Pasadena, CA, 91101, United States
Overview
Virtualitics offers a platform that combines 3D visualizations, knowledge graphs and AI to reveal relationships and patterns in complex datasets, with features that accept plain-English questions and generate annotations and explanations. Its visualizations can be viewed in VR and AR and annotations can be embedded in reports and dashboards for sharing across organizations. The company cites use cases across financial services (fraud detection), marketing (customer-segmentation) and government, and has partnered with defense and national security customers since 2017. Virtualitics reports year-over-year revenue growth of 370% and currently employs 76 people. The startup has added high-profile advisors from the U.S. military and plans to accelerate its roadmap by integrating more AI, specifically generative AI, while expanding customer success and headcount. Virtualitics offers the Virtualitics Immersive Platform (VIP), a SaaS AI-driven data analytics and 3D visualization platform designed to let users discover and communicate actionable insights from complex data. The company’s patented technology stems from a decade of research at Caltech and NASA’s Jet Propulsion Laboratory. Virtualitics has secured significant defense traction, including 13 AI contracts with the Air Force, Navy, and Army and a 2020 Strategic Award from the U.S. Air Force. The $18M Series B will fund expanded support for the defense industry and accelerated commercialization across healthcare, finance, industrial IoT and motorsports with several Fortune 500 customers. Leadership plans to grow data science and engineering teams and speed deployment of roadmap features, while improving platform explainability and visualization capabilities. The company is based in Pasadena, California. Virtualitics offers an "Excel for VR" platform that lets users view and collaborate on data in immersive, three-dimensional environments. Its Shared Virtual Office feature converts VR setups into teleconferencing rooms where employees can discuss life-sized data visualizations together. The company also pushes experiences to desktop and mobile so customers don’t need many VR headsets to get started. Virtualitics says it is working to couple AI with its immersive environments to improve the insights the platform delivers. The startup closed a $7M Series B led by Centricus with participation from The VR Fund. It had previously raised $4.4M in March. Virtualitics develops an "Excel for VR" style product that brings data into virtual reality for isolation, visualization and manipulation. After loading datasets into the app, users can isolate particular data points and edit their appearance and classification. The company is positioning immersive visualization as a way to help data scientists discover different dimensions of their findings and choose algorithms more effectively. Virtualitics announced it has closed a $4.4 million Series A led by The Venture Reality Fund. The startup is launching a closed beta later this month with major customers, including Accenture, and will charge business customers on a per-device basis. CEO Michael Amori said the company expects to finish the closed beta in three to five months and then begin looking to launch on a wider scale. Virtualitics develops a data exploration platform that merges virtual/augmented reality with machine learning and natural language to visualize complex datasets. The tool can render up to ten dimensions simultaneously and offers a Shared Virtual Office for collaborative analysis, enabling both data scientists and non-expert users to spot multidimensional patterns. The company positions its VR/AR approach as able to reveal relationships that traditional 2-D and 3-D visualizations may miss. Virtualitics is based on over a decade of research at Caltech and NASA’s Jet Propulsion Laboratory and was founded by George Djorgovski, Michael Amori, Dr. Ciro Donalek, and Dr. Scott Davidoff. The product is currently in private beta and the company recently closed a $3 million seed investment from angel investors.
- Total raised
- $69M
- Funding rounds
- 5
- Latest round
- Series C
- Latest activity
- Aug 2023
Industries
- Artificial Intelligence (AI)
- Augmented Reality
- Machine Learning
- Natural Language Processing
- Virtual Reality
Recent funding
Series C
Aug 2023
$37M
Series B
Apr 2021
$18M
Series B
Feb 2018
$7M
Series A
Apr 2017
$4M
Seed
Jan 2017
$3M