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JigSpace

Extended Reality
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Growth
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Content
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Australia-based JigSpace offers a platform for creating WebAR models and 3D presentations, describing itself as a 3D-version of Canva or PowerPoint. Users can create guided AR product tours to highlight inner workings or processes by uploading relevant CAD files. These “Jigs” can be embedded directly onto a website or QR code and are viewable in AR without the need for an external app download. Additionally, the Jigs can be edited directly, without the use of CAD software or programming knowledge. Other software applications include use in trade shows, marketing, and enterprise training.

In November 2023, the company announced Jig Spark, a GenAI tool for creating customizable 3D presentations, which can subsequently be converted into AR. JigSpace uses an in-house development GenAI model based on a selection of over 300,000 Jigs created by its team.

The company offers a freemium model, with paid monthly subscriptions ranging USD 140–500 per month (with discounted pricing plans for educators), with custom pricing for larger enterprises.

Key customers and partnerships

Notable customers include PepsiCo, Panasonic, and Medtronic. The company claims that it is the world’s highest-rated AR demonstration app, with over 5 million downloads as of April 2023. 

In May 2021, the company partnered with Snap, allowing Jigs to be viewable within its Snapchat app.

Funding and financials

In April 2023, JigSpace raised AUD 5.2 million (~USD 3.4 million) in a funding round from Investible, Rampersand, and Vulpes Investment Management. The funds were earmarked for global expansion purposes.

Extended Reality

Extended Reality

Key stats
Featured companies
239
Total funding (USD)
13.6 Bn
Total addressable market (USD)
100.4 Bn
Key competitors
 
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EDGE Insights

XR and MEP (Q4 2023): XR GenAI adoption accelerates alongside funding rebound

Recent Updates

Product updates
Nov 2, 2023
JigSpace launches Spark Gen AI tool for AR content creation
Extended Reality

Company Brief


HQ location:
Melbourne AUS
Founded year:
2015
Employees:
11-50
Total Funding:
USD 11.3 million
Last Funding
USD 5.2 million, Apr 2023

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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