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AmazeVR

Extended Reality
Product stageSegments
Early
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AR/VR platforms
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AmazeVR initially focused on developing VR technologies but pivoted to VR concerts in late 2019. The concerts are backed by proprietary 9K cameras and software that automate complex VR concert visual effects that run on more than 100 headsets simultaneously. Users join and hang out with other users as avatars while experiencing VR concerts. It intends to bring VR concerts by major artists to theaters and eventually, homes.

AmazeVR rolled out its first commercial VR concert, which will feature 3x Grammy winner Megan Thee Stallion, in 2022. The artist is expected to tour select AMC Theaters across the US. It is also in the final stages of closing deals with its second and third artists. AmazeVR also revealed plans to release weekly content by 2024 in theaters and for at-home viewers.

In July 2023, AmazeVR launched its official AmazeVR Concerts app, featuring an exclusive VR concert from Swedish pop star, Zara Larsson. The app is available on major VR app stores, and the exclusive Zara Larsson VR concert can be accessed for a year at a launch price of USD 6.99. AmazeVR also produces and monetizes VR content on a subscription basis.

As of August 2023, the company was in the process of producing and releasing mixed reality concerts by overlaying virtual elements onto live, real-world video.

Funding and financials

The company’s most recent funding was in September 2022, when it raised USD 17 million in a Series B funding round led by Mirae Asset Capital. The fresh funds were allocated to expand partnerships with artists, artist management companies, labels, publishers, and agencies.

Extended Reality

Extended Reality

Key stats
Featured companies
238
Total funding (USD)
13.6 Bn
Total addressable market (USD)
100.4 Bn
Key competitors
 
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Product Overview
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Company profile
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Recent Updates

Product updates
Jul 14, 2023
AmazeVR launches app with exclusive Zara Larsson concert at USD 6.99
Extended Reality
Funding
Sep 27, 2022
AmazeVR raises USD 17 million in Series B funding
Extended Reality
Funding
Jan 11, 2022
AmazeVR raises USD 15 million to expand employee headcount
Extended Reality

Company Brief


HQ location:
5670 Wilshire Blvd Suite 600 Los Angeles CA USA
Founded year:
2015
Employees:
51-100
Total Funding:
USD 50.8 million
Last Funding
USD 20.0 million, Sep 2022

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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