What is 8th Wall?
8th Wall is recognized as an award-winning computer vision software company that specializes in creating interactive and immersive content accessible on any device, eliminating the requirement for app downloads. Operating the world's largest augmented reality platform, 8th Wall supports billions of devices globally. Its technology has been instrumental in AR activations for numerous leading brands across diverse sectors including retail, food and beverage, travel and tourism, automotive, fashion, sports, and entertainment. Notable brands that have leveraged 8th Wall's platform for their WebAR experiences include Nike, Porsche, Sony Pictures, Burger King, and Adidas.
How much funding has 8th Wall raised?
8th Wall has raised a total of $10.6M across 3 funding rounds:
Other Financing Round
$2.4M
Series A
$8M
Debt
$150K
Other Financing Round (2016): $2.4M with participation from Betaworks, Norwest Venture Partners, Third Kind Venture Capital, and Venture Reality Fund
Series A (2018): $8M led by Sparkland Capital, Norwest Venture Partners, Venture Reality Fund, and Shasta Ventures
Debt (2020): $150K supported by PPP
Key Investors in 8th Wall
Sparkland Capital
Sparkland Capital is an early-stage venture capital firm based in Silicon Valley that invests in frontier technology and visionary leaders, with a focus on sectors such as VR/AR and AI/Robotics.
Norwest Venture Partners
Norwest Venture Partners is a global, multi-stage venture capital and growth equity investment firm founded in 1961, with a significant presence in Palo Alto, California.
Venture Reality Fund
Venture Reality Fund is a global investment firm focused on immersive, spatial, and intelligent computing, investing in visionary founders and innovative solutions across consumer and enterprise sectors.
What's next for 8th Wall?
With the recent major strategic investment and substantial overall funding, 8th Wall is well-positioned for continued expansion and innovation. The company's focus on a device-agnostic AR platform addresses a critical market need for scalable and accessible immersive experiences. Future developments are likely to center on enhancing its platform capabilities, expanding its developer ecosystem, and forging new strategic partnerships. The company's trajectory suggests a strong emphasis on enterprise solutions, aiming to further solidify its leadership in the rapidly evolving augmented reality market and capitalize on the growing demand for interactive digital content.
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