What is Scope AR?
Scope AR is at the forefront of revolutionizing enterprise operations through its industry-leading augmented reality (AR) platform. The company provides cross-platform AR tools designed to enhance knowledge sharing and operational efficiency for complex tasks. Its device-agnostic technology supports a wide range of hardware, including smartphones, tablets, and wearables, enabling leading global organizations such as Unilever, Toyota, and Lockheed Martin to rapidly deploy AR for critical applications. These applications span remote task execution, employee training, product assembly, maintenance, repair, and field support, demonstrating the versatility and impact of Scope AR's innovative solutions.
How much funding has Scope AR raised?
Scope AR has raised a total of $11.7M across 2 funding rounds:
Angel/Seed
$2M
Series A
$9.7M
Angel/Seed (2016): $2M with participation from Presence Capital Fund and Susa Ventures
Series A (2019): $9.7M led by North American Corporation, New Stack Ventures, Angel List, Haystack, Romulus Capital, SignalFire, and Susa Ventures
Key Investors in Scope AR
Romulus Capital
Romulus Capital is an early-stage venture capital firm founded in 2008, focusing on leading Seed and Series A rounds for B2B companies that disrupt traditional industries or are deep technology firms emerging from elite research groups. The firm operates primarily in major cities such as Boston, San Francisco, Los Angeles, New York, and Dallas. Their hands-on approach is driven by their origins as a scrappy startup, maintaining a hunger for innovative technology investments. Romulus Capital aims to build great companies through strategic funding and support.
SignalFire
SignalFire is a venture capital firm designed as a technology company, focused on igniting growth for early-stage teams through data, AI, and expert support. They provide a range of services from portfolio support to strategic insights across various sectors including healthtech, fintech, and cybersecurity. With a proprietary AI platform, Beacon AI, they offer tools for talent acquisition and market intelligence. Their commitment to exceeding expectations has led to significant assets under management and a high level of satisfaction among portfolio founders.
Susa Ventures
Susa Ventures is an early-stage venture capital firm that invests in seed-stage startups, aiming to help build the next billion-dollar companies. Since its inception in 2013, the firm has partnered with over 100 startups, with 10% achieving unicorn status. Susa Ventures provides capital, community, and talent without taking board seats, believing that founders should retain control of their companies. Their portfolio includes notable companies across various sectors, including fintech, healthcare, and AI.
What's next for Scope AR?
With its latest major strategic investment, Scope AR is well-positioned to further solidify its leadership in the enterprise AR market. The company's focus on delivering practical, knowledge-based AR solutions for complex industrial and operational challenges suggests a strategic trajectory aimed at expanding its platform capabilities and deepening its integration with enterprise workflows. Future developments are likely to emphasize enhanced collaboration features, advanced AI-driven insights for frontline workers, and broader adoption across new industry verticals, reinforcing its role as a critical enabler of digital transformation for global enterprises.
See full Scope AR company page
