What is Wevr?
Headquartered in Los Angeles, Wevr is an innovative software enterprise specializing in the production of best-in-class virtual worlds and immersive experiences. The company has established a robust market position through high-profile collaborations with industry leaders such as WarnerMedia, Samsung, and Google, while delivering critically acclaimed titles like TheBlu and Gnomes & Goblins. Beyond its creative output, Wevr is currently pivoting toward the development of Wevr Virtual Studio, a cloud-native software platform designed to democratize 3D project creation and sharing. This strategic shift positions the firm at the intersection of creative media and enterprise-grade software-as-a-service (SaaS), leveraging its leadership team's deep expertise in digital entertainment and software entrepreneurship.
How much funding has Wevr raised?
Wevr has raised a total of $27.2M across 9 funding rounds:
Multiple Rounds
$3.4M
Series A
$2.5M
Private Equity
$6.7M
Debt
$750K
Unspecified
$10M
Debt
$350K
Other Financing Round
$3.5M
Debt (2012): $500K, investors not publicly disclosed
Debt (2012): $750K led by Undisclosed
Private Equity (2012): $2.1M supported by Mission Ventures
Series A (2013): $2.5M featuring Spiegel Capital Management, Digital Garage, and Palantir Capital
Private Equity (2014): $6.7M backed by Mission Ventures
Debt (2014): $750K with participation from Undisclosed
Unspecified (2015): $10M led by HTC Corp
Debt (2020): $350K supported by PPP
Other Financing Round (2024): $3.5M featuring HTC and Epic Games
Key Investors in Wevr
HTC Corp
HTC Corporation is a global technology innovator delivering award-winning products and industry firsts since 1997. The company creates inspiring products and experiences through a strong line of mobile solutions, connected devices, and VIVE virtual reality (VR) hardware and ecosystem.
Epic Games
Epic Games is a leading developer of video games and software, providing the foundational technology for interactive entertainment and 3D experiences across multiple platforms.
Mission Ventures
Mission Ventures is focused on building successful enterprises in Southern California by investing in promising early-stage companies within high growth, emerging markets.
What's next for Wevr?
With the infusion of recent capital, Wevr is well-positioned to accelerate the deployment of its Virtual Studio platform. The company's roadmap focuses on scaling its cloud infrastructure to meet the growing demand for accessible 3D design tools, effectively bridging the gap between professional-grade production and user-generated content. As the spatial computing market matures, Wevr's ability to integrate its legacy of high-fidelity storytelling with scalable cloud technology will be critical. Investors are likely looking for the company to solidify its ecosystem, potentially expanding its partnerships with hardware manufacturers and platform providers to become the standard backend for immersive 3D development.
See full Wevr company page