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§ Private Profile · Los Angeles, CA, USA
Augmented reality technology developer creating Smart Glasses and Smart Helmets for industrial applications to boost workforce productivity.
DAQRI was a Los Angeles, California-based technology company that developed augmented reality wearable hardware and software designed specifically for industrial applications. The enterprise-focused firm scaled to a peak of 100 to 250 employees and raised approximately $275 million in total venture funding, backed by lead investor Tarsadia Investments, after an early valuation of $5 million in 2013. Initially creating smartphone applications with early partners like Crayola, the company later pivoted to manufacturing high-end enterprise hardware, such as a $15,000 Smart Helmet pitched to clients including the US Navy. To support its expanding technology stack, the organization completed several strategic acquisitions over its operational lifecycle, purchasing specialized companies such as ARToolworks and Melon before ultimately shutting down its operations in September 2019. DAQRI was founded in 2010 by Brian Mullins, Gaia Dempsey, and Philip Tolk.
DAQRI has raised $15.0M across 1 funding round.
DAQRI has raised $15.0M in total across 1 funding round.
DAQRI has raised $15.0M across 1 funding round. Most recently, it raised $15.0M Series A in June 2013.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 4, 2013 | $15M Series A | Tarsadia Investments | — | Announced |
DAQRI has raised $15.0M in total across 1 funding round.
DAQRI's investors include Tarsadia Investments.