Mytaverse is a technology company.
Mytaverse has raised $11.0M across 2 funding rounds.
Mytaverse has raised $11.0M in total across 2 funding rounds.
Mytaverse has raised $11.0M in total across 2 funding rounds.
Mytaverse's investors include Baselayer VC, Bessemer Venture Partners, Blumberg Capital, Earth and beyond ventures, Hanaco Ventures, Mouro Capital, MS&AD Ventures, Tamar Technology Ventures, Tau Ventures, Team8, Daniel Shinar, Ken Moelis.
Mytaverse is a technology company building the enterprise metaverse, a cloud-based platform for immersive 3D multiplayer environments that connect people, products, and ideas through persistent branded showrooms, meeting spaces, and executive briefing centers.[1][2][4] Accessible via any browser without special equipment, it serves enterprises seeking enhanced remote collaboration, virtual sales training, product demonstrations, employee onboarding, and immersive simulations, addressing limitations of traditional digital tools like video calls by offering photo-realistic, hardware-agnostic experiences with real-time communication and true-to-life physics.[1][2][4][5] With around 30 employees in Aventura, Florida, and $6.3 million in revenue, Mytaverse targets Fortune 500 companies and demonstrates growth through partnerships like Ready Player Me for avatars and AWS integration for scalable, secure deployments.[1][2][5]
Founded in 2020 amid the shift to remote work, Mytaverse was co-founded by CEO Kenneth Landau and Lopez, driven by the need for richer virtual interactions beyond fatiguing 2D tools.[2][3] Landau, a serial entrepreneur, began as a McKinsey consultant, co-founded Mail Boxes Etc. Latin America, and later Comerxia—a UPS-backed logistics software with early Amazon integration—bringing deep expertise in scaling tech for enterprises.[2] The idea emerged from envisioning a "premium business metaverse" for hardware-agnostic 3D workplaces, quickly gaining traction with major companies for virtual events and simulations, evolving from early events hosting hundreds to customized solutions for Fortune 500 clients.[2][3]
Mytaverse rides the enterprise metaverse trend, capitalizing on remote work permanence, rising virtual collaboration demands, and metaverse maturation post-2020 hype, where businesses seek cost-effective alternatives to travel for training and sales.[2][3][4] Timing aligns with cloud advancements like AWS scalability and avatar tech, enabling borderless, immersive experiences amid economic pressures favoring digital twins over physical prototypes.[1][5] It influences the ecosystem by proving metaverse viability for Fortune 500s in sectors like automotive, finance, and media, pushing competitors toward browser-native, enterprise-secure solutions and normalizing 3D for e-commerce, marketing, and HR.[3][5]
Mytaverse is positioned for expansion as enterprises prioritize immersive tools for hybrid work and customer engagement, with next steps likely including deeper AWS ecosystem integrations, expanded avatar customizations, and new sectors like healthcare simulations.[5] Trends like generative AI for content creation and edge computing for low-latency VR will amplify its hardware-agnostic edge, potentially scaling revenue beyond $6.3 million through global adoption.[1] Its influence may evolve from niche innovator to standard infrastructure, empowering businesses to transcend physical limits—just as it began by replacing cold digital fatigue with metaverse richness.[2]
Mytaverse has raised $11.0M across 2 funding rounds. Most recently, it raised $8.0M Seed in March 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2022 | $8.0M Seed | Baselayer VC, Bessemer Venture Partners, Blumberg Capital, Earth and beyond ventures, Hanaco Ventures, Mouro Capital, MS&AD Ventures, Tamar Technology Ventures, Tau Ventures, Team8, Daniel Shinar, Ken Moelis, Oliver Jung, Yuval Shahar | |
| Feb 1, 2021 | $3.0M Seed | Alumni Ventures, Declaration Partners, Digital Currency Group, Mithril Capital Management, Oak HC/FT, RRE Ventures, Ben Davenport, Dan Ciporin, Jim Pallotta, Ziv Kop |