Occipital
Occipital is a technology company.
Financial History
Occipital has raised $37.0M across 3 funding rounds.
Frequently Asked Questions
How much funding has Occipital raised?
Occipital has raised $37.0M in total across 3 funding rounds.
Occipital is a technology company.
Occipital has raised $37.0M across 3 funding rounds.
Occipital has raised $37.0M in total across 3 funding rounds.
Occipital has raised $37.0M in total across 3 funding rounds.
Occipital's investors include Foundry Group, Race Capital, Red Swan Ventures, Two Sigma Ventures, Emergence Capital, Frontier Ventures, Wisdom LLP, K9 Ventures, Practical Venture Capital, Techstars.
Occipital is a technology company specializing in mobile computer vision, 3D sensing, and spatial computing, developing hardware and software like the Structure Sensor—a pioneering 3D scanner for mobile devices—and apps such as RedLaser and 360 Panorama.[1][2] It served developers, businesses, and consumers by enabling real-time 3D mapping, AR/VR experiences, and barcode scanning, solving challenges in capturing and interacting with physical environments digitally; the company raised $34.3 million in venture funding, employed around 59 people, and generated about $8-10.5 million in revenue before its acquisition by Matterport in November 2021.[2][3]
Post-acquisition, Occipital's technologies enhanced Matterport's digital twin and 3D capture platforms, contributing to AR/VR and spatial data ecosystems while maintaining a Boulder, Colorado headquarters as its R&D hub.[1][2]
Founded in 2008 in Boulder, Colorado, Occipital emerged as a venture-backed startup blending science lab innovation with software development, initially backed by Techstars.[1][3] The company gained early traction with RedLaser, a barcode-scanning app acquired by eBay in 2010, followed by 360 Panorama in 2010, which simplified 360-degree imaging.[1] A pivotal moment came in 2013 with the launch of Structure Sensor, the first 3D sensor for mobile devices, which became the 6th highest-funded tech project on Kickstarter and included a powerful iOS SDK for real-time tracking and mapping.[1][2]
Details on specific founders are not detailed in available sources, but the team's engineering-driven culture focused on computer vision and 3D tech from the start, evolving from mobile apps to hardware-software integration amid growing AR/VR demand.[1][2]
Occipital rode the explosive growth of spatial computing and AR/VR trends in the 2010s, capitalizing on smartphone camera advancements and Kickstarter's crowdfunding boom to democratize 3D sensing.[1][2] Its timing aligned with rising demand for digital twins and immersive tech, fueled by market forces like mobile AR adoption (e.g., Pokémon GO era) and enterprise needs for 3D mapping in real estate, manufacturing, and e-commerce.[2]
By integrating with Matterport post-2021 acquisition, Occipital amplified the spatial data ecosystem, influencing platforms for virtual tours and metaverse applications while competitors like AppIt Ventures trailed in mobile 3D hardware.[2][3]
Now part of Matterport, Occipital's tech will likely evolve within larger spatial AI platforms, powering advanced digital twins amid trends like AI-enhanced AR and industrial metaverses.[2] Expect deeper integration with robotics and cloud-based 3D processing, shaped by 5G/edge computing and generative AI for real-time modeling.
This positions Occipital's legacy—from barcode apps to 3D sensors—as a foundational force, enhancing Matterport's edge in a $100B+ spatial computing market.
Occipital has raised $37.0M across 3 funding rounds. Most recently, it raised $15.0M Series C in January 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2018 | $15.0M Series C | Foundry Group, Race Capital, Red Swan Ventures, Two Sigma Ventures | |
| Jul 1, 2015 | $15.0M Series B | Emergence Capital, Foundry Group, Frontier Ventures, Race Capital, Red Swan Ventures, Two Sigma Ventures, Wisdom LLP | |
| Aug 1, 2011 | $7.0M Series A | Foundry Group, K9 Ventures, Practical Venture Capital, Race Capital, Red Swan Ventures, Techstars, Two Sigma Ventures |