Metadome.ai raises $6.5M in Series A funding to bring immersive experiences to home décor, e-commerce, and mobile.

Metadome.ai secures $6.5M in Series A funding led by Siana Capital, with participation from Chiratae Ventures and others. The investment will strengthen their XR and AI capabilities across interior design, e-commerce, and mobility as they seek rapid global expansion and improved customer experiences.

Troy, MI – August 14, 2024 —

Augmented reality (XR) startup Metadome.ai, which specializes in enabling sales using virtual reality (VR) and augmented reality (AR) solutions, has raised $6.5 million in its latest Series A funding round. The funding was led by Siana Capital and existing investor Chiratae Ventures, with new participation from Alteria Capital, 3to1 Capital, and Manish Choksi’s family office. The company plans to deploy the investment to expand into new geographies and enhance its ability to deliver advanced XR combined with AI advancements.

Improving customer experience and recognizing growth

“Consumers often have problems browsing websites and offline” says Founder and CEO of Kanav Singla. “We build products across home décor, e-commerce and mobility to create the most converting and engaging journeys. Our proprietary XR platform and advanced AI technology help us get there faster.”

Metadome.ai has grown organically and its customer base has grown since last year. The company is also part of the NVIDIA Inception and Google Startup programs and has won “Best AR/VR Company” for two consecutive years.

Investor confidence

A spokesperson for Siana Capital expressed confidence in Metadome.ai’s vision, stating, “We believe in the potential of combining augmented reality with artificial intelligence to create immersive experiences. Our investment reflects our confidence in Metadome.ai’s vision and its ability to lead the global market in delivering solutions.”

Chiratae Ventures Founder and Vice President, TC Meenakshisundaram, describes the company’s approach: “Metadome.ai has transformed customer engagement for the better with its XR platform, enabling enterprises to go live almost instantly and turn engagement into business. We expect Metadome.ai to rapidly scale globally beyond our shores.”

Scaling and hiring

“This round of funding is intended to help Metadome.ai continue to scale its systems and hire experts” says CTO and co-founder Kartik Kanaujia. “We are excited about the opportunity to expand our capabilities, which will allow us to build a strong team and technology.”

The injection of capital from reputable investors shows confidence in the potential of customer-centric XR technology. According to Statista, the $1.9 billion investment shows how important AR and VR are in improving customer service, logistics and retail experiences.

Global expansion

“With this funding, Metadome.ai aims to double its position in markets spanning the US, Southeast Asia and the Middle East” says Co-Founder and COO Shorya Mahajan. “We are delivering on our mission to provide our customers with unparalleled XR and AI capabilities to help them make informed product discovery and purchasing decisions.”

Alteria Capital Senior Vice President (SVP), Akshat Saxena, adds: “We are excited to partner with Metadome as they continue to build a global product company from India. Their focus on achieving the right GTM for overseas markets and this capital raise puts them in a strong position to scale the business and achieve desired milestones for all stakeholders.”

About Metadome.ai

Metadome.ai, a leading XR company specializing in immersive AR, VR, and AI solutions for interior design, e-commerce, and mobility, is expanding its global footprint and enhancing its technology offerings to further transform customer engagement across key industries.

Contact details:
Name: Mohana M
Email: Send Email
Organization: Metadome.ai
Website: https://www.metadome.ai

Edition number: 89138316

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