Immersed

Spatial Computing — Powered by AI, and Endorsed by Founder of $2 Billion Oculus

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Company Information

Website:

https://immersed.com/

Sector:

Collaboration & Project Management Software

Location:

Austin, TX

Immersed has created a virtual- and augmented-reality headset that enables you to work inside a virtual environment.

This company’s headset features a technology known as spatial computing — a combination of physical and virtual worlds that create an immersive experience. In fact, Immersed is really a three-pronged business, offering:

1. Proprietary software.
2. Next-generation hardware.
3. Artificial Intelligence.

You see, working through virtual headsets is becoming a fast-growing trend. Big-name companies like Google, Apple, and Sony are developed headsets featuring VR/AR technology.

But most of these headsets are too heavy, too bulky, or simply too ugly. They haven’t been a hit with consumers.

That’s why Immersed created something different. Its Visor headset has a higher resolution than Apple’s Vision Pro. It’s also seventy-percent lighter and seventy-percent more affordable.

Noted Palmer Luckey, Founder of Oculus, a VR company acquired by Facebook in March 2014 for two billion dollars, “I have literally hundreds of head-mounted displays, so believe me when I say Visor is something special.”

Powering Visor is Immersed’s spatial-computing software. This software virtualizes your work environment and gives you multiple virtual screens in a private, distraction-free setting. It even has screen-sharing capabilities for hybrid-remote teams.

Most recently, Immersed created Curator, an AI computer-using agent. Essentially, this works as an AI assistant that distills everything you observe and interact with into actionable tasks and insights.

Curator observes the work you do on your computer and in your virtual environment. Then it proactively nudges you toward your next productive step. It can even take on some actions for you.

Both Visor and Curator have pending patents covering their technology. Immersed has raised nineteen million dollars and generated around seven million dollars in revenue. Notably, the company has partnerships with Google, Samsung, Meta, Microsoft, and Intel.

Immersed aims to ship its Visors by the end of summer 2025.

Team Background

Renji Bijoy - Founder & CEO

Prior to starting Immersed, Renji was an engineering consultant with Firehose Project, an ed-tech company mentoring top engineers from around the world. Before that, he held a similar role with Viking Education, a software-development firm.

Early on, he was a lead-software architect with CNN. And before that, he was a senior-software engineer with CareerBuilder, a career-services company.

Renji holds a Bachelor’s degree in Mathematics and Computer Science from Emory University and a Master’s degree in Computer Science from Georgia Tech.

Romeo Cabrera-Arevalo - Director of AI

Romeo has more than fifteen years of experience in program management, AI engineering, and data analytics.

Prior to Immersed, he was a senior-data scientist with Banco Pichincha, a banking company. Before that, he spent fifteen years as a software engineer with Claro Ecuador, a telecommunications company.

Romeo earned a Bachelor’s degree in Computer Engineering and holds a Master’s degree in Computer Science from Georgia Tech.

Joe Bernardi - VP of XR Development

Prior to his time with Immersed, Joe spent seven years as an account executive with American Gaming Systems, a gaming and entertainment company. Before that, he was in sales with Betson Enterprises, another entertainment provider.

He holds a Bachelor’s degree in Business Administration and Management from Bradley University.

Co-Investors

Raising
$5 million
Committed
$2.017 million (40%)
Current Valuation
$200 million Cap / 0% Discount
Min. Investment
$1000
Deal Type
Title III
(For all investors)
Offering Type
Convertible Debt
Finance History
  • $950K
    2020-04-01
    Unknown
  • $265K
    2018-10-01
    Unknown
  • $340K
    2017-11-01
    Unknown
Notable Investors
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