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Our Story
The WXR Story
The WXR Fund invests in gender diverse seed stage companies that are transforming business and human interaction with spatial computing (VR/AR) and artificial intelligence (AI). We are the only venture firm at the intersection of the next wave of computing and female founders.
This is the ideal time to invest in these areas. Similar to the broad impact of the internet, spatial computing will be the next way we will communicate and consume digital content. Combined with the power of artificial intelligence, new companies will be created and most industries will be transformed.
Also, diverse teams are building stronger products and companies but female founders still struggle to raise money. There is a BIG opportunity here. One study of over 300 early stage companies, over the course of 10 years, found that teams with at least one woman founder outperformed all-male teams by 63%. Time after time, research has shown that diverse teams lead to better financial outcomes.
Beyond our extensive networks, our deal pipeline comes from an accelerator program. Working closely with companies in the program allowed us to create and test a playbook for supporting portfolio companies. We also support entrepreneurs through the early stages of the start-up with broad relationships across VR, AR, investment and media communities with expertise as a serial entrepreneur and Corporate M&A. The next computing paradigm is on the verge of growth and early winners are raising now.
The WXR Accelerator
Before launching the fund, we hosted an accelerator. Meet the fantastic companies to graduate the WXR Accelerator below.
In 2018 & 2019, the WXR Fund hosted a virtual accelerator program comprised of a curated mentor program, focused learning seminars, speaking and media opportunities, and a founder community framework to support pre-seed spatial computing and AI companies.
The 2019 cohort was hosted in partnership with Verizon 5G Labs, which offered participating startups additional opportunities to utilize Verizon resources and mentorship from Verizon executives.
By the end of 2019, 26 startups had completed the WXR Fund Accelerator program. These female founders’ companies range in focus from retail to education to medical to industrial industries. The WXR Accelerator founders have pitched VCs, participated in content series with industry leaders through our content and event programming, and worked with our WXR mentors to hone their business models and continue evolving as strong leaders. While we no longer host the accelerator, these companies remain an important part of our story and community.
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Education
Alchemie creates innovative, digital learning technology for students from grades 7 through 16. Making intuitive learning both accessible and affordable for students everywhere, Alchemie transforms traditional pedagogy into game-based learning modules.
Equally is building the future of kids’ physical wellbeing and edutainment with physically active and social experiences. Their product DaVinci Club AR is an augmented reality entertainment platform with which children physically move and explore the real world with their friends while learning about language, culture, and environment.
Healthcare & Wellness
Conquer Experience is a digital experience company focused on delivering ‘Education as an Experience’™. Their award-winning product PeriopSim is built on their proprietary Experience Platform and has been used in over 200 North American Hospitals, saving dollars and improving patient safety from day one. PeriopSim is the subject of the top ranking international peer reviewed academic research paper on BMC Medical Education.
Neuro Rehab VR creates immersive rehabilitative games customized for patients who have suffered a stroke or a Traumatic Brain Injury (TBI). Patients show improvements after only 2 to 3 sessions of Neuro Rehab’s applications, and are even able to continue their therapy at home with portable immersive devices.
StoryUP’s Healium product is a biometrically-controlled, drugless solution for stress— a therapeutic media product powered by the user's feelings via wearables. Brain patterns and heart rate control these virtual and augmented reality experiences. Frontiers in Psychology and the Journal of Neuroregulation both published studies on Healium’s ability to quickly reduce anxiety and increase feelings of positivity in as little as four minutes using real-time EEG feedback and heart rate. Healium is used worldwide in areas of acute, workplace, or situational stress and will soon be on 28 airlines to calm passengers on long haul flights.
Embodied Labs offers VR training that enables health care providers to step into the perspective of the patient or their care team. The company activates transformational cultural change in long term care, home health, government, non-profit, and academic organizations by changing the way professional and family caregivers view — and care for — older adults.
Enterprise
Vantage Point is a sexual harassment training tool focused on identifying sexual harassment, individual response training, bystander intervention (passive, active), and sexual harassment stigma training. Their clients are HR departments within corporate companies via annual software license renewals. Through providing the most effective and scalable tools, Vantage Point can reduce financial liabilities associated with corporate sexual harassment and sexual conduct mishandling, increase employee retention and productivity, and create a safer working environment.
VR Americas is using spatial computing systems (XR + AI) to sharpen organizations’ competitive edge and improve performance and long-term sustainability through workforce skills development.
Future Sight AR provides augmented reality work instructions to field engineers & construction workers in the oil, gas & chemical (OG&C) industry. Their clients can save up to 80% of rework and millions of dollars in lost production days and liquidated damages. FutureSight’s technology keeps projects lean, efficient and safe; vendors and standards organizations partner with them to provide the best service and stay competitive in a contracting market.
AI-powered strategy & results management platform to enable enterprises to execute on their company strategies and OKRs, with predictions and recommendations, to increase speedy adoption across your company.
Media & Entertainment
Living Popups is an interactive content platform and media company bringing together IC, AR/VR, and EQ. The company creates personalized and impactful content powered by immersive technology in verticals like education, travel, museums, entertainment, gaming, events, and advertising.
PopBase is a personalized, interactive fan club that engages with consumers, anytime, anywhere through applied game mechanics. PopBase is key to a future where brands of any size can be always interactive, magical, and authentic.
SVRF is the first search engine for immersive content for virtual reality and augmented reality. SVRF is the go-to destination for consumers to search and discover all immersive content (360/3D/AR), by indexing the best and most popular immersive content across the web.
SensXR is building SecondLook XR, an in-flight app presenting location-triggered immersive content on your phone, tablet, or XR gear to “make every seat a window seat”.
Beast, Inc. is on a mission to create AI-driven pets that are as emotionally compelling as real pets.
Developer Tools
Xesto builds device-agnostic PaaS to let developers & creators quickly train machine learning models to respond to gestures. These gestures can be seamlessly integrated into applications (like an interactive dashboard or an AR/VR experience) through an API for quick and accurate gesture recognition software.
Tvori is a VR animation and prototyping software. Tvori allows XR teams to design UI/UX for immersive experiences, prototype apps and games by animating user flows, speed up collaboration and turnaround between all stakeholders.
Retail & Fashion
With more than a million selfies clicked everyday and the exponential growth of AR apps, camera marketing is the next wave of advertising. HypeAR is an easy-to-integrate advertising platform for developers and advertisers to deliver AR ads. The company is helping build the next wave of camera-first marketing with best in class tools and giving brands and creators the opportunity to showcase their products in a new light.
Obsess is an Augmented & Virtual Reality shopping platform for Experiential E-commerce. They enable brands and retailers to create mobile AR, MR and VR shopping experiences and virtual stores that run on their proprietary 3D Commerce Cloud platform.
Savitude’s Design Communications SaaS Platform, for brands and retailers, expands beyond the hourglass body shape using design intelligence to personalize clothing design & current fashion trends for all body types for confident fit and appearance. Savitude engineers sat side-by-side with designers to create the AI Explorer, ideating clothing designs updated with the latest trends while remaining true to Brand DNA. Designers and merchandisers can gain input from valuable colleagues while getting to market faster.