LivingCities
Reflecting the real-world into the mirror-world.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
$4.0m | Seed | ||
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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LivingCities.ai, founded in 2021 by John Gaeta and Luke Ritchie, operated as a social metaverse platform. The New York-based company aimed to develop a three-dimensional social network to connect real places with digital ones. Its primary service was an application that allowed users to scan indoor spaces with their phone cameras and sensors, transforming them into 3D environments for social experiences in the metaverse.
The company's focus was within the Social/Platform Software industry, with a vertical in Augmented and Virtual Reality. LivingCities secured $4 million in a Seed Round in May 2022, with Radar Ventures listed as an institutional investor. Despite its early-stage funding and a team of 10 employees, the company has since gone out of business.
Keywords: social metaverse, 3D social network, augmented reality, virtual reality, indoor scanning, digital twin, John Gaeta, Luke Ritchie, Radar Ventures, social platform software