5 Augmented And Virtual Reality Business Success Stories [2024]

Pat Walls

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Updated: November 19th, 2023

Start An Augmented And Virtual Reality Business

Here are some real life success stories of starting a augmented and virtual reality business:

1. Mazing ($120K/year)

Marco, the founder of MazingXR, came up with the idea for his business after attending a startup event and reconnecting with a talented software developer named Stefan. They saw the potential for augmented reality and spent two months researching and developing their product before launching. They focused on sales and meeting potential customers in person to attract and retain them.

How much they make: $120K/year
How much did it cost to start: $100
Current team size: 3

We Developed A $120K/Year Augmented Reality Solution For E-commerce

MazingXR is an augmented reality solution for e-commerce that generates $120k/year, and has grown from an MVP to a team of 9 people, with a focus on organic growth, personal customer connections, and continuing to develop the innovative potential of AR and NFTs.

About

Marco started Mazing about 4 years ago

Revenue

Marco grew the business to $10K/month

Costs

It cost Marco $100 to start the business

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2. EDIIIE ($3.6M/year)

Gautam Arjun, the co-founder of EDIIIE, came up with the idea for the business after working with EdTech and health tech firms that wanted to create interactive and immersive learning experiences. The success of their first projects, including a virtual reality journey through the solar system and a VR solution to cure Amblyopia, confirmed that they were on the right path. Now, EDIIIE is India's largest solution provider for AR/VR/MR and Gamification needs, with a team of 150+ employees and a diverse portfolio of projects.

How much they make: $3.6M/year
How much did it cost to start: $150K
Current team size: 150

How We Make $3.6M/Year Building The Top World's Metaverses

EDIIIE is a creative technology company that uses AR/VR/MR and gamification to design and develop next-generation experiences for global brands, with over 150 experienced employees across three offices, having successfully delivered 200+ projects to businesses worldwide, including training modules for leading manufacturing firms, delivered some of the top projects to many leading firms across industries, and are currently looking to hire for senior positions.

About

Gautam started EDIIIE over 7 years ago

Revenue

Gautam grew the business to $300K/month

Costs

It cost Gautam $150000 to start the business

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3. Seamm ($150K/year)

Marina Martianova, founder and CEO of Seamm, came up with the idea for her business by combining her passions for fashion and gaming. After founding and growing a successful food-tech startup, Marina saw the opportunity to bridge the gap between the fashion and gaming industries and create a platform that allows users to fully express their identity in virtual worlds. Since launching in December, Seamm has already onboarded six brands and aims to continue innovating in the digital fashion space.

How much they make: $150K/year
How much did it cost to start: $200K
Current team size: 19

How We Built A $12.5K/Month Business Helping Clothing Brands Innovate Their Digital Spaces With 3D Models

Seamm is a U.S.-based startup that bridges the gap between real-world fashion and virtual worlds, creating digital twins of real-world fashion collections for video games and metaverses, with key features including phygital QR codes and a marketplace with purchase and trade functionality.

About

Artem started Seamm over 2 years ago

Revenue

Artem grew the business to $12.5K/month

Costs

It cost Artem $200000 to start the business

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