Octi
Octi is the world’s first augmented reality social platform where reality merges with the metaverse and empowers anyone to create vibrant content with digital objects and scenes, rewarding creators with virtual and physical goods from leading brands. Octi’s independent Los Angeles-based team builds and combines the latest in machine learning, computer vision, and AR technologies to deliver the killer applications of the future.
Octi
Octi is the world’s first augmented reality social platform where reality merges with the metaverse and empowers anyone to create vibrant content with digital objects and scenes, rewarding creators with virtual and physical goods from leading brands. Octi’s independent Los Angeles-based team builds and combines the latest in machine learning, computer vision, and AR technologies to deliver the killer applications of the future.
TL;DR
What they do: Augmented-reality social platform and mobile app that maps digital content to people and movement using computer vision and machine learning
Founded / HQ: Founded by Justin Fuisz and Brian Biggott; based in Los Angeles, California
Team size: ~30 employees
Funding: $12M total reported as of Jan 2020 (including a $7.5M seed)
Company Overview
Problem Domain
AR-enabled social interaction, creator monetization, and computer-vision-driven human motion recognition
Industry
Augmented reality; social / consumer apps
Tech Stack
Funding Track Record
$7.5M
Seed round reported to include investors such as Shasta Ventures, I2BF Ventures, Bold Capital Partners, Day One Ventures, Human Ventures, Live Nation and AB InBev, plus individual investors
$12M total (including prior seed)
Total reported funding as of January 2020
Investor Signal
“Investors have included Shasta Ventures, I2BF Ventures, Bold Capital Partners, Day One Ventures, Human Ventures, Live Nation, Anheuser-Busch InBev, and individual investors such as Tom Conrad, Scott Belsky, and Joshua Kushner”