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Based in Palo Alto, California, AVATOUR provides a B2B cloud software platform that utilizes live 360-degree video to facilitate real-time remote collaboration, facility tours, and site inspections. The system allows up to 20 remote participants to simultaneously explore physical spaces via web browsers or virtual reality headsets without requiring travel. Operating with an estimated workforce of under 50 employees, the enterprise software company has raised $2.9 million in seed funding to date. The platform is currently utilized by major corporate and government clients across the manufacturing, pharmaceutical, and aviation sectors, including Thermo Fisher Scientific, Colgate-Palmolive, and the Federal Aviation Administration. Financial backing for the hardware-agnostic collaboration tool has been provided by venture capital firms such as Ulu Ventures and 500 Startups. AVATOUR was founded in 2018 by Devon Copley and Prasad Balasubramanian.
AVATOUR has raised $3.0M across 1 funding round.
AVATOUR has raised $3.0M in total across 1 funding round.
AVATOUR has raised $3.0M in total across 1 funding round.
AVATOUR's investors include Ulu Ventures, Merus Capital, 500 Startups, NTT DOCOMO Ventures, Plug and Play Ventures.
AVATOUR has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in May 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2021 | $3M Seed | ULU Ventures | Merus Capital, 500 Startups, NTT DOCOMO Ventures, Plug And Play Ventures | Announced |
Avatour is a Palo Alto-based technology company founded in 2018 that builds a 360-degree video collaboration platform for remote on-site meetings, inspections, training, and virtual tours.[1][2][3] It serves industries like architecture, construction, real estate, manufacturing, logistics, and others including Thermo Fisher, Colgate-Palmolive, and the FAA, solving the problem of expensive, time-consuming travel by enabling up to 20 remote users to join live or recorded sessions via web browsers, VR headsets, or immersive rooms with full spatial context and sub-second latency.[1][2][4][5] The platform uses portable 360° cameras, cloud services, and a 360° workspace for quick deployment, reducing costs, carbon emissions, and downtime while boosting productivity.[1][7]
Avatour bootstrapped to $500,000 in annualized revenue before securing seed funding in 2021 from Ulu Ventures, Merus Capital, and 500 Startups, demonstrating strong early growth momentum in remote collaboration.[3]
Avatour was founded in 2018 by Devon Copley, who drew from prior work in "reality capture" technology to create a communication-focused application.[2][3] The idea emerged from conversations recognizing that major tech advancements often hinge on real-time communication "killer apps," leading to a platform that connects people with physical places immersively.[3] As a remote-first company, Avatour embodies values of respect, transparency, and challenge, with early traction via bootstrapping to significant revenue and seed funding in 2021, plus customers like major firms and agencies.[3][5]
Avatour rides the remote and hybrid work trend accelerated by the pandemic, capitalizing on AR/VR, 360° video, and cloud streaming advances to make physical site visits virtual.[2][3][4] Timing aligns with sustainability mandates and cost pressures in construction, manufacturing, and logistics, where travel reductions meet carbon goals amid rising fuel prices and regulations.[5][6][7] It influences the ecosystem by pioneering "remote presence" for field management, training, and real estate, competing with tools like Kumospace while fostering trust and productivity in distributed teams.[2][4]
Avatour is poised for expansion as AI-enhanced 360° capture and metaverse integrations amplify immersive collaboration, potentially scaling to more enterprise deals and global sectors like healthcare or energy.[1][4][6] Trends like edge computing for lower latency and regulatory pushes for emissions cuts will propel growth, evolving its role from niche site tool to standard in sustainable operations—building on its bootstrapped revenue and blue-chip clients to redefine "being there" without going there.[3][5][7]
