Avatar-in

Avatar-in

Avatar-in develops momentary movement solutions for social infrastructure. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$114—171m (Dealroom.co estimates Jul 2024.)
Tokyo Japan (HQ)
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DateInvestorsAmountRound
*

$1.8m

Seed
*

JPY2.0b

Series A
*

JPY3.7b

Series B
Total Funding$45.7m

Recent News about Avatar-in

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Avatarin is a forward-thinking startup that aims to revolutionize how people connect and interact, regardless of physical distance or limitations. The company operates in the burgeoning market of remote presence and telecommunication technology. Avatarin's primary product is a platform that allows users to experience and interact with remote environments through avatars—robotic or virtual representations of themselves. This technology is particularly useful for businesses, educational institutions, and events that require a physical presence but face logistical challenges.

The clients Avatarin serves are diverse, ranging from corporate organizations looking to facilitate remote work and virtual meetings, to educational institutions needing to conduct online classes and graduations, especially in the wake of the COVID-19 pandemic. Additionally, the platform is beneficial for events and festivals that want to offer a virtual attendance option, thereby expanding their reach and inclusivity.

Avatarin's business model is based on a subscription and service fee structure. Clients pay for access to the platform and the use of avatars, either through a recurring subscription or a one-time fee for specific events. This model ensures a steady revenue stream while also allowing flexibility for clients with varying needs.

The company makes money by charging for the use of its platform and avatars. This includes fees for setting up and maintaining the avatars, as well as additional charges for premium features and services. By offering a scalable solution that can be customized to fit the needs of different clients, Avatarin is well-positioned to capture a significant share of the remote presence market.

In summary, Avatarin is a startup that leverages advanced technology to break down physical barriers, enabling seamless remote interactions for a variety of clients. Its innovative platform and flexible business model make it a compelling option in the remote presence and telecommunication space.

Keywords: remote presence, avatars, telecommunication, virtual meetings, online education, corporate solutions, event technology, subscription model, COVID-19 adaptation, scalable platform.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.