Highstreet
Highstreet is a metaverse and gaming company that blends retail with immersive gaming experiences, creating a multifaceted virtual world where users can explore, socialize, and transact. The platform offers virtual real estate through Highstreet Homes, allowing users to own and personalize their metaverse experience, along with a marketplace featuring in-game items and exclusive phygital products that bridge digital…
Funding snapshot
About
Highstreet is a metaverse and gaming company that blends retail with immersive gaming experiences, creating a multifaceted virtual world where users can explore, socialize, and transact. The platform offers virtual real estate through Highstreet Homes, allowing users to own and personalize their metaverse experience, along with a marketplace featuring in-game items and exclusive phygital products that bridge digital and physical commerce. Highstreet utilizes HIGH, its native in-game currency token, for purchasing assets and conducting transactions within the ecosystem, with the token available on major exchanges including Binance and Coinbase. The platform is accessible through multiple interfaces including a web browser, SideQuest VR, and a dedicated game client. Highstreet's metaverse world incorporates brand partnerships and merchant integrations, enabling companies to establish virtual storefronts and sell both digital and physical products within the gaming environment. The platform paves the way for meta-lifestyles by combining entertainment, social interaction, and commerce in a unified virtual experience. Founded in 2021 and headquartered in Los Angeles, California, Highstreet has raised $5.0M in Series A funding from investors including Mechanism Capital, NGC Ventures, Palm Drive Capital, Jump Trading, GBV Capital, Shima Capital, Encrypt.club, PANONY, Cherubic Ventures, MrBlock, Capstone Venture Group, R8 Capital, Mindfulness Capital, Everest Ventures Group, FormlessCapital, Tonic Fund, K24 Ventures, and Morningstar Ventures.
Business model
Investment Tech > Alternative Investment Platforms > Non Fungible Tokens > Marketplaces > Decentralised Exchanges > Metaverse Properties
Team background
College Wise > Queen's University
Institutional investors
Latest coverage
No articles yet.
Similar startups
PagarBook
Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
Vertice
AI-powered platform for modern finance and procurement teams. It offers features such as intake-to-procure, SaaS purchasing, and risk management.
1Kosmos
Block-chain-based passwordless authentication for customers. The products offered by the company include BlockID Verify, Workforce, and customer.
Concordium
Operator is a developer of an on-demand commerce platform that uses a network of human operators to fulfill customer requests for products through a text-based messaging interface.