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High Tech Series D Founded 2011

Marxent

Marxent, operating as 3D Cloud, provides a cloud-based 3D product visualization and configuration platform for furniture, kitchen, bath, office, and outdoor retailers and manufacturers. The platform powers WebAR augmented reality experiences, real-time product configurators supporting unlimited variants, and room planning applications from a single enterprise system. Its patented AI-powered chat-based product…

📍 South Brunswick Township, United States · Augmented Reality,

Funding snapshot

Last roundSeries D
Amount$8M
Date4 May 2023
Total raised$38M
Team size144

About

Marxent, operating as 3D Cloud, provides a cloud-based 3D product visualization and configuration platform for furniture, kitchen, bath, office, and outdoor retailers and manufacturers. The platform powers WebAR augmented reality experiences, real-time product configurators supporting unlimited variants, and room planning applications from a single enterprise system. Its patented AI-powered chat-based product configuration technology enables customers to visualize furniture arrangements and styling before purchase. The platform includes a CMS, 3D digital asset management, analytics, and 3D modeling services, serving clients such as Lowe's, Ashley HomeStore, and John Lewis. SOC-2 compliant with global deployment across the US, UK, EU, Australia Zealand, the company helps retailers increase average order value and close more deals through immersive 3D commerce experiences. Founded in 2011 and headquartered in South Brunswick Township, United States, the company has raised approximately $37.9M in Series D funding from investors including Detroit Venture Partners, Stage 1 Ventures, Anorak Ventures, and Florida Funders.

Business model

Virtual Reality > Applications > Retail > Enablers > Multi-category,

Augmented Reality > Applications > Retail > Product Visualization,

E-Commerce Enablers > Customer Experience Management > Virtual Trial > Home Improvements > Furniture > AR Based,

In Store Retail Tech > Customer Experience Management > Virtual Stores,

Online Home Improvements > Enabler > Visualization Tool > Augmented Reality

Founders & team highlights

Founder with Prior Funding,

Serial Founder

Team background

Top Rated Teams > Serial Entrepreneur

Institutional investors

Detroit Venture Partners Stage 1 Ventures Anorak Ventures Florida Funders Barry Besecker

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