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Presence Capital

San Francisco, California · Invests in US; Europe; Asia · Website

Pre-SeedSeedSeries AMedia & EntertainmentGamingB2B SaaSDeveloper ToolsHealthcare & BiotechHardware & DevicesHealthcare & Digital HealthEnterprise SoftwareDeveloper Tools & InfrastructureSemiconductors & Hardware

Thesis

VR and AR are transformative technologies. We invest in early-stage companies creating novel experiences, content, and enabling infrastructure. We bring deep operational expertise from building FarmVille, Unreal Engine, Gears of War, and leading HTC's VR initiative.

Likely not a fit for

Pure consumer VR without platform partnerships, hardware-only plays, enterprise without clear ROI

How they invest

Lead or follow
Usually follows
Typical decision
~2 weeks
Warm intro
Preferred
Involvement
Takes a board seat
Fund status
Actively deploying
Assets under mgmt
$10M
Decision process
Partnership vote

Partners & team

3 contacts on file

AM

Amitt Mahajan

General PartnerManaging Partner · Primary contact

+ Pitch

a•••@pr•••.com

LinkedIn profile

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PC

Phil Chen

General PartnerFounding Partner

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p•••@pr•••.com

LinkedIn profile

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PB

Paul Bragiel

General PartnerFounding Partner

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Portfolio

VarjoEnterprise Software

Varjo specializes in military-grade VR/XR headsets and solutions for simulation training, blending digital and physical worlds for immersive training experiences across air, land, and sea.

TrippHealthcare Digital

TRIPP is a leader in XR wellness, offering digital products for mind-body health, including a digital psychedelic wellness platform that uses virtual and augmented reality.

Harmonix
Resolution GamesGaming

Resolution Games is a Stockholm-based studio focused on creating immersive virtual reality and augmented reality experiences. It is known for its innovative multiplayer game development and publishing.

Baobab StudiosMedia Entertainment

Baobab Studios is an independent animation house at the crossroads of film, games, and technology. We build original universes and expand beloved franchises into experiences across theaters, streaming, games, and publishing.

Simbe RoboticsEnterprise Software

Simbe Robotics is the global leader in retail shelf digitization, utilizing advanced robotics and AI solutions to enhance retail operations and improve on-shelf availability.

ThirdverseGaming

Thirdverse is focused on creating immersive virtual reality experiences and games, aiming to establish a new space in the Metaverse.

OssoVRHealthcare Digital

Osso VR is transforming training and assessment for healthcare professionals everywhere through immersive virtual reality experiences.

BigscreenGaming

Bigscreen is a virtual reality platform that allows users to watch movies, play games, and use their computer in VR collaboratively with friends. They have developed the Bigscreen Beyond, the world's smallest VR headset, which emphasizes comfort and immersion.

LimbixHealthcare Digital

Limbix offers digital therapeutics specifically designed for adolescent mental health, focusing on providing accessible and effective mental health solutions through technology.

Loomai

Loomai is an innovative company focused on enhancing the elder care experience through technology. Their solutions aim to improve communication and engagement for seniors, leveraging advanced tools to support caregivers and families.

LightformMedia Entertainment

Lightform makes it easy for anyone to create epic visuals for projected AR using content creation software powered by computer vision hardware.

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Research briefRead more
Presence Capital Research Investment Thesis Presence Capital is one of the earliest venture funds formed exclusively to invest in virtual reality (VR) and augmented reality (AR) companies. Founded in 2015, the firm was established by a team with exceptionally deep operating experience in immersive technologies. The fund believes that VR and AR are transformative technologies that will reshape ente

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