Jaunt, Inc.

Jaunt, Inc. is an innovative company specializing in immersive augmented reality experiences, enhancing storytelling across various media through advanced technology and content creation tools. Founded in 2013 and headquartered in San Mateo, US, Jaunt, Inc. focuses on developing augmented reality solutions.

The company underwent a strategic pivot towards content development for immersive experiences. John Bianchi serves as both the Founder and CEO. Jaunt has successfully raised USD 66. 70 mn in its Series C funding round, with participation from notable investors such as The Walt Disney Company and Evolution Media Partners.

The company has completed five investment deals, with the latest transaction dated September 30, 2019, when Verizon Communications acquired certain assets of Jaunt, Inc. Jaunt, Inc. specializes in providing advanced augmented reality tools that enable the creation of immersive experiences for storytelling across various platforms. Their core offerings are aimed at content creators and businesses, providing tools for integrating augmented reality into media, presentations, and interactive experiences.

The services are designed to enhance user engagement through innovative storytelling techniques, and the company caters to clients across North America, Europe, and parts of Asia, facilitating a global reach for its technologies. Jaunt, Inc. generates revenue through a subscription-based model, allowing clients to access premium features and sophisticated augmented reality content creation tools. Clients can engage with the platform via individual service purchases or subscription plans that provide ongoing access to advanced features.

The revenue model supports both B2B and direct-to-consumer transactions, ensuring a broad customer base, including businesses looking to enhance their media offerings and individuals seeking creative solutions. Looking ahead, Jaunt, Inc. plans to expand its product offerings by developing new augmented reality tools and launching these innovations by late 2023. The company aims to penetrate new markets, particularly in Asia and Europe, targeting significant growth in these regions by 2024.

The recent funding from the Series C round will be instrumental in accelerating these initiatives, supporting product development and market entry strategies.