XYZ Reality Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
XYZ Reality Ltd. - overview
Established
2017
Location
London, -, UK
Primary Industry
Software
About
XYZ Reality Ltd. , based in the UK, specializes in enhanced construction delivery through Engineering-Grade Augmented Reality technology, improving project visibility and efficiency for clients across various sectors. XYZ Reality Ltd. was founded in 2017 and is headquartered in London, UK.
The company focuses on providing innovative solutions for the construction industry. In June 2021, XYZ Reality Ltd. raised GBP 20. 00 mn in a Series A funding round, led by Octopus Investments, with participation from several investors including Activum SG Capital Management and Tishman Speyer.
The total amount raised by the company is GBP 20. 00 mn, valuing it at GBP 79. 55 mn. The company is co-founded by David Mitchell and Murray Hendriksen, with David Mitchell also serving as the CEO.
XYZ Reality specializes in a state-of-the-art construction delivery platform that leverages Engineering-Grade Augmented Reality technology to enhance project visibility and efficiency. Their core offerings include a comprehensive Building Information Modeling platform that integrates real-time data, enabling construction teams to proactively manage project timelines and quality control. This platform is designed to address critical industry challenges such as project delays and construction errors. XYZ Reality serves a diverse client base, including contractors and asset owners across sectors like data centers and pharmaceuticals, primarily in North America and Europe.
In the most recent fiscal year 2023, XYZ Reality reported a revenue of GBP 3,216,560. 40 and an EBITDA loss of GBP 9,671,713. 90. The company operates on a subscription-based model, allowing clients to access its Engineering-Grade AR and integrated BIM platform, generating revenue from direct B2B partnerships and project engagements.
In June 2021, XYZ Reality Ltd. secured GBP 20. 00 mn in Series A funding to support its strategic objectives. The company plans to prepare for the commercial launch of HoloSite in the USA and will continue investing in research and development.
XYZ Reality is also expanding its London team with key hires in technology, manufacturing, sales, and marketing, aiming to enhance its operational capabilities and penetrate new markets.
Current Investors
Amadeus Capital Partners, Adara Ventures, Hoxton Ventures
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Engineering Software
Website
www.xyzreality.com
Verticals
Artificial Intelligence, IoT (Internet of Things)
Company Stage
Series A
Total Amount Raised
Subscriber access only
XYZ Reality Ltd. - financials
| Fiscal Year Ended | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 484,494 | 233,879 | 1,054,673 | - | - | - |
| % Revenue Growth (YoY) | - | (51.7%) | 350.9% | - | - | - |
| EBITDA (USD) | (1,227,749) | (3,132,613) | (5,412,870) | - | - | - |
| Operating Income (USD) | (1,259,770) | (3,184,622) | (5,501,535) | - | - | - |
| Operating Margin | (260.0%) | (1361.7%) | (521.6%) | - | - | - |
| % EBITDA Margin | (253.4%) | (1339.4%) | (513.2%) | - | - | - |
| NET Income (USD) | (1,259,353) | (3,165,459) | (5,629,094) | - | - | - |
| % Net Margin | (259.9%) | (1353.5%) | (533.7%) | - | - | - |
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.