Fundz

Commonground Raises $25M For Immersive Video Avatar Technology That Doesn’T Rely On Vr Gear

PRIVATENov 30, 2022

Amount Raised

$25 Million

Round Type

Funding Round

Tel AvivSoftwareGaming

Investors

V Cs Grove

Description

The trials and tribulations that a giant company like Meta (née Facebook) has been facing in overcoming skepticism, creating user interest (let alone revenue) and building quality experiences for its all-in metaverse vision highlights just how much work lies ahead for any company working in mixed reality. Today, a startup in that bigger ecosystem, which believes it can fix one aspect of how this works — how we ourselves appear — is announcing some funding along with a beta of its live avatar software that has been years in the making.

Quick answer

CommonGround raised $25 Million in a Funding Round round, dated November 30, 2022. Investors: V Cs Grove. CommonGround is based in Tel Aviv, Israel.

How much did CommonGround raise?
CommonGround raised $25 Million in a Funding Round round on November 30, 2022.
Who invested in CommonGround?
V Cs Grove is named as investors in this round.
What does CommonGround do?
The trials and tribulations that a giant company like Meta (née Facebook) has been facing in overcoming skepticism, creating user interest (let alone revenue) and building quality experiences for its all-in metaverse..
Where is CommonGround based and how big is it?
CommonGround is based in Tel Aviv, Israel. Fundz records about 11 employees.

Source: Fundz verified event record.

Who else raised in Gaming and Software around the same time

Companies in the same sectors as CommonGround that raised within 45 days of this round, from Fundz verified event records.

  • Carter raised $2.1M (Seed) on December 20, 2022.
  • Ace Games raised $25M on November 21, 2022.
  • Cinder raised $13M on November 18, 2022.
  • Yahaha Studios raised $40M (Series A) on November 15, 2022.
  • Cognota raised an undisclosed amount (Funding Round) on January 13, 2023.
  • Canvas raised an undisclosed amount (Series A) on January 13, 2023.

Who to call at CommonGround, and when

A new round usually means CommonGround is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day CommonGround raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at CommonGround, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at CommonGround. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

CommonGround

Location

Tel Aviv, Israel

About

The trials and tribulations that a giant company like Meta (née Facebook) has been facing in overcoming skepticism, creating user interest (let alone revenue) and building quality experiences for its all-in metaverse vision highlights just how much work lies ahead for any company working in mixed reality. Today, a startup in that bigger ecosystem, which believes it can fix one aspect of how this works — how we ourselves appear — is announcing some funding along with a beta of its live avatar software that has been years in the making. Now, you can go to the site to scan yourself and create an avatar; in Q1 2023, the company plans to release the first application to use that avatar: meeting software where your likeness, or an idealized version of your likeness, will be able to sit around a virtual table to engage and respond to others in the conversation — complete with reactions and movements mirroring those you are making IRL. And to be clear, the startup confirms that the tech is not in any way connected to what others are building around the same concept.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment CommonGround raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for CommonGround's next move

See what Strategic adds

CommonGround raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.