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JigSpace

JigSpace enables anyone to create and share 3D and augmented reality presentations.

Backed by

Breakthrough VictoriaBreakthrough Victoria
RampersandRampersand
Aura VenturesAura Ventures
InvestibleInvestible
VulpesVulpes
Anorak VenturesAnorak Ventures
Hugh BickerstaffHugh Bickerstaff

Raised 13M EQUITY on July 15, 2024

About

JigSpace is a platform that enables users to create and share interactive 3D AR presentations called Jigs for product visualization, training, marketing and repair, viewable across devices without downloads.

Mission

JigSpace is a Melbourne augmented reality startup known for its demo app, which has been pre-installed on Apple Vision Pro and iPads worldwide. The company has been featured in four Apple keynotes, including the Vision Pro announcement and its launch. JigSpace secured $13 million in funding led by Breakthrough Victoria. The round also included participation from Aura Ventures, Anorak Ventures, follow-on investments from Rampersand, Investible and Vulpes Ventures, and angel investor Hugh Bickerstaff. This funding follows a $6 million Series A in 2021 and coincided with the Apple Vision Pro release in Australia. JigSpace provides a platform for individuals, professionals and teams to create interactive 3D presentations (“Jigs”) in minutes—positioned like Canva or PowerPoint for 3D. The product is used for product visualization, design, marketing, training and sales, and can deliver AR to any device without an app download. The company reports more than 5 million downloads/users and a 4.8-star rating, with Fortune 500 customers including PepsiCo and Panasonic. Over the past year JigSpace doubled its monthly active B2B users and more than 300,000 Jigs have been created across 83 countries. A recent partnership with the Alfa Romeo F1 team expanded from fan engagement into a sales asset that has helped close multi-million-dollar deals. With an AU$5.2m raise, the team plans global expansion and to ramp up its commercial organization following recent product development leaps. JigSpace enables anyone to build and view interactive 3D AR presentations called Jigs for education, repair guides, and product demonstrations. Launched in 2017, the app has grown to over 4 million users and holds a 4.8 average rating on the App Store. The company offers a free consumer app plus a paid Jig Pro platform for commercial customers; individual Jig Pro subscriptions are $49 per month while enterprise pricing is not listed. Jig Pro adoption has grown 40% month-over-month since its mid-2020 launch, with average users logging in at least once per day and enterprise customers including Verizon, Volkswagen, and Medtronic. JigSpace has been featured in Apple’s iPhone 12 keynote for lidar use and partnered with Snapchat on a Lens that surfaces 3D Jigs; the team aims to work with manufacturers to convert CAD files into instructional Jigs. The company emphasizes maintaining a free version to keep knowledge accessible while monetizing through its Pro offering. JigSpace is a platform for creating and sharing interactive 3D presentations. The company counts Apple, Medtronic and Hino Trucks USA among its users. It was founded about four years ago and is based in Melbourne. Usage of the platform has surged, with COVID-19 driving a 900% uptick in use. JigSpace raised US$1.4 million (A$1.96 million) in seed funding. Head of product Sam Granleese says the company makes software that enables anyone to share knowledge in 3D and that the technology is designed to be easy and accessible.

Quick Facts

Founded

2015

Funding

EQUITY

Industry

3D Technology, Digital Marketing, EdTech, Industrial Engineering, Marketing, Mechanical Engineering, Software

Team Size

11-50

Headquarters

Melbourne, Victoria, Australia