| Founded | 2010 |
|---|---|
| Closed | 2019 |
| Country | USA |
| Sector | Hardware |
| Total raised | $275M (Tarsadia Investments) |
| Collapse type | Fire Sale |
| Founder | Brian Mullins |
DAQRI
"The AR startup that raised $275M to replace the hard hat with a smart helmet — and sold the IP to Snap for $34M"
Distressed acquisition below last-round valuation
Key Events Timeline
DAQRI built augmented-reality hardware for industrial use — a $15,000 smart helmet and $5,000 AR glasses — targeting manufacturers and construction companies.
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