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SOFTWARE (NON-INTERNET/MOBILE) | Multimedia & Graphics
torch.app

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Founded Year

2017

Stage

Acquired | Acquired

Total Raised

$4.45M

About Torch

Torch builds software that helps users design 3D prototypes in virtual and augmented reality. It also provides a way to manage assets and facilitate feedback amongst team members. Files can be accessed on any platform or device in real time.On December 10, 2020 Torch was acquired by Fyusion. The terms of the transaction were not disclosed.

Torch Headquarter Location

3519 NE 15th Avenue Suite 125

Portland, Oregon, 97212,

United States

617-414-4482

Latest Torch News

Fyusion Acquires Torch 3D for Future of Digital Merchandising

Dec 11, 2020

Torch technology brings immersive augmented reality merchandising experiences to online auto sales and e-commerce. Fyusion, which enables the creation of beautiful 3D images with deep AI understanding, today announced the acquisition of Torch 3D, a software company whose products make it possible for anyone to add 3D and augmented reality/virtual reality (AR/VR) elements to real-world e-commerce and automotive listings, without coding. With Torch 3D and Fyusion, auto dealers can do everything from adding 3D logos and rich media tags onto listings, allowing shoppers to virtually place a set of golf clubs in the trunk of a car to see how they fit inside. “We are very pleased to announce the acquisition of Torch 3D, a company whose vision of making it simple for anyone to create beautifully, an immersive augmented reality 3D experiences aligns closely with ours,” said Radu B. Rusu, CEO, and co-founder of Fyusion. “As car buying increasingly moves online, in the next few years we anticipate a surge of interest in AR/VR and 3D listings. Fyusion will be there to transform the vehicle detail page (VDP) into a vehicle experience page (VEP), helping both large and small auto dealers continue to thrive.” Studies indicate that 3D images increase user engagement and time spent on VDPs, which has been shown to increase car sales. Visualizing cars via 3D and augmented reality images also creates positive sentiment towards dealers by increasing trust and transparency. “At Torch, we always believed improved 3D imaging would be fundamental to the future of 3D design and development,” said Torch cofounder and CTO Josh Faust, who will join Fyusion as Principal Architect. “Combining Fyusion’s state of the art 3D capture and ALIS AI engine with Torch’s no-code content creation is a perfect fit. As 3D technology moves into the mainstream, customer expectations of e-commerce experiences will be raised as fast as content creators can keep up. In the auto industry, this means we must evolve with our customers to continue building their passion for cars.” A demo of Torch’s capabilities can be found at www.fyusion.com/torch Check Out The New Martech Cube Podcast . For more such updates follow us on Google News Martech News

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Research containing Torch

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CB Insights Intelligence Analysts have mentioned Torch in 1 CB Insights research brief, most recently on Sep 22, 2021.

Expert Collections containing Torch

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Torch is included in 1 Expert Collection, including AR/VR.

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Torch Web Traffic

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