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ThreyeInc - About the company

ThreyeInc is a seed company based in Delhi (India), founded in 2012 by Anurag Rana, Bhavana Rana, Siddhant Rahi and Sameer Joshi. It operates as a Game development studio. ThreyeInc has raised an undisclosed amount in funding from Newspace Research and Technologies, with a current valuation of $*****. The company has 113 active competitors, including 10 funded and 9 that have exited. Its top competitors include companies like Varjo, Red 6 and Frasca.

Company Details

Threye is a mobile game development company building Augmented Reality (AR) and mobile gaming applications. The company has developed the game Guardians of the Sky in partnership with the Indian Air Force. The company has designed an arcade-style aviation game Operation Morning Glory.
Social
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Registered Address
Flat No 408, Jhelum CGHS Ltd Plot No 8, Sector - 05, Dwarka, South West Delhi, New Delhi, Delhi, India, 110075
Key Metrics
Founded Year
2012
Location
Delhi, India
Stage
Seed
Post Money Valuation
$***** as on Mar 16, 2021
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
44 as on Aug 31, 2025
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ThreyeInc's funding and investors

ThreyeInc has raised funding over 3 rounds. Its first funding round was on May 09, 2017. Its latest funding round was a Grant (prize money) round on Jan 31, 2023 for $*****. 1 investor participated in its latest round. ThreyeInc has 5 institutional investors.

Here is the list of recent funding rounds of ThreyeInc:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 31, 2023
6784123
Grant (prize money)
4902131
6980682
7114356
2895783
Mar 16, 2021
4375621
Seed
9145026
9014465
1241954
9358130
May 09, 2017
2554153
Grant (prize money)
5705093
5467243
5843123
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ThreyeInc's founders and board of directors

Founder? Claim Profile
The founders of ThreyeInc are Anurag Rana, Bhavana Rana, Siddhant Rahi and Sameer Joshi. Anurag Rana is the CEO of ThreyeInc.
Here are the details of ThreyeInc's key team members:

ThreyeInc's Board of Directors

ThreyeInc's board has 2 active members. Anurag Rana and Bhavana Rana are part of team.
Here is the list of ThreyeInc's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
13y 11m
Team
-
Current
13y 11m
idazhjk
Team
-
Past
9y 7m

ThreyeInc's employee count trend

ThreyeInc has 44 employees as of Aug 25. The total employee count is 19.0% more than what it was in Aug 24. Here is ThreyeInc's employee count trend over the years:
Employee count trend for ThreyeInc
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ThreyeInc's Competitors and alternates

Top competitors of ThreyeInc include Varjo, Red 6 and Frasca. Here is the list of Top 10 competitors of ThreyeInc, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Varjo
Varjo
2016, Helsinki (Finland), Series D
Provider of virtual reality headsets
$149M
70/100
2nd
Logo for Red 6
Red 6
2018, Santa Monica (United States), Series B
Developer of AR-based combat training systems
$109M
63/100
3rd
Logo for ThreyeInc
ThreyeInc
2012, Delhi (India), Seed
Game development studio
-
50/100
4th
Logo for Frasca
Frasca
1958, Urbana (United States), Acquired
Manufacturer of flight simulators for pilot training and flight schools
-
-
48/100
5th
Logo for Edkon Games
Edkon Games
2008, Berlin (Germany), Unfunded
Developer of online multiplayer first-person shooter games for mobile devices
-
-
48/100
6th
Logo for Aechelon Technology
Aechelon Technology
1998, San Francisco (United States), Acquired
Developer of the 3D real-time visual simulation image generator for training
-
46/100
7th
Logo for Ingress
Ingress
2013, San Francisco (United States), Unfunded
Developer of an AR-based mobile game
-
-
45/100
8th
Logo for InVeris Training Solutions
InVeris Training Solutions
2020, Suwanee (United States), Acquired
Provider of live-fire and virtual weapons training services
-
-
44/100
9th
Logo for FAAC
FAAC
1971, Ann Arbor (United States), Series A
Provider of virtual training simulation software for public safety officers
$10.2M
-
42/100
10th
Logo for Riptide Software
Riptide Software
1995, Orlando (United States), Acquired
Enterprise cloud-based learning platform provider
$12.1M
40/100
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ThreyeInc's Latest cap tables and shareholding

Founders (largest shareholder) own 85.00% and Enterprises own 15.00%. The net worth of ThreyeInc's founders is INR 18L as of Mar 16, 2021.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
85.00%
18L
1920279
7019736
3606241
2108258
2171504
6751547
3534828
1871506
9263394
8898320
1063202
9673552
1887311
7495133
4093231
4048174
Enterprise
15.00%
3.18L
2588229
3806227
6442965
7616321
Total
100.00%
21.2L
2736593
8449561
4508769
8228983
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of ThreyeInc's Shareholding

ThreyeInc's Investments and acquisitions

ThreyeInc has made no investments or acquisitions yet.

Reports related to ThreyeInc

Here is the latest report on ThreyeInc's sector:

FAQs about ThreyeInc

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