COMPANY PROFILE

Penrose Studios

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Group of artists, engineers and storytellers pushing the boundaries of virtual and augmented reality

San Francisco, United StatesFounded 2015Consumer Services

Valuation $50–100M Last recorded · 2018

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Penrose Studios

Penrose Studios was a virtual and augmented reality film production studio that created immersive, computer-generated worlds and narrative-driven cinematic experiences. The studio was recognized for its work in pushing the boundaries of storytelling in virtual reality, creating emotionally captivating stories for audiences. Their portfolio included acclaimed VR films such as "Allumette" and "Arden's Wake".

The company, founded in 2015, was based in San Francisco and had successfully raised significant seed funding to support its productions. Penrose Studios aimed to define the language of storytelling in the then-emerging mediums of VR and AR.

In a statement on their website, the company announced that it would be winding down its operations.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2015
Headquarters: San Francisco, United States
Employees: 15
Open positions: None listed
Dealroom signal: 71.1/100
Industry: Media
Sub-industry: Content production
Sector: Consumer Services, Film Production, Immersive Technologies, Hard Tech
Technology: Augmented Reality, Virtual Reality
Links: Website LinkedIn X

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES A✓Equity / VC	Jul 2018	$10M	$40M	8VC · Suffolk Equity Partners · Marc Benioff · William Adams	—
SEED✓Equity / VC	Mar 2016	$8.5M	$34M	Suffolk Equity Partners · TransLink Capital · Sway Ventures	—

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Growth signals

Penrose Studios website traffic

Latest recorded traffic for Penrose Studios is 3K monthly website visits, down 6.3% over the last three months. Penrose Studios's team grew 7.1% over the past year.

Latest monthly visits3K 3-month web change-6.3% 1-year team growth+7.1%

Monthly website visitsOct 2017–Jul 2026

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