Snap (SNAP) is a publicly traded AR Glasses company founded in 2011 and based in Santa Monica, United States.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Mar 2, 2017 | IPO | $3.4B | $33B | — |
| May 26, 2016 | Series F | $1.8B | $22.7B |
| Fidelity Investments, Spark Capital, General Atlantic, Sequoia Capital |
| Mar 12, 2015 | Series E | $200M | $15B | Alibaba Group |
| Aug 1, 2014 | Series D | $485M | $10B | Kleiner Perkins Caufield & Byers |
| Dec 11, 2013 | Series C | $50M | — | Coatue Management |
| Jun 24, 2013 | Series B | $60M | $800M | Institutional Venture Partners |
| Feb 8, 2013 | Series A | $13.5M | $70M | Benchmark |
| May 1, 2012 | Seed | $485K | $4.3M | Lightspeed Venture Partners |

Charlie Fink's roundup: Anthropic revenue tops OpenAI for the first time, content moderation tightens, and Snap predicts AR glasses mainstream by 2030.

Snap beats earnings estimates while Meta faces societal backlash over AI glasses.

Snap schedules a September 16 event to fully detail its SPECS AR glasses, including specs, hands-on demos, and likely a release date.

Qualcomm is raising chip prices by double-digit percentages from September 2026, hitting standalone VR headsets including Valve's Steam Frame.
Snapchat is a visual messaging app that empowers people to express themselves, live in the moment, and connect with friends, family, and the world. Users share photos, videos, and messages that disappear after viewing, with zero pressure to be popular, perfect, or perform. The app reaches over 800 million monthly active users globally and serves as the foundation of Snap's social platform, featuring Stories, Maps, and integrated augmented reality Lenses for self-expression and discovery.
Lens Studio is Snap's augmented reality development platform empowering creators worldwide to build and share immersive AR experiences. Creators can develop viral selfie Lenses, shoppable try-on experiences, and interactive applications using no-code or low-code tools powered by generative AI. The platform integrates seamlessly with Snapchat, Spectacles, web, and mobile apps, with over 4 million Lenses created and billions of daily engagements across shopping, entertainment, education, and gaming.
Spectacles are standalone AR glasses (5th generation released in 2024) that redefine how people interact with computing in the real world. Featuring a 46-degree stereo display, adjustable tint, hand tracking, voice controls, and Snap OS, they enable users to experience immersive AR Lenses while maintaining full awareness of their surroundings. Weighing just 226 grams, Spectacles are designed for developers and will launch as consumer 'Specs' in 2026, bridging the gap between digital and physical experiences.
588 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.
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