Immersed vs Cvent
Side-by-side comparison of AI visibility scores, market position, and capabilities
VR remote work platform enabling virtual multi-monitor workspaces. Most-used AR/VR productivity app with 2,000+ cumulative user-years; building Visor headset.
About
Immersed was founded with the conviction that the physical limitations of a single monitor should not constrain knowledge workers, and that virtual reality could deliver a superior multi-monitor experience from anywhere in the world. The company built its core platform around spatial computing, enabling users to work inside virtually unlimited screen real estate in a persistent, distraction-free virtual environment. Immersed has consistently ranked as the most-used AR and VR productivity application across major headset platforms.\n\nImmersed's software runs on Meta Quest, Apple Vision Pro, and other leading headsets, providing virtual workspaces that can render multiple large displays simultaneously. The platform supports remote collaboration, allowing distributed teams to work together in shared virtual offices. In parallel with its software business, Immersed developed the Visor headset — a high-resolution mixed reality device designed specifically for professional productivity use cases where display fidelity and ergonomics are paramount.\n\nImmersed has accumulated over 2,000 cumulative user-years of usage on its platform, reflecting deep engagement from a core base of power users who have adopted VR as their primary work environment. The company occupies a unique position at the intersection of spatial computing hardware and productivity software, giving it platform-level leverage as enterprise adoption of mixed reality headsets accelerates. Its hardware-software combination and early-mover advantage in VR-native work tools make it well positioned for the shift toward ambient computing.
$650M TTM revenue Oct 2025; 24K+ customers; 35% event management market share 2024; $16.5B group business volume sourced 2024; acquired by Blackstone March 2023; 40% revenue from international
About
Cvent is an enterprise event management software company founded in 1999 and headquartered in Tysons, Virginia, built to digitize and manage the full lifecycle of corporate meetings, conferences, trade shows, and incentive programs. The company was founded by Reggie Aggarwal after experiencing firsthand the operational chaos of planning corporate events with spreadsheets and phone calls. Cvent's mission is to give event professionals a comprehensive technology platform that manages every dimension of event execution — from venue sourcing and attendee registration to on-site check-in and post-event analytics — at enterprise scale.\n\nCvent's platform encompasses venue sourcing and RFP management through the Cvent Supplier Network, event registration and marketing, mobile event apps, on-site solutions, virtual and hybrid event capabilities, and attendee engagement tools. The company also operates one of the hospitality industry's most important data assets — a database of over 300,000 venue profiles used by meeting planners globally to source and evaluate event spaces. Cvent serves over 24,000 customers ranging from Fortune 500 event teams to professional conference organizers, and its platform sourced $16.5 billion in group business volume through its supplier network. Blackstone acquired Cvent in 2023 following its public market stint.\n\nCvent reported trailing twelve-month revenue of approximately $650 million as of October 2025 and holds approximately 35% market share in the global event management software category. Its combination of deep enterprise penetration, the industry-standard venue sourcing network, and post-pandemic demand for hybrid event capabilities reinforces its position as the dominant platform in corporate event management. Cvent's scale, switching costs, and Blackstone's growth capital create a formidable competitive position in a market undergoing digitization and consolidation.
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