Breaking
WEB-BASED XR  VR training opens in a browser tab - no download MIT-BORN  Founded 2017 on MIT research by Ali Merchant SEED FUNDED  LG NOVA leads seed round, Oct 2023 CUSTOMERS  Lockheed, Bosch, SLB, Sierra Space, KONE DEVICE-AGNOSTIC  VR, AR, PC, tablet, phone - one URL AWARDS  MassChallenge Platinum '21 · LG NOVA winner '22 WEB-BASED XR  VR training opens in a browser tab - no download MIT-BORN  Founded 2017 on MIT research by Ali Merchant SEED FUNDED  LG NOVA leads seed round, Oct 2023 CUSTOMERS  Lockheed, Bosch, SLB, Sierra Space, KONE DEVICE-AGNOSTIC  VR, AR, PC, tablet, phone - one URL AWARDS  MassChallenge Platinum '21 · LG NOVA winner '22
Company Profile · Immersive Technology

The metaverse got a day job.

iQ3Connect turns engineering data - CAD models, digital twins, point clouds - into immersive training and 3D collaboration that opens in a plain web browser. No headset app. No download. No IT ticket.

2017Founded
~16Employees
WoburnMassachusetts
SeedLG NOVA-backed
iQ3Connect company logo

The logo, plainly. A wordmark for a company whose whole pitch is that immersive 3D should be this simple - flat, legible, and one click from the real thing.

The Story

A CAD file is a locked room. iQ3Connect hands out keys.


Here is a fact about industrial 3D data that sounds boring until you sit with it: most of the people who need to understand a machine cannot open the file that describes it. The engineer who designed the turbine has a CAD program worth more than a car. The technician who has to service it in the field has a phone. Between them is a very expensive gap, and companies spend a lot of money - travel, downtime, scrapped parts, retraining - crossing it the slow way.

iQ3Connect is a Woburn, Massachusetts company whose entire proposition is that the gap does not need to exist. Its web-based XR platform takes the heavy stuff - CAD models, digital twins, point clouds, lidar scans - and turns it into something light enough to open in a browser tab. Put on a VR headset and you can walk through the machine. Hold up an iPhone and the same machine appears on your workbench in augmented reality. Open a laptop and it is right there, no plugin, no install. One link, many devices, same experience.

That last part is the trick, and it is harder than it reads. Most enterprise VR companies ship an app. iQ3Connect treats "no app" as the product spec. The bet is that the moat in immersive software is not the flashiest rendering - it is the friction you refuse to make people install. A trainer who can make a slide deck can build a lesson. A field tech who can open a link can take it. When the cost of trying immersive 3D drops to roughly zero, it stops being a demo and starts being a communication tool. That framing - immersive 3D as communication, not spectacle - is the whole business.

The company was founded in 2017 by Ali Merchant, who spent two decades building 3D design and simulation software for aerospace and holds a master's and a PhD in Aeronautics and Astronautics from MIT. The platform's proprietary technology is based on research done there, and iQ3Connect has stayed close to the mothership - a STEX25 alumnus of the MIT Startup Exchange and mentored through MIT's Venture Mentoring Service. This is not a founder who wandered into 3D. It is a founder who spent twenty years annoyed that 3D was so hard to share, and then went and did something about it.

It is VR on-demand.
- Joe Strelow, Automotive Tier 1 supplier
What You Can Actually Do With It

Four products, one idea: make 3D shareable.

The catalog is organized around the moments where a static file fails you - training a new hire, reviewing a design across three time zones, or explaining a repair to someone standing next to the machine.

Training & Experience Platform

A no-code authoring tool. Trainers and engineers turn existing 3D and CAD data into interactive virtual lessons - assembly, maintenance, operator onboarding, safety procedures - and deploy them without writing code.

Immersive Collaboration Platform

A multi-user, web-based virtual workspace. Teams meet inside the model for engineering reviews, factory planning, and multi-user virtual classrooms - the design review where everyone is actually looking at the same thing.

Enterprise Hub

The unglamorous but essential part: a central dashboard for content, users, and projects, with single sign-on, enterprise security controls, and LMS integration so training data lives where the rest of the company's does.

Web-Based XR Engine

The runtime underneath it all. It optimizes automatically for the device you are on and lets you flip between AR and VR in the same experience - on VR headsets, AR devices, PCs, tablets, and phones, all through a standard browser.

92%
Reported training-time reduction
68%
Reported task-accuracy gain
0
App downloads required
* Training figures are company-reported and approximate; treat as directional, not audited.
Who Uses It

A 16-person team with a heavy-industry address book.

The customer list reads like a manufacturing hall of fame, which is the surprising part for a company this size. iQ3Connect's platform shows up in aerospace, automotive, oil and gas, construction, and education - anywhere the objects are big, expensive, and hard to gather people around. A world leader in semiconductor and display equipment uses it for technician training and knowledge transfer between sites. One of the largest oilfield-services companies scales it for remote design meetings, on-site construction planning, and safety training.

Lockheed Martin Bosch SLB (Schlumberger) Sierra Space Miller Welds KONE Yokogawa Bridge LG Colorado Dept. of Labor
I have never seen anything as easy as iQ3Connect.
- Dennis Herrick, Bosch
Money & The Mind Behind It

Patient capital for a patient idea.

iQ3Connect has raised modestly and deliberately - a total in the low seven figures across a handful of rounds. The Seed round in October 2023 was led by LG NOVA's NOVA Prime Fund, the venture arm of LG Electronics, after iQ3Connect won LG NOVA's Mission for the Future Challenge in 2022. Earlier backing came through ClearImpact Ventures and the MassChallenge accelerator, where the company took home a 2021 Platinum Award.

Third-party trackers estimate roughly $2M in ARR and a valuation near $5.9M. Both figures are unverified and worth a grain of salt - but the shape is clear: a small, technical company selling into large accounts, growing on its own terms rather than on a hype cycle's.

Ali Merchant

Founder & CEO

20+ years building 3D design and simulation software in aerospace. Master's and PhD in Aeronautics and Astronautics from MIT. The company's core technology traces back to his research there.

The Short History

How it got here.

2017

Founded in Woburn, MA. Builds a self-service, web-based XR platform on technology from MIT research.

2021

Wins the MassChallenge Platinum Award and joins the MIT Startup Exchange as a STEX25 company.

2022

Wins LG NOVA's Mission for the Future Challenge, opening the door to LG's venture arm.

2023 · Oct

Raises a Seed round led by LG NOVA's NOVA Prime Fund.

2025

Adds Sierra Space and KONE to its publicly referenced customer roster.

Worth Knowing

Five details that stick.

Watch It Move

Demos & interviews.

Immersive software is hard to describe and easy to show. Start on iQ3Connect's own channel for product demos and talks.