Rec Room Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 369

Employees

  • Latest Deal Type
  • Series F

  • Latest Deal Amount
  • $145M

  • Investors
  • 19

Rec Room General Information

Description

Developer of a gaming platform designed to build a global community to play and create games. The company's application permits to play within a virtual sports environment while chatting with others in the same virtual space, enabling players from all around the world to chat, meet, and socialize with each other through the medium of virtual reality.

Contact Information

Website
www.recroom.com
Formerly Known As
Against Gravity
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 300 Elliott Avenue West
  • Suite 450
  • Seattle, WA 98119
  • United States
+1 (314)
Primary Industry
Entertainment Software
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning, Gaming, Virtual Reality, Mobile
Corporate Office
  • 300 Elliott Avenue West
  • Suite 450
  • Seattle, WA 98119
  • United States
+1 (314)

Rec Room Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Rec Room Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series F) 20-Dec-2021 $145M Completed Generating Revenue
5. Later Stage VC (Series D) 23-Mar-2021 Completed Generating Revenue
4. Later Stage VC (Series C) 18-Dec-2020 Completed Generating Revenue
3. Early Stage VC (Series B) 12-Jun-2019 Completed Generating Revenue
2. Early Stage VC (Series A) 26-May-2017 $9M $14M Completed Generating Revenue
1. Seed Round 26-Sep-2016 $5M $5M Completed Generating Revenue
To view Rec Room’s complete valuation and funding history, request access »

Rec Room Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series F
Series E
Series D
Series C
Series B
Series A 44,955,000 $0.000010 6% $0.2 $0.2 1x $0.2 14.1%
Seed 47,288,640 $0.000010 6% $0.11 $0.11 1x $0.11 14.84%
To view Rec Room’s complete cap table history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

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Rec Room Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a gaming platform designed to build a global community to play and create games. The company's application
Entertainment Software
Seattle, WA
369 As of 2024

Qualicum Beach, Canada
 

Farnborough, United Kingdom
 
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Rec Room Competitors (15)

One of Rec Room’s 15 competitors is Cloudhead Games, a Formerly VC-backed company based in Qualicum Beach, Canada.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cloudhead Games Formerly VC-backed Qualicum Beach, Canada
nDreams Formerly VC-backed Farnborough, United Kingdom
VRChat Venture Capital-Backed San Francisco, CA
Roblox Formerly VC-backed San Mateo, CA
Schell Games Corporation Pittsburgh, PA
You’re viewing 5 of 15 competitors. Get the full list »

Rec Room Patents

Rec Room Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240177373-A1 Bi-directional exchange of edited virtual objects between a design environment and a virtual environment Pending 29-Nov-2022
US-10874943-B2 Systems and methods for transferring object authority in a shared virtual environment Active 28-Jun-2016
US-10905956-B2 Systems and methods providing temporary decoupling of user avatar synchronicity for presence enhancing experiences Active 28-Jun-2016
US-11146661-B2 Systems and methods for detecting collaborative virtual gestures Active 28-Jun-2016
US-10990169-B2 Systems and methods for assisting virtual gestures based on viewing frustum Active 28-Jun-2016 G06F3/013
To view Rec Room’s complete patent history, request access »

Rec Room Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Rec Room Investors (19)

Investor Name Investor Type Holding Investor Since Participating Rounds
Coatue Management PE/Buyout Minority
Greycroft Venture Capital Minority
Griffin Gaming Partners Venture Capital Minority
Smash Capital Growth/Expansion Minority
Anarghya Vardhana Angel (individual) Minority
You’re viewing 5 of 19 investors. Get the full list »

Rec Room FAQs

  • When was Rec Room founded?

    Rec Room was founded in 2016.

  • Where is Rec Room headquartered?

    Rec Room is headquartered in Seattle, WA.

  • What is the size of Rec Room?

    Rec Room has 369 total employees.

  • What industry is Rec Room in?

    Rec Room’s primary industry is Entertainment Software.

  • Is Rec Room a private or public company?

    Rec Room is a Private company.

  • What is the current valuation of Rec Room?

    The current valuation of Rec Room is .

  • What is Rec Room’s current revenue?

    The current revenue for Rec Room is .

  • How much funding has Rec Room raised over time?

    Rec Room has raised $294M.

  • Who are Rec Room’s investors?

    Coatue Management, Greycroft, Griffin Gaming Partners, Smash Capital, and Anarghya Vardhana are 5 of 19 investors who have invested in Rec Room.

  • Who are Rec Room’s competitors?

    Cloudhead Games, nDreams, VRChat, Roblox, and Schell Games are some of the 15 competitors of Rec Room.

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