Rec Room Overview
- Year Founded
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2016

- Status
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Private
- Employees
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369

- Latest Deal Type
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Series F
- Latest Deal Amount
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$145M
- Investors
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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.comCorporate Office
- 300 Elliott Avenue West
- Suite 450
- Seattle, WA 98119
- United States
Corporate Office
- 300 Elliott Avenue West
- Suite 450
- Seattle, WA 98119
- United States
Rec Room Timeline
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 |
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% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Rec Room Comparisons
Industry
Financing
Details
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 |
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 |
Rec Room Signals
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 |
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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