Improbable Overview
- Year Founded
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2012
- Status
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Private
- Employees
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1,000
- Latest Deal Type
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Later Stage VC
- Investors
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32
Improbable General Information
Description
Developer of a metaverse platform intended for communities, companies and brands to have a positive social and economic impact in the real world. The company offers a computation platform that helps to create simulations of the real world, as well as helps to experience immersive and persistent virtual worlds for gaming, enabling users to play games related to defense, energy, city efficiency, health, and finance sectors.
Contact Information
Website
www.improbable.ioCorporate Office
- 10 Bishops Square
- London E1 6EG
- England, United Kingdom
Corporate Office
- 10 Bishops Square
- London E1 6EG
- England, United Kingdom
Improbable Timeline
Improbable Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
11. Later Stage VC | 01-Feb-2024 | Completed | Generating Revenue | |||
10. Later Stage VC | 30-Sep-2022 | Completed | Generating Revenue | |||
9. Later Stage VC (Series A) | 17-Mar-2022 | Completed | Generating Revenue | |||
8. Later Stage VC | 06-Jun-2020 | Completed | Generating Revenue | |||
7. Later Stage VC | 26-Jul-2018 | Completed | Generating Revenue | |||
6. Later Stage VC (Series B) | 11-May-2017 | Completed | Generating Revenue | |||
5. Grant | 01-Jun-2016 | Completed | Generating Revenue | |||
4. Early Stage VC (Series A) | 06-Jul-2015 | Completed | Startup | |||
3. Early Stage VC (Series A) | 24-Mar-2015 | $21.7M | $23.7M | Completed | Startup | |
2. Early Stage VC | 14-Mar-2015 | $1.98M | $1.98M | Completed | Startup |
Improbable Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B1 | ||||||||
Series A3 | ||||||||
Series A2 | ||||||||
Series A1 | 1,664,800 | $0.000128 | $12.25 | $12.25 | 1x | $12.25 | 5.66% | |
Series A | 3,675,300 | $0.000128 | $5.01 | $5.01 | 1x | $5.01 | 12.5% |
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.
Improbable Comparisons
Industry
Financing
Details
Improbable Competitors (10)
One of Improbable’s 10 competitors is Wizards of the Coast, a Corporate Backed or Acquired company based in Renton, WA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Wizards of the Coast | Corporate Backed or Acquired | Renton, WA | ||||
Exit Games | Formerly PE-Backed | Hamburg, Germany | ||||
Gameloft | Corporate Backed or Acquired | Paris, France | ||||
Nettention | Formerly VC-backed | Seoul, South Korea | ||||
iFunFactory | Formerly VC-backed | Seongnam, South Korea |
Improbable Patents
Improbable Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20220300675-A1 | Event-based view synchronization systems and methods | Pending | 19-Mar-2021 | ||
GB-202216064-D0 | Scalable replication of object positions in virtual simulations | Pending | 05-Mar-2021 | ||
US-20220286523-A1 | Scalable replication of objects positions in virtual simulations | Active | 05-Mar-2021 | ||
US-11316955-B1 | Scalable replication of object positions in virtual simulations | Active | 05-Mar-2021 | ||
EP-4139016-A1 | Scalable replication of object positions in virtual simulations | Active | 05-Mar-2021 | A63F13/35 |
Improbable Signals
Improbable Investors (32)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Intersection Growth Partners | Venture Capital | Minority | ||
Cleevely & Partners | Venture Capital | Minority | ||
MultiversX | VC-Backed Company | Minority | ||
Yuga Labs | VC-Backed Company | Minority | ||
Block 3 Ventures | Venture Capital | Minority |
Improbable Investments & Acquisitions (6)
Improbable’s most recent deal was a Seed Round with Victory League for . The deal was made on 27-Mar-2024.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Victory League | 27-Mar-2024 | Seed Round | Entertainment Software | ||
Pactio | 01-Feb-2022 | Seed Round | Business/Productivity Software | ||
Zeuz | 05-Feb-2020 | Merger/Acquisition | Software Development Applications | ||
The Multiplayer Group | 26-Sep-2019 | Merger/Acquisition | Consulting Services (B2B) | ||
Midwinter Entertainment | 12-Sep-2019 | Merger/Acquisition | Entertainment Software |
Affiliates
Subsidiaries (1)
Name | Industry | Location | Year Founded |
---|---|---|---|
Zeuz | Munich, Germany | 2017 |
Improbable FAQs
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When was Improbable founded?
Improbable was founded in 2012.
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Where is Improbable headquartered?
Improbable is headquartered in London, United Kingdom.
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What is the size of Improbable?
Improbable has 1,000 total employees.
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What industry is Improbable in?
Improbable’s primary industry is Entertainment Software.
-
Is Improbable a private or public company?
Improbable is a Private company.
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What is Improbable’s current revenue?
The current revenue for Improbable is
. -
How much funding has Improbable raised over time?
Improbable has raised $866M.
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Who are Improbable’s investors?
Intersection Growth Partners, Cleevely & Partners, MultiversX, Yuga Labs, and Block 3 Ventures are 5 of 32 investors who have invested in Improbable.
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Who are Improbable’s competitors?
Wizards of the Coast, Exit Games, Gameloft, Nettention, and iFunFactory are some of the 10 competitors of Improbable.
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