Rec Room

OverviewSuggest Edit

Rec Room (formerly known as Against Gravity) is an augmented and virtual reality software and videogames company that operates in the technology industry. The company is developing the VR, AR, social, and multiplayer experiences.

TypePrivate
Founded2016
HQSeattle, WA, USMap
Websiterecroom.com
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Employees (est.) (Jul 2021)115(+10%)

Rec Room Office Locations

Rec Room has an office in Seattle
Seattle, WA, US (HQ)
87 Wall St
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Rec Room Financials and Metrics

Summary Metrics

Founding Date

2016

Rec Room total Funding

$149 m

Rec Room latest funding size

$100 m

Time since last funding

4 months ago

Rec Room investors

Index Ventures, Sequoia Capital, Madrona Venture Group, First Round Capital, DAG Ventures, First Round, Maveron, Betaworks, Index, The Venture Reality Fund, Acequia Capital (Acecap), Anorak Ventures, Vulcan, Sequoia, DAG
Rec Room's latest funding round in March 2021 was reported to be $100 m. In total, Rec Room has raised $149 m. Rec Room's latest valuation is reported to be $1.3 b.
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Rec Room Revenue

Market valuation

1.3b
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Rec Room Operating Metrics

Rec Room's Registered Users was reported to be 10 m in Dec, 2020.
Dec, 2020

Registered Users

10 m
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Rec Room Online and Social Media Presence

Rec Room's Trends

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Rec Room News and Updates

March 24, 2021

Rec Room raises at $1.25B valuation from Sequoia and Index as VCs push to find another Roblox

Investor FOMO following Roblox’s blockbuster public debut is pushing venture capitalists who missed out on that gaming giant to invest in competing platforms. Today, Rec Room announced it has raised $100 million from Sequoia and Index, with participation from Madrona Venture Group. The deal is a hug…
March 24, 2021

Social gaming platform Rec Room raises $100M at $1.25B valuation

Social gaming platform Rec Room has raised $100 million at a $1.25 billion valuation. The funding is a win for user-generated content.
December 18, 2020

This Week In XR: Rec Room Raises Series C, Roblox Acquires Loom.ai, Pushes IPO To 2021

Though 2020 has been a great year for XR, we'll be glad to have it in our rear view mirror.
December 17, 2020

Social gaming platform Rec Room scores $20 million Series C

Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming platform out there. The startup has closed a $20 million Series C led by Madrona Venture Group . Existing investors, including First Round Capital, Index, Sequoia and DAG, …
January 06, 2020

Amfil Technologies Inc.'s Subsidiary, Snakes & Lattes Inc., Expanding the Scope of the Existing Collaboration With Cineplex Rec Room Eats & Entertainment Centers to Additional Locations in Ontario, Canada

Toronto, ON - (NewMediaWire) - January 06, 2020 -  Amfil Technologies Inc. (OTC: FUNN) is pleased to announce the expansion and extension of the existing collaboration with the Rec Room Eats & Entertainment Centers by Cineplex in Ontario, Canada.Beginning back on October 18th, 2017, a serie…
June 12, 2019

Against Gravity is building a VR world that won’t stop growing

The quest to create a social auditorium in virtual reality has eaten many VC dollars over the years. While plenty of contenders have emerged, it’s likely Against Gravity’s Rec Room that has been the most creative in its approach to capturing a niche market while plotting how to build a sustainable b…

Rec Room Blogs

July 13, 2021

Community Commerce Report Q2 2021

Hello and welcome back to the second edition of our Community Commerce Report! These reports will be going out once a quart…
May 04, 2021

The Circuits Handbook

This document is a broad overview of the Circuits system - covering all the important concepts and entities you need to know about!
April 22, 2021

Community Commerce Report Q1 2021

Hello and welcome to the first edition of our Community Commerce Report! These updates will be going out once a quarter to give our you, our creators and community members, a peek into our in-game economy to move you closer toward making a sustainable income building in Rec Room. Have you ever w…
April 15, 2021

Rec Room Plus: Now on Oculus Quest!

Mirror, mirror, on the wall, who has the prettiest wings of all? Well, now YOU can have them because Rec Room Plus is now available on Oculus Quest!
February 26, 2021

Imagine Making Money in Rec Room

Yes! Creators are now eligible to exchange their tokens for REAL MONEY. In fact, we’ve just cashed out several creators prior to publishing this article. Our creators have had such a tremendous impact on Rec Room that we wanted to enable them to turn their tokens into real money. Now, we’re intr…
February 11, 2021

Haberdashing in the Digital Era

If you’ve ever wanted to wear your hat at a jaunty angle or make it clip a little less with your hair, you may enjoy the latest and greatest in Rec Room hat technology: posable hats!
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 Rec Room Frequently Asked Questions

  • When was Rec Room founded?

    Rec Room was founded in 2016.

  • How many employees does Rec Room have?

    Rec Room has 115 employees.

  • Who are Rec Room competitors?

    Competitors of Rec Room include Conical, Leopoly and Syslor.

  • Where is Rec Room headquarters?

    Rec Room headquarters is located at 87 Wall St, Seattle.

  • Where are Rec Room offices?

    Rec Room has an office in Seattle.

  • How many offices does Rec Room have?

    Rec Room has 1 office.