Improbable is a technology company, developing a platform for third parties to build vast virtual and simulated worlds. The Company focuses on large-scale simulations in the cloud, enabling virtual worlds of unprecedented scale and complexity. Improbable's first product for reality-scale simulations is SpatialOS, a distributed operating system capable of producing consequential, persistent simulations at unprecedented scale, which is being deployed in many progressive game studios and the most critical government institutions across the world.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2012
Size (employees)
200 (est)+10%
Improbable was founded in 2012 and is headquartered in London, GB

Key People at Improbable

Herman Narula

Herman Narula

CEO
Michael Bannon

Michael Bannon

CFO
Robert Whitehead

Robert Whitehead

CTO
Peter Lipka

Peter Lipka

COO
Robert Miller

Robert Miller

CLO

Improbable Office Locations

Improbable has offices in London, San Francisco and Washington
London, GB (HQ)
20 Farringdon Road
San Francisco, US
Two Embarcadero Center 2 Embarcadero Center

Improbable Data and Metrics

Summary Metrics

Founding Date

2012

Total Funding

$554.1 m

Latest funding size

$502 m

Time since last funding

3 months

Investors

Improbable's latest funding round in May 2017 was reported to be $502 m. In total, Improbable has raised $554.1 m. Improbable's latest valuation is reported to be $1 b.

Improbable Financial Metrics

GBP

Market valuation

1 b

Cash (31-May-2016)

23 m
GBPFY, 2014FY, 2015FY, 2016

Cash

67.7 k11.5 m23 m

Accounts Receivable

462.6 k484.7 k2.8 m

Current Assets

530.4 k11.9 m25.8 m

PP&E

365.7 k437.1 k393.1 k

Total Assets

896.1 k12.4 m26.2 m

Accounts Payable

438.6 k1.9 m5.9 m

Current Liabilities

438.6 k1.9 m5.9 m

Total Liabilities

2.3 m17.7 m39.5 m

Total Equity

(1.4 m)(5.3 m)(13.4 m)

Financial Leverage

-0.7 x-2.3 x-2 x
Y, 2016

Financial Leverage

-2 x

Improbable Job Categories

Traffic Overview of Improbable

Improbable Online and Social Media Presence

Improbable News and Updates

Our CEO Herman Narula on our Series B funding

Today, Improbable has announced a $502m Series B funding round, led by SoftBank. Our Series A investors Andreessen Horowitz and Horizons Ventures are both joining this round with follow-on investments, and we are very grateful to all our investors for their support.

Tech.eu Podcast #77: Big funding for Improbable, Delivery Hero and Kreditech; interviews with the CEOs of Babbel and Jobbatical + more

On this episode of the Tech.eu podcast, we talk about some major funding rounds from across Europe, BlaBlaCar's new app, and we interviewed two entrepreneurs: The post Tech.eu Podcast #77: Big funding for Improbable, Delivery Hero and Kreditech; interviews with the CEOs of Babbel and Jobbatical + mo…

UK startup Improbable picks up improbable $502m investment

UK-based Improbable recently raised a 502 million dollar investment from the Japanese media conglomerate SoftBank. The company’s share in the VR startup will be non-controlling (within 50 percent), meaning that Improbable’s worth is now estimated to be over one billion dollars. According to the BBC,…

UK startup Improbable just raised half a billion dollars to build the Matrix

A UK company wants to build massive-scale simulations of reality, and they just raised $502 million to do it.  The Series B funding round, led by Softbank, values the company at over $1 billion. The money will be used to develop Improbable's technology, in particular its SpatialOS cloud-based op…

Gaming firm Improbable raises whopping $502 million from Softbank, at $1 billion valuation

Japanese giant Softbank has led an investment of $502 million into UK gaming company Improbable, making it one of the largest VC rounds in a private UK company. The sizeable deal puts the company at a reported valuation of over $1 billion. Existing investors Andreessen Horowitz and Horizons Ventures…

Not impossible: Virtual reality firm Improbable bags $500m in funding

City-based UK tech startup Improbable last night said it had scored $502m (£389m) in new investment led by Japan's SoftBank. The five-year-old virtual simulation firm is now valued at more than $1bn, and the new funds will be used to develop Improbable's technology, which makes virtual worlds for…
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Improbable Company Life and Culture

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