OverviewSuggest Edit

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.
TypePrivate
Founded2012
HQGreater London, GB
Websiteimprobable.io
Employee Ratings4.2

Latest Updates

Employees (est.) (Apr 2021)649
Job Openings87
Revenue (FY, 2018)£579.9 K(-92%)
Cybersecurity ratingBMore

Key People/Management at Improbable

Herman Narula

Herman Narula

CEO
Peter Lipka

Peter Lipka

CEO, Asia
Jason Jhonson

Jason Jhonson

Chief Commercial Officer
Aaryn Flynn

Aaryn Flynn

GM, Improbable North America.
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Improbable Office Locations

Improbable has offices in Greater London, Arlington, Edmonton and Shanghai
Greater London, GB (HQ)
Level 4 10 Bishops Square
Edmonton, CA
10190 104 St NW
Shanghai, CN
Room 2070 F 20, HKRI Center Tower 1, 288 Shimen 1st Road, Jing’an District
Arlington, VA, US
3033 Wilson Blvd
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Improbable Financials and Metrics

Summary Metrics

Founding Date

2012

Improbable total Funding

$604.1 m

Improbable latest funding size

$50 m

Time since last funding

3 years ago

Improbable investors

Improbable's latest funding round in July 2018 was reported to be $50 m. In total, Improbable has raised $604.1 m. Improbable's latest valuation is reported to be $2 b.
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Improbable Revenue

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Improbable's revenue was reported to be £579.86 k in FY, 2018
GBP

Revenue (FY, 2018)

579.9k

Gross profit (FY, 2018)

(10.2m)

Gross profit margin (FY, 2018), %

(1753.2%)

Net income (FY, 2018)

(50.4m)

EBITDA (FY, 2018)

(38.1m)

EBIT (FY, 2018)

(38.5m)

Market valuation

2.0b

Cash (31-May-2018)

255.4m
GBPFY, 2016FY, 2017FY, 2018

Revenue

72.3k7.8m579.9k

Cost of goods sold

5.3m7.9m10.7m

Gross profit

(5.2m)(27.8k)(10.2m)

Gross profit Margin, %

(7168%)0%(1753%)
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

3.6k67.7k11.5m23.0m94.2m255.4m

Accounts Receivable

76.9k462.6k484.7k140.2k446.0k27.3k

Current Assets

80.5k530.4k11.9m25.2m96.6m353.0m

PP&E

16.5k193.7k265.1k375.8k837.8k3.1m
GBPFY, 2016FY, 2017FY, 2018

Net Income

(8.7m)(4.9m)(50.4m)

Cash From Operating Activities

(6.2m)(10.0m)(43.0m)

Cash From Financing Activities

19.2m80.3m312.2m

Net Change in Cash

11.2m70.5m172.8m
GBPFY, 2013

Financial Leverage

-0.4 x
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Improbable Acquisitions / Subsidiaries

Company NameDateDeal Size
ZeuzFebruary 05, 2020
Midwinter EntertainmentSeptember 12, 2019

Human Capital Metrics

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Improbable Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Improbable Online and Social Media Presence

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Improbable News and Updates

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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.

A ‘Super Flower Blood Moon’ Eclipse And An Improbable Planetary ‘Kiss’: Your Guide To The Moon And Planets In May 2021

The year’s biggest “supermoon” will also be a rare total lunar eclipse during which our satellite will turn a reddish-orangey colour for 15 minutes.

SoftBank-backed Improbable posts steep losses, higher revenue with updated results

Summary List PlacementSoftBank-backed simulation startup Improbable has posted updated financial results for 2019 that indicate heavy losses but stronger revenue growth. The UK-headquartered startup offers its SpatialOS simulation software to gaming and defense firms. Its big promise is to enable …

William McChesney's New Audiobook, 'Retribution: They Must All Die,' Brings His Paperback Book to Life With a Stirring Audio Narrative of an Improbable Friendship

Recent audiobook release "Retribution: They Must All Die" from Audiobook Network author William McChesney provides a captivating telling of two young boys of different races who remain friends despite the racial tensions of the Civil War and the retribution they seek for the bigotry they witness.

Improbable LLC Appoints Outside Managers for U.S. Defense Business

Former Secretary of the Air Force Deborah Lee James, Former Under Secretary of Defense for Policy Dr. Jim Miller and former Under Secretary of Defense for Intelligence Dr. Michael Vickers Join Improbable LLC’s Board of Managers Former Secretary of the Air Force Deborah Lee James, Former Under Secret…
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Improbable Frequently Asked Questions

  • When was Improbable founded?

    Improbable was founded in 2012.

  • Who are Improbable key executives?

    Improbable's key executives are Herman Narula, Peter Lipka and Jason Jhonson.

  • How many employees does Improbable have?

    Improbable has 649 employees.

  • What is Improbable revenue?

    Latest Improbable annual revenue is £579.9 k.

  • What is Improbable revenue per employee?

    Latest Improbable revenue per employee is £893.

  • Who are Improbable competitors?

    Competitors of Improbable include Survios, Intelligent Decision Systems and Serious Labs.

  • Where is Improbable headquarters?

    Improbable headquarters is located at Level 4 10 Bishops Square, Greater London.

  • Where are Improbable offices?

    Improbable has offices in Greater London, Arlington, Edmonton and Shanghai.

  • How many offices does Improbable have?

    Improbable has 4 offices.