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REC ROOM
Rec Room
Video games (virtual reality game creation platform) · Seattle, Washington · United States · Founded · 2016 · ≈ · 100 · employees

Rec Room Funding — Last Valued at $3.5B

Private

Rec Room has raised $294M across 5 funding rounds. The latest round valued Rec Room at $3.5B post-money, with Coatue Management on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Rec Room funding · at a glance
Total raised, all rounds
$294M
sum of disclosed sizes
Funding rounds
5
priced rounds
Latest round
$3.5B
post-money · Dec 2021
Lead on that event
Coatue Management
lead investor
2021
About Rec Room

Rec Room was backed by investors including Sequoia and Index Ventures before the company shut down in 2026.

Funding timeline

The Rec Room funding timeline

5 funding rounds, the latest highlighted.

2016
Rec Room founded

Rec Room was founded in 2016, United States.

JAN 2017
Seed/early (2016-2017)

A primary round — the company sells new shares to investors it selects. $5M raised.

Valuation basisAmount$5MPrice / shareLead
JUN 2019
2019 (two rounds combined)

A primary round — the company sells new shares to investors it selects. $24M raised.

Valuation basisAmount$24MPrice / shareLead
DEC 2020
2020 round

A primary round — the company sells new shares to investors it selects. $20M raised, led by Madrona Venture Group.

Valuation basisAmount$20MPrice / shareLeadMadrona Venture Group
MAR 2021
Unicorn round at $1.2B post-money

A primary round — the company sells new shares to investors it selects. $100M raised, led by Sequoia Capital, Index Ventures.

Valuation basispost-moneyAmount$100MPrice / shareLeadSequoia Capital, Index Ventures
DEC 2021LATEST
Growth round at $3.5B post-money

A primary round — the company sells new shares to investors it selects. $145M raised, led by Coatue Management.

Valuation basispost-moneyAmount$145MPrice / shareLeadCoatue Management
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Rec Room funding rounds in full

5 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Growth round LATEST
Dec 2021
$145M
$3.5Bpost-money
—
Coatue Management
—
Unicorn round
Mar 2021
$100M
$1.2Bpost-money
—
Sequoia Capital, Index Ventures
—
2020 round
Dec 2020
$20M
—
—
Madrona Venture Group
—
2019 (two rounds combined)
Jun 2019
$24M
—
—
—
—
Seed/early (2016-2017)
Jan 2017
$5M
—
—
—
—
Rec Room · investors

Investors

Coatue ManagementLEADSSequoia CapitalLEADIndex VenturesLEADMMadrona Venture GroupLEADSSequoia

Frequently asked questions

What is Rec Room's valuation?›

The last valuation is $3.5B.

Who has invested in Rec Room?›

Lead investors for each round are in the funding timeline.

Who are Rec Room's competitors?›

The closest video games (virtual reality game creation platform) peers are on the competitors page.

How can I get exposure to Rec Room?›

The routes section explains what is realistically available for a company at this stage.

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