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   How much is rec room worth?

   • SEATTLE, Dec. 20, 2021 /PRNewswire/ -- Rec Room, the leading social gaming platform for user generated content, announced the close of $145 million in new funding, bringing the company's total valuation to $3.5 billion.

   Social Gaming Platform Rec Room Raises $145 Million at a $3.5 Billion

   www.prnewswire.com/news-releases/social-gaming-platform-rec-room-raises-145-million-at-a-3-5-billion-valuation-301448340.html

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   What is rec room?

   • Rec Room has been around for just five years (launched in 2016 in Seattle), and it has — at least for now — avoided the fast-rise/precipitous fall that has characterized so many other social gaming hits. It has now racked up 37 million users who build and play games in “rooms” where they virtually hang out with other users.

   Rec Room raises $145M at a $3.5B valuation for its user-generated

   techcrunch.com/2021/12/20/rec-room-raises-145m-at-a-3-5b-valuation-for-its-user-generated-immersive-gaming-platform/

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   How many rooms are on rec room?

   • There are some 12 million rooms on the platform already, Rec Room said. Although it’s not clear how many active users there are out of that 37 million figure, Rec Room said that monthly user count has grown by almost 450% in the last year (since November 2020), and that mobile users are driving some of that growth, up tenfold in that period.

   Rec Room raises $145M at a $3.5B valuation for its user-generated

   techcrunch.com/2021/12/20/rec-room-raises-145m-at-a-3-5b-valuation-for-its-user-generated-immersive-gaming-platform/

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   How many users does Rec Room have?

   • With over 12 million rooms and counting, Rec Room has created a space that promotes human connection where community members can interact, build, create and play games. Rec Room's monthly user count jumped nearly 450% since November 2020 with mobile users increasing more than tenfold during that same time.

   Social Gaming Platform Rec Room Raises $145 Million at a $3.5 Billion

   www.prnewswire.com/news-releases/social-gaming-platform-rec-room-raises-145-million-at-a-3-5-billion-valuation-301448340.html

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   Is rec room free to play?

   • Free to play, Rec Room is available on mobile devices, game consoles, PC and VR headsets, including iOS, Android, Xbox, PlayStation, Oculus, and Steam. "It's been amazing to watch Rec Room grow from a tiny collection of mini-games into a global platform with millions of experiences built by the community.

   Social Gaming Platform Rec Room Raises $145 Million at a $3.5 Billion

   www.prnewswire.com/news-releases/social-gaming-platform-rec-room-raises-145-million-at-a-3-5-billion-valuation-301448340.html

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   Who owns Rec Room?

   • This latest round was led by Coatue Management, with participation from existing investors Sequoia Capital, Index Ventures and Madrona Venture Group. Launched in 2016, Rec Room has now enabled over 37 million people around the world to connect and create.

   Social Gaming Platform Rec Room Raises $145 Million at a $3.5 Billion

   www.prnewswire.com/news-releases/social-gaming-platform-rec-room-raises-145-million-at-a-3-5-billion-valuation-301448340.html

   See all results for this question

2. techcrunch.com › 2021/12/20 › rec-room-raises-145mRec Room raises $145M at a $3.5B valuation for its user ...

   techcrunch.com › 2021/12/20 › rec-room-raises-145m

   • Cached

   Dec 20, 2021 · Rec Room, a free to download and play cross-platform social gaming company, has raised $145 million, funding that it will use to continue building out its tools and audience of gamers using...

3. www.prnewswire.com › news-releases › social-gamingSocial Gaming Platform Rec Room Raises $145 Million at a $3.5 ...

   www.prnewswire.com › news-releases › social-gaming

   • Cached

   Dec 20, 2021 · SEATTLE, Dec. 20, 2021 /PRNewswire/ -- Rec Room, the leading social gaming platform for user generated content, announced the close of $145 million in new funding, bringing the company's...

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5. www.bizjournals.com › seattle › innoRec Room's value soars after another giant funding haul

   www.bizjournals.com › seattle › inno

   Dec 20, 2021 · Seattle-based social gaming startup Rec Room has raised $145 million and reached a value of $3.5 billion. The massive round continues a big year for Rec Room, which raised $100 million in...

   • Author: Rick Morgan
   • Occupation: Inno Senior Reporter

   • Email: rmorgan@bizjournals.com
   • Works For: Puget Sound Business Journal

6. www.geekwire.com › 2021 › seattle-vr-startup-recSeattle VR startup Rec Room raises $145M, reaches $3.5B ...

   www.geekwire.com › 2021 › seattle-vr-startup-rec

   • Cached

   Dec 20, 2021 · Rec Room, the Seattle-based development studio behind the fast-growing VR application Rec Room, has raised $145 million in new funding, bringing its current valuation to $3.5 billion.

7. www.geekwire.com › 2021 › seattles-newest-unicornSeattle’s newest unicorn: Rec Room raises $100M as social ...

   www.geekwire.com › 2021 › seattles-newest-unicorn

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   Mar 24, 2021 · The game development startup is now valued at $1.25 billion after an explosive year of growth in which players used the platform to connect during the COVID-19 pandemic. It’s the latest...

8. www.builtinseattle.com › articles › rec-room-securedSocial VR Gaming Platform Rec Room Secures $145M, Hits $3.5B ...

   www.builtinseattle.com › articles › rec-room-secured

   • Cached

   Dec 20, 2021 · Rec Room, a VR social gaming platform, secured a $145 million investment valuing the company at $3.5 billion. The game lets players chat and play minigames with friends and also lets them create their own interactive levels.

9. finance.yahoo.com › news › social-gaming-firm-recSocial gaming firm Rec Room valued at $3.5 bln in Coatue-led ...

   finance.yahoo.com › news › social-gaming-firm-rec

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   Dec 20, 2021 · Social gaming platform Rec Room said on Monday it fetched a valuation of $3.5 billion after raising $145 million in a funding round led by hedge fund Coatue Management, riding on the...