PocketWorlds

PocketWorlds

Platform for creating and monetizing virtual worlds

About PocketWorlds

Simplify's Rating
Why PocketWorlds is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

VR & AR

Consumer Software

Gaming

Company Size

51-200

Company Stage

Seed

Total Funding

$9.7M

Headquarters

San Francisco, California

Founded

2015

Overview

PocketWorlds creates immersive virtual experiences through its platform, Highrise, where users can build, share, and monetize their own virtual worlds. The platform allows users to explore and interact within environments created by other users, making it accessible for digital creators, gamers, and social enthusiasts. Users can design and sell virtual items and experiences, earning revenue while PocketWorlds takes a percentage of these transactions. The company differentiates itself by fostering a community-driven environment that emphasizes creativity and connection, encouraging users to express themselves without needing advanced technical skills. The goal of PocketWorlds is to enhance the way people create and connect in the digital space, providing a unique blend of social interaction and creative freedom.

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Simplify's Take

What believers are saying

  • Highrise has over 40 million users, indicating strong market presence and engagement.
  • Recent $7 million funding supports expansion of Highrise mobile MMO capabilities.
  • Growing interest in virtual fashion expands in-app purchase opportunities in Highrise.

What critics are saying

  • NFT integration may alienate users skeptical of blockchain technology.
  • Rapid expansion could strain resources, leading to operational inefficiencies.
  • Reliance on pop culture trends risks short-lived user interest.

What makes PocketWorlds unique

  • Pocket Worlds empowers creators with Highrise Studio for easy virtual experience creation.
  • Highrise features user-friendly tools, enabling non-technical users to create immersive worlds.
  • Pocket Worlds fosters a community-driven environment, emphasizing creativity and connection.

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Funding

Total Funding

$9.7M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Retirement Plan

Unlimited Paid Time Off

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-4%

1 year growth

0%

2 year growth

-5%
VentureBeat
Mar 28th, 2024
Pocket Worlds Launches Highrise Studio And Highrise 4.0 For Creator-Driven Virtual Experiences

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here. Pocket Worlds has launched Highrise Studio and Highrise 4.0 to empower creators to easily build and monetize virtual experiences.With Over 40 million users already, Highrise enables players to create their own shared immersive virtual worlds and games. Austin, Texas-based Pocket Worlds said the latest updates continue Highrise’s commitment to empower creators to unleash their creativity while earning an income from their creations.Boasting 680,000 weekly users who spend an average of 90 minutes in-game, Highrise has become a hub for user-generated content (UGC) that’s not only engaging but also in lockstep with pop culture trends, by featuring accessories like a Baddie Red Carpet jacket and Stan-cups

Medium
Jul 6th, 2022
Pocket Worlds Welcomes Capsule House as the First NFT Community to Build in Highrise World | by Pocket Worlds PR | Pocket Worlds | Medium

Today, Pocket Worlds LTD is excited to announce its partnership with Capsule House, a leading NFT project that will be among the first to establish their own Highrise Tower and metaverse experience for their community: the Capsule House Highrise.

VentureBeat
Jan 28th, 2021
Pocket Worlds raises $7 million to expand High Rise mobile MMO

Pocket Worlds has raised $7 million to expand its High Rise mobile massively multiplayer online social game.

Ayo News
Jan 28th, 2021
Pocket Worlds LTD receives financing of $7M in Series A funding round

Social sandbox MMO gaming company, Pocket Worlds, has secured $7M USD in a Series A funding round.

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