PocketWorlds

PocketWorlds

Platform for creating and monetizing virtual worlds

About

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.

Company Stage

Seed

Employees

51-200

Industries

VR & AR, Consumer Software, Gaming

Total Funding

$9.7M

Headquarters

San Francisco, California

Founded

2015


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Simplify's Take

What believers are saying

  • Highrise has over 40 million users, with 680,000 weekly active users.
  • Partnerships with NFT communities open new revenue streams and attract crypto-savvy users.
  • The rise of AI-driven tools aligns with Pocket Worlds' user-friendly approach, enhancing creativity.

What critics are saying

  • Competition from established platforms like Roblox and Fortnite could impact market share.
  • Volatility in the NFT market may affect partnerships and revenue.
  • Potential regulatory changes targeting microtransactions could threaten in-app purchase revenue.

What makes PocketWorlds unique

  • Pocket Worlds offers a user-friendly platform for creating virtual experiences without technical skills.
  • Highrise empowers creators with tools to monetize their virtual worlds and items.
  • The company fosters a community-driven environment, emphasizing creativity and connection.

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Growth & Insights
Headcount

6 month growth

-3%

1 year growth

9%

2 year growth

31%

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