PocketWorlds

PocketWorlds

Platform for creating and monetizing virtual worlds

About

PocketWorlds creates a platform for users to build, share, and monetize their own virtual worlds, primarily through their flagship product, Highrise. This virtual universe allows millions of users to explore and interact within environments created by other users. The platform is designed to be user-friendly, enabling digital creators, gamers, and social enthusiasts to create engaging experiences without needing advanced technical skills. Users can generate content and earn revenue through in-app purchases, selling virtual items and experiences, 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 take ownership of their creations. The goal of PocketWorlds is to enhance the way people connect and express themselves in the digital space.

Company Stage

Seed

Employees

51-200

Industries

VR & AR, Consumer Software, Gaming

Total Funding

$9.7M

Headquarters

N/A

Founded

2015


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Simplify's Take

What believers are saying

  • The recent $7 million Series A funding round provides Pocket Worlds with the financial resources to expand and innovate further.
  • Highrise's 680,000 weekly users and average in-game time of 90 minutes indicate strong user engagement and growth potential.
  • The launch of Highrise Studio and Highrise 4.0 empowers creators to monetize their content, potentially leading to increased revenue streams for both creators and the company.

What critics are saying

  • The competitive landscape of virtual worlds and social networking is intense, requiring continuous innovation to stay relevant.
  • Dependence on user-generated content means that the platform's success is closely tied to the creativity and engagement of its user base.

What makes PocketWorlds unique

  • Pocket Worlds uniquely combines social networking with user-generated content, allowing users to create, share, and monetize their own virtual worlds.
  • The platform's user-friendly design enables anyone, regardless of technical skill, to build engaging virtual experiences, setting it apart from more complex competitors.
  • Highrise's focus on pop culture trends and partnerships with NFT communities like Capsule House further distinguishes it in the digital entertainment space.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

17%

2 year growth

39%

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