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 millions of users to explore and interact within environments created by other users. It is designed to be user-friendly, enabling digital creators, gamers, and social enthusiasts to create engaging experiences without needing advanced technical skills. PocketWorlds operates on a business model that includes user-generated content and in-app purchases, allowing creators to design and sell virtual items and experiences while earning revenue. The company takes a percentage of these transactions and offers premium features for purchase. What sets PocketWorlds apart is its community-driven approach, fostering creativity and connection among users. The company's goal is to enhance the way people create and connect in the digital space, promoting a culture of ownership and curiosity.

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, 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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Growth & Insights
Headcount

6 month growth

-5%

1 year growth

-2%

2 year growth

-6%

Benefits

Health Insurance

401(k) Retirement Plan

Unlimited Paid Time Off

Professional Development Budget

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