Rec Room

Rec Room

Social gaming platform for user-generated content

About

Rec Room is a social gaming platform that allows users to create, share, and play games with others. Users can design their own games and experiences, which fosters a vibrant community where creativity and social interaction thrive. The platform operates on a freemium model, providing free access while offering in-app purchases for items like avatar customization and premium content. This approach encourages users to engage with the platform over the long term. Rec Room stands out from competitors by emphasizing user-generated content and community involvement, as well as prioritizing safety and inclusivity, demonstrated by its kidSAFE Seal Program certification for its Junior Mode. The goal of Rec Room is to create an engaging and safe environment for users of all ages to connect and enjoy interactive entertainment.

Company Stage

Late Stage VC

Employees

201-500

Industries

Consumer Software, Entertainment, Gaming

Total Funding

$286M

Headquarters

Seattle, Washington

Founded

2016


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Simplify's Take

What believers are saying

  • Increased interest in VR and AR is driving user engagement on Rec Room.
  • The platform's community-driven environment encourages long-term user engagement.
  • Rec Room's recent $145M funding round boosts its growth potential.

What critics are saying

  • Competition from other VR platforms like Roblox could impact Rec Room's market share.
  • Regulatory scrutiny over virtual goods could affect Rec Room's revenue model.
  • Evolving VR hardware may require Rec Room to continuously adapt its platform.

What makes Rec Room unique

  • Rec Room emphasizes safety with kidSAFE certification for its Junior Mode.
  • The platform leverages user-generated content to drive engagement and growth.
  • Rec Room offers a freemium model with in-app purchases for monetization.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

7%

2 year growth

25%

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