Tech Company Financing Transactions

Ready Player Me Funding Round

Andreessen Horowitz, Collab+Currency and D'Amelio Family participated in a $56 million Series B funding round for Ready Player Me. This venture round was announced on 8/23/2022.

Transaction Overview

Company Name
Ready Player Me
Announced On
8/23/2022
Transaction Type
Venture Equity
Amount
$56,000,000
Round
Series B
Investors

Andreessen Horowitz (Lead Investor) (Jonathan Lai)

Collab+Currency

D'Amelio Family

Endeavor

HartBeat Ventures (Kevin Hart)

private investors (David Baszucki)

private investors (Justin Kan)

private investors (Riccardo Zacconi)

private investors (Robin Chan)

private investors (Sebastian Knutsson)

Konvoy Ventures

Punk6529

Snowfro

Proceeds Purpose
The funding will be used in three basic areas: to continue hiring (the company has offices in NYC); to expand the platform with more developer tools, including those for monetization, and to build more services for creators using Ready Player Me (it offers both an SDK and API); and to double down on the idea that creating single avatars, and identities, that are interoperable and can be used across multiple virtual environments will improve overall user experience, and thus help grow user numbers.

Company Information

Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
Mündi 2
Tallinn Harjumaa, 10146
Estonia
Phone
Undisclosed
Website
www.wolf3d.io
Email Address
[email protected]
Overview
Powering the next generation of online identities. Avatars are an increasingly important part of our daily lives. People use avatars in games, in VR/AR, virtual events, and in social apps. Our goal is to give every person an avatar that they love and appreciate.
Profile
Ready Player Me LinkedIn Company Profile
Social Media
Ready Player Me Company Twitter Account
Company News
Ready Player Me News
Facebook
Ready Player Me on Facebook
YouTube
Ready Player Me on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Timmu Tõke
  Timmu Tõke LinkedIn Profile  Timmu Tõke Twitter Account  Timmu Tõke News  Timmu Tõke on Facebook

 

 

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Prev: 8/22/2022: Highline venture capital transaction
Next: 8/23/2022: Worldfavor venture capital transaction

 

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