Tech Company Financing Transactions
Rec Room Funding Round
On 12/21/2021, Rec Room raised $145 million in investment from Coatue Management, Index Ventures and Madrona Venture Group.
Transaction Overview
Company Name
Announced On
12/21/2021
Transaction Type
Venture Equity
Amount
$145,000,000
Round
Undisclosed
Investors
Coatue Management (Lead Investor) (Matthew Mazzeo)
Sequoia Capital (Stephanie Zhan)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
300 Elliott Ave. W. 450
Seattle, WA 98199
USA
Seattle, WA 98199
USA
Phone
Website
Email Address
Not Recorded
Overview
Rec Room Inc. was founded in April 2016 by a small team with a shared passion for VR, AR, social, and multiplayer experiences. Rec Room is a place to build and play games together. Rec Room is free, and cross plays on everything from phones to VR headsets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nick Fajt
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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