When was Rec Room founded?

Rec Room was founded in 2016 and became a unicorn in 2021.

Where is Rec Room located?

Rec Room is headquartered in Seattle, United States.

Who is the current CEO of Rec Room?

Nick Fajt and Gene Sena s of Rec Room. Nick Fajt has also founded 1 company and is an angel investors in 1 startup.

How many employees does Rec Room have?

As of May 31, 2026, the latest employee count at Rec Room is 178.

Is Rec Room a funded company?

Rec Room is a funded company, having raised a total of $351M across 6 funding rounds to date. The company's 1st funding round was a $815K Seed round, raised on Jun 09, 2016.

How much is Rec Room worth?

The latest valuation of Rec Room is $3.5B as of Dec 20, 2021.

When was the latest funding round of Rec Room?

Rec Room's latest funding was a $145M Series F round on Dec 17, 2021, with participation from 4 investors.

Is Rec Room a Gaming Tech company?

The primary sectors of Rec Room are Gaming Tech, PC & Console Gaming and Mobile Gaming.

Where does Rec Room rank among its competitors?

Rec Room ranks 4th amongst 3259 active competitors, of which 196 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Unity, which secured $690M in Feb, 2025.

Who are the top competitors of Rec Room?

Rec Room's top competitors include Roblox, Team17 and Nexon. Among them, Unity secured the most recent funding round in February, 2025.

Rec Room - 2026 Company Profile, Team, Funding & Competitors

Rec Room is a series F company based in Seattle (United States), founded in 2016 by John Bevis, Nick Fajt and O Bilal Orhan. It operates as a Developer of a social application featuring user-generated games and experiences. Rec Room has raised $351M in funding from investors like Sequoia Capital, Index Ventures and Betaworks, with a current valuation of $3.5B. The company has 3259 active competitors, including 196 funded and 182 that have exited. Its top competitors include companies like Roblox, Team17 and Nexon.

Sectors and market segments that Rec Room operate in

Rec Room serves in the Gaming, Mobile market segments.The primary business model of Rec Room are:

Company Details

Developer of a social application featuring user-generated games and experiences. The application allows users to create avatars and interact in virtual spaces. Users can explore games and environments designed by other users. The application offers tools for users to build and share their own creations.

Website: recroom.com
Social
Email ID: *****@againstgrav.com

Key Metrics

Founded Year

2016

Location

Seattle, United States

Stage

Series F

Total Funding

$351M in 6 rounds

Latest Funding Round

Series F, Dec 17, 2021, $145M

Post Money Valuation

$3.5B as on Dec 20, 2021

Investors

Sequoia Capital & 19 more

Ranked

4^th among 3259 active competitors

Employee Count

178 as on May 31, 2026

Similar Companies

Roblox & 3503 more

View Rec Room's full profile

Rec Room is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
AGAINST GRAVITY CORP CIN: 0001670383 , United States, Active		-	28 (As on Dec 31, 2018)	-
Rec Room Inc. CIN: 32084723017 , United States, Active		-	279 (As on Dec 31, 2023)	-

Rec Room has raised a total funding of $351M over 6 rounds. Its first funding round was on Jun 09, 2016. Its latest funding round was a Series F round on Dec 17, 2021 for $145M. 4 investors participated in its latest round. Rec Room has 19 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Rec Room:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 17, 2021	$145M	Series F	$3.5B	-	Coatue	Sequoia Capital, Index Ventures, Madrona
Mar 23, 2021	$100M	Series D	$1.25B	-	Sequoia Capital, Index Ventures	Madrona, Maveron, Betaworks, The Venture Reality Fund, First Round Capital, Acequia Capital, Anorak Ventures, Vulcan
Dec 18, 2020	$100M	Series C	-	-	Madrona	First Round Capital, Indexa Capital, Sequoia Capital

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View details of Rec Room's funding rounds and investors

The founders of Rec Room are John Bevis, Nick Fajt and O Bilal Orhan. Nick Fajt and Gene Sena are the CEOs of Rec Room.

Here are the details of Rec Room's key team members:

John Bevis: Co-Founder of Rec Room. They serve on the board of 1 company.
Contact Info: 1 email address
Nick Fajt: Co-Founder & CEO of Rec Room. They are also an angel investor in 1 startup.
Contact Info: 1 email address
O Bilal Orhan: Co Founder of Rec Room.
Contact Info: 1 email address
Gene Sena: CEO of Rec Room.

Rec Room's Board of Directors

Rec Room's board has 6 active members. John Bevis, Cameron Brown, Dan Kroymann, Nicholas Fajt, Josh Wehrly and Omer Bilal Orhan are independent board members.

Here is the list of Rec Room's board of directors:

Name	Type	Representing	Status	Duration
John Bevis	Independent board member	-	Current	9y 11m
Cameron Brown	Independent board member	-	Current	9y 11m
Dan Kroymann	Independent board member	-	Current	9y 11m
Nicholas Fajt	Independent board member	-	Current	9y 11m
Josh Wehrly	Independent board member	-	Current	9y 11m
Omer Bilal Orhan	Independent board member	-	Current	9y 11m

View details of Rec Room's Founder profiles and Board Members

Rec Room's employee count trend

Rec Room has 178 employees as of May 26. Here is Rec Room's employee count trend over the years:

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Top competitors of Rec Room include Roblox, Team17 and Nexon. Here is the list of Top 10 competitors of Rec Room, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Roblox 2005, San Mateo (United States), Public	Online gaming platform for developing web and mobile games	$918M	Altos Ventures Management, First Round Capital ... & 20 others	87/100
2nd	Team17 1990, Wakefield (United Kingdom), Public	Developer of indie games across multiple platforms and genres	$21.8M	Herald Investment Management, The Independent Investment Trust ... & 2 others	76/100
3rd	Nexon 1994, El Segundo (United States), Public	Developer and publisher of online multi-player games	-	SoftBank Group, Public Investment Fund & 2 others	75/100
4th	Rec Room 2016, Seattle (United States), Series F	Developer of a social application featuring user-generated games and experiences	$351M	Coatue, Madrona & 18 others	72/100
5th	Take-Two Interactive 1993, New York City (United States), Public	Video game developer for PC and Console	-	27th Street Capital, Public Investment Fund ... & 3 others	72/100
6th	Sky Mavis 2019, Singapore (Singapore), Series B	Developer of blockchain games and infrastructure for player-owned digital economies	$311M	Andreessen Horowitz, Libertus Capital & 33 others	70/100
7th	Playrix 2004, Dublin (Ireland), Acquired	Video game developer specializing in casual games	-	-	69/100
8th	Atari 1972, New York City (United States), Public	Developer and publisher of casual casino PC games	-	Mayfield, Sequoia Capital & 5 others	69/100
9th	Thatgamecompany 2006, Santa Monica (United States), Series D	Developer of PC and mobile-based games	$172M	Sequoia Capital, TPG & 6 others	68/100
10th	Unity 2004, San Francisco (United States), Public	Developer of a real-time development platform for 2D and 3D content	$894M	Silver Lake, DFJ Growth & 50 others	67/100