Rec Room - About the company
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 3599 active competitors, including 208 funded and 192 that have exited. Its top competitors include companies like Roblox, Animoca Brands 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
- Registered Address
- 300 ELLIOTT AVE W STE 400,SEATTLE,WA,98119,0
Key Metrics
Founded Year
2016
Location
Seattle, United States
Stage
Series F
Total Funding
$351M in 6 rounds
Latest Funding Round
Post Money Valuation
$3.5B as on Mar 31, 2026
Investors
Ranked
8th among 3599 active competitors
Employee Count
157 as on Aug 31, 2026
Legal entities associated with Rec Room
Rec Room is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Rec Room Inc. CIN: 32084723017 , United States, Active | - | 279 (As on Dec 31, 2023) | - | |
AGAINST GRAVITY CORP CIN: 0001670383 , United States, Active | - | 28 (As on Dec 31, 2018) | - |
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Rec Room's funding and investors
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
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 17, 2021 | $145M | Series F | $3.5B | - | ||
Mar 23, 2021 | $100M | Series D | $1.25B | - | ||
Dec 18, 2020 | $100M | Series C | - | - |
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Rec Room's founders and board of directors
Founder? Claim ProfileThe 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 |
|---|---|---|---|---|
Independent board member | - | Current | 10y 5m | |
Independent board member | - | Current | 10y 5m | |
Independent board member | - | Current | 10y 5m | |
Independent board member | - | Current | 10y 5m | |
Independent board member | - | Current | 10y 5m | |
Independent board member | - | Current | 10y 5m |
View details of Rec Room's Founder profiles and Board Members
Rec Room's employee count trend
Rec Room has 157 employees as of Aug 26. Here is Rec Room's employee count trend over the years:
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Rec Room's Competitors and alternates
Top competitors of Rec Room include Roblox, Animoca Brands and Nexon. Here is the list of Top 10 competitors of Rec Room, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Roblox 2004, San Mateo (United States), Public | Online gaming platform for developing web and mobile games | $918M | 87/100 | |
2nd | Animoca Brands 2006, Hong Kong (China), Series C | Web3 technology investment and venture-building company | $880M | 77/100 | |
3rd |  Nexon 1994, El Segundo (United States), Public | Developer and publisher of online multi-player games | - | 76/100 | |
4th | Team17 1990, Wakefield (United Kingdom), Public | Developer of indie games across multiple platforms and genres | $21.8M | 75/100 | |
5th | Nintendo 1980, Redmond (United States), Public | Consumer electronics and game development company | - | 73/100 | |
6th |  Skillz 2012, Las Vegas (United States), Public | Operator of a platform for competitive mobile games and tournaments | $54.3M | 73/100 | |
7th | Unity 2004, San Francisco (United States), Public | Developer of a real-time development platform for 2D and 3D content | $894M | 72/100 | |
8th |  Rec Room 2016, Seattle (United States), Series F | Developer of a social application featuring user-generated games and experiences | $351M | 71/100 | |
9th | Atari 1972, New York City (United States), Public | Developer and publisher of casual casino PC games | - | 69/100 | |
10th | Developer of blockchain games and infrastructure for player-owned digital economies | $311M | 69/100 |
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Rec Room's Investments and acquisitions
Rec Room has made no investments or acquisitions yet.
Reports related to Rec Room
Here is the latest report on Rec Room's sector:
News related to Rec Room
Filter this listMedia has covered Rec Room for a total of 4 events in the last 1 year, 1 of them has been about company updates.
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Rec Room shutting down: Once valued at $3.5B, social gaming platform finds profits elusiveGeekWire•Mar 30, 2026•Rec Room
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Access Advance Licensor Sues Snap Inc. for AV1 and HEVC Patent InfringementAccess Newswire•Mar 24, 2026•Access Advance, Snap, Rec Room
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Social VR Platform 'Rec Room' Lays Off Half Its Staff Amid Surge of ...Road to VR•Aug 26, 2025•Rec Room
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REC eyes ₹2,600 crore payout from KSK Mahanadi project, expects healthy recoveryCNBC-TV18•Mar 06, 2025•Rec Room
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Powergrid Wins Three Renewable Energy Transmission Projects From RecpdclMercom India•Mar 04, 2025•Power Grid Components, Rec Room
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Henry AI Raises $4M in Seed FundingFinSMEs•Feb 20, 2025•Henry AI, Susa Ventures, Sharpe Ventures, RXR and 14 others
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Reliance Industries Acquires Lakadia B Power Transmission Limited for Rs. 6.73 CroreIndiatimes•Feb 14, 2025•Reliance Industries, Rec Room, Bank Central Asia
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Bihar Strengthens Digital Transformation with Bidgely’s AI-Driven Power SolutionsBusiness Wire•Feb 13, 2025•SBPDCL, REC, Bidgely, Rec Room and 1 other
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