How many total Metaverse companies are there in North America?

As of January 2026, North America has 284 active Metaverse companies.

How many Metaverse companies in North America are funded?

As of January 2026, 151 companies have received funding in this sector.

What is the total funding raised by Metaverse companies in North America?

Metaverse companies in North America have collectively raised $3.2B in funding till date.

Who are the top investors in Metaverse companies in North America?

The top investors in Metaverse companies in North America by number of investments are Shima Capital and Andreessen Horowitz.

Which is the highest funded Metaverse company in North America?

As of January 2026, Yuga Labs has raised $450M in funding, highest among the funded Metaverse companies in North America.

How many Metaverse unicorns are there in North America?

North America has produced 5 unicorns in the Metaverse sector till date.

Metaverse in North America - 2026 Market & Investments Trends

The Metaverse sector in North America comprises 359 companies, including 151 funded companies having collectively raised $3.2B in venture capital money and private equity. Out of these, 52 are Series A+ funded, and 5 have achieved unicorn status.

Metaverse sector in North America has seen 10 acquisitions and 4 IPOs.

This sector includes companies that develop a virtual world combining aspects of social media, online gaming, AR, VR, and cryptocurrencies to allow users to interact virtually.

Companies included in Metaverse

Includes companies offering infrastructure for the creation and functioning of the metaverse, avatar creation platforms for metaverse, asset creation platforms for assets like music, products, etc., metaverse asset marketplaces, metaverse platforms that include metaverse games, virtual worlds for social networking, music, healthcare, fitness, museums, etc., and metaverse tech enablers such as financial services, advertising, identity management, etc.

Companies excluded in Metaverse

Excludes generic blockchain infrastructure, generic game developers, generic game engines, generic cloud infra, generic social media platforms, generic AR VR infra, etc that are not specific to the metaverse.

Key Metrics

Total Companies

359

Top Companies

Roblox, Genies & more

Total Funding

$3.2B

Funded Companies

151

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

Acquisitions

View complete details of this sector

There are more than 359 companies in Metaverse in North America. Roblox is the top Metaverse company in North America, ranked using Tracxn Score (what's this?).

Here are 5 of the top Metaverse companies in North America:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Roblox	Online gaming platform for developing web and mobile games	San Mateo (United States)	2005	Public	$918M
Genies	Provider of a mobile application and SDK to create 3D avatars	Los Angeles (United States)	2011	Series C	$276M
Meta	Developer of metaverse platforms and VR devices	Menlo Park (United States)	2004	Series A	$3.4M
IMVU	Provider of an online 3D avatar-based social network	Mountain View (United States)	2004	Series E	$77M
Soul Machines	Developer of AI-enabled 3D virtual avatars	San Francisco (United States)	2016	Series B	$135M

Get a longer list of companies

Companies founded year-on-year in the Metaverse sector in North America

98 Metaverse startups in North America were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	-
2025	-
2024	2
2023	13
2022	75
2021	98
2020	30
2019	26
2018	19
2017	16

Stage-wise distribution of Metaverse sector companies in North America

Out of the total 359 Metaverse companies in North America, 151 have secured funding. Among them, 52 have reached Series A or higher, and 27 to Series B or beyond.

Founded - 359

Funded - 151

Series A+ - 52

Series B+ - 27

Series C+ - 20

Company Stage	No. of companies
Founded	359
Funded	151
Series A+	52
Series B+	27
Series C+	20

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Total funding year-on-year in the Metaverse sector in North America

The Metaverse sector in North America saw a total funding of more than $2.71B in the last 10 years. The most amount of funding was in 2022 at more than $1.02B.

Total Funding

Year	Total Funding
2025	$41M
2024	$145M
2023	$44.7M
2022	$1.02B
2021	$864M
2020	$221M
2019	$70.1M
2018	$175M
2017	$121M

Recent Funding Rounds in Metaverse in North America

In the year 2025, till August 2025, Metaverse companies in North America have raised $40.8M in equity funding across 5 rounds. In the same period last year (i.e. till July 2024), Metaverse companies in North America had raised $117M across 10 rounds. So, 2025 has seen a 65.23% drop in funding in Metaverse companies in North America as compared to 2024.

Here are some recent, important funding rounds in Metaverse companies in North America:

Company	Round Raised	Amount Raised	Funding Date	Investors
Peer	Series C	6020	Aug 15, 2025	-
Veyond Metaverse	Seed	9822	May 29, 2025	-
Secur3D	Seed	2546	Apr 17, 2025	-
Flam	Series A	6628	Apr 15, 2025	RTP Global and 3 more
Peer	Series C	8364	Mar 06, 2025	Family Office of Tommy Mai

See a more detailed list of funding rounds

Shima Capital is the top investor in Metaverse companies in North America based on number of companies invested.

Here are some top investors in Metaverse companies in North America:

Investor	Location	Top Portfolio Companies
Shima Capital	San Francisco (United States)	Parcl and Afropolitan
Andreessen Horowitz	New York City (United States)	Roblox, Fab, Yuga Labs and Adimverse
Sfermion	Chicago (United States)	Pixelynx, DeHorizon and Seam Social
Alameda Research	San Francisco (United States)	Pixelynx, rct AI, Mirror World and Delysium
X21 Digital	California City (United States)	Oly Sport

See a more detailed list of investors

In the year 2025, till December 2025, 1 acquisition happened in Metaverse sector in North America. Last year, in 2024, a total of 1 acquisition happened in Metaverse sector in North America.

Here are some recent, important acquisitions in Metaverse sector in North America:

Company	Acquisition Type	Acquisition Date	Acquirers
ARway	Business Acquisition	Dec 01, 2025	NexTech AR Solutions
Ethereal Engine	Business Acquisition	Feb 12, 2024	Infinite Reality
Pixelynx	Business Acquisition	Dec 06, 2022	Animoca Brands
Active Replica	Business Acquisition	Dec 01, 2022	Mozilla
Flyy	Business Acquisition	Sep 08, 2022	Dropp Group

See a more detailed list of acquisitions

Acquisition trends in Metaverse sector in North America

Here are the acquisition trends in Metaverse sector in North America:

Total Number of Acquisitions

Year	No. of companies
2026	-
2025	1
2024	1
2023	-
2022	3
2021	-
2020	-
2019	1
2018	-
2017	1

In the year 2022, till November 2022, 2 IPOs happened in Metaverse sector in North America.

Here are some recent, important IPOs in Metaverse sector in North America:

Company	IPO Date	Exchange Symbol
ARway	Nov 04, 2022	OTC Markets (OTCMKTS)
ARway	Oct 26, 2022	Canadian Securities Exchange (CSE)
MetaWorks	Apr 30, 2021	Canadian Securities Exchange (CSE)
MetaWorks	Apr 28, 2021	Canadian Securities Exchange (CSE)
Roblox	Mar 10, 2021	New York Stock Exchange (NYSE)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the Metaverse in North America

Most number of Metaverse startups in North America have been founded by alumni from Harvard University, Stanford University and Columbia University.

College	No. of companies
Harvard University	4
Stanford University	4
Columbia University	3
Massachusetts Institute of Technology	3
University of California (Berkeley)	3
Carnegie Mellon University	2
Duke University	2
Stanford Business School	2
University of Pennsylvania	2
Wharton School	2

Total funding in Metaverse companies founded by alumni from top colleges in North America

In the last 10 years, Stanford University graduates' Metaverse companies in North America have raised the most funding among top colleges. Wharton School alumni are second, and University of Pennsylvania alumni are third.

College	Total Funding
Stanford University	$934M
Wharton School	$298M
University of Pennsylvania	$286M
Massachusetts Institute of Technology	$184M
University of Toronto	$66.8M
Yale University	$65M
Kellogg School of Management	$42M
University of California (Berkeley)	$41.9M
University of Oxford	$40M
BITS Pilani	$22.5M