About Metaverse sector in United States
The Metaverse sector in United States comprises 315 companies, including 132 funded companies having collectively raised $3.15B in venture capital money and private equity. Out of these, 46 are Series A+ funded, and 5 have achieved unicorn status.
Metaverse sector in United States has seen 7 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.
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. 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.
Top Metaverse Companies in United States
There are 315 Metaverse startups in United States which include Roblox, Genies, Meta, IMVU, Soul Machines. Out of these, 132 startups are funded, with 46 having secured Series A+ funding, and 5 achieving unicorn status.
Over the past 10 years, an average of 24 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Stanford University, Columbia University and Harvard University.
Here is the list of top Metaverse startups in United States
1. Roblox
Online gaming platform for developing web and mobile games. The platform enables its users to create its own games through simple drag and drop mechanisms. It has developed Roblox an action game. It generates revenue through virtual purchases in-game by the use of a virtual currency Robux. The platform follows a revenue share model for game developers.
Key facts about Roblox
- Founded Year: 2005
- Location: San Mateo (United States)
- Stage: Public
- Total Funding till date: $918M
- Investors: First Round Capital, Altos Ventures Management and 20 Others
- Latest Funding Round: Series H, Jan 06, 2021, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 1 of 609 Competitors
2. Genies
Provider of a mobile application and SDK to create 3D avatars. It offers a consumer app that allows users to create fully personalized avatars to be used in apps such as Giphy, iMessage, and Instagram. It detects actions, places, things, and emotions, and offers you corresponding animations your avatar acts out with a tap. The company's NFT storefront and partnerships with luxury brands and tech companies demonstrate its avatar technology.
Key facts about Genies
- Founded Year: 2011
- Location: Los Angeles (United States)
- Stage: Series C
- Total Funding till date: $276M
- Investors: New Enterprise Associates, Bandai Namco Entertainment and 69 Others
- Latest Funding Round: Series C, May 02, 2022, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 1 of 176 Competitors
3. Meta
Developer of metaverse platforms and VR devices. It designs various immersive platforms for entertainment, work, socializing, and gaming. It also manufactures VR and AR-integrated headsets, headphones, and smart glasses for interactivity.
Key facts about Meta
- Founded Year: 2004
- Location: Menlo Park (United States)
- Stage: Series A
- Total Funding till date: $3.4M
- Investors: Europa, Victor Avenue Capital and 4 Others
- Latest Funding Round: Grant (prize money), May 01, 2022, $*****
- Tracxn Score: 69/100 What is this?
- Competitors Rank: 2 of 507 Competitors
4. IMVU
Provider of an online 3D avatar-based social network. It is a social network connecting users through 3D avatar-based experiences. Users can chat with other users in virtual 3D rooms, shop for virtual goods, and create their rooms with furniture and accessories.
Key facts about IMVU
- Founded Year: 2004
- Location: Mountain View (United States)
- Stage: Series E
- Total Funding till date: $77M
- Investors: Menlo Ventures, NetEase Games and 7 Others
- Latest Funding Round: Series E, Jan 25, 2021, $*****
- Tracxn Score: 68/100 What is this?
- Competitors Rank: 3 of 496 Competitors
Developer of AI-enabled 3D virtual avatars. It develops digital humans with virtual facial muscles which create complex facial expressions according to emotion, task, and ongoing conversation. It uses data from sensors such as microphones, webcams, and processes it using a neural network-based virtual brain technology. Its cognitive platform processes all the sensor inputs and helps digital humans to learn a new task, to express feelings via facial expressions, and to learn different human behaviors. It can be used for providing customer experiences industries including automotive, education, financial services, banking, healthcare, media, software, and technology.
Key facts about Soul Machines
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $135M
- Investors: SoftBank Vision Fund, Mercedes-Benz and 11 Others
- Latest Funding Round: Series B, Feb 14, 2022, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 5 of 499 Competitors
Companies founded year-on-year in the Metaverse sector in United States
87 Metaverse startups in United States 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 | 8 |
2022 | 65 |
2021 | 87 |
2020 | 24 |
2019 | 24 |
2018 | 16 |
2017 | 15 |
Stage-wise distribution of Metaverse sector companies in United States
Out of the total 315 Metaverse companies in United States, 132 have secured funding. Among them, 46 have reached Series A or higher, and 24 to Series B or beyond.
Founded - 315
Funded - 132
Series A+ - 46
Series B+ - 24
Series C+ - 17
Company Stage | No. of companies |
|---|---|
Founded | 315 |
Funded | 132 |
Series A+ | 46 |
Series B+ | 24 |
Series C+ | 17 |
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Funding Trends in the Metaverse sector in United States
Total funding year-on-year in the Metaverse sector in United States
The Metaverse sector in United States saw a total funding of more than $2.67B in the last 10 years. The most amount of funding was in 2022 at more than $986M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $40.5M |
2024 | $142M |
2023 | $44.7M |
2022 | $986M |
2021 | $864M |
2020 | $219M |
2019 | $70.1M |
2018 | $175M |
2017 | $121M |
Recent Funding Rounds in Metaverse in United States
In the year 2025, till August 2025, Metaverse companies in United States have raised $40.5M in equity funding across 4 rounds.
In the same period last year (i.e. till July 2024), Metaverse companies in United States had raised $114M across 9 rounds.
So, 2025 has seen a 64.57% drop in funding in Metaverse companies in United States as compared to 2024.
Here are some recent, important funding rounds in Metaverse companies in United States:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series C | 1639 | Aug 15, 2025 | - | |
Seed | 5540 | May 29, 2025 | - | |
Series A | 7882 | Apr 15, 2025 | and 3 more | |
Series C | 2239 | Mar 06, 2025 | ||
Series A | 1922 | Dec 20, 2024 | - |
Top Investors in Metaverse in United States
Shima Capital is the top investor in Metaverse companies in United States based on number of companies invested.
Here are some top investors in Metaverse companies in United States:
Investor | Location | Top Portfolio Companies |
|---|---|---|
San Francisco (United States) | Parcl and Afropolitan | |
New York City (United States) | ||
Chicago (United States) | ||
San Francisco (United States) | ||
California City (United States) |
M&A activity in Metaverse sector in United States
In the year 2024, till February 2024, 1 acquisition happened in Metaverse sector in United States.
Here are some recent, important acquisitions in Metaverse sector in United States:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Feb 12, 2024 | ||
Business Acquisition | Dec 06, 2022 | ||
Business Acquisition | Sep 08, 2022 | ||
Acqui-Hired | Oct 03, 2017 | ||
Business Acquisition | Mar 03, 2015 |
Acquisition trends in Metaverse sector in United States
Here are the acquisition trends in Metaverse sector in United States:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 1 |
2023 | - |
2022 | 2 |
2021 | - |
2020 | - |
2019 | - |
2018 | - |
2017 | 1 |
IPOs in Metaverse in United States
In the year 2021, till April 2021, 3 IPOs happened in Metaverse sector in United States.
Here are some recent, important IPOs in Metaverse sector in United States:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 30, 2021 | Canadian Securities Exchange (CSE) | |
Apr 28, 2021 | Canadian Securities Exchange (CSE) | |
Mar 10, 2021 | New York Stock Exchange (NYSE) | |
Sep 13, 2016 | OTC Markets (OTCMKTS) | |
Aug 18, 2000 | OTC Markets (OTCMKTS) |
Colleges which produce the most Metaverse companies in United States
Companies founded by alumni from top colleges in the Metaverse in United States
Most number of Metaverse startups in United States have been founded by alumni from Stanford University, Columbia University and Harvard University.
College | No. of companies |
|---|---|
Stanford University | 4 |
Columbia University | 3 |
Harvard 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 United States
In the last 10 years, Stanford University graduates' Metaverse companies in United States 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 |
Top News in Metaverse in United States
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Boston IVF Partners with Gaia and PatientFi to Make Fertility Treatment More AccessibleBusiness Wire•Dec 02, 2025•Boston IVF, PatientFi, Gaia, Gaia Interactive
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Nick Scali sees profitability in British stores despite profit slump.The West Australian•Aug 08, 2025•Fab, Nick Scali
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Instagram now requires 1,000 followers to go live on the platformTechCrunch+•Aug 01, 2025•Instagram, Meta
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Comparative Study: Meta Platforms And Industry Competitors In Interactive Media & Services IndustryBenzinga•Jul 28, 2025•Meta, Alphabet, Baidu, Reddit and 11 others
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Instagram Changes Algorithm After Accusations of Steering Predators to ChildrenThe Verge•Jul 23, 2025•Meta, Instagram
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Meta reportedly uses tents to build data centers, Zuckerberg boosts AI tech.TechCrunch+•Jul 15, 2025•Meta, OpenAI
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Is Meta preparing to bury its open-source AI in favor of a black box to build AGI?FrenchWeb•Jul 15, 2025•Meta
