Rec Room raises $145 million

Written By Derek Weber

Seattle-based gaming platform Rec Room has raised $145 million at a $3.5 billion valuation, up from $1.25 billion the company was valued at its $100 million Series D round in March this year. The latest deal was led by Coatue Management, with participation from existing investors Sequoia Capital, Index Ventures and Madrona Venture Group.

Founded in 2016, Rec Room reportedly has over 37 million users, up from 2 million in March. 

Derek Weber
Previous

Cohesity files to go public
Next

Byju’s in talks to go public via a SPAC merger