Rec Room raises $145M led by Coatue, valuing the Seattle VR startup at $3.5B

Seattle-based Rec Room raised $145 million in a funding round led by Coatue Management, bringing its valuation to $3.5 billion after a prior $100 million raise in March 2021; the cross-platform social VR app saw rapid user growth during the COVID-19 pandemic.

CCameron Brown NNick Fajt RRec Room