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VRChat

Extended Reality
Metaverse Experience Platforms
Product stageSegments
Early
?
AR/VR platforms
?

VRChat is a VR social platform where users can join virtual spaces that can be personalized with custom-built spaces, avatars, events, hangouts, etc. It is available on SteamVR and Meta Quest headsets with support for non-VR modes as well. Creators can also build virtual worlds that can be uploaded via the VRChat SDK and sold on the platform’s marketplace to other platform users. In November 2023, the company launched ‘Paid Subscriptions’ in beta, which allows VRChat players to purchase in-game credits with fiat currency that can subsequently be spent to purchase subscriber-only content. The company will keep 20% of revenue generated via these subscriptions

Key customers and partnerships

As of June 2021, the company reported 40,000 concurrent users, up from 24,000 in November 2020, with the majority (52%) being VR users. It was the most active VR application on the digital distribution service Steam. The platform reported more than 25,000 community-created worlds as of February 2022.


Extended Reality

Extended Reality

Key stats
Featured companies
238
Total funding (USD)
13.6 Bn
Total addressable market (USD)
100.4 Bn
Key competitors
 
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Product Overview
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Product Metrics
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Company profile
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EDGE Insights

XR and MEP (Q1 2024): An Apple-backed XR spatial computing surge; Disney’s USD 1.5 billion fuels Fortnite expansion
XR and MEP (Q4 2023): XR GenAI adoption accelerates alongside funding rebound
XR and MEP (Q3 2023): Product improvements continue despite stagnant funding
XR and MEP (Q1 2023): From virtual promise to metaverse hesitation
The Extended Reality journey: Are we there yet?

Company Brief


HQ location:
548 Market St San Francisco CA USA
Founded year:
2014
Employees:
51-100
Total Funding:
USD 95.2 million
Last Funding
USD 80.0 million, Jun 2021

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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