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Improbable

Improbable

Private
London, EnglandMedia, Entertainment & Gaminghttps://www.improbable.io

Last Round

VC Round

Oct 3, 2022

Est. Valuation

$3.36B

Total Funding Raised

$574.2M

Company Overview

Improbable is a metaverse technology company that provides a platform for creating immersive virtual worlds and simulations, enabling positive social and economic impacts for communities, companies, and brands.

Sector

Media, Entertainment & Gaming

Verticals

Web3 Gaming, AR/VR Experiences, Blockchain Infrastructure, Creator Economy, Platform-as-a-Service

Business Model

B2B

Customer Profile

Services & Consulting, Revenue Share, Usage-Based SaaS, Government Contracts

AI Layer

Non-AI

Keywords

venture buildermetaverse infrastructureLayer-1 blockchainL1 blockchainvirtual worldslarge-scale simulationsWeb3 gamingmetaverse builderonchain MMOEVM blockchainvirtual experiencesmetaverse networkdigital economiesSpatialOS

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Improbable Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Improbable Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
VC RoundOct 3, 2022
VC RoundApr 7, 2022
StrategicJul 26, 2018
Series BMay 12, 2017
Series AMar 24, 2015
Seed
Dec 1, 2014

Key People

Founding team and executive leadership

Herman Narula

CEO

Executive Team

L Wallen

Chief Technology Officer

Executive Team

Peter Lipka

Chief Operating Officer

Executive Team

Improbable Investors

Notable investors and investment history

InvestorRounds
Andreessen HorowitzSeries B, VC Round, Series A
Amadeus Capital PartnersSeed
Horizons VenturesSeries B, Series A
SoftBank Investment AdvisersVC Round
TemasekSeries B, Series A
Saranac PartnersVC Round
Morgan Creek Capital ManagementVC Round

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 23, 2026

    Annual cloud spend exceeds $1,000,000.

  • Jan 1, 2026

    Planned launch budget of over $1 million for 2026.

Improbable Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Improbable Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Improbable's valuation, stock price, and market status.

Firmographic Details

HeadquartersLondon, England
Employee Range158
Year Founded2012
Last FundingOct 3, 2022

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.