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Improbable

Improbable

Private
LondonMedia, Entertainment & Gaminghttps://www.improbable.io/

Last Round

VC Round

Oct 3, 2022

Est. Valuation

$3B

Total Funding Raised

$726.4M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Improbable is a metaverse technology company and venture builder 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

Gaming, Web3 Gaming, AR/VR Experiences, Blockchain Infrastructure

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 Comparables

Compare Improbable with similar companies based on industry and business-model similarity.

Improbable comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
MetaGravity
72%
Animoca Brands
63%
Epic Games
61%

Improbable Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundOct 3, 2022
StrategicApr 7, 2022
StrategicJul 26, 2018
Series BMay 11, 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

Improbable investors
InvestorRounds
Andreessen HorowitzSeries B, Strategic, Series A
Amadeus Capital PartnersSeed
Horizons VenturesSeries B, Series A
SoftBank Investment AdvisersStrategic
TemasekSeries B, Series A
Saranac PartnersStrategic
Morgan Creek Capital ManagementStrategic

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 20, 2026

    Monthly visitors increased 49% MoM.

  • Mar 23, 2026

    Annual cloud spend exceeds $1,000,000.

Improbable Filings

SEC and related filings with document metadata.

Data table
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
Employee Range371
Year Founded2012
Last FundingOct 3, 2022

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