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Rec Room

Rec Room is a social platform for building and playing user-created games, available on devices from mobile phones to VR.

$1.76

Secondary Market Price

Updated: 
Dec 2025
Current Preferred Price
Date:
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Prospect Projected Preferred
Current FMV
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Prospect Projected FMV
Company Valuation
Updated: 
Dec 2025
Industry
Seattle, WA
Headquarters
2016
Year Founded
100+
Employee Count
$1.76

Secondary Market Price

Updated: 
Dec 2025
Current Preferred Price
Date:
Sign in to view
Prospect Projected Preferred
Current FMV
Date:
Sign in to view
Prospect Projected FMV
Company Valuation
Updated: 
Dec 2025
Industry
Seattle, WA
Headquarters
2016
Year Founded
100+
Employee Count

How Rec Room Measures Up

To help you manage your Rec Room equity, Prospect has run the company through our machine learning model.

Prospect Rating

Exit Risk

Funding Stage

Series D

$1.76
Est val
--
Dec 23, 2025

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Prospect Projected Future Rec Room Prices

Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Rec Room's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.

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Company Description

Rec Room Inc. is a software development company that operates a cross-platform social application where users can build and play games together. The platform, which runs on devices ranging from mobile phones to VR headsets, allows users to interact, chat, and explore millions of player-created rooms. Founded in April 2016 by Nick Fajt, Cameron Brown, Dan Kroymann, and John Bevis, the company was originally named Against Gravity. The founders started the company based on a shared interest in virtual reality, augmented reality, and social multiplayer experiences.

Looking forward, the company is focused on supporting the platform's continued development. Recent announcements include the launch of Maker AI, an experimental tool that helps users create game content through text commands. The company also joined the Tech Coalition, an organization of technology companies committed to combating online child sexual exploitation and abuse. In August 2025, Rec Room laid off roughly half of its team, stating it was a financial decision to ensure the company could continue to support and build the platform to its full potential.

Rec Room Notable Investors

  • Sequoia Capital
  • Index Ventures
  • Coatue Management
  • Madrona Venture Group
  • Maveron
  • Acequia Capital
  • First Round Capital
  • Vulcan Capital
  • Anorak Ventures
  • Betaworks
  • The Venture Reality Fund
  • Charles Fitzgerald
  • Anarghya Vardhana
  • Greg Castle

Rec Room Founders

  • Co-Founder, CEO Nick Fajt
  • Co-Founder, Studio Director John Bevis
  • Co-Founder, CCO Cameron Brown
  • Co-Founder, CPO Dan Kroymann
  • Co-Founder, CTO O. Bilal Orhan
  • Co-Founder, Design Director Josh Wehrly

Peer Group Comparison

Vs Peer Group of >$4B Startups

Frequently Asked Questions

Is Anduril worth joining?

Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.

Is Rec Room worth joining?

Deciding whether to join Rec Room depends on your personal career goals and how you view the company's future prospects. If you receive an equity offer, tools like Prospect can help you model its potential future value to inform your decision.

What should I do with my Rec Room stock?

Your strategy for your Rec Room stock should align with your personal financial goals, risk tolerance, and tax situation. Platforms built for startup employees can help you create a customized plan for your equity, including tax-optimized strategies for exercising options or selling shares.

Can you sell Rec Room stock?

Selling stock in a private company like Rec Room is often possible through company-organized tender offers or on secondary markets, though restrictions may apply. Equity management platforms can provide access to secondary market prices and offer tools to help you decide how much to sell in a tax-optimal way.

How can I find the value of my Rec Room stock?

Since Rec Room is a private company, its stock value isn't publicly listed, but it can be estimated using its latest 409A valuation or prices from secondary markets. You can also use platforms with predictive models that project your equity's future value based on proprietary data.

What is Rec Room's equity worth?

The total value of Rec Room's equity is based on the valuation set during its most recent funding round. To understand what your specific shares are worth, you can use equity management tools to forecast their potential value and model different financial scenarios.

What is Rec Room's stock ticker symbol?

As a private company, Rec Room does not have a stock ticker symbol because it is not traded on a public stock exchange. A ticker symbol will only be assigned if and when the company completes an Initial Public Offering (IPO).

Can I buy or sell Rec Room stock?

Selling shares in a private company like Rec Room is sometimes possible during specific events like tender offers, while buying is typically restricted to accredited investors. If you are an employee or shareholder, platforms like Prospect provide tools to help you navigate selling opportunities and optimize your tax strategy.

What is the criteria to buy or invest in Rec Room stock?

Investing in a private company like Rec Room is typically limited to accredited investors during specific funding rounds or via secondary markets, and is not open to the general public. Equity management platforms are generally designed to help existing shareholders manage their holdings, rather than to provide criteria for new investments.

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