VRChat Closes $80M Series D Funding

VRChat, a San Francisco, CA-based social virtual reality (VR) platform, raised $80m in Series D funding.

The round was led by Anthos Capital, with participation from Makers Fund, GFR Fund and others.

Led by Graham Gaylor, CEO, VRChat is a social VR platform that allows users to create, publish, and explore virtual worlds with other users around the globe. The platform allows users to personalize their own VR experiences, including custom avatars, worlds, games, hangouts, events, and more. VRChat – available on Steam, Oculus Rift, Oculus Quest, and VIVEPORT, with additional platforms on the way – has millions of users, hundreds of thousands of worlds and over ten million unique avatars.

The company intends to use the funds to expedite development of a creator economy where members can earn, an enhanced social discovery system for meaningful experiences, and expansion to more platforms.