RecCreator lets people create their own content in Rec Room.
RecCreator lets people create their own content in Rec Room.
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Rec Room social gaming platform raises $145M at $3.5B valuation

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

Social gaming platform Rec Room has raised $145 million at a $3.5 billion valuation.

The funding round comes just nine months after the company raised $100 million at a $1.25 billion valuation, and it’s another sign of the prospects for user-generated content and the game investment boom.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.