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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 10%

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

B2B2C

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

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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.

  • Jul 28, 2026

    Grew 131% QoQ, from 157 to 363 employees.

  • Jun 20, 2026

    Monthly visitors increased 49% MoM.

Improbable Filings

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Improbable filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Improbable a public or private company?

Improbable is a private company.

What is the current stock price of Improbable?

Improbable is a private company with no public stock price. No recent secondary market data is available.

How much is Improbable worth (valuation)?

Improbable's valuation is estimated at $3.4B based on funding round data.

Can I buy Improbable stock?

Improbable shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Improbable's last funding round?

Improbable's most recent funding round was VC Round on October 3, 2022.

Who are the main investors in Improbable?

Key investors in Improbable include Andreessen Horowitz, SoftBank Investment Advisers, SoftBank Group, MultiversX, NetEase.

Will Improbable IPO soon?

No public IPO plans have been announced for Improbable.

How can I track Improbable secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Improbable's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersLondon
Employee Range79
Year Founded2012
Last FundingOct 3, 2022

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