# Ready Player Me

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ready-player-me

- Industry: Software
- Headquarters: Tallinn, Estonia
- Website: www.wolf3d.io
- Total disclosed funding: $70M
- Latest round: Series B (Aug 23, 2022)
- Investors on record: 19

## About

Founded in 2014 and based in Tallinn, Estonia, Ready Player Me, Inc. specializes in avatar creation solutions for game developers, facilitating seamless avatar integration across multiple gaming environments.Ready Player Me, Inc. provides a platform for developers to create customizable avatars for various games. The company has not undergone significant business pivots, and there are no mentions of subsidiaries or parent companies. The firm was founded in Tallinn, Estonia, in 2014, and has completed 9 deals to date. The latest funding round was a Series B in which they raised USD 56.00 mn, led by Andreessen Horowitz. Other investors included Collab+Currency Management, Endeavor Catalyst, Hartbeat Ventures, Konvoy Ventures, NordicNinja VC, Plural Ventures, Punk6529, and Snowfro. This funding brings their total amount raised to USD 56.00 mn.Ready Player Me specializes in providing an integrated avatar creation platform designed for game developers, enabling the implementation of cross-game avatars in a streamlined manner. The company's flagship offerings include the PlayerZero SDK and the Avatar Creator SDK, which facilitate the integration of customizable avatars into games across platforms such as Unity, Unreal Engine, mobile devices, and web browsers. These products address avatar portability and cosmetic monetization challenges within gaming environments, allowing players to import paid cosmetic items into their games. Their target clientele comprises game developers and studios globally, particularly in markets like North America, Europe, and Asia.Ready Player Me generated revenue primarily through partnerships with game developers who utilize its PlayerZero SDK and Avatar Creator SDK. Revenue is derived from transactions where developers retain a percentage of sales from in-game purchases, while a portion is channeled to Ready Player Me for the use of its infrastructure and services. This typically involves subscription agreements or revenue-sharing models, based on player activity or cosmetic sales facilitated by Ready Player Me’s platform. For the most recent fiscal year in 2023, the company reported a revenue of USD 527,045.10 and an EBITDA of USD -5,287,458.30.Ready Player Me plans to leverage its recent funding from the Series B round to expand its product offerings and market reach. This includes the development of new features for their SDKs, enhancing user experience, and potentially launching new tools aimed at improving avatar customization. The company is also targeting expansion into additional regions, focusing on emerging gaming markets in Asia and Europe by the end of 2024. The funding will support these initiatives, ensuring the company can continue to innovate and meet the evolving demands of game developers.

## Funding rounds

- Series B, Aug 23, 2022, $56M — Andreessen Horowitz, Endeavor Catalyst, NordicNinja VC, Konvoy Ventures, Hartbeat Ventures, Collab+Currency Management, Plural Ventures, Punk6529, Snowfro
- Series A, Dec 28, 2021, $13M — Samsung NEXT Ventures, Tiny Super Computer Investment Company, Trind Ventures, NordicNinja VC, Konvoy Ventures, Kamerra, Skaala
- Seed, Jul 1, 2020, $1.5M — Spring Capital, Koha Capital, Trind Ventures, .Contriber Ventures, Presto Ventures
- Seed, date not disclosed — 6529 Capital

## Investors

- 6529 Capital (https://capitalatlas.ai/funds/6529-capital) — Seed
- Spring Capital — Seed
- Koha Capital — Seed
- Trind Ventures (https://capitalatlas.ai/funds/trind-ventures) — Seed, Series A
- .Contriber Ventures — Seed
- Presto Ventures (https://capitalatlas.ai/funds/presto-ventures) — Seed
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series A
- Tiny Super Computer Investment Company (https://capitalatlas.ai/funds/tiny-super-computer-investment-company) — Series A
- NordicNinja VC (https://capitalatlas.ai/funds/nordicninja-vc) — Series A, Series B
- Konvoy Ventures (https://capitalatlas.ai/funds/konvoy-ventures) — Series A, Series B
- Kamerra (https://capitalatlas.ai/funds/kamerra) — Series A
- Skaala (https://capitalatlas.ai/funds/skaala) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series B
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series B
- Hartbeat Ventures (https://capitalatlas.ai/funds/hartbeat-ventures) — Series B
- Collab+Currency Management (https://capitalatlas.ai/funds/collab-currency-management) — Series B
- Plural Ventures (https://capitalatlas.ai/funds/plural-ventures) — Series B
- Punk6529 — Series B
- Snowfro — Series B