Roblox Raises $520 million Series H
Roblox raised $520M in Series H financing led by Altos Ventures, with participation from Altos Ventures, Andreessen Horowitz. User-generated gaming metaverse platform. The new capital is framed around Scale platform economy and expand to older audiences.
What it does
User-generated gaming metaverse platform. The business sits in Consumer & Marketplaces, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.
Traction
37M+ daily active users; developers earned $328M in 2020. Management framed the new capital around Scale platform economy and expand to older audiences.
Trend impact
User-generated gaming platform becoming a social metaverse. The capital raise matters because it gives the company more room to compete for customers, talent, and mindshare while incumbents and adjacent startups respond with clearer product depth or distribution.
Funding history
- January 1, 2021 · Series H · $520 million · Altos Ventures
Products & services
- Consumer & Marketplaces workflow monitoring tied to the funding announcement
- Customer-facing product described on the company website
- Operational tooling for consumer & marketplaces teams
- Data capture and reporting across core business processes
- Team expansion support funded by the latest round