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
MD-grade thesis held: available source material is not specific enough to support a non-generic investor-economist read without overclaiming.
Funding history
- Recent · 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