VRChat

User-driven social platform for VR experiences

San Francisco, California, United States

About VRChat

VRChat provides a platform for users to create, share, and engage in virtual reality environments. Users can access the platform without needing a VR headset, making it more accessible to a broader audience. The platform emphasizes user-generated content, allowing individuals to design their own VR worlds and avatars using a Unity SDK. This encourages community involvement and ongoing interaction. Key features include full-body avatars with lip sync and eye tracking, 3-D spatialized audio, and various games and activities that enhance the immersive experience. VRChat operates on a freemium model, offering basic access for free while charging for premium features like exclusive worlds and priority server access. The goal of VRChat is to foster a vibrant community where users can explore and connect in a dynamic virtual space.

San Francisco, CaliforniaHeadquarters
2014Year Founded
$92.6MTotal Funding
SERIES_DCompany Stage
VR & AR, Entertainment, GamingIndustries
51-200Employees

Benefits

Remote Work Options
Health Insurance
401(k) Retirement Plan
401(k) Company Match
Stock Options
Paid Vacation
Unlimited Paid Time Off
Parental Leave

Risks

Increased competition from platforms like Meta's Horizon Worlds.
Concerns over user privacy and data security in user-generated content.
Challenges in moderating user-generated content to prevent harmful behavior.

Differentiation

VRChat allows user-generated VR content without requiring a VR headset.
The platform offers full-body avatars with lip sync and eye tracking features.
VRChat uses a freemium model, offering premium features for monetization.

Upsides

Increased interest in virtual events boosts VRChat's event hosting capabilities.
Advancements in VR hardware make VRChat more accessible to a wider audience.
The trend towards community-driven content aligns with VRChat's business model.

Funding

Total raised$92.60 M
Latest valuation$400.00 M
StageSERIES_D