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Roblox now valued at $4bn

Date Type Companies involved Size
February 27th, 2020 investment ROBLOX Not disclosed
Roblox now valued at $4bn

Games platform Roblox is now worth a whopping $4bn.

That follows a Series G funding round led by venture capitalist firm Andreessen Horowitz, which put $150m behind the company. There's another $350m in common and preferred shares up for grabs, too.

The company now reportedly boasts 115m monthly active users – up 25m since April 2019 – with users playing over 1.5bn hours of games each month, an increase on the one billion figure the firm gave this time last year. That means that each user is spending around 13 hours on Roblox each and every month.

Roblox's last round of funding – also for $150m – valued the firm at $2.5bn in September 2018. 

“We’ve stayed true to our vision of creating a safe and civil place where people come together to create, learn, and have fun, and it’s amazing to see what we’ve built together with our global creator community,” Roblox CEO and co-founder David Baszucki, said.

“Looking ahead, we’re doubling down on our commitment to building the most advanced tools and technology to take our creators and players into the metaverse of the future.”

David George, general partner at Andreessen Horowitz added: “We are big believers in Roblox’s long-term vision, and are confident in backing the team as they enter this next inflection point. Roblox is one of those rare platform companies with massive traction and an organic, high-growth business model that will advance the company, and push the industry forward for many years to come.”


Editor - PC Games Insider

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he was hired to launch PCGamesInsider.biz for Steel Media before departing the firm in October 2019.

He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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