# VRChat funding: rounds and investors

> VRChat has raised $81M across 2 rounds since 2016. Investors include GFR Fund, Makers Fund and Rothenberg Ventures. Every round with its source.

Source: https://millionrounds.com/company/vrchat (Millionrounds; every figure on the page links to its filing or article)

United States · [Series D startup](https://millionrounds.com/companies)

# Who invested in *VRChat*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Social Media VR & AR

Funding summary Updated 26 Oct 2026

**$81M** raised across 2 rounds since 2016, from 2 sources

**$1.2M** Seed **$80M** Series D

- **Latest round:** Series D, $80M Jun 2021
- **Step-up i:** 66.7×
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2017 2018 2019 2020 2021

**$1.2M** Seed

**$80M** Series D

- **First round:** Seed, $1.2M
- **Biggest round:** $80M
- **Between rounds:** 4.7 years

## The rounds

- **Jun 2021** Series D **$80M** *1 new* *1 returning* [Makers Fund](https://millionrounds.com/fund/makers-fund) [GFR Fund](https://millionrounds.com/fund/gfr-fund) Source recorded SEC filing: $80M sold, first sale Jun 2021
- **Oct 2016** Seed **$1.2M** *3 new* [Rothenberg Ventures](https://millionrounds.com/fund/rothenberg-ventures) [GFR Fund](https://millionrounds.com/fund/gfr-fund) [HTC](https://millionrounds.com/fund/htc) Reported by FinSMEs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2016 **Series D** 2021 [GFR Fund](https://millionrounds.com/fund/gfr-fund) [Makers Fund](https://millionrounds.com/fund/makers-fund) [Rothenberg Ventures](https://millionrounds.com/fund/rothenberg-ventures) [HTC](https://millionrounds.com/fund/htc)

## Everyone who backed them

[GFR Fund](https://millionrounds.com/fund/gfr-fund) VC firm **2** rounds

[Makers Fund](https://millionrounds.com/fund/makers-fund) VC firm **1** round

[Rothenberg Ventures](https://millionrounds.com/fund/rothenberg-ventures) VC firm **1** round

[HTC](https://millionrounds.com/fund/htc) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=vrchat).

## Quick answers about VRChat

### Who invested in VRChat?

VRChat's investors include GFR Fund, Makers Fund, Rothenberg Ventures and HTC.

### How much has VRChat raised?

VRChat has raised $81M across 2 rounds since 2016.

### When did VRChat last raise?

VRChat's most recent round was a Series D of $80M in Jun 2021.

### What was VRChat's biggest round?

Its most recent round, $80M in Jun 2021, is also its largest on record.

### Who backed VRChat first?

VRChat's first round on record, in Oct 2016, was backed by Rothenberg Ventures, GFR Fund and HTC.

### What stage is VRChat at?

VRChat's latest named round is a Series D, in Jun 2021.

### Where is VRChat based?

VRChat is based in the United States.

## Companies like VRChat

In the same sector, and raised in the last eighteen months.

[**Gardens Interactive** $35M · Oct 2026](https://millionrounds.com/company/gardens-interactive)[**Siena AI** $23M · Oct 2026](https://millionrounds.com/company/siena-ai)[**Clockout** $5.5M · Oct 2026](https://millionrounds.com/company/clockout)[**XRHealth** $23M · Sept 2026](https://millionrounds.com/company/xrhealth)[**Provision Surgical** $250K · Sept 2026](https://millionrounds.com/company/provision-surgical)[**Virtualitics** $36M · Sept 2026](https://millionrounds.com/company/virtualitics)

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