Ready Player Me, a New York-based provider of a cross-game avatar platform, raised $56M in Series B funding.
The round was led by Andreessen Horowitz (a16z), with participation from David Baszuck, Justin Kan, Sebastian Knutsson, Riccardo Zacconi, Endeavor, Hartbeat Ventures, D’Amelio family, Punk6529, Snowfro, Collab Currency, Plural, Konvoy Ventures, and Robin Chan.
The company intends to use the funds to continue scaling the avatar system to make it more flexible for developers, create new tools to help developers monetize with avatar assets, and build tools for individual creators to take part of the cross-game avatar marketplace.
Led by CEO Timmu Tõke, Ready Player Me provides developers with an avatar system which allows them to focus on creating worlds and experiences. The platform also provides distribution through its network, and opens new revenue opportunities through interoperable avatar asset sales and a cross-game economy.
More than 3,000 apps across both Web2 and Web3 already integrate Ready Player Me, including VRChat, Spatial, Somnium Space, RTFKT and many more. The company also already works with individual creators and fashion brands such as Adidas, New Balance, Dior, Pull&Bear, and Warner Brothers (Dune movie outfits) to enable cross-game avatar assets across the metaverse.
FinSMEs
23/08/2022