🏆 Deal of the Week · CW 52/2021
Ready Player Me raised USD 13 million in a Series A round; the post-money valuation was not disclosed. The round was announced in December 2021. Investors Taavet+Sten, Konvoy Ventures, NordicNinja, and angel investor Tom Preston-Werner collectively backed the raise.
Ready Player Me — key deal facts
| Company | Ready Player Me |
| Founded | 2020 |
| Headquarters | Tallinn, Estonia |
| Amount raised | USD 13 M |
| Valuation | Valuation Remains Undisclosed |
| Round | Series A |
| Investors | Taavet+Sten (https://taavetsten.com/) Konvoy Ventures (https://www.konvoy.vc/) NordicNinja (https://nordicninja.vc/) and Tom Preston-Werner |
| Sectors | Gaming |
Who invested in Ready Player Me?
The round brought together Taavet+Sten, the investment vehicle of TransferWise co-founder Taavet Hinrikus and Teleport CEO Sten Tamkivi, alongside gaming-focused VC Konvoy Ventures, Nordic-Japanese fund NordicNinja, and GitHub co-founder Tom Preston-Werner. The combination of a fintech-origin Baltic fund, a specialist gaming VC, a cross-border tech fund, and a prominent developer-ecosystem angel reflects the platform's dual positioning at the intersection of gaming infrastructure and the broader developer tools market. No single lead investor was publicly named.
What does Ready Player Me do?
Ready Player Me is a cross-app avatar platform that enables developers to integrate customizable 3D avatars into games and applications through an open SDK supporting Unity, Unreal Engine, Web, and React environments. Its core products include the Avatar Creator 2.0, which provides an embeddable creation flow for end users, and a brand marketplace through which companies can sell avatar skins and wearables to players. The company was founded in 2017 by Timmu Tõke (CEO), Rainer Selvet, Haver Järveoja, and Kaspar Tiri, and is headquartered in Tallinn, Estonia.
Ready Player Me valuation & multiples
No multiples analysis is available for this transaction, as the post-money valuation was not disclosed at the time of the raise. Once comparable valuation data becomes available, EV/Sales and EV/EBITDA benchmarks for gaming infrastructure and avatar-platform businesses can be assessed against sector peers. For current gaming sector trading multiples, see the Venionaire DealMatrix gaming multiples pages.
Explore the benchmarks: Series A Gaming.
Frequently asked questions
How much did Ready Player Me raise in its Series A?
Ready Player Me raised USD 13 million in its Series A round, announced in December 2021.
What is Ready Player Me's valuation?
Ready Player Me's valuation was not disclosed as part of this funding announcement.
Who invested in Ready Player Me?
The Series A investors were Taavet+Sten, Konvoy Ventures, NordicNinja, and angel investor Tom Preston-Werner.
When was Ready Player Me founded and where is it based?
Ready Player Me was founded in 2017 and is headquartered in Tallinn, Estonia.
Source: original announcement — read the full report.