The multiplayer VR gaming industry focuses on creating immersive experiences that connect players in shared virtual environments. Companies range from large corporations to agile startups, offering innovative gaming solutions that blend technology with social interaction. This sector is rapidly evolving, driven by advancements in VR hardware and greater accessibility through mobile devices. As gaming audiences grow worldwide, these companies are exploring expansions into new markets and applications, including education and training. Recent trends indicate increasing investment in community-driven platforms and cross-platform play, fostering user engagement and collaborative gameplay.

The following list highlights 27 notable multiplayer VR gaming companies, which vary in size, ranging from small teams to larger organizations. Many are headquartered in the United States, particularly in tech hubs like California and Washington, while others are based in Europe and Asia. Founded mostly between 2006 and 2021, these companies specialize in areas like social gaming, interactive experiences, and VR technology products. Each has made its mark through innovative titles and unique approaches to audience engagement.

Continue reading to learn more about the top multiplayer VR gaming companies.

Top 27 Multiplayer VR Gaming Companies

1. Oculus VR

• Website: oculus.com
• Ownership type: Corporate
• Headquarters: Menlo Park, California, United States (USA)
• Employee distribution: United States (USA) 72%, China 19%, Switzerland 4%, Other 4%
• Latest funding: Crowdfunding, $2.4M, August 2019
• Founded year: 2012
• Headcount: 501-1000
• LinkedIn: oculus-vr

Oculus VR, founded in 2012 and based in Menlo Park, California, operates under Meta Platforms. The company specializes in virtual reality (VR) and augmented reality (AR) technologies, offering a range of VR headsets and platforms aimed at both consumers and businesses. Oculus VR is known for its innovative hardware, such as the Oculus Quest and Rift series, which provide immersive gaming experiences. The company also focuses on software solutions that enhance social interaction in virtual spaces, exemplified by platforms like Meta Horizon Worlds. Oculus VR has received funding, with the last reported amount being approximately $2.4 million in 2019 through crowdfunding. This funding supports their ongoing development of VR technologies and applications, particularly in the gaming sector.

2. VRChat Inc.

• Website: vrchat.com
• Ownership type: Private
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: United States (USA) 76%, Netherlands 6%, Argentina 6%, Other 12%
• Founded year: 2014
• Headcount: 51-200
• LinkedIn: vrchat-llc

VRChat Inc., founded in 2014 and based in San Francisco, California, operates a social gaming platform that allows users to create, share, and explore virtual worlds. The company has a workforce of approximately 153 employees and is privately owned. VRChat provides tools for content creation, enabling users to customize avatars and engage in social interactions. The platform is notable for its community-driven events and a vast array of user-generated content, with over 25,000 worlds available for exploration. Users can access VRChat on various devices, including VR headsets and desktop computers, which broadens its appeal. The company has not reported any funding, indicating a self-sustaining model or reliance on revenue generated from its user base. VRChat's commitment to fostering a creative community and its innovative approach to social gaming make it a significant player in the VR gaming industry.

3. BigBox VR

• Website: bigboxvr.com
• Ownership type: Corporate
• Headquarters: Seattle, Washington, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: June 2021
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: bigbox-vr

BigBox VR, based in Seattle, Washington, is a video game developer that focuses on creating immersive virtual reality multiplayer experiences. Founded in 2016 by a team of industry veterans with backgrounds at major companies like Valve, Disney, Sony, and Microsoft, BigBox VR aims to innovate within the VR gaming sector. Their flagship product, POPULATION: ONE, is a battle royale game that allows players to climb, fly, and build in a fully interactive environment, emphasizing social connections and competitive gameplay. The company has positioned itself as a key player in the VR gaming market, actively engaging with its community and continuously enhancing its offerings. BigBox VR's commitment to multiplayer experiences and its ongoing development efforts make it a notable entity in the VR gaming industry.

4. Resolution Games

• Website: resolutiongames.com
• Ownership type: Venture Capital
• Headquarters: Stockholm, Stockholm, Sweden
• Employee distribution: Sweden 97%, United States (USA) 3%
• Latest funding: Series C, $25.0M, July 2021
• Founded year: 2015
• Headcount: 51-200
• LinkedIn: resolution-games

Resolution Games, founded in 2015 and based in Stockholm, Sweden, is a gaming company that specializes in virtual reality (VR), augmented reality (AR), and mixed reality (MR) games. The company has carved out a niche in the gaming industry by focusing on creating engaging and interactive experiences that connect players socially and physically. Their portfolio includes popular titles like 'Demeo', which has received accolades for its cooperative gameplay, and 'Acron: Attack of the Squirrels!', which allows for cross-platform play between VR and mobile users. Resolution Games has also secured significant funding, with a Series C round raising $25 million in July 2021, indicating strong investor confidence in their growth potential. The company continues to innovate, with upcoming projects that promise to push the boundaries of multiplayer gaming.

5. nDreams

• Website: ndreams.com
• Ownership type: Corporate
• Headquarters: Farnborough, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 99%, Other 1%
• Latest funding: $110.0M, November 2023
• Founded year: 2006
• Headcount: 201-500
• LinkedIn: ndreams

nDreams is a video game developer and publisher based in Farnborough, England, specializing in virtual reality gaming. Founded in 2006, the company has carved out a niche in creating immersive VR experiences that prioritize innovative gameplay and high-quality content. With a workforce of around 202 employees, nDreams has developed a range of popular titles, including 'Synapse', 'Fracked', and 'Ghostbusters: Rise of the Ghost Lord'. The company operates multiple studios, such as Orbital and Nearlight, which focus on social VR gaming and next-gen VR experiences. Recently, nDreams secured $110 million in funding, underscoring its active role in the gaming industry and its commitment to expanding its portfolio. The company is recognized for its expertise in VR, having been among the first to develop for platforms like Oculus Rift and PlayStation VR, and continues to push the boundaries of what is possible in virtual reality gaming.

6. Sanzaru

• Website: sanzaru.com
• Ownership type: Corporate
• Headquarters: Foster City, California, United States (USA)
• Employee distribution: United States (USA) 92%, Canada 6%, Georgia 2%
• Latest funding: February 2020
• Founded year: 2007
• Headcount: 51-200
• LinkedIn: sanzaru-games

Sanzaru Games, founded in 2006 and based in Foster City, California, is a video game developer known for crafting visually impressive and engaging games across various platforms, including virtual reality. The company has developed several acclaimed titles, particularly in the VR space, such as 'Asgard's Wrath' and 'Marvel Powers United VR'. These games are designed to provide players with immersive experiences, often incorporating multiplayer elements that encourage cooperative play. Sanzaru has released over 16 titles and continues to innovate within the gaming industry, focusing on high-quality content and advanced technology. Their latest project, 'Asgard's Wrath 2', is set to launch in December 2023, further solidifying their commitment to the VR gaming market.

7. Vertigo Games

• Website: vertigo-games.com
• Ownership type: Corporate
• Headquarters: Rotterdam, South Holland, Netherlands
• Employee distribution: Netherlands 99%
• Latest funding: $59.0M, September 2020
• Founded year: 2008
• Headcount: 51-200
• LinkedIn: vertigo-games-bv

Vertigo Games, founded in 2008 and based in Rotterdam, Netherlands, is a video game developer and publisher that specializes in virtual reality (VR) gaming. The company has a workforce of approximately 134 employees and operates with a focus on creating immersive gaming experiences. Vertigo Games has developed a range of VR titles, including 'Arizona Sunshine' and 'After the Fall', which are known for their engaging multiplayer components. They also cater to the location-based entertainment market, providing VR games for arcades and family entertainment centers. This dual approach allows them to reach a broader audience, from home gamers to those seeking shared experiences in VR arcades. Vertigo Games is part of the PLAION Group and has received significant funding, indicating a strong backing for their ongoing projects and future developments.

8. Survios

• Website: survios.com
• Ownership type: Venture Capital
• Headquarters: Marina Del Rey, California, United States (USA)
• Employee distribution: United States (USA) 98%, Pakistan 2%
• Latest funding: January 2021
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: survios

Survios is a virtual reality game studio based in Marina Del Rey, California, founded in 2013. The company specializes in crafting immersive gaming experiences, developing both original titles and adaptations of popular franchises. Survios has made a name for itself with games like 'Raw Data,' 'Creed: Rise to Glory,' and 'The Walking Dead: Onslaught,' which have garnered critical acclaim and a dedicated player base. The studio has also ventured into cross-reality gaming, expanding its reach beyond traditional VR. With a team of passionate developers and a commitment to innovation, Survios continues to push the boundaries of what is possible in virtual reality gaming.

9. Sandbox VR

• Website: sandboxvr.com
• Ownership type: Venture Capital
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: United States (USA) 63%, Hong Kong S.A.R 13%, Canada 10%, Other 14%
• Latest funding: Series B, $37.0M, November 2021
• Founded year: 2016
• Headcount: 501-1000
• LinkedIn: sandboxvr

Sandbox VR is an entertainment company based in San Francisco, California, that specializes in immersive virtual reality experiences. Founded in 2016, the company has developed a range of interactive adventures that allow consumers to engage in thrilling scenarios with friends and family. Sandbox VR operates various locations worldwide, providing unique entertainment options that leverage cutting-edge VR technology. The company has attracted significant investment, with a reported $37 million in Series B funding as of November 2021. This financial backing underscores its potential for growth and innovation in the VR gaming space. Sandbox VR's experiences are designed to be social, encouraging group participation and interaction, which is a key aspect of its appeal in the multiplayer gaming market.

10. Virtuix

• Website: virtuix.com
• Ownership type: Venture Capital
• Headquarters: Austin, Texas, United States (USA)
• Employee distribution: United States (USA) 89%, China 6%, United Kingdom (UK) 6%
• Latest funding: $500,000, October 2024
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: virtuix

Virtuix, founded in 2013 and based in Austin, Texas, is a company dedicated to advancing the virtual reality gaming experience. They offer innovative products like the Omni One, a full-body VR gaming system that allows users to walk, run, and jump in a 360-degree environment. Their Omni Arena product caters to competitive gaming, enabling players to engage in multiplayer contests with cash prizes. Virtuix targets both consumers looking for immersive gaming experiences and businesses seeking to enhance their entertainment offerings. The company has recently secured funding, reflecting continued investor confidence in their technology and market potential. With a focus on active gaming and community engagement, Virtuix is positioned to make a significant impact in the VR gaming industry.

11. Rec Room

• Website: recroom.com
• Ownership type: Venture Capital
• Headquarters: Seattle, Washington, United States (USA)
• Employee distribution: United States (USA) 98%, Other 2%
• Latest funding: Series E-K, $145.0M, December 2021
• Founded year: 2016
• Headcount: 201-500
• LinkedIn: against-gravity-corp.

Rec Room is a gaming platform based in Seattle, Washington, that was founded in 2016. It allows users to create and play games in a virtual environment, promoting social interaction and creativity. The platform is accessible on multiple devices, including Android, iOS, PC, consoles, and VR headsets, which enhances its appeal to a broad audience. Rec Room encourages users to build their own games and experiences using tools like the Maker Pen, fostering a vibrant community of creators. The company has raised $145 million in funding as of December 2021, reflecting strong investor interest in its innovative approach to multiplayer gaming. Rec Room positions itself as a social app that combines gaming with community engagement, making it a relevant player in the multiplayer VR gaming sector.

12. Cortopia Studios

• Website: cortopia.com
• Ownership type: Private
• Headquarters: Stockholm, Stockholm, Sweden
• Employee distribution: Sweden 100%
• Latest funding: $2.5M, December 2017
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: cortopia

Cortopia Studios, founded in 2016 and based in Stockholm, Sweden, is a video game developer that specializes in creating immersive virtual reality experiences. The company has gained recognition for its innovative titles, including 'Wands', 'Wands Alliances', and 'Down the Rabbit Hole'. These games not only showcase engaging narratives but also emphasize multiplayer interactions, catering to both gamers and VR enthusiasts. Cortopia has successfully raised funding, with a notable amount of approximately $2.5 million in 2017, which has likely supported their development efforts. As a part of Beyond Frames Entertainment, Cortopia continues to push the boundaries of VR gaming, with new projects on the horizon, such as the anticipated 'Escaping Wonderland' set for release in 2024.

13. Realcast

• Website: realcast.io
• Ownership type: Venture Capital
• Headquarters: Paris, Île-De-France, France
• Employee distribution: France 100%
• Latest funding: Pre-seed, $1.5M, September 2022
• Founded year: 2017
• Headcount: 11-50
• LinkedIn: realcast

Realcast is a Paris-based gaming studio founded in 2017, dedicated to creating immersive extended reality experiences. With a team of 11-50 employees, the company has made a mark in the gaming industry by developing innovative VR video games and mixed-reality experiences. Their notable titles include 'Just Hoops', a multiplayer basketball game that allows players to engage in competitive gameplay, and 'Hide The Corpse', a quirky VR challenge that emphasizes puzzle-solving and humor. Realcast has received $1.5 million in pre-seed funding as of September 2022, indicating investor confidence in their vision and potential. The studio's commitment to community interaction and engaging gameplay positions them as a relevant player in the multiplayer VR gaming sector.

14. Fibrum

• Website: fibrum.com
• Ownership type: Private
• Headquarters: Moscow, Moscow, Russia
• Employee distribution: Russia 58%, Mexico 21%, Azerbaijan 21%
• Latest funding: $1.0M, September 2018
• Founded year: 2014
• Headcount: 11-50
• LinkedIn: fibrum

Fibrum is a private VR game developer based in Moscow, Russia, founded in 2014. The company specializes in creating and publishing virtual reality games and applications, with a strong emphasis on innovative gameplay and immersive entertainment. Fibrum has a portfolio that includes various VR experiences aimed at consumers, and they have successfully self-published their products across major gaming platforms such as Steam, Meta Quest, PlayStation VR, and VIVEPORT. With a team of 24 employees, Fibrum has garnered recognition for their games, which have collectively achieved over 20 million organic views on platforms like YouTube. Their notable projects include Bullet Roulette, a multiplayer game that has attracted a significant community, and Dance Loop, a rhythm-based VR game. Fibrum has also ventured into specialized applications, such as Vriends, which is designed to assist teenagers with autism spectrum disorders. In 2018, the company secured funding of $1 million, which underscores their ongoing relevance in the VR gaming industry.

15. Aexlab

• Website: aexlab.com
• Ownership type: Venture Capital
• Headquarters: Miami, Florida, United States (USA)
• Employee distribution: United States (USA) 94%, Sweden 6%
• Latest funding: Series A, $5.0M, February 2022
• Founded year: 2017
• Headcount: 11-50
• LinkedIn: aexlabinc

Aexlab is a virtual reality studio based in Miami, Florida, founded in 2017. The company specializes in crafting immersive gaming experiences, with its flagship product being VAIL VR, a multiplayer tactical shooter that emphasizes teamwork and strategic gameplay. Aexlab actively engages with its community, incorporating player feedback into the development process to enhance the gaming experience. The studio has also ventured into esports, hosting tournaments that attract competitive players and foster community interaction. In February 2022, Aexlab secured $5 million in Series A funding, which underscores its potential for growth and innovation in the VR gaming industry. The company aims to establish itself as a significant player in the VR gaming market by focusing on technological advancements and community-driven development.

16. XR Games

• Website: xrgames.io
• Ownership type: Venture Capital
• Headquarters: Leeds, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 100%
• Latest funding: Series A, $7.0M, July 2022
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: xrgames

XR Games is a video game developer based in Leeds, England, established in 2017. The company focuses on creating immersive virtual reality experiences, targeting gamers who seek engaging entertainment. They have developed notable titles such as 'HITMAN 3 VR: Reloaded' and 'Zombie Army VR', which emphasize multiplayer gameplay. XR Games collaborates with major studios and publishers, including Sony Pictures and IO Interactive, to bring popular franchises to life in VR. The company has received significant funding, with a Series A round totaling over 7 million dollars in July 2022, which supports their ongoing development efforts and expansion in the VR gaming sector. With a team of 51-200 employees, XR Games is committed to delivering high-quality gaming content and fostering a community around their games.

17. Myr

• Website: myr.gg
• Ownership type: Venture Capital
• Headquarters: San Mateo, California, United States (USA)
• Employee distribution: United States (USA) 55%, Pakistan 30%, Australia 15%
• Latest funding: Pre-seed, $500,000, February 2023
• Founded year: 2020
• Headcount: 1-10
• LinkedIn: myr1

Myr is a game studio based in San Mateo, California, that focuses on developing multiplayer virtual reality games. Founded in 2020, the company operates as a fully remote indie team, with employees distributed across the United States, Pakistan, and Australia. Myr aims to create fun and engaging gaming experiences, placing a strong emphasis on tactile physical interactions. The studio's founders have been involved in social VR since 2014, contributing to one of the most popular social VR applications. Myr actively engages in playtesting throughout its development process to ensure that their games are enjoyable and meet the expectations of players. In early 2023, Myr secured $500,000 in pre-seed funding, which will likely support their ongoing projects and growth in the competitive VR gaming market.

18. vTime

• Website: vtime.net
• Ownership type: Venture Capital
• Headquarters: Liverpool, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 100%
• Latest funding: Series A, $7.6M, April 2018
• Founded year: 2013
• Headcount: 11-50
• LinkedIn: vtime

vTime, founded in 2013 and based in Liverpool, UK, is a technology company that focuses on virtual and augmented reality solutions. The company has developed products such as vTime XR, a cross-reality social network that allows users to connect in immersive environments, and vTag, a 3D avatar messaging app. With over a million downloads and usage in more than 190 countries, vTime has established a significant presence in the social VR space. Recently, vTime has expanded its focus to gaming, launching vTime Games and collaborating with Team17 on projects like Border Bots VR. The company has received substantial funding, totaling £7.6 million in a Series A round in 2018, which supports its ongoing development and innovation in the gaming sector.

19. Htc Vive

• Website: vive.com
• Ownership type: Private
• Headquarters: Taiwan
• Employee distribution: Taiwan 56%, United States (USA) 25%, United Kingdom (UK) 5%, Other 14%
• Founded year: 2015
• Headcount: 501-1000
• LinkedIn: htcvive

HTC Vive, founded in 2015 and based in Taiwan, specializes in virtual reality (VR), augmented reality (AR), and mixed reality (MR) solutions. The company offers a range of VR headsets and accessories designed for both individual consumers and various industries, including gaming, healthcare, and education. HTC Vive is recognized for its commitment to creating immersive experiences that enhance gaming and training. Their product lineup includes the VIVE Focus series, VIVE XR Elite, and VIVE Pro series, which are tailored for high-performance VR experiences. Additionally, HTC Vive has developed VIVEPORT, a platform that provides access to a wide array of VR games and applications, further supporting multiplayer gaming experiences. The company operates globally, with a significant presence in the United States and the United Kingdom, and continues to innovate in the VR space.

20. Gamitronics

• Website: gamitronics.com
• Ownership type: Private
• Headquarters: Hyderabad, Sindh, Pakistan
• Employee distribution: India 100%
• Latest funding: $1.5M, March 2023
• Founded year: 2017
• Headcount: 501-1000
• LinkedIn: gamitronics

Gamitronics, founded in 2017 and based in Hyderabad, Sindh, Pakistan, is a private gaming and technology company focused on virtual reality experiences and interactive storytelling. The company has developed a range of products, including popular games such as PartyNite, Darts VR, Speedy Gun Savage, and Kung Fu Dhamaka. Gamitronics aims to create immersive environments that entertain and educate users, catering to both consumers and businesses. With a workforce of around 29 employees, the company has made significant strides in the gaming industry, including a notable presence in the Web 3.0 enabled Metaverse, which has attracted over 90 million attendees. Their recent funding of $1.5 million in March 2023 further underscores their active role in the gaming sector and their potential for future growth.

21. Thirdverse, Co., Ltd.

• Website: thirdverse.io
• Ownership type: Venture Capital
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: Japan 70%, United States (USA) 20%, Singapore 10%
• Latest funding: Series D, $3.3M, March 2024
• Founded year: 2016
• Headcount: 51-200
• LinkedIn: thirdverse

Thirdverse, Co., Ltd. is a VR game development company founded in 2016, headquartered in San Francisco, California, with a significant presence in Japan. The company specializes in creating immersive virtual reality gaming experiences, targeting both gamers and VR enthusiasts. Their portfolio includes titles like SOUL COVENANT, a narrative action JRPG, and X8, a multiplayer hero shooter, showcasing their focus on engaging multiplayer experiences. Thirdverse has been actively expanding its footprint in the gaming industry, recently securing over $11 million in funding to accelerate its VR gaming initiatives. With a team that is continually growing, they are on the lookout for talent to help realize their vision of creating a third space in the Metaverse.

22. Pimax

• Website: pimax.com
• Ownership type: Venture Capital
• Headquarters: Shanghai, Shanghai, China
• Employee distribution: China 85%, United States (USA) 12%, Germany 3%
• Latest funding: Series C, $13.6M, January 2025
• Founded year: 2015
• Headcount: 51-200
• LinkedIn: pimax

Pimax, founded in 2015 and based in Shanghai, China, is a technology company that specializes in virtual reality products. The company has carved out a niche in the VR market by offering high-end headsets and gaming consoles aimed at VR enthusiasts and gamers seeking immersive experiences. Pimax operates an online store where customers can purchase a range of products, including their latest offerings like the Pimax Crystal Light and the Pimax Portal handheld gaming console. The company has received significant funding, with a Series C round raising approximately $13.6 million in January 2025, indicating investor confidence in their growth potential. Pimax also engages with its community through various platforms, including a dedicated Discord channel and forums, which helps them stay connected with users and developers alike.

23. Another Axiom

• Website: anotheraxiom.com
• Ownership type: Private
• Headquarters: Glendale, Arizona, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2021
• Headcount: 11-50
• LinkedIn: another-axiom

Another Axiom is a private game development studio based in Glendale, Arizona, founded in 2021. The company specializes in virtual reality gaming, with a strong emphasis on creating immersive and engaging experiences. Their flagship product, GorillaTag VR, has become a popular title on the Meta Quest Store, attracting millions of players. The game encourages social interaction and imaginative play, allowing users to engage in various multiplayer modes. Another Axiom aims to craft plausible alternate realities that provide real and valuable experiences for players. The studio's philosophy centers on building a community around their games, making them a notable entity in the multiplayer VR gaming industry.

24. Spatial

• Website: spatial.io
• Ownership type: Venture Capital
• Headquarters: New York, New York, United States (USA)
• Employee distribution: United States (USA) 81%, India 6%, South Korea 6%, Other 6%
• Latest funding: Series B, $25.0M, December 2021
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: spatial-systems

Spatial is a technology company based in New York, founded in 2016. It operates a 3D gaming platform where creators can design and share immersive social experiences. The platform is tailored for game developers and brands, offering tools that enhance game creation and monetization. Spatial has attracted significant investment, securing $25 million in Series B funding in December 2021. This financial backing underscores their commitment to expanding their offerings and supporting a vibrant virtual economy. The company has a global workforce, with a majority of employees based in the United States, and it aims to make online interactions more engaging through its innovative platform. Spatial's focus on user-generated content and multiplayer experiences positions it as a relevant player in the gaming industry.

25. AltWorld

• Website: altworld.in
• Ownership type: Venture Capital
• Headquarters: Bengaluru, Karnataka, India
• Employee distribution: India 100%
• Latest funding: Pre-seed, March 2023
• Founded year: 2021
• Headcount: 11-50
• LinkedIn: altworld

AltWorld, founded in 2021 and based in Bengaluru, Karnataka, India, is a social metaverse platform that empowers users to create and share 3D experiences and games. The company targets individuals interested in gaming and digital content creation, providing tools that facilitate creativity and social interaction in immersive virtual environments. AltWorld emphasizes user-generated content, allowing users to design everything from virtual hangout spots to multiplayer games. The platform is designed to be accessible, featuring no-code, mobile-first creation tools that enable users to bring their ideas to life quickly. AltWorld is actively involved in the gaming industry by hosting contests and encouraging participation in its 3D Creator Program, which rewards users for their creative contributions. This initiative not only fosters a community of creators but also enhances the overall gaming experience on the platform.

26. ForeVR Games

• Website: forevrgames.com
• Ownership type: Venture Capital
• Headquarters: Los Angeles, California, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Series A, $10.0M, October 2022
• Founded year: 2020
• Headcount: 11-50
• LinkedIn: forevr-games

ForeVR Games, based in Los Angeles, California, is a game developer that specializes in creating virtual reality gaming experiences. Founded in 2020 by Marcus Segal and Michael Pagano Doom, the company aims to translate popular in-person games into immersive VR formats. Their offerings include ForeVR Bowl, ForeVR Darts, ForeVR Cornhole, and ForeVR Pool, which are designed to provide fun and interactive experiences for players of all ages. The company has a team of industry veterans with extensive backgrounds in gaming and technology, which positions them well for innovation in the VR space. In October 2022, ForeVR Games raised $10 million in Series A funding, which will support their efforts to expand their library of games and enhance their multiplayer capabilities. Their focus on social play and accessibility aligns with current trends in the gaming industry, making them a relevant player in the VR gaming market.

27. ARVI Lab

• Website: arvilab.com
• Ownership type: Private
• Headquarters: Kyiv, Kyiv, Ukraine
• Founded year: 2017
• Headcount: 11-50
• LinkedIn: arvi-lab

ARVI Lab, founded in 2017 and based in Kyiv, Ukraine, is a private gaming company that specializes in virtual reality experiences. With a team of approximately 42 employees, ARVI Lab focuses on creating immersive entertainment solutions through the development and publication of its own VR games. The company has produced a range of titles that appeal to gamers seeking engaging narratives and gameplay. Notable games include 'Smash Point', a competitive multiplayer VR game, and 'Gunslinger', a multiplayer shooter. ARVI Lab is dedicated to pushing the boundaries of VR technology, ensuring that their offerings remain relevant and appealing in the fast-evolving gaming industry.

Multiplayer VR Gaming Insights: Key Companies

Company	Headquarter	Size	Founded	Ownership
Oculus VR	Menlo Park, California, United States (USA)	501-1000	2012	Corporate
VRChat Inc.	San Francisco, California, United States (USA)	51-200	2014	Private
BigBox VR	Seattle, Washington, United States (USA)	11-50	2016	Corporate
Resolution Games	Stockholm, Stockholm, Sweden	51-200	2015	Venture Capital
nDreams	Farnborough, England, United Kingdom (UK)	201-500	2006	Corporate
Sanzaru	Foster City, California, United States (USA)	51-200	2007	Corporate
Vertigo Games	Rotterdam, South Holland, Netherlands	51-200	2008	Corporate
Survios	Marina Del Rey, California, United States (USA)	51-200	2013	Venture Capital
Sandbox VR	San Francisco, California, United States (USA)	501-1000	2016	Venture Capital
Virtuix	Austin, Texas, United States (USA)	51-200	2013	Venture Capital
Rec Room	Seattle, Washington, United States (USA)	201-500	2016	Venture Capital
Cortopia Studios	Stockholm, Stockholm, Sweden	11-50	2016	Private
Realcast	Paris, Île-De-France, France	11-50	2017	Venture Capital
Fibrum	Moscow, Moscow, Russia	11-50	2014	Private
Aexlab	Miami, Florida, United States (USA)	11-50	2017	Venture Capital
XR Games	Leeds, England, United Kingdom (UK)	51-200	2017	Venture Capital
Myr	San Mateo, California, United States (USA)	1-10	2020	Venture Capital
vTime	Liverpool, England, United Kingdom (UK)	11-50	2013	Venture Capital
Htc Vive	Taiwan	501-1000	2015	Private
Gamitronics	Hyderabad, Sindh, Pakistan	501-1000	2017	Private
Thirdverse, Co., Ltd.	San Francisco, California, United States (USA)	51-200	2016	Venture Capital
Pimax	Shanghai, Shanghai, China	51-200	2015	Venture Capital
Another Axiom	Glendale, Arizona, United States (USA)	11-50	2021	Private
Spatial	New York, New York, United States (USA)	11-50	2016	Venture Capital
AltWorld	Bengaluru, Karnataka, India	11-50	2021	Venture Capital
ForeVR Games	Los Angeles, California, United States (USA)	11-50	2020	Venture Capital
ARVI Lab	Kyiv, Kyiv, Ukraine	11-50	2017	Private

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