Ready Player Me raises $56M for metaverse avatars
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Ready Player Me, a cross-game metaverse avatar platform that allows users to explore virtual worlds with one consistent identity, has closed a $56 million funding round led by Andreessen Horowitz (a16z).
The New York company has seen success with its cross-platform metaverse approach, where it is advocating the use of interoperable avatars. To date, Ready Player Me has partnerships with more than 3,000 game and app companies using its avatars.
Notable investors include David Baszucki, cofounder of Roblox; Justin Kan, cofounder of Twitch; Sebastian Knutsson and Riccardo Zacconi, King cofounders; sports and entertainment company Endeavor; Kevin Hart’s Hartbeat VenturesD; Amelio family; Punk6529; Snowfro; Collab Currency; Plural; Konvoy Ventures and more.
The 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.
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Timmu Tõke, CEO of Ready Player Me, said in an interview with GamesBeat that interoperability will unlock the true metaverse experience between games, worlds, and applications where users can have a consistent identity across all experiences.
“We’re doing cross-game answers for the metaverse, as we
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