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Spatial valuation, funding and investors

spatial.io ↗LinkedIn ↗

Spatial works in metaverse platform development, based in New York, United States. Founded in 2017, it has about 60 employees.

Tech Companies New York Series B
VALUATION · TODAY
$128M −6% after Series B
Range $12.5M – $299M · Grade D
TODAY
+12 MO
$100M
$200M
$300M
$400M
$500M
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Seed $8.00M
Series A $14.0M
Series B $25.0M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY60 employees
−18%6m growth
−12%1y growth
−12%2y growth
50
100
Data from Jan 2021
TODAY
Predicted in 1 yr $120M −6% vs today
Predicted next raise $31.1M if a round comes
Winding-down probability 28%
Last round
Series B · $25.0M · Dec 2021
Valuation at last round
$174M · implied
Headcount
60 · flat
Grade
D
Founded
2017
How VCMC values companies →

Spatial valuation today

VCMC values Spatial at $128M today, with a range of $12.5M to $299M and a grade of D. The valuation starts from its last funding round, a Series B round in Dec 2021.

Valuation by date (122 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Spatial: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2017$6.49M$2.36M – $17.8M$8.90M (+37%)before first round–unknownD0%
1 Feb 2017$6.67M$2.43M – $18.3M$9.14M (+37%)before first round–unknownD0%
1 Mar 2017$6.83M$2.49M – $18.8M$9.36M (+37%)before first round–unknownD0%
1 Apr 2017$7.01M$2.55M – $19.3M$9.62M (+37%)before first round–unknownD0%
1 May 2017$7.20M$2.62M – $19.8M$9.87M (+37%)before first round–unknownD0%
1 Jun 2017$7.39M$2.69M – $20.3M$10.1M (+37%)before first round–unknownD0%
1 Jul 2017$7.59M$2.76M – $20.8M$10.4M (+37%)before first round–unknownD0%
1 Aug 2017$7.79M$2.84M – $21.4M$10.7M (+37%)before first round–unknownD0%
1 Sep 2017$8.01M$2.91M – $22.0M$11.0M (+37%)before first round–unknownD0%
1 Oct 2017$8.22M$2.99M – $22.6M$11.3M (+37%)before first round–unknownD0%
1 Nov 2017$8.44M$3.07M – $23.2M$11.6M (+37%)before first round–unknownD0%
1 Dec 2017$8.66M$3.15M – $23.8M$11.9M (+37%)before first round–unknownD0%
1 Jan 2018$8.90M$3.24M – $24.4M$12.2M (+37%)before first round–unknownD0%
1 Feb 2018$9.14M$3.33M – $25.1M$12.5M (+37%)before first round–unknownD0%
1 Mar 2018$9.36M$3.41M – $25.7M$12.8M (+37%)before first round–unknownD0%
1 Apr 2018$9.62M$3.50M – $26.4M$13.2M (+37%)before first round–unknownD0%
1 May 2018$9.87M$3.59M – $27.1M$13.5M (+37%)before first round–unknownD0%
1 Jun 2018$10.1M$3.69M – $27.8M$13.9M (+37%)before first round–unknownD0%
1 Jul 2018$10.4M$3.79M – $28.6M$14.3M (+37%)before first round–unknownD0%
1 Aug 2018$10.7M$3.89M – $29.4M$14.4M (+35%)before first round–unknownD0%
1 Sep 2018$11.0M$4.00M – $30.2M$14.5M (+32%)before first round–unknownD0%
1 Oct 2018$11.3M$4.10M – $30.9M$14.7M (+30%)before first round–unknownD0%
25 Oct 2018$53.4M$35.0M – $162M$107M (+100%)after a round–unknownC0%
1 Nov 2018$54.1M$35.0M – $162M$107M (+97%)after a round–unknownC0%
1 Dec 2018$57.3M$35.0M – $162M$107M (+86%)after a round–unknownC0%
1 Jan 2019$60.8M$35.0M – $162M$107M (+75%)after a round–unknownC0%
1 Feb 2019$64.5M$35.0M – $162M$107M (+65%)after a round–unknownC0%
1 Mar 2019$68.0M$35.0M – $162M$107M (+57%)after a round–unknownC0%
1 Apr 2019$72.1M$35.0M – $162M$107M (+48%)after a round–unknownC0%
1 May 2019$76.3M$35.0M – $162M$107M (+40%)after a round–unknownC0%
1 Jun 2019$81.0M$35.0M – $162M$107M (+32%)after a round–unknownC0%
1 Jul 2019$85.7M$35.0M – $162M$107M (+24%)after a round–unknownC0%
1 Aug 2019$90.9M$35.0M – $162M$107M (+17%)after a round–unknownC0%
1 Sep 2019$96.4M$35.0M – $162M$107M (+11%)after a round–unknownC0%
1 Oct 2019$102M$35.0M – $162M$107M (+5%)after a round–unknownC0%
1 Nov 2019$107M$34.6M – $162M$107M (0%)after a round–unknownC0%
1 Dec 2019$107M$32.9M – $162M$107M (0%)after a round–unknownC0%
1 Jan 2020$107M$31.3M – $162M$107M (0%)after a round–unknownC0%
31 Jan 2020$85.3M$60.0M – $218M$153M (+80%)after a round–unknownC0%
1 Feb 2020$85.5M$60.0M – $218M$153M (+79%)after a round–unknownC0%
1 Mar 2020$89.6M$60.0M – $218M$153M (+71%)after a round–unknownC0%
1 Apr 2020$94.1M$60.0M – $218M$153M (+63%)after a round–unknownC0%
1 May 2020$98.8M$60.0M – $218M$153M (+55%)after a round–unknownC0%
1 Jun 2020$104M$60.0M – $218M$153M (+48%)after a round–unknownC0%
1 Jul 2020$109M$60.0M – $218M$153M (+41%)after a round–unknownC0%
1 Aug 2020$115M$60.0M – $218M$153M (+34%)after a round–unknownC0%
1 Sep 2020$120M$60.0M – $218M$153M (+27%)after a round–unknownC0%
1 Oct 2020$126M$60.0M – $218M$153M (+21%)after a round–unknownC0%
1 Nov 2020$133M$60.0M – $218M$153M (+15%)after a round–unknownC0%
1 Dec 2020$139M$60.0M – $218M$153M (+10%)after a round–unknownC0%
1 Jan 2021$147M$60.0M – $218M$153M (+5%)after a round24unknownC0%
1 Feb 2021$153M$59.8M – $218M$153M (0%)after a round24unknownC0%
1 Mar 2021$153M$57.1M – $218M$153M (0%)after a round24unknownC0%
1 Apr 2021$153M$54.3M – $218M$153M (0%)after a round24flatC0%
1 May 2021$153M$51.6M – $218M$153M (0%)after a round24flatC0%
1 Jun 2021$153M$49.1M – $218M$153M (0%)after a round24flatC0%
1 Jul 2021$153M$46.7M – $218M$153M (0%)after a round24flatC0%
1 Aug 2021$153M$44.4M – $218M$153M (0%)after a round24flatC0%
1 Sep 2021$153M$42.2M – $218M$153M (0%)after a round24flatC0%
1 Oct 2021$153M$40.2M – $218M$153M (0%)after a round24flatC0%
1 Nov 2021$153M$38.2M – $218M$153M (0%)after a round24flatC0%
1 Dec 2021$153M$36.3M – $218M$153M (0%)after a round24flatC0%
15 Dec 2021$174M$122M – $369M$260M (+50%)after a round24flatB0%
1 Jan 2022$177M$122M – $369M$260M (+47%)after a round24flatB0%
1 Feb 2022$183M$122M – $369M$260M (+42%)after a round24flatB0%
1 Mar 2022$189M$122M – $369M$260M (+38%)after a round41growingB0%
1 Apr 2022$196M$122M – $369M$260M (+33%)after a round41growingB0%
1 May 2022$202M$122M – $369M$260M (+29%)after a round41growingB0%
1 Jun 2022$209M$122M – $369M$260M (+24%)after a round41growingB0%
1 Jul 2022$216M$122M – $369M$260M (+20%)after a round41growingB0%
1 Aug 2022$224M$122M – $369M$260M (+16%)after a round41growingB0%
1 Sep 2022$232M$122M – $369M$260M (+12%)after a round41growingB0%
1 Oct 2022$240M$122M – $369M$260M (+9%)after a round41growingB0%
1 Nov 2022$248M$122M – $369M$260M (+5%)after a round41unknownB0%
1 Dec 2022$257M$122M – $369M$260M (+1%)after a round41unknownB0%
1 Jan 2023$283M$134M – $402M$283M (0%)after a round60growingB0%
1 Feb 2023$283M$136M – $402M$283M (0%)after a round60growingB0%
1 Mar 2023$283M$137M – $402M$283M (0%)after a round60growingB0%
1 Apr 2023$283M$139M – $402M$283M (0%)after a round60growingB0%
1 May 2023$283M$140M – $402M$283M (0%)after a round60growingB0%
1 Jun 2023$283M$142M – $402M$283M (0%)after a round60growingB0%
1 Jul 2023$283M$144M – $402M$283M (0%)after a round60growingB0%
1 Aug 2023$283M$145M – $402M$283M (0%)after a round60growingB0%
1 Sep 2023$283M$147M – $402M$283M (0%)after a round60growingB0%
1 Oct 2023$269M$87.1M – $392M$261M (-3%)after a round59flatC8%
1 Nov 2023$268M$83.2M – $393M$260M (-3%)after a round59flatC8%
1 Dec 2023$268M$79.7M – $393M$260M (-3%)after a round59flatC8%
1 Jan 2024$266M$70.6M – $394M$254M (-4%)after a round59flatC8%
1 Feb 2024$265M$67.1M – $394M$251M (-5%)after a round59flatC8%
1 Mar 2024$274M$100M – $408M$261M (-5%)after a round68upC8%
1 Apr 2024$275M$98.5M – $409M$261M (-5%)after a round68upC7%
1 May 2024$276M$96.8M – $409M$261M (-6%)after a round68upC7%
1 Jun 2024$277M$95.0M – $410M$261M (-6%)after a round68upC6%
1 Jul 2024$278M$93.3M – $411M$260M (-6%)after a round68upC6%
1 Aug 2024$278M$91.7M – $411M$262M (-6%)after a round68upC5%
1 Sep 2024$279M$90.0M – $412M$262M (-6%)after a round68upC5%
1 Oct 2024$280M$88.4M – $412M$262M (-6%)after a round68upC4%
1 Nov 2024$280M$86.9M – $412M$262M (-7%)after a round68upC4%
1 Dec 2024$281M$85.3M – $413M$261M (-7%)after a round68upC4%
1 Jan 2025$279M$57.4M – $410M$260M (-7%)after a round68upC3%
1 Feb 2025$278M$55.2M – $409M$260M (-7%)after a round68upD3%
1 Mar 2025$278M$53.3M – $407M$260M (-7%)after a round68upD3%
1 Apr 2025$277M$51.3M – $405M$259M (-6%)after a round68upD3%
1 May 2025$282M$32.8M – $412M$278M (-1%)after a round68unknownD2%
1 Jun 2025$282M$31.2M – $412M$279M (-1%)after a round68unknownD2%
1 Jul 2025$181M$29.3M – $378M$141M (-22%)after a round64flatD30%
1 Aug 2025$186M$28.2M – $381M$147M (-21%)after a round68flatD28%
1 Sep 2025$189M$26.8M – $379M$151M (-20%)after a round68flatD26%
1 Oct 2025$194M$25.5M – $381M$159M (-18%)after a round68flatD24%
1 Nov 2025$199M$24.3M – $383M$166M (-16%)after a round69flatD22%
1 Dec 2025$202M$23.2M – $382M$172M (-15%)after a round69flatD20%
1 Jan 2026$200M$22.0M – $358M$176M (-12%)after a round69flatD18%
1 Feb 2026$202M$20.9M – $358M$181M (-11%)after a round69flatD17%
1 Mar 2026$205M$20.0M – $357M$185M (-10%)after a round69flatD16%
1 Apr 2026$211M$24.2M – $364M$193M (-9%)after a round73upD14%
1 May 2026$213M$23.2M – $364M$197M (-8%)after a round73upD13%
1 Jun 2026$216M$22.3M – $363M$200M (-7%)after a round73upD12%
1 Jul 2026$217M$21.3M – $362M$203M (-7%)after a round73upD11%
1 Aug 2026$219M$20.4M – $362M$205M (-6%)after a round73upD10%
1 Sep 2026$221M$19.6M – $361M$207M (-6%)after a round73upD9%
1 Oct 2026$138M$13.6M – $301M$128M (-7%)after a round60flatD28%
24 Oct 2026$128M$12.5M – $299M$120M (-6%)after a round60flatD28%

Key facts about Spatial

Founded
2017
Headquarters
New York, United States
Employees
about 60 -13% in a year
Total raised
$47M
Funding rounds
3
Last round
Series B Dec 2021

Spatial funding history

Spatial has 3 funding rounds on record, from Oct 2018 to Dec 2021, $47M in total. None disclosed a valuation.

  1. Series B 14 Dec 2021

    With Maven Growth Partners, Pine Capital Management, KB Investment, Korea Investment Financial Holding, Mirae Asset Venture Investments, Inovia, White Star Capital, Lerer Hippeau.

    Sources: forkast.news

    $25M

  2. Series A 30 Jan 2020

    Led by White Star Capital, Inovia, Kakao Ventures; with Baidu, Expa, Lerer Hippeau, Leaders Fund, Samsung Next, Mike Krieger, Workplay Ventures, BlueYard, Freigeist Capital, Hoxton Ventures, Index Ventures, Lakestar, Summit Partners, LG Technology Ventures, todd and rahul's angel fund. Individuals: Mike Krieger, mark pincus, david krane, rajan anandan, koen bok, simon willnauer, andy hertzfeld.

    Sources: next.reality.news, techcrunch.com, greenlightinsigh.com

    $14M

  3. Seed 24 Oct 2018

    With Inovia, Expa, Samsung Next.

    Sources: techcrunch.com, roadtovr.com, finsmes.com

    $8.0M

Spatial investors

23 investors have backed Spatial; Inovia, White Star Capital and Kakao Ventures led at least one round.

  • Inovia lead, 3 rounds
  • Baidu
  • Hoxton Ventures
  • Index Ventures
  • Lakestar
  • Maven Growth Partners
  • Mike Krieger
  • Mirae Asset Venture Investments
  • todd and rahul's angel fund

What Spatial does

Spatial works in tech companies, with 15 recorded offerings and customers in gaming, education and enterprise.

Spatial Systems, Inc. is an American company that develops and operates a metaverse platform for creators, educators, and enterprises. The company provides tools and services for building and sharing interactive and gamified experiences across web, mobile, and virtual reality platforms. Its offerings include a no-code and Unity-based toolkit, a Creator Toolkit, and a Unity SDK, as well as features such as AI chatbots, voice and object interaction tools, and secure student hosting and deployment support. Spatial serves a global audience, supporting use cases such as social games, brand experiences, virtual learning, galleries, onboarding, and training.

Description from Veridion's company data.

Products and services

  • Metaverse Platform Development
  • Interactive Experience Creation Services
  • Multiplayer Game Publishing and Monetization
  • Social Gaming Experience Development
  • Virtual Learning Experience Development
  • Brand Experience Creation Services
  • Gallery and Onboarding Experience Development
  • AI Chatbot Integration Services
  • Voice and Object Interaction Integration
  • Unity SDK Development
  • Creator Toolkit Development
  • No-Code Game Development Tools
  • Virtual Reality Experience Development
  • Augmented Reality Experience Development
  • Secure Student Hosting and Deployment Services

Markets

  • Gaming
  • Education
  • Enterprise

Technology

  • AI Chatbots
  • Voice and Object Interaction Tools
  • Spatial Computing

Business model

  • Business-to-Business
  • Business-to-Consumer
  • Software-as-a-Service
  • Enterprise

Industry codes (NAICS)

  • 513210 Software Publishers 100% match

Questions about Spatial

What is Spatial worth?

Valuation $128M (range $12.5M to $299M), as of 24 Oct 2026.

Has Spatial raised money?

Spatial has 3 funding rounds on record, from Oct 2018 to Dec 2021, $47M in total. None disclosed a valuation.

Who has invested in Spatial?

Inovia, White Star Capital, Kakao Ventures, Expa, Lerer Hippeau and Samsung Next, and 17 more. Lead investors include Inovia, White Star Capital and Kakao Ventures.

How many people work at Spatial?

About 60, down 13% over the last year. Headcount rose from 24 in Jan 2021 to 73 in Apr 2026, then fell to 60 in Sep 2026.

What does Spatial do?

Spatial works in tech companies, with 15 recorded offerings and customers in gaming, education and enterprise. Its main offerings are metaverse platform development, interactive experience creation services and multiplayer game publishing and monetization.

When was Spatial founded, and where is it based?

Spatial was founded in 2017 and is based in New York, United States. It has about 60 employees, down 13% over the last year.

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