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§ Private Profile · 7190 W Sunset Blvd #15D, Los Angeles, CA 90046, United States
VR game developer creating multiplayer social virtual reality games like bowling and darts for consumers on Meta Quest, Steam VR, and PSVR2.
Based in Los Angeles, California, ForeVR Games is a software development company that creates multiplayer virtual reality games simulating real-world social activities like bowling, darts, cornhole, and pool. The company generates revenue through direct software sales, distributing its immersive gaming titles to consumers across major virtual reality hardware platforms such as Meta Quest, Steam VR, and PSVR2. To support its ongoing software development and platform expansion, the enterprise has raised a total of $18.5 million in venture capital funding to date. This capitalization includes a $10 million Series A financing round led by Lobby Capital, with additional participation from institutional investors Bessemer Venture Partners and Galaxy Interactive, alongside individual backers like Zynga founder Mark Pincus and Twitch co-founder Justin Kan. ForeVR Games was founded in 2020 by Marcus Segal and Michael Pagano Doom.
ForeVR Games has raised $19.0M across 3 funding rounds.
ForeVR Games has raised $19.0M in total across 3 funding rounds.
ForeVR Games is a Los Angeles-based VR gaming studio founded in 2020 that develops casual, social multiplayer games adapting classic real-life activities like bowling, darts, cornhole, and pool into immersive VR experiences.[1][2][3] Targeting consumers on platforms such as Meta Quest, Steam VR, and PlayStation VR2, it serves VR users seeking accessible, family-friendly entertainment that fosters social connections without physical presence, solving the problem of limited access to traditional games amid rising VR adoption and socially distant needs.[1][2][5] The company has shown strong growth momentum, raising $18.5 million in funding—including a $10 million Series A in 2022 from investors like Lobby Capital, Bessemer Venture Partners, Galaxy Interactive, and angels such as Zynga's Mark Pincus and Twitch founders—and expanding its portfolio with cross-platform releases like ForeVR Pool and Bowl on PSVR2 in late 2023, while surpassing $1 million in revenue by 2022.[2][5][6]
ForeVR Games was co-founded in July 2020 by CEO Marcus Segal and Mike Pagano Doom (also known as Michael Pagano Doom), both gaming industry veterans from studios like Zynga, EA, and Glu, amid the COVID-19 pandemic's lockdowns.[1][2][3] The idea emerged from recognizing VR's growing accessibility—driven by cheaper hardware and a demand for socially distant entertainment—and their passion for translating popular in-person games into virtual formats to connect families and friends virtually.[1][3] Early traction came quickly: their debut title, ForeVR Bowl, launched in May 2021 on Oculus Quest headsets after just 10 months of development, featuring fantastical environments like the moon or disco clubs, global multiplayer via avatars, and celebrity soundtrack cameos, capitalizing on pandemic isolation for focused production.[3][5] Pivotal moments include rapid portfolio expansion to darts and cornhole, a $10 million Series A funding in 2022 to build the "ForeVRse" interconnected game world, and PSVR2 launches in 2023.[2][5]
ForeVR Games stands out in the VR gaming space through these key strengths:
ForeVR Games rides the explosive growth of consumer VR, where 42.9 million U.S. users engage monthly and gaming/entertainment claims 40.5% market share, fueled by affordable headsets like Meta Quest and PSVR2.[1][2] Perfectly timed with the 2020 pandemic's push for remote social experiences, it capitalizes on nostalgia for physical games amid barriers like mobility or location, while VR hardware democratization (e.g., standalone Quest devices) lowers entry barriers.[1][3] Market forces favoring ForeVR include Meta's ecosystem dominance—with over one-third of Quest Store apps hitting millions in revenue—and investor confidence in casual social VR as a mass-market hit, influencing the ecosystem by proving VR's fun, inclusive potential beyond hardcore gaming and inspiring "ForeVRse"-style interconnected worlds.[2][5]
ForeVR Games is primed to dominate casual social VR by expanding its library—already hinting at two more IRL game ports post-2021 funding—and leveraging avatar tech upgrades like Meta's leg tracking for hyper-realistic play.[3][5] Trends like VR's mainstreaming via holidays, cross-platform pushes, and metaverse social features will accelerate its "Wii Sports of VR" trajectory, potentially scaling the ForeVRse into a go-to hub as adoption surges.[2][5] Its influence could evolve from niche pioneer to ecosystem leader, drawing more investors and devs to family-friendly, multiplayer VR, fulfilling its mission to bring VR to the masses through joyful, connective gaming.[1]
ForeVR Games has raised $19.0M across 3 funding rounds. Most recently, it raised $10.0M Series A in October 2022.
ForeVR Games has raised $19.0M in total across 3 funding rounds.
ForeVR Games's investors include Lobby Capital, 11.2 Capital, Bloomberg Beta, Cervin Ventures, Chemistry VC, DFJ, Felicis Ventures, Galaxy Digital, Heavybit, Insight Partners, Lead Edge Capital, Sapphire Ventures.