Skip to main content
Improbable logo

Improbable

Updated Mar 24, 2026

Improbable's full profile: funding, valuation, competitors, and the people behind the company.

🇬🇧United KingdomSeries CML Platform

Out of 100

🇬🇧

HQ

United Kingdom

🗓

Founded

2012

💰

Raised

$700M

🏷️

Stage

Series C

👥

Team

500-1000

Improbable develops large-scale simulation technology and virtual world infrastructure, originally focused on cloud-distributed game server simulation and subsequently pivoting to AI-powered synthetic environment generation and metaverse platform development. The London company built SpatialOS, a cloud platform for running distributed simulations of large, persistent virtual worlds, and has

Is this your company? Claim it →

Key Facts

  • Improbable has raised a total of $700M in disclosed funding across 2 funding rounds.
  • Improbable was founded in 2012 by Herman Narula and is headquartered in United Kingdom.
  • Improbable employs approximately 500-1000 people.
  • Improbable operates in the ML Platform category and is currently at the Series C stage.
  • Improbable has an Awaira Score of 68/100, ranking it among the tracked AI companies on Awaira.
  • Improbable's most recent funding round was a Series B of $502M closed in May 2017, led by SoftBank Vision Fund.

Source: Awaira · Updated Mar 24, 2026

N/A

Post-money

$700M

All rounds

68/100

2012

500-1000 employees

Strengths

Strong Awaira Score of 68/100

Large team of 500-1000+ employees

Established market presence (founded 2012)

Considerations

!

Valuation not publicly disclosed

Analysis based on publicly available data. Not investment advice.

2

Total Rounds

$261M

Avg Round Size

2.2yr

Funding Span

Improbable raised 2 rounds over 2.2 years, averaging $261M per round — a pace of roughly one round every 13 months.

⚠️ ESTIMATE
💵Est. Annual Revenue
$100M–$500M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does Improbable stack up against competitors?

MetricImprobableDataikuHugging FaceG42
Awaira Score68/10090/10082/10080/100
Total Raised$700M$1B$395MN/A
ValuationN/A$3.7B$4.5B$10B
StageSeries CSeries FSeries DPrivate
Founded2012201320162018
Employees500-10001000+2501000+
Country🇬🇧🇫🇷🇺🇸🇦🇪
H

Herman Narula

Founder & CEO

View founder profile →
StageSeries C
Employees500-1000
Country🇬🇧 United Kingdom
Connect
Inactive
2 rounds
Series BLatest

Led by SoftBank Vision Fund

$502M

May 2017

Series A

Led by Andreessen Horowitz

$20M

Mar 2015

Frequently Asked Questions

What is Improbable's valuation?
A confirmed valuation hasn't been made public. This is common for Series C-stage companies in the ML Platform sector.
Who invested in Improbable?
SoftBank Vision Fund, Andreessen Horowitz are among the backers. Together, they've contributed to the company's growth in the ML Platform sector.
When did Improbable last raise funding?
The most recent round was a Series B of $502M, closed in May 2017. The round was led by SoftBank Vision Fund.
How many employees does Improbable have?
The team is roughly 500-1000 people, headquartered in United Kingdom.
What does Improbable do?
Improbable develops large-scale simulation technology and virtual world infrastructure, originally focused on cloud-distributed game server simulation and subsequently pivoting to AI-powered synthetic environment generation and metaverse platform development. The London company built SpatialOS, a cloud platform for running distributed simulations of large, persistent virtual worlds, and has applied simulation capabilities to defence, urban planning, and entertainment applications. The company operates in the ML Platform sector from United Kingdom.
Who founded Improbable?
The company was started by Herman Narula in 2012 in United Kingdom. Herman Narula serves as Founder & CEO.
Is Improbable profitable?
Profitability data isn't available in public filings. The company has raised $700M in total funding and operates at the Series C stage.
Where is Improbable headquartered?
The headquarters sit in United Kingdom 🇬🇧 and was established in 2012. It competes in the ML Platform sector.
⚔️

Compare Improbable

See how Improbable stacks up against competitors in valuation, funding, team size, and Awaira Score.

Browse all comparisons →