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Improbable

Improbable IPO

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Improbable IPO date and status

2012
Founded
IPO Mentioned
Confidential Filing
S-1 Filed
IPO

Company details

Improbable is the developer of a platform designed to let developers transcend the limits of regular computation, allowing swarms of servers running in the cloud to cooperate in order to simulate worlds far larger and more complex than any single server could. This company was founded by Herman Narula, Peter Lipka, and Rob Whitehead in 2012 and is headquartered in London, UK.
Founded
2012
Headquarters
London, United Kingdom
Founders
Herman Narula, Peter Lipka
Forge Price 1
Price not yet available
Market Activity 2
Limited
Last Matched Price
Post-Money Valuation 3
Not available
Total Funding
Not available
Last Funding Round
Not available

Learn more about Improbable

To invest in Improbable pre-IPO

Can you invest in Improbable pre-IPO?

Improbable is privately held and not traded on public markets, so pre-IPO investments are available only to accredited investors.

If you’re already accredited and have completed Forge’s verification, you can visit our marketplace to review and invest in private companies ahead of an IPO.

If you haven’t yet completed your accredited investor verification with Forge, you can start that process now to unlock access to new private-company offerings.

For more on who qualifies—and how to get verified—see our blog “Accredited investors, qualified clients and qualified purchasers: Who can invest?

Can you sell shares of Improbable before it goes public?

Yes, subject to any contractual or corporate transfer restrictions, it is possible to list your shares to sell while Improbable is still private. If you’re considering selling, you can register today for free to get started. Once registered, you can evaluate pricing insights and market activity to inform your decision, then post your shares for sale and set the terms, like quantity and price—all directly through our platform.

If you’d like additional guidance at any point, Forge private market specialists are available to help. For a step-by-step overview, check out our seller’s guide.

What is the pre-IPO value of my Improbable shares?

To explore the value of your Improbable shares, create a free account to access Forge’s marketplace. Once inside, you’ll find several pricing insights to help guide your decision—these include historical transaction data, a live order book showing current buy and sell interest, and Forge Price™, a derived, indicative price based on recent transactions, investor activity, and other relevant market data.

These insights can help you determine a price you’re comfortable with if you choose to sell your shares. If you’d like additional guidance along the way, Forge private market specialists are available to help. You can also review our seller’s guide for a step-by-step overview.

Is Improbable a publicly traded company?

Improbable is a private company and not publicly traded.

If you’re interested in buying or selling shares in private companies, you can register with Forge today for free to explore available opportunities. Once registered, you’ll gain access to our marketplace, where you can view active buy and sell interest, evaluate pricing signals and take action directly through the platform.

To learn more about Improbable potential IPO

Will Improbable go IPO?

Improbable has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Improbable’s IPO price?

The Improbable IPO price does not exist at this time, as Improbable is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Improbable, register for Forge today.

When was Improbable founded?

Improbable was founded in 2012.

What is Improbable funding to date?

The funding to date for Improbable is not currently available.

Improbable major investors

Amadeus Capital Partners
Andreessen Horowitz
Cmt Digital Ventures
Digital Currency Group
Innovate Uk
Metaplanet Holdings
Phoenix Court
Softbank Investment Advisers
Zinal Growth

Improbable pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
Funding Round Details are not yet available for this company.

Improbable IPO news and media highlights

SoftBank-backed startup Improbable outlines plan for metaverse to rival Microsoft, Meta

Improbable, a SoftBank-backed startup developing huge virtual worlds, on Friday launched its plans for a network of metaverses that it hopes will one day be capable of hosting thousands of users and compete with platforms from U.S. tech giants such as Meta and Microsoft.

Improbable: Poll says gamers and game devs expect metaverse to arrive in one to five years

American and British consumers believe that the metaverse will likely come to fruition in one to five years.

SoftBank-backed Improbable sees pre-tax losses rise to $88.5 million on its quest to develop virtual worlds

Improbable posted a pre-tax loss of £64.8 million ($88.5 million) for the seven months leading up to Dec. 31, 2019, according to a filing on Companies House. 
Browse More Insights

Private companies exploring an IPO

See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Industrial
Subsector: Augmented / Virtual Reality
Trade Metrics Last Funding Round
Company Forge Price Last Matched Round Post-Money Valuation 3 Price Per Share Amount Raised
SpaceXSpaceX$550.00 +$102.77 (22.98%)$ xx.xxSeries N$46.08B$270.00$1.9B
MotiveMotive$15.75 -$7.65 (32.69%)$ xx.xxSeries F Senior$3.08B$23.40$169.94MM
zSpacezSpaceNot available$ xx.xxNot available------
VenHubVenHubNot available$ xx.xxSeries A$346.71MM$1.91$24.3MM

Private market movers

Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

Actively traded

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
SpaceX SpaceX $550.00 +$102.77 (22.98%)High $xxx.xx
Anduril Anduril $114.78 +$9.78 (9.31%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx

Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $114.78 +$9.78 (9.31%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx
Groq Groq $29.77 -$0.01 (0.03%)High $xxx.xx

Forge, your trusted partner for pre-IPO insights and Improbable data

Forge is the trusted platform for buying and selling pre-IPO shares. Investors and shareholders worldwide rely on our deep data insights, liquidity solutions, and tailored investment opportunities to navigate the private market. Register to get started.

Updated on: Jul 16, 2025

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  1. Forge Price™ is a custom data-point calculated and disseminated by Forge Data LLC (“Forge Data”) and is a mark of Forge Data. Forge Price may rely on a very limited number of inputs in its calculation. Forge Price is prepared and disseminated solely for informational purposes. Redistribution is permitted solely with Forge’s written consent. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of Forge Price, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of Forge Price. Forge Price is derived from secondary activity on the Forge platform and other private market trading platforms, and other publicly-available datapoints collected by Forge. Forge Price is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Neither reference to company names, nor calculation of Forge Price for a specific company, implies any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company. The dollar-figure and percentage displayed indicates the per share change in dollar amount and percentage since the most recent Forge Price change. Percentages are rounded to the nearest whole number.
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  5. Actively traded companies are companies with a high market activity with the highest post-money valuation in the same sector.

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