Companies · Other

Roblox Corp

San Mateo · Other

Diligence memoA one-page analyst read on Roblox Corp — recommendation, valuation, rhythm, risks.
$578.8M
Total raised · real
4
Rounds
1.7×
Latest step-up
Top 1%
Sector rank · raised
Growth/Late
Latest stage · inferred · Fri Apr 01 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Roblox Corp looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.04× the median modeled value of Growth/Late Other companies in 2022–2024 (25 peers) — value vs value, same stage and era.
  • Issuer reports $100M+ revenue while modeled below niche peers.
Dormant
  • Last raise 4.2 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other

Roblox Corp is one of 25008 Other companies tracked from San Mateo. By capital raised it ranks among the largest (ahead of 100% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
$100M+
Issuer revenue
Rule 506(b)
Reg D exemption
31
Investors (latest)
2022-04-01
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$2.5B$5.0B$7.5B$10.0BSeed · 2009-07-21 Raised $2.2M (real) Modeled valuation $40M (est)$2.2M$40MSeed2009Growth/Late · 2021-01-06 Raised $520M (real) Modeled valuation $8.7B (est)$520M$8.7BGrowth/Late2021Growth/Late · 2021-08-11 Raised $39M (real) Modeled valuation $609M (est)$39M$609MGrowth/Late2021Growth/Late · 2021-08-16 Raised $39M (real) Modeled valuation $608M (est)$39M$608MGrowth/Late2021Growth/Late · 2022-04-01 Raised $18M (real) Modeled valuation $258M (est)$18M$258MGrowth/Late2022Series B · 2022-04-01 Raised $30M (real) Modeled valuation $320M (est)$30M$320MSeries B2022+$520M+$39M+$39M+$18M+$30MCumulative $647M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$2.2M · 2009
Growth/Late$520.0M · 2021no Series A / Series B / Series C / Series D+ on file
Growth/Late extension$38.9M · 2021
Growth/Late extension$38.9M · 2021
Growth/Late extension$17.7M · 2022
Bridge · Growth/Late-stage$29.6M · 2022smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A, Series C, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 43%.

Modeled valuation trajectory
$258.0M
Base estimate est.
$138.2M
Conservative case
$399.9M
Upside case
$177.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Seed · modeled $40.4M · 2009-07-212009Growth/Late · modeled $8.7B · 2021-01-06Growth/Late · modeled $609.2M · 2021-08-11Growth/Late · modeled $608.2M · 2021-08-16Growth/Late · modeled $258.0M · 2022-04-01Series B · modeled $319.5M · 2022-04-012022
Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
90%
Survival probability
78% low · 97% high
1.12×/yr
Annual markup
1.22×/yr upside case
4.3 yr
Elapsed time used
4.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
30 mo
Avg between rounds
$45.6M/yr
Capital velocity
16.9 yr
On record since
2009
First round
6
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 283× above median
This company$578.8M
Sector median$2.0M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 0.1× of median
This company$29.6M
Sector median$513.1M
Modeled value — vs sector median (estimate, all stages) 15× above median
This company$258.0M
Sector median$17.7M

Raised more than 100% of sector peers (real $). Modeled value above 90% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #21 of 25.

This companyCohort peer
$100.0M$1.0B$10.0B$100.0B$100.0M$1.0B$10.0BCapital raised (log)Oranje Topco, Inc. · Growth/Late Raised $3.4B · modeled $45.2B (est)Icefall Topco, Inc. · Growth/Late Raised $2.9B · modeled $34.2B (est)Disco Topco, Inc. · Growth/Late Raised $1.9B · modeled $25.0B (est)Staubach Topco, Inc. · Growth/Late Raised $1.4B · modeled $20.7B (est)Arkady HoldCo, Inc. · Growth/Late Raised $1.4B · modeled $15.3B (est)Grupo Gon-Rey Holdings, Llc · Growth/Late Raised $1.4B · modeled $15.2B (est)Nemo Topco, Inc. · Growth/Late Raised $865.7M · modeled $9.6B (est)HF Private Funds Pool, LLC · Growth/Late Raised $946.5M · modeled $9.4B (est)HF Direct Investments Pool, LLC · Growth/Late Raised $680.0M · modeled $8.8B (est)Bluehalo Holdings Parent, Llc · Growth/Late Raised $723.2M · modeled $8.5B (est)Tetris Topco, Inc. · Growth/Late Raised $534.7M · modeled $7.9B (est)Celsius Holdings, Inc. · Growth/Late Raised $582.5M · modeled $7.7B (est)Roblox Corp (this company) Raised $578.8M · modeled $258.0M (est)Roblox Corp
CompanyStageRaised · realValue · estvs peer med.
Oranje Topco, Inc.Growth/Late$3.4B$45.2B6.18×
Icefall Topco, Inc.Growth/Late$2.9B$34.2B4.68×
Disco Topco, Inc.Growth/Late$1.9B$25.0B3.41×
Staubach Topco, Inc.Growth/Late$1.4B$20.7B2.83×
Arkady HoldCo, Inc.Growth/Late$1.4B$15.3B2.10×
Grupo Gon-Rey Holdings, LlcGrowth/Late$1.4B$15.2B2.08×
Nemo Topco, Inc.Growth/Late$865.7M$9.6B1.31×
HF Private Funds Pool, LLCGrowth/Late$946.5M$9.4B1.28×
HF Direct Investments Pool, LLCGrowth/Late$680.0M$8.8B1.21×
Bluehalo Holdings Parent, LlcGrowth/Late$723.2M$8.5B1.16×
Tetris Topco, Inc.Growth/Late$534.7M$7.9B1.08×
Celsius Holdings, Inc.Growth/Late$582.5M$7.7B1.06×
Roblox Corp this companyGrowth/Late$578.8M$258.0M0.04×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$2.2M2009-07-21$10.9M$40.4M85%
Growth/Late$520.0M2021-01-06$5.2B$8.7B90%
Growth/Late$38.9M2021-08-11$389.0M$609.2M90%
Growth/Late$38.9M2021-08-16$389.0M$608.2M90%
Growth/Late$17.7M2022-04-01$177.1M$258.0M90%
Series B$29.6M2022-04-01$164.6M$319.5M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$2.2M2009-07-21
    • First recorded raise — entered as Seed.
    • 12 investors on this round.
  2. Growth/Late$520.0M2021-01-06
    • Raised again after 138 mo — slower than the ~11 mo sector norm.
    • Round 239.1× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 18 investors on this round.
  3. Growth/Late$38.9M2021-08-11
    • Raised 7 mo later, in step with the ~11 mo sector norm.
    • Round 13.4× smaller than the prior — bridge or down round.
    • 36 investors on this round.
  4. Growth/Late$38.9M2021-08-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 36 investors on this round.
  5. Growth/Late$17.7M2022-04-01
    • Raised 7 mo later, in step with the ~11 mo sector norm.
    • Round 2.2× smaller than the prior — bridge or down round.
    • 31 investors on this round.
  6. Series B$29.6M2022-04-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× larger than the prior — scaling up.
    • 31 investors on this round.
Intelligence
2024 ~Q4
Modeled next raise · ~30mo cadence
$49.6M
Modeled next size est.range $32.2M$79.3M
1.7×
Last step-up
$45.6M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Anthony Lee7 other2009-07
Michael Guthrie5 other2021-01
Barbara Messing1 other2021-01
Craig Donato1 other2021-01
Daniel Sturman1 other2021-01
Mark Reinstra1 other2021-01
Andrea P Wong2021-01
Anthony P Lee2021-01
Christopher Carvalho2021-01
Christopher Cavalho2021-08
David Baszucki2009-07
Debra Messing2022-04
Erik Cassel2009-07
Gina P Mastantuono2022-04
Gina P Mastantuonto2021-08
Greg Baszucki2009-07
Gregory Baszucki2021-01
Manuel P Bronstein2021-08
Registry & provenance

Roblox Corp is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1315098
SEC CIK
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Frequently asked
How much funding has Roblox Corp raised?
Roblox Corp has raised approximately $578.8M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Roblox Corp's estimated valuation?
Provath's modeled valuation for Roblox Corp is approximately $258.0M (modeled range $138.2M–$399.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Roblox Corp at?
Roblox Corp's latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Fri Apr 01.
What does Roblox Corp do and where is it based?
Roblox Corp operates in the Other sector, based in San Mateo.
Explore related

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