Fundraising Fox

Improbable

also invests Β· investor profile

Cambridge, GB Β· Founded 2012 Β· United Kingdom corporation Β· 360 employees on LinkedIn Β· 9 known investors

Improbable is a venture builder and technology company that creates and scales ventures in AI, Web3, and the metaverse, drawing on over a decade of experience in large-scale multiplayer technology and virtual worlds. The company builds new ventures from the ground up and spins out internal teams into independent companies, combining capital, technical expertise, and operational support.

Founders & leadership

Improbable was founded in 2012 by Herman Narula and Rob Whitehead.

HN
Herman NarulaFounder
RWRob Whitehead
Rob WhiteheadCo-founder
AA
Aaron Alexander NealeExecutive
PA
Patrick Andrew TimoneyExecutive
SM
Samuel Mark KalninsExecutive
PR
Peter Richard LipkaChief Operating Officerformer
NM
Nicholas Michael BrownExecutive

Board

CDChris Dixon
Chris Dixonin𝕏Board directorFounder & Managing Partner of a16z crypto at Andreessen Horowitz

Investors Β· 9

Reported raises Β· per SEC filings

Form D private placements

$22.1M disclosed across 1 of 2 rounds Β· 2015–2025

β–Ά$22.1MraisedMar 2015 Β· 13 investors Β· Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Aaron Alexander NealeExecutive Officer
  • Chris DixonDirector
  • Robert James Frederick WhiteheadExecutive Officer
  • Patrick Andrew TimoneyExecutive Officer
  • Samuel Mark KalninsExecutive Officer
  • Herman NarulaDirector
  • Peter Richard LipkaExecutive Officer
  • Nicholas Michael BrownExecutive Officer
Offering amount
$22.1M
Amount sold
$22.1M
Minimum investment
$20K
Proceeds to insiders
$1M
First sale
Mar 2015
Incorporated
Corporation, United Kingdom, 2012
Federal exemptions
06b
Full filing on SEC EDGAR β†—

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

7 people who came through Improbable went on to found or lead other companies.

Competitors Β· 1

by search overlap

Companies competing with Improbable for the same Google search keywords, organic and paid, via search-intersection analysis.

Companies House Β· registry record

View on Companies House β†—
Confirmation statement overdue
Registered name
IMPROBABLE
Company number
08561272
Status
Active
Company type
Private company limited by guarantee
Incorporated
7 Jun 2013
Registered office
Bore Place Bore Place Road, Chiddingstone, Edenbridge, TN8 7AR
Nature of business (SIC)
90010 β€” Performing arts
Accounts
last made up to 31 Mar 2025 Β· next due 31 Dec 2026
Confirmation statement
last made up to 7 Jun 2025 Β· next due 21 Jun 2026

Current officers Β· 12

  • Kathryn Amy Bilyard β€” secretary, appointed 1 Jul 2023
  • Eleanor Claughton β€” secretary, appointed 17 Jul 2023
  • Helen Anglim β€” director, appointed 8 Jun 2024
  • Stephen David Daldry β€” director, appointed 7 Jun 2013
  • Heather Davenport β€” director, appointed 1 Jun 2025
  • Patrick Handley β€” director, appointed 14 Mar 2023
  • Neha Idnani β€” director, appointed 14 Jun 2024
  • Pauline Mayers β€” director, appointed 2 Nov 2019
  • Elspeth Murray β€” director, appointed 25 Sept 2014
  • Benjamin Seng-Loong Yeoh β€” director, appointed 3 Aug 2022
  • Syed Yusuf Ali Subzposh β€” director, appointed 4 Jun 2024
  • Erica Jane Whyman β€” director, appointed 4 Jun 2024

Source: Companies House public register Β· retrieved 24 Jul 2026. Contains public sector information licensed under the Open Government Licence v3.0.

In the news

Frequently asked questions

What does Improbable do?
Improbable is a venture builder and technology company that creates and scales ventures in AI, Web3, and the metaverse, drawing on over a decade of experience in large-scale multiplayer technology and virtual worlds. The company builds new ventures from the ground up and spins out internal teams into independent companies, combining capital, technical expertise, and operational support.
Who founded Improbable?
Improbable was founded by Herman Narula, Rob Whitehead in 2012.
Who are Improbable's investors?
Improbable's investors include Andreessen Horowitz, Horizons Ventures, Temasek, a16z crypto, Bloc Ventures, Conversion Capital, Digital Currency Group, Metaplanet and 1 more.
How much funding has Improbable raised?
Improbable has disclosed $22.1M raised across 1 of its 2 known rounds.
Where is Improbable headquartered?
Improbable is headquartered in Cambridge, GB.