Meow Wolf Revenue, Valuation, Funding & Investors

Meow Wolf is valued at $350M as of May 2019, a 19.4x multiple on its last reported $18M revenue.

Last Meow Wolf valuation

$350M

Undisclosed stage · May 2019

Last Meow Wolf funding round

$159M

Undisclosed stage · May 2019

Meow Wolf revenue

$18M

Undisclosed stage · May 2019

Key investors in Meow Wolf

  • Alsop Louie Partners
  • New Mexico Economic Development Department

Meow Wolf Overview

About Meow Wolf

Meow Wolf is an immersive art collective creating interactive installations in permanent exhibit spaces. Locations include Santa Fe's House of Eternal Return opened in 2016, Denver's Convergence Station in 2021, and Las Vegas' Omega Mart. Founded in 2008 in Santa Fe, New Mexico, the company employs hundreds of artists producing multimedia narratives blending sculpture, video, and sound.


Founded

2008

HQ

United StatesSanta Fe, NM

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Revenue

$18M (May 2019)

Valuation

$350M (May 2019)

Meow Wolf Valuation

Meow Wolf is currently valued at $350M, based on its undisclosed-stage round in May 2019.

Meow Wolf valuation by funding round

Meow Wolf valuation by funding round
DateStageValuationRevenue Multiple
May 2019Undisclosed stage$350M19.4x

Meow Wolf Revenue

Meow Wolf's latest recorded revenue is $18M, as of its undisclosed-stage round in May 2019. At a $350M valuation, that implies a 19.4x revenue multiple.

Meow Wolf revenue by funding round

Meow Wolf revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
May 2019$18M$350M19.4xUndisclosed stage

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Meow Wolf Funding History

Meow Wolf has raised a total of $167M across 3 funding rounds.

Meow Wolf's first fundraising round was a $1M pre-seed round in July 2017. The most recent completed round was a $159M undisclosed-stage round in May 2019.

Meow Wolf funding rounds

Meow Wolf funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2019Undisclosed stage-$159M$350MMeow Wolf, an immersive art collective based in Santa Fe, New Mexico, transformed from a popular art installation into a major experiential entertainment company. The company closed its largest funding round to date in May 2019, raising over $158 million from 87 investors, as disclosed in SEC Form D filings. This Series A-1 round, dated around August 5, 2019, involved $135.43 million raised at a post-money valuation of $349.59 million, according to Forge Global data. Funds were earmarked for expansion projects including permanent exhibits in Denver (90,000 square feet near Mile High Stadium, slated for 2020) and Las Vegas at AREA15 (expected late 2019), with significant work occurring in New Mexico. Prior to this round, Meow Wolf had raised $17 million in May 2018 and generated $9 million in income in 2017 from over 1 million visitors to its Santa Fe location. The 2019 funding marked the largest startup round in New Mexico over the previous decade, surpassing the next largest by over five times. CEO Vince Kadlubek noted the capital would support growth while expressing concerns about maintaining artistic freedom amid scaled resources. A New Mexico Economic Development Department report projected the company's direct, indirect, and induced economic output to exceed $1 billion by 2027. Meow Wolf pioneered the 'experience economy' with Instagram-friendly, interactive installations blending art and entertainment, diverging from traditional museums. The company raised base wages to $17 per hour, well above New Mexico's $7.50 minimum. Subsequent developments included further funding, reaching a Series C valuation of $332.11 million by October 2025 and total funding of $530.09 million, with investors like Kachuwa Impact Fund and New Mexico State Investment Council.
Jan 2018Series AAlsop Louie Partners$8M--
Jul 2017Pre-seedNew Mexico Economic Development Department$1M--

Who has invested in Meow Wolf?

2 investors have backed Meow Wolf across its funding rounds, including Alsop Louie Partners and New Mexico Economic Development Department.


Meow Wolf Investors

Investors in Meow Wolf by funding rounds participated
InvestorHQRoundsRoleFirst check

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Meow Wolf Competitors

Meow Wolf competitors include listed companies like Cover and WildBrain, and private ones like Inkitt, BandLab, Barça Vision and Brut.

Public and private companies comparable to Meow Wolf
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CoverJapanJapanPublicly listed$317M$34M$677M1.9x
InkittUnited StatesSan Francisco, CAPrivate$38M-$400M10.5x
BandLabSingaporeSingaporePrivate--$425M-
Barça VisionSpainBarcelonaPrivate--$468M-
BrutFranceParisPrivate--$261M-
WildBrainCanadaCanadaPublicly listed$375M$26M$245M1.0x

Meow Wolf Public Comps

Meow Wolf is still privately-owned, but its public comps include Shaanxi BC & TV Network, Avex, Gaumont, TVZone Media, Falcons Beyond Global, iHeartMedia, Tohokushinsha Film, Xunlei, Hengxin Shambala Culture and Parken Sport.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Shaanxi BC & TV Network$164M($104M)7.3x-(11.5x)-
Avex$942M$40M0.2x0.2x3.6x-
Gaumont$173M$84M2.1x-4.3x-
TVZone Media$51M$6M7.3x-61.6x-
Falcons Beyond Global$15M$10M24.2x-36.0x-
iHeartMedia$3.9B$289M1.5x1.5x20.5x7.9x
Tohokushinsha Film$307M$64M0.4x0.4x2.0x-
Xunlei$460M$28M0.2x-3.3x-

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Common questions about Meow Wolf

When was Meow Wolf founded?Meow Wolf was founded in 2008.
Where is Meow Wolf headquartered?Meow Wolf is headquartered in Santa Fe, NM, United States.
Is Meow Wolf publicly listed?No, Meow Wolf is a private, VC-backed company.
What is Meow Wolf's valuation?Meow Wolf was last valued at $350M in its undisclosed-stage round in May 2019.
How much funding has Meow Wolf raised?Meow Wolf has raised $167M across 3 funding rounds.
What was Meow Wolf's last funding round?Meow Wolf's last funding round was a $159M undisclosed-stage round in May 2019.
Who are Meow Wolf's investors?Meow Wolf's investors include Alsop Louie Partners and New Mexico Economic Development Department.
What is Meow Wolf's revenue?Meow Wolf's latest recorded revenue is $18M (May 2019).
What is Meow Wolf's revenue multiple?Meow Wolf's latest valuation implies a 19.4x revenue multiple ($350M valuation on $18M of revenue).
Which companies are comparable to Meow Wolf?Companies comparable to Meow Wolf include Cover, Inkitt, BandLab, Barça Vision, Brut and WildBrain.

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