Livestorm SAS

Livestorm SAS is a video conferencing software provider specializing in webinars and online events, focusing on user engagement and streamlined communication for businesses. Founded in 2016 and headquartered in Paris, France, Livestorm SAS offers a video conferencing platform that supports webinars, virtual meetings, and online events. The company was established by founders Garreau Vincent, Gilles Bertaux, and Robin Lambert, with Gilles Bertaux currently serving as CEO. Livestorm has successfully raised a total of EUR 16.

00 mn across various funding rounds, most recently a Series B round in May 2021, led by Aglaé Ventures, which included participation from Bpifrance Investissement Régions, Idinvest Partners, and RAISE. The latest funding has increased the company's valuation to EUR 93. 97 mn. Livestorm provides a robust video conferencing platform designed for webinars, virtual meetings, and online events.

It features live webinars, automated webinars with workflows, and on-demand webinars, catering to various use cases such as product demonstrations and online training. The platform is particularly beneficial for industries requiring secure communications, like healthcare and finance, and serves clients across North America, Europe, and Asia. In 2022, Livestorm reported revenue of EUR 13,109,233 with an EBITDA of EUR -8,756,143. The company generates revenue primarily through a subscription model, offering various pricing tiers to accommodate different organizational sizes, from startups to enterprises.

Plans are tailored to clients’ needs for features including advanced analytics and customization options. Following the EUR 16. 00 mn Series B funding round in May 2021, Livestorm plans to enhance its platform with new product features aimed at improving user experience. The company is also looking to expand its reach into new markets, particularly focusing on further penetration in North America and Asia by 2023.

The recent funding will help support these product developments and market expansion initiatives, ensuring that Livestorm can continue to meet the evolving needs of its users.