17LIVE Inc.

Based in Taiwan, 17LIVE Inc. is a leading interactive live streaming platform that enables users to broadcast and engage through real-time video content, fostering a vibrant social and entertainment experience. Founded in 2015 in Taipei, Taiwan, 17LIVE Inc. specializes in live streaming services.

The company has successfully raised a total of USD 26. 5 mn through multiple funding rounds, with the most recent being a Series D round in May 2020 led by Vertex Growth. The founders of the company are Jingshen Ng and Joseph Phua, who has played a pivotal role as the CEO. 17LIVE Inc.

offers a diverse range of products and services focused on interactive live streaming experiences. The core offering includes a platform where users can broadcast and view real-time video content, catering to entertainment and social engagement. Features such as live chat, virtual gifts, and audience participation tools enhance user interaction. Key end-users encompass content creators, influencers, and everyday individuals seeking entertainment through live broadcasts, with services primarily accessible in major markets including North America, Southeast Asia, and parts of Europe.

The company's revenue generation strategy combines a subscription-based model with in-app purchases, facilitating transactions between the platform and its users. Content creators and businesses pay for premium features that enhance their streaming capabilities or provide access to exclusive content. The platform offers various subscription tiers, allowing users to choose from basic to premium features, which may include advanced analytics and promotional support. Additionally, partnerships with brands for advertising during live streams contribute to a multifaceted revenue structure supporting both creators and the company.

17LIVE Inc. plans to leverage its recent Series D funding of USD 26. 5 mn, secured in May 2020, to enhance its product offerings and expand into new markets. The company is developing new features aimed at improving user engagement and interaction on its platform.

Specific geographic regions targeted for expansion include further penetration into Southeast Asia and Europe, with timelines set to align with product launches and market assessments. The recent funding will support these initiatives, aimed at solidifying 17LIVE's presence in the competitive live streaming landscape.