LiveChat Inc.
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LiveChat Inc. - overview
Established
2002
Location
Chapel Hill, NC, US
Primary Industry
Software
About
LiveChat Inc. is a technology company that provides AI-powered live chat software, enhancing customer interaction and support for businesses, primarily in the B2B SaaS and ecommerce sectors. Founded in 2002 in Chapel Hill, US, LiveChat Inc. specializes in live chat software solutions.
The company has not undergone notable pivots in its core offering. Mariusz Cieply serves as CEO and has a history of leading technology initiatives. The company has engaged in two funding rounds, with Tar Heel Capital previously exiting its stake in LiveChat Inc. LiveChat® specializes in providing advanced AI live chat software tailored for businesses, particularly in the B2B SaaS and ecommerce sectors.
Their core offerings include a suite of integrated tools designed to enhance customer engagement and streamline communication. Key products include ChatBot, which automates customer inquiries; HelpDesk, which supports ticket management; KnowledgeBase, which provides self-service resources; and OpenWidget, which enhances websites with customizable chat features. These products are aimed at solving common issues such as customer support inefficiencies and sales conversion challenges, offering solutions that cater to a diverse client base, including over 35,000 companies worldwide. LiveChat® operates in various geographical markets, with significant presence in North America, Europe, and parts of Asia, serving businesses of all sizes that seek to improve their customer interaction processes.
LiveChat® generates revenue primarily through subscription-based pricing plans for its software solutions, with costs structured to accommodate varying business needs. Their pricing tiers start at USD 20 monthly, allowing businesses to select the plan that best suits their operational requirements. The company offers flagship products such as LiveChat® itself, ChatBot, and HelpDesk, all of which are pivotal in strengthening customer service and driving sales performance. Transactions typically involve direct engagement with clients, where businesses subscribe to use the platform and leverage its features to facilitate real-time communication with their customers.
This model not only provides a steady revenue stream but also fosters long-term partnerships with clients seeking to enhance their customer support capabilities. LiveChat Inc. is strategizing future growth through the development of new products, although specific details and release dates have not been disclosed. The company is also targeting expansion into new geographic regions, particularly focusing on markets in Asia by 2025.
Recent funding will be utilized to support these initiatives, enhancing product offerings and market reach.
Primary Industry
Software
Sub Industries
Conferencing Software, Music & Video Streaming Software
Website
www.livechatinc.com
Verticals
E-commerce
Total Amount Raised
Subscriber access only
LiveChat Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | LiveChat Inc. | - | ||||||||
| Unspecified Exit | Completed | LiveChat Inc. | - |
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