LifeLive
Digital experience platform for virtual events with a new level of user interaction.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | $103k Valuation: $1.2m | Angel | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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LifeLive.io is an innovative startup that operates in the burgeoning Metaverse space, offering a unique webcam-based platform where users can see and interact with each other in real-time. Founded by Daniel Breyer and Felix Reiter, who have a background in music production and DJing, the company aims to make culture accessible and inclusive for everyone, regardless of geographical boundaries. This vision was particularly inspired by the global lockdowns during the COVID-19 pandemic, which highlighted the need for virtual social interaction.
LifeLive.io serves a diverse range of clients, including individuals looking for social interaction, event organizers, and cultural institutions aiming to reach a global audience. The platform is designed to break down barriers, allowing people from all over the world to connect and share cultural experiences.
The market LifeLive.io operates in is the digital interactive streaming and Metaverse sector, which is rapidly growing as more people seek virtual alternatives for socializing and entertainment. This market includes competitors like Zoom for video conferencing and other Metaverse platforms like Decentraland, but LifeLive.io differentiates itself by focusing on real-time, webcam-based interactions.
The business model of LifeLive.io revolves around offering interactive streaming services. They generate revenue through various channels, including subscription fees for premium features, event hosting fees, and partnerships with cultural institutions. Additionally, they have gamified elements like the "Dance2Earn" feature, where users can win prizes, which can also be monetized through sponsorships and advertising.
The company is supported by WRD Labs, which provides technical expertise, and has a strong focus on public relations, social media, and marketing to expand its reach. The founders bring a wealth of experience in tech product development and virtual/augmented reality, ensuring that the platform remains cutting-edge.
In summary, LifeLive.io is a forward-thinking startup that leverages the Metaverse to create an inclusive, interactive streaming platform, making culture accessible to all.
Keywords: Metaverse, interactive streaming, webcam-based, cultural accessibility, global connectivity, virtual events, Dance2Earn, gamification, social interaction, digital inclusion.