Lit Live
A mobile livestreaming platform that connects brands to consumers through immersive shopping experiences.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
$6.0m | Seed | ||
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Shop LIT Live is an innovative platform that merges the offline and online shopping experiences through interactive livestream shopping. The company enables brands to connect with customers in a more meaningful way by allowing them to tell their stories through authentic, real-time content. Shop LIT Live serves a diverse range of clients, including brands and individual livestream creators, operating primarily in the e-commerce and retail markets. The business model revolves around providing a white-labeled technology that brands can use to host livestreams and fulfill orders via a drop-ship model. This setup allows for full brand control, easy integration with existing e-commerce systems, and real-time customer interactions. The platform boasts over 50% engagement on live chat and a 10-15% sales conversion rate during livestreams. Shop LIT Live makes money through partnerships with brands and by offering a platform for livestream creators to monetize their content. The company is pushing the boundaries of innovation in interactive shopping, helping brands build their fanbase and strengthen their communities.
Keywords: livestream shopping, e-commerce, real-time engagement, brand storytelling, drop-ship model, customer interaction, sales conversion, white-labeled technology, retail innovation, community building.