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- LiveMe
LiveMe Valuation, Funding & Investors
LiveMe is valued at $300M as of November 2017.
Last LiveMe valuation
$300M
Series B · Nov 2017
Last LiveMe funding round
$50M
Series B · Nov 2017
Cumulative funding LiveMe raised
$110M
across 2 funding rounds
Key investors in LiveMe
IDG Capital
Matrix Partners China
Gobi Partners
Welight Capital
ByteDance
Cheetah Mobile
About LiveMe
LiveMe is a New York-headquartered live streaming app that connects broadcasters with global audiences for talent shows, gaming, and social interactions. The platform distributes content across iOS and Android, rewarding top creators with virtual gifts convertible to cash. LiveMe hosts daily events and supports fan clubs, amassing millions of daily active users since its 2016 launch by Cheer Holding. It features AR filters and multi-guest streaming for enhanced viewer engagement.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Valuation
$300M (Nov 2017)
LiveMe Valuation
LiveMe is currently valued at $300M, based on its Series B in November 2017.
The $50M round was led by ByteDance.
LiveMe's valuation has moved from $1B at its Series A in May 2017 to $300M in November 2017, across 2 priced rounds.
LiveMe valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2017 | Series B | $300M |
| May 2017 | Series A | $1B |
LiveMe Funding History
LiveMe has raised a total of $110M across 2 funding rounds.
LiveMe's first fundraising round was a $60M Series A in May 2017. The most recent completed round was a $50M Series B in November 2017.
LiveMe funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Nov 2017 | Series B | ByteDance (lead) | $50M | $300M | LiveMe is a live streaming platform popular among American young adults, owned by Cheetah Mobile, offering live video broadcasting with virtual gifts monetization, achieving 40 million users, 350,000 hours of daily content, and average 40 minutes daily user time by late 2017. It had paid out about $6 million in virtual gifts to broadcasters to date. The company launched a short-video app Cheez for 17-second clips. On November 8-9, 2017, LiveMe raised $50 million in a Series B round from ByteDance, bringing total funding to $110 million after a prior $60 million round in May 2017 led by Matrix Partners China, Evolution Media China, Gobi Partners, and others. This strategic investment positions LiveMe as the preferred live streaming provider for ByteDance's overseas properties like Musical.ly, Topbuzz, and Flipagram, with funds aimed at international expansion and growth in live and short video businesses. ByteDance, valued at around $20 billion then, operates AI-powered Toutiao, China's largest news aggregator, and global apps. The partnership enhances content distribution and broadcaster monetization amid booming global live streaming, with LiveMe competing in social video alongside ByteDance's ecosystem. |
| May 2017 | Series A | Matrix Partners China (lead); IDG Capital; Gobi Partners; Welight Capital; Cheetah Mobile | $60M | $1B | Live.me, a Cayman Islands-based live video streaming application and subsidiary of Cheetah Mobile Inc., raised US$60 million in Series A funding on May 2, 2017, led by Matrix Partners China, with participation from Evolution Media China, Gobi Partners, IDG Capital, Welight Capital, and Cheetah Mobile. This round pushed the firm's valuation to around US$1 billion. Live.me, launched about a year prior, operated as a popular livestreaming platform targeting American users, competing in the burgeoning live streaming video sector. By mid-2017, following this round, the company reported 40 million users generating 350,000 hours of content daily, with viewers averaging 40 minutes per session on the app. Broadcasters had received roughly $6 million in virtual gifts payouts to date, highlighting early monetization through virtual goods. The funding supported Live.me's expansion amid a competitive landscape, later evidenced by a subsequent $50 million investment from Bytedance in November 2017, bringing total funds raised to $110 million and positioning Live.me as a preferred livestreaming provider for Bytedance's overseas properties like Musical.ly. |
Who has invested in LiveMe?
6 investors have backed LiveMe across its funding rounds, including IDG Capital, Matrix Partners China, Gobi Partners, Welight Capital, ByteDance and Cheetah Mobile.
Lead investors include ByteDance and Matrix Partners China.
LiveMe Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | May 2017 | ||
| 1 | Lead | Nov 2017 | ||
| 1 | Participant | May 2017 | ||
| 1 | Participant | May 2017 | ||
This data is available for Pro users. Sign up to see all 6 LiveMe investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialLiveMe Competitors
LiveMe competitors include listed companies like DouYu and Mirrativ, and private ones like Baidu Video, gamma, Inkitt and beehiiv.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $232M | - | ||
| Private | $100M | - | $400M | 4.0x | ||
| Private | $38M | - | $400M | 10.5x | ||
| Private | $16M | - | $225M | 14.1x | ||
| Publicly listed | $569M | ($5M) | $140M | - | ||
| Publicly listed | $46M | $2M | $61M | 0.9x |
LiveMe Public Comps
LiveMe is still privately-owned, but its public comps include SOOP, Xunlei, Sky Network Television, WildBrain, TVZone Media, Inkeverse Group, Deezer, Wowow, CuriosityStream and Bemobi.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $340M | $107M | - | - | - | - | |||
| $460M | $28M | 0.2x | - | 3.3x | - | |||
| $474M | $98M | 0.6x | 0.5x | 2.7x | 2.9x | |||
| $375M | $26M | 0.5x | 1.0x | 7.7x | 8.4x | |||
| $51M | $6M | 7.3x | - | 61.6x | - | |||
| $764M | $72M | - | - | - | - | |||
| $615M | $17M | 0.2x | 0.2x | 8.2x | 8.0x | |||
| $496M | $32M | 0.0x | 0.0x | 0.5x | - | |||
This data is available for Pro users. Sign up to see all LiveMe competitors and their valuation data. Start Free Trial | ||||||||
Common questions about LiveMe
| When was LiveMe founded? | LiveMe was founded in 2016. |
| Where is LiveMe headquartered? | LiveMe is headquartered in Los Angeles, CA, United States. |
| Is LiveMe publicly listed? | No, LiveMe is a private, VC-backed company. |
| What is LiveMe's valuation? | LiveMe was last valued at $300M in its Series B in November 2017. |
| How much funding has LiveMe raised? | LiveMe has raised $110M across 2 funding rounds. |
| What was LiveMe's last funding round? | LiveMe's last funding round was a $50M Series B in November 2017, led by ByteDance. |
| Who are LiveMe's investors? | LiveMe's investors include Matrix Partners China, ByteDance, IDG Capital, Gobi Partners, Welight Capital and Cheetah Mobile. |
| Which companies are comparable to LiveMe? | Companies comparable to LiveMe include Baidu Video, gamma, Inkitt, beehiiv, DouYu and Mirrativ. |
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