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

LiveMe Overview

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

United StatesLos Angeles, CA

Website

liveme.com

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

LiveMe valuation by funding round
DateStageValuation
Nov 2017Series B$300M
May 2017Series 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

LiveMe funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2017Series BByteDance (lead)$50M$300MLiveMe 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 2017Series AMatrix Partners China (lead); IDG Capital; Gobi Partners; Welight Capital; Cheetah Mobile$60M$1BLive.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

Investors in LiveMe by funding rounds participated
InvestorHQRoundsRoleFirst check
Matrix Partners ChinaChinaBeijing1LeadMay 2017
ByteDanceChinaBeijing1LeadNov 2017
IDG CapitalChinaBeijing1ParticipantMay 2017
Gobi PartnersMalaysiaKuala Lumpur1ParticipantMay 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

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

LiveMe Competitors

LiveMe competitors include listed companies like DouYu and Mirrativ, and private ones like Baidu Video, gamma, Inkitt and beehiiv.

Public and private companies comparable to LiveMe
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Baidu VideoChinaBeijingPrivate--$232M-
gammaUnited StatesLos Angeles, CAPrivate$100M-$400M4.0x
InkittUnited StatesSan Francisco, CAPrivate$38M-$400M10.5x
beehiivUnited StatesNew York City, NYPrivate$16M-$225M14.1x
DouYuChinaChinaPublicly listed$569M($5M)$140M-
MirrativJapanJapanPublicly listed$46M$2M$61M0.9x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
SOOP$340M$107M----
Xunlei$460M$28M0.2x-3.3x-
Sky Network Television$474M$98M0.6x0.5x2.7x2.9x
WildBrain$375M$26M0.5x1.0x7.7x8.4x
TVZone Media$51M$6M7.3x-61.6x-
Inkeverse Group$764M$72M----
Deezer$615M$17M0.2x0.2x8.2x8.0x
Wowow$496M$32M0.0x0.0x0.5x-

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.

See companies similar to LiveMe

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial