About Firework
Firework is a company based in Redwood City (United States) founded in 2017 by Vincent Yang and Jerry Luk.. Firework has raised $248.5 million across 6 funding rounds from investors including American Express, Sumitomo Corporation and Lightspeed Venture Partners. Firework offers products and services including 1:1 Video Assistant, Video Showroom, 1:1 Video Chat, and Shoppable Video. Firework operates in a competitive market with competitors including Bambuser, Tiled, Genially, Instasell and Quinn, among others.
- Headquarter Redwood City, United States
- Founders Vincent Yang, Jerry Luk
- Stage Minicorn
-
Sectors
RetailTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Loop Now Technologies, Inc,
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$248.5 M (USD)
in 6 rounds
-
Latest Funding Round
$150 M (USD), Series B
May 24, 2022
-
Investors
American Express
& 6 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Firework
Firework offers a comprehensive portfolio of products and services, including 1:1 Video Assistant, Video Showroom, 1:1 Video Chat, and Shoppable Video. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides tailored AI advice to anticipate customer needs.
Connects stores for 24/7 global access and interactions.
Facilitates video connections between experts and shoppers.
Enables direct purchasing from video content.
Unlock access to complete
Funding Insights of Firework
Firework has successfully raised a total of $248.5M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $150 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series B — $150.0M
-
First Round
First Round
(05 Feb 2020)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series B - Firework | Valuation | SoftBank Vision Fund |
|
| Nov, 2021 | Amount | Series A - Firework | Valuation |
investors |
|
| Nov, 2021 | Amount | Series A - Firework | Valuation | American Express |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Firework
Firework has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include American Express, Sumitomo Corporation and Lightspeed Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments in technology and startups.
|
Founded Year | Domain | Location | |
|
Early-stage tech startups are invested in by GSR Ventures.
|
Founded Year | Domain | Location | |
|
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Firework
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Firework
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Firework Comparisons
Competitors of Firework
Firework operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bambuser, Tiled, Genially, Instasell and Quinn, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Providing solution for live video streaming for businesses
|
|
| domain | founded_year | HQ Location |
Interactive content experiences are provided by Tiled for businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based platform for creating infographics and interactive content is offered.
|
|
| domain | founded_year | HQ Location |
Provider of live streaming e-commerce software suite solutions for businesses
|
|
| domain | founded_year | HQ Location |
Shoppable videos for Shopify stores are integrated and analyzed.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Firework
Frequently Asked Questions about Firework
When was Firework founded?
Firework was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Firework located?
Firework is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Who is the current CEO of Firework?
Vincent Yang is the current CEO of Firework. They have also founded this company.
Is Firework a funded company?
Firework is a funded company, having raised a total of $248.5M across 6 funding rounds to date.
What does Firework do?
Firework was founded in 2017 and is headquartered in Redwood City, United States. Cloud-based software is offered by the company to enable the creation of shoppable and interactive videos. Retailers are supported in producing live stream shopping content across their owned digital properties and various global channels. Operations focus on the e-commerce and video technology sectors, facilitating scalable video studios for international distribution.
Who are the top competitors of Firework?
What products or services does Firework offer?
Firework offers 1:1 Video Assistant, Video Showroom, 1:1 Video Chat, and Shoppable Video.
Who are Firework's investors?
Firework has 7 investors. Key investors include American Express, Sumitomo Corporation, Lightspeed Venture Partners, Asahi Kasei, and SoftBank Vision Fund.
What is Firework's valuation?
The valuation of Firework is $750M as of May 2022.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.