About Shop LIT Live
Shop LIT Live is a company based in San Francisco (United States) founded in 2020 by Toby Zhang. It operates as a B2C. Shop LIT Live has raised $6 million across 1 funding round from investors including COLOPL, CRCM Ventures and Marubeni Ventures. Shop LIT Live operates in a competitive market with competitors including Flip, NTWRK, talkShopLive, ShopShops and buywith, among others.
- Headquarter San Francisco, United States
- Founders Toby Zhang
-
Sectors
Retail
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$6 M (USD)
in 1 rounds
-
Latest Funding Round
$6 M (USD), Series A
Apr 05, 2021
-
Investors
COLOPL
& 3 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
Unlock access to complete
Unlock access to complete
Funding Insights of Shop LIT Live
Shop LIT Live has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in April 2021. 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 1
- Last Round Series A — $6.0M
-
First Round
First Round
(05 Apr 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series A - Shop LIT Live | Valuation | CRCM Ventures |
| 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 Shop LIT Live
Shop LIT Live has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include COLOPL, CRCM Ventures and Marubeni Ventures. 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 |
|---|---|---|---|---|
|
Investments are directed toward seed-stage startups by CRCM Ventures.
|
Founded Year | Domain | Location | |
|
Food delivery sectors are invested in by Marubeni Ventures.
|
Founded Year | Domain | Location | |
|
Early-stage investments across multiple sectors are conducted by this firm.
|
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 Shop LIT Live
| 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 - Shop LIT Live
| 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 |
Shop Lit Live Comparisons
Competitors of Shop LIT Live
Shop LIT Live 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 Flip, NTWRK, talkShopLive, ShopShops and buywith, 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 |
Online retailer of pre-owned refurbished smartphones
|
|
| domain | founded_year | HQ Location |
Online platform for live video-based shopping
|
|
| domain | founded_year | HQ Location |
Multi-category products are showcased via online live streaming platform.
|
|
| domain | founded_year | HQ Location |
Multi-category luxury fashion products are offered via online live streams.
|
|
| domain | founded_year | HQ Location |
Live-video commerce solutions are provided for business streaming sales.
|
|
| domain | founded_year | HQ Location |
AI-based live streaming solutions are provided for e-commerce brands.
|
| 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 Shop Lit Live
Frequently Asked Questions about Shop LIT Live
When was Shop LIT Live founded?
Shop LIT Live was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Shop LIT Live located?
Shop LIT Live is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Shop LIT Live a funded company?
Shop LIT Live is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Apr 05, 2021.
What does Shop LIT Live do?
Shop LIT Live, led by Toby Zhang as Founder, Toby Zhang as Founder, specializes in engaging in retail operations, operating online marketplaces, offering live streaming services, and interactive shopping. Provides an interactive live streaming shopping application for enhanced user experiences. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Who are the top competitors of Shop LIT Live?
Shop LIT Live's top competitors include NTWRK, talkShopLive and buywith.
Who are Shop LIT Live's investors?
Shop LIT Live has 4 investors. Key investors include COLOPL, CRCM Ventures, Marubeni Ventures, and Possible Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.