About Steem
Steem is a company based in New York (United States) founded in 1998 was acquired by TRON in March 2020.. Steem offers products and services including Steemit, eSteem, and DTube. Steem operates in a competitive market with competitors including DSCVR, Minds, Yours, GARI and Taki, among others.
- Headquarter New York, United States
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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- Legal Name Steemit Inc
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Products & Services of Steem
Steem offers a comprehensive portfolio of products and services, including Steemit, eSteem, and DTube. 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.
Platform for users to share content and earn rewards.
Mobile application for accessing Steem-based social features.
Decentralized platform for video sharing and rewards.
Funding Insights of Steem
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Steem
Steem has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tron. 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 |
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Blockchain explorers and cryptocurrency wallets are offered by TRON.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Steem
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Steem
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Steem Comparisons
Competitors of Steem
Steem 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 DSCVR, Minds, Yours, GARI and Taki, 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 |
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| domain | founded_year | HQ Location |
Decentralized social networking platform
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Decentralized open-source social network is operated for user interactions.
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Yours is recognized as a provider of cryptocurrency wallet solutions.
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Crypto-based social media platform
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Blockchain-based social sharing platform
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Operates as a blockchain-based social platform for users.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Steem
Frequently Asked Questions about Steem
When was Steem founded?
Steem was founded in 1998.
Where is Steem located?
Steem is headquartered in New York, United States. It is registered at New York, New York, United States.
What does Steem do?
Decentralized reward-based content platform. Offers SMT tokens which are content creators and curators daily as rewards, based on community voting. The Steem network has three assets Steem, Steem Power, and Steem Dollars. STEEM is the basic currency of the platform and other tokens derive their value from the value of STEEM. SP is an access token providing vesting powers to the holders. SBD is a token convertible dollar. Also offers a social blogging platform called SteemIt.
What products or services does Steem offer?
Steem offers Steemit, eSteem, and DTube.
Who are Steem's investors?
Steem has 1 investor. Key investors include Tron.
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