Steem

New York, United States Founded: 1998 • Age: 28 yrs Acquired By TRON
Decentralized reward-based content platform
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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
  • Sectors
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Steemit Inc
Operational Areas
Media & Entertainment → Creator Economy & Social Platforms
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    TRON

    (Mar 03, 2020)

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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.

Primary

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
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 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.

All
Institutional
Investor Description Founded Year Domain Location
Blockchain explorers and cryptocurrency wallets are offered by TRON.
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 Steem

Investments
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 - Steem

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Steem Comparisons

Employees
+
Add Comparison
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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
domain founded_year HQ Location
Decentralized social networking platform
domain founded_year HQ Location
Decentralized open-source social network is operated for user interactions.
domain founded_year HQ Location
Yours is recognized as a provider of cryptocurrency wallet solutions.
domain founded_year HQ Location
Crypto-based social media platform
domain founded_year HQ Location
Blockchain-based social sharing platform
domain founded_year HQ Location
Operates as a blockchain-based social platform for users.
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 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.

Who are the top competitors of Steem?

Steem's top competitors include Minds, Taki and DSCVR.

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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