# Life on Air

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/life-on-air

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.house.party
- Total disclosed funding: $68M
- Latest round: Series C (Dec 2, 2016)
- Investors on record: 22

## About

Life on Air, Inc. is an innovative technology company based in the US, specializing in virtual social interaction platforms. Their main offering, House Party, enables users to host and attend online gatherings, games, and events seamlessly.Life on Air, Inc. is focused on creating engaging online social experiences through its platform, House Party. Founded in 2011 in San Francisco, US, the company has undergone significant changes, including its acquisition by Epic Games, Inc. in June 2019 for USD 35 mn. The latest funding round was an ADD-ON TRADE SALE in September 2021, raising a total of USD 50.00 mn. The company was co-founded by Julietta Rimmerova and Roi Tirosh, with Julietta Rimmerova serving as the CEO.House Party provides innovative platform solutions that enhance social interactions and entertainment experiences. Users can host or join virtual parties, games, and events, bridging digital and real-life social gatherings. Features include interactive games, live music streaming, and video chat functionalities, catering to various demographics such as young adults and families, with a reach across North America, Europe, and Asia-Pacific.House Party generates revenue through subscription models and in-app purchases, allowing users premium access to exclusive features. Clients engage with monthly or annual plans that unlock additional functionalities. The company also partners with brands for sponsored events and promotional content within the app, ensuring a diverse pricing structure for individual users and groups.Life on Air, Inc. plans to focus on developing new products and enhancing existing features to improve user engagement. Expansion into new geographic regions, specifically targeting markets in Asia-Pacific and Europe by 2023, is a key initiative. The recent funding from the ADD-ON TRADE SALE in September 2021 will support these development and expansion efforts, enabling the company to enhance its offerings and reach a broader audience.

## Funding rounds

- Series C, Dec 2, 2016, $50M — Hong Shan, Comcast Ventures, Greylock Partners, Aleph, NFX
- Series B, Mar 23, 2015, $14M — Comcast Ventures, Greylock Partners, Universal Music Group, Inc., The Raine Group, Broadway Video Ventures, Rainfall Ventures, Entree Capital, Slow, WME Group, LLC, Sound Ventures, Aleph, ACME Capital, Connect Ventures, Vayner/RSE, UTA Capital, Soma Capital Management, SherpaShare
- Series A, Feb 12, 2014, $3.6M — Ooga Labs, Entree Capital, Aleph
- Seed, Feb 3, 2013, $0.2M — DreamIt Ventures, Entree Capital
- Angel, Jan 1, 2013, $0.3M — PLUS Ventures, Entree Capital

## Investors

- PLUS Ventures — Angel
- Entree Capital (https://capitalatlas.ai/funds/entree-capital) — Angel, Seed, Series A, Series B
- DreamIt Ventures (https://capitalatlas.ai/funds/dreamit-ventures) — Seed
- Ooga Labs — Series A
- Aleph (https://capitalatlas.ai/funds/aleph) — Series A, Series B, Series C
- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Series B, Series C
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series B, Series C
- Universal Music Group, Inc. — Series B
- The Raine Group (https://capitalatlas.ai/funds/the-raine-group) — Series B
- Broadway Video Ventures (https://capitalatlas.ai/funds/broadway-video-ventures) — Series B
- Rainfall Ventures (https://capitalatlas.ai/funds/rainfall-ventures) — Series B
- Slow (https://capitalatlas.ai/funds/slow) — Series B
- WME Group, LLC — Series B
- Sound Ventures (https://capitalatlas.ai/funds/sound-ventures) — Series B
- ACME Capital (https://capitalatlas.ai/funds/acme-capital) — Series B
- Connect Ventures — Series B
- Vayner/RSE (https://capitalatlas.ai/funds/vayner-rse) — Series B
- UTA Capital — Series B
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Series B
- SherpaShare — Series B
- Hong Shan — Series C
- NFX (https://capitalatlas.ai/funds/nfx) — Series C